IMAX (IMAX) Stock Forecast, Price Target & Predictions
IMAX Stock Forecast
IMAX stock forecast is as follows: an average price target of $24.13 (represents a 14.85% upside from IMAX’s last price of $21.01) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
IMAX Price Target
The average price target for IMAX (IMAX) is $24.13 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $27.00 to $22.00. This represents a potential 14.85% upside from IMAX's last price of $21.01.
IMAX Analyst Ratings
According to 8 Wall Street analysts, IMAX's rating consensus is 'Buy'. The analyst rating breakdown for IMAX stock is 0 'Strong Buy' (0.00%), 8 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
IMAX Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 26, 2024 | James Goss | Barrington | $25.00 | $19.96 | 25.22% | 18.99% |
| Jul 26, 2024 | Alicia Reese | Wedbush | $24.00 | $19.96 | 20.21% | 14.23% |
| Jul 26, 2024 | Chad Beynon | Macquarie | $26.00 | $20.09 | 29.42% | 23.75% |
| Jul 24, 2024 | David Joyce | Seaport Global | $23.00 | $17.75 | 29.58% | 9.47% |
| Jun 05, 2024 | Eric Handler | Roth Capital | $22.00 | $15.41 | 42.76% | 4.71% |
| Mar 04, 2024 | Alicia Reese | Wedbush | $22.00 | $16.79 | 31.07% | 4.71% |
| Jul 28, 2023 | James Goss | Barrington | $24.00 | $18.43 | 30.22% | 14.23% |
| Jul 27, 2023 | Mike Hickey | Oppenheimer | $23.00 | $18.88 | 21.85% | 9.47% |
| Jul 27, 2023 | Alicia Reese | Wedbush | $26.00 | $18.88 | 37.75% | 23.75% |
| Jul 13, 2023 | Steve Frankel | Rosenblatt Securities | $27.00 | $18.09 | 49.25% | 28.51% |
The latest IMAX stock forecast, released on Jul 26, 2024 by James Goss from Barrington, set a price target of $25.00, which represents a 25.22% increase from the stock price at the time of the forecast ($19.96), and a 18.99% increase from IMAX last price ($21.01).
IMAX Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 6 |
| Avg Price Target | - | $24.50 | $23.67 |
| Last Closing Price | $21.01 | $21.01 | $21.01 |
| Upside/Downside | -100.00% | 16.61% | 12.66% |
In the current month, the average price target of IMAX stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to IMAX's last price of $21.01. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 03, 2024 | Wedbush | Outperform | Outperform | Hold |
| Jul 29, 2024 | Seaport Global | Buy | Buy | Hold |
| Jul 26, 2024 | Wedbush | Outperform | Outperform | Hold |
| Jul 26, 2024 | Macquarie | Outperform | Outperform | Hold |
| Jul 24, 2024 | Seaport Global | - | Buy | Initialise |
| Jul 08, 2024 | B. Riley | Buy | Buy | Hold |
| Apr 18, 2024 | Wedbush | Outperform | Outperform | Hold |
| Mar 04, 2024 | Wedbush | Outperform | Outperform | Hold |
| Oct 09, 2023 | Benchmark | Buy | Buy | Hold |
| Jul 27, 2023 | Oppenheimer | Outperform | Outperform | Hold |
IMAX's last stock rating was published by Wedbush on Sep 03, 2024. The company gave IMAX a "Outperform" rating, the same as its previous rate.
IMAX Financial Forecast
IMAX Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $86.02M | $103.90M | $97.98M | $86.95M | $98.05M | $68.75M | $73.97M | $60.04M | $108.57M | $56.60M |
| Avg Forecast | $146.06M | $127.37M | $128.10M | $100.11M | $138.28M | $120.54M | $121.31M | $94.74M | $129.71M | $113.85M | $100.28M | $92.67M | $133.18M | $107.15M | $89.91M | $86.49M | $121.76M | $99.48M | $74.52M | $78.17M | $85.83M | $101.17M | $86.58M | $79.52M | $95.66M | $68.44M | $73.73M | $58.99M | $86.68M | $56.43M |
| High Forecast | $161.29M | $140.65M | $141.46M | $110.55M | $152.69M | $133.10M | $133.96M | $104.61M | $143.23M | $125.72M | $110.74M | $102.33M | $147.06M | $118.32M | $99.28M | $95.51M | $134.45M | $109.06M | $82.29M | $86.32M | $97.52M | $111.72M | $95.60M | $87.81M | $105.63M | $75.57M | $81.21M | $64.98M | $95.48M | $62.16M |
| Low Forecast | $133.77M | $116.65M | $117.32M | $91.69M | $126.64M | $110.39M | $111.10M | $86.76M | $118.80M | $104.27M | $91.85M | $84.87M | $121.97M | $98.13M | $82.34M | $79.22M | $111.52M | $94.82M | $68.25M | $71.60M | $81.27M | $92.66M | $79.29M | $72.83M | $87.61M | $62.68M | $68.90M | $55.12M | $81.00M | $52.73M |
| # Analysts | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.03% | 1.13% | 1.09% | 1.02% | 1.00% | 1.00% | 1.02% | 1.25% | 1.00% |
IMAX's average Quarter revenue forecast for Mar 24 based on 4 analysts is $78.17M, with a low forecast of $71.60M, and a high forecast of $86.32M. IMAX's average Quarter revenue forecast represents a -9.12% decrease compared to the company's last Quarter revenue of $86.02M (Dec 23).
IMAX EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.16M | $24.32M | $14.23M | $26.40M | $9.46M | $12.33M | $5.86M | $12.30M | $38.32M | $12.46M |
| Avg Forecast | $24.13M | $21.04M | $21.16M | $16.54M | $22.84M | $19.91M | $20.04M | $15.65M | $21.43M | $18.81M | $16.57M | $15.31M | $22.00M | $17.70M | $14.85M | $14.29M | $20.11M | $16.43M | $12.31M | $4.41M | $14.18M | $16.71M | $14.30M | $3.49M | $15.80M | $18.98M | $12.18M | $2.76M | $14.32M | $9.32M |
| High Forecast | $26.64M | $23.23M | $23.37M | $18.26M | $25.22M | $21.99M | $22.13M | $17.28M | $23.66M | $20.77M | $18.29M | $16.90M | $24.29M | $19.55M | $16.40M | $15.78M | $22.21M | $18.02M | $13.59M | $5.30M | $16.11M | $18.45M | $15.79M | $4.19M | $17.45M | $22.78M | $13.42M | $3.31M | $15.77M | $10.27M |
| Low Forecast | $22.10M | $19.27M | $19.38M | $15.15M | $20.92M | $18.24M | $18.35M | $14.33M | $19.62M | $17.22M | $15.17M | $14.02M | $20.15M | $16.21M | $13.60M | $13.09M | $18.42M | $15.66M | $11.27M | $3.53M | $13.42M | $15.31M | $13.10M | $2.79M | $14.47M | $15.19M | $11.38M | $2.21M | $13.38M | $8.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 1.46% | 0.99% | 7.57% | 0.60% | 0.65% | 0.48% | 4.46% | 2.68% | 1.34% |
4 analysts predict IMAX's average Quarter EBITDA for Mar 24 to be $4.41M, with a high of $5.30M and a low of $3.53M. This is -72.69% lower than IMAX's previous annual EBITDA (Dec 23) of $16.16M.
IMAX Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.54M | $11.99M | $16.54M | $5.12M | $4.08M | $-7.76M | $-4.25M | $-11.95M | $13.38M | $-8.38M |
| Avg Forecast | $21.10M | $22.20M | $10.90M | $12.95M | $18.62M | $19.80M | $9.07M | $11.12M | $21.55M | $15.28M | $7.33M | $9.02M | $25.70M | $16.05M | $6.57M | $10.48M | $23.72M | $14.96M | $2.68M | $-17.42M | $2.66M | $12.71M | $8.45M | $-13.77M | $9.90M | $-12.76M | $5.97M | $-10.89M | $3.55M | $-7.28M |
| High Forecast | $23.96M | $25.21M | $12.38M | $14.71M | $21.14M | $22.48M | $10.30M | $12.63M | $24.47M | $17.35M | $8.32M | $10.24M | $29.18M | $18.22M | $7.47M | $11.91M | $26.93M | $21.29M | $3.04M | $-13.94M | $4.26M | $14.43M | $9.59M | $-11.02M | $11.24M | $-10.21M | $6.76M | $-8.71M | $4.02M | $-6.66M |
| Low Forecast | $18.80M | $19.78M | $9.71M | $11.53M | $16.58M | $17.63M | $8.08M | $9.90M | $19.20M | $13.61M | $6.52M | $8.04M | $22.89M | $14.29M | $5.86M | $9.34M | $21.12M | $10.93M | $2.39M | $-20.91M | $1.33M | $11.32M | $7.52M | $-16.53M | $8.82M | $-15.31M | $5.46M | $-13.06M | $3.25M | $-8.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.94% | 1.96% | -0.37% | 0.41% | 0.61% | -0.71% | 1.10% | 3.77% | 1.15% |
IMAX's average Quarter net income forecast for Mar 24 is $-17.42M, with a range of $-20.91M to $-13.94M. IMAX's average Quarter net income forecast represents a -785.90% decrease compared to the company's last Quarter net income of $2.54M (Dec 23).
IMAX SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.07M | $36.36M | $38.91M | $34.23M | $37.86M | $32.91M | $37.09M | $30.18M | $34.93M | $28.38M |
| Avg Forecast | $70.37M | $61.36M | $61.71M | $48.23M | $66.62M | $58.07M | $58.44M | $45.64M | $62.49M | $54.85M | $48.31M | $44.64M | $64.16M | $51.62M | $43.31M | $41.67M | $58.66M | $47.93M | $35.90M | $38.64M | $41.35M | $48.74M | $41.71M | $30.54M | $46.09M | $43.22M | $35.52M | $24.14M | $41.76M | $27.18M |
| High Forecast | $77.70M | $67.76M | $68.15M | $53.26M | $73.56M | $64.12M | $64.53M | $50.40M | $69.00M | $60.57M | $53.35M | $49.30M | $70.85M | $57.00M | $47.83M | $46.01M | $64.77M | $52.54M | $39.64M | $46.36M | $46.98M | $53.82M | $46.06M | $36.65M | $50.89M | $51.86M | $39.12M | $28.97M | $46.00M | $29.94M |
| Low Forecast | $64.45M | $56.20M | $56.52M | $44.17M | $61.01M | $53.18M | $53.52M | $41.80M | $57.23M | $50.23M | $44.25M | $40.89M | $58.76M | $47.28M | $39.67M | $38.16M | $53.72M | $45.68M | $32.88M | $30.91M | $39.15M | $44.64M | $38.20M | $24.43M | $42.21M | $34.58M | $33.19M | $19.32M | $39.02M | $25.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.75% | 0.93% | 1.12% | 0.82% | 0.76% | 1.04% | 1.25% | 0.84% | 1.04% |
IMAX's average Quarter SG&A projection for Mar 24 is $38.64M, based on 4 Wall Street analysts, with a range of $30.91M to $46.36M. The forecast indicates a 10.17% rise compared to IMAX last annual SG&A of $35.07M (Dec 23).
IMAX EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 3 | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.05 | $0.22 | $0.30 | $0.09 | $0.07 | $-0.14 | $-0.07 | $-0.20 | $0.23 | $-0.14 |
| Avg Forecast | $0.40 | $0.42 | $0.20 | $0.24 | $0.35 | $0.37 | $0.17 | $0.21 | $0.40 | $0.29 | $0.14 | $0.17 | $0.48 | $0.30 | $0.12 | $0.20 | $0.44 | $0.28 | $0.05 | $0.10 | $0.05 | $0.24 | $0.16 | $0.13 | $0.19 | $0.03 | $0.11 | $-0.05 | $0.07 | $-0.14 |
| High Forecast | $0.45 | $0.47 | $0.23 | $0.28 | $0.40 | $0.42 | $0.19 | $0.24 | $0.46 | $0.32 | $0.16 | $0.19 | $0.55 | $0.34 | $0.14 | $0.22 | $0.50 | $0.40 | $0.06 | $0.11 | $0.08 | $0.27 | $0.18 | $0.15 | $0.21 | $0.03 | $0.13 | $-0.04 | $0.08 | $-0.12 |
| Low Forecast | $0.35 | $0.37 | $0.18 | $0.22 | $0.31 | $0.33 | $0.15 | $0.19 | $0.36 | $0.25 | $0.12 | $0.15 | $0.43 | $0.27 | $0.11 | $0.17 | $0.40 | $0.20 | $0.04 | $0.09 | $0.02 | $0.21 | $0.14 | $0.11 | $0.16 | $0.02 | $0.10 | $-0.05 | $0.06 | $-0.15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.92% | 1.90% | 0.74% | 0.40% | -5.23% | -0.66% | 4.34% | 3.46% | 1.03% |
According to 4 Wall Street analysts, IMAX's projected average Quarter EPS for Mar 24 is $0.10, with a low estimate of $0.09 and a high estimate of $0.11. This represents a 109.75% increase compared to IMAX previous annual EPS of $0.05 (Dec 23).
IMAX Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AMCX | AMC Networks | $8.99 | $26.67 | 196.66% | Hold |
| PLAY | Dave & Buster's Entertainment | $30.79 | $54.78 | 77.91% | Buy |
| MCS | Marcus | $14.36 | $20.00 | 39.28% | Buy |
| WMG | Warner Music Group | $27.60 | $37.81 | 36.99% | Buy |
| LYV | Live Nation Entertainment | $92.78 | $113.70 | 22.55% | Buy |
| FWONA | Formula One Group | $69.62 | $83.00 | 19.22% | Buy |
| IMAX | IMAX | $21.00 | $24.13 | 14.90% | Buy |
| MSGS | Madison Square Garden Sports | $202.33 | $230.00 | 13.68% | Buy |
| FOX | Fox | $37.36 | $40.67 | 8.86% | Buy |
IMAX Forecast FAQ
Is IMAX a good buy?
Yes, according to 8 Wall Street analysts, IMAX (IMAX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 100.00% of IMAX's total ratings.
What is IMAX's price target?
IMAX (IMAX) average price target is $24.13 with a range of $22 to $27, implying a 14.85% from its last price of $21.01. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will IMAX stock go up soon?
According to Wall Street analysts' prediction for IMAX stock, the company can go up by 14.85% (from the last price of $21.01 to the average price target of $24.13), up by 28.51% based on the highest stock price target, and up by 4.71% based on the lowest stock price target.
Can IMAX stock reach $30?
IMAX's average twelve months analyst stock price target of $24.13 does not support the claim that IMAX can reach $30 in the near future.
What are IMAX's analysts' financial forecasts?
IMAX's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $474.86M (high $524.36M, low $434.91M), average EBITDA is $78.44M (high $86.62M, low $71.84M), average net income is $58.6M (high $66.54M, low $52.19M), average SG&A $228.77M (high $252.61M, low $209.52M), and average EPS is $1.1 (high $1.25, low $0.977). IMAX's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $501.65M (high $553.94M, low $459.44M), average EBITDA is $82.87M (high $91.5M, low $75.89M), average net income is $67.16M (high $76.27M, low $59.82M), average SG&A $241.67M (high $266.86M, low $221.34M), and average EPS is $1.26 (high $1.43, low $1.12).
Did the IMAX's actual financial results beat the analysts' financial forecasts?
Based on IMAX's last annual report (Dec 2023), the company's revenue was $374.84M, beating the average analysts forecast of $353.09M by 6.16%. Apple's EBITDA was $50.4M, beating the average prediction of $48.68M by 3.53%. The company's net income was $59.17M, beating the average estimation of $10.05M by 488.99%. Apple's SG&A was $144.41M, missing the average forecast of $162.34M by -11.05%. Lastly, the company's EPS was $1.07, beating the average prediction of $0.575 by 86.19%. In terms of the last quarterly report (Dec 2023), IMAX's revenue was $86.02M, beating the average analysts' forecast of $85.83M by 0.22%. The company's EBITDA was $16.16M, beating the average prediction of $14.18M by 13.98%. IMAX's net income was $2.54M, missing the average estimation of $2.66M by -4.59%. The company's SG&A was $35.07M, missing the average forecast of $41.35M by -15.18%. Lastly, the company's EPS was $0.0462, missing the average prediction of $0.0498 by -7.28%