IMAX (IMAX) Stock Forecast, Price Target & Predictions


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IMAX Stock Forecast


IMAX stock forecast is as follows: an average price target of $25.60 (represents a 1.19% upside from IMAX’s last price of $25.30) 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 $25.60 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $30.00 to $23.00. This represents a potential 1.19% upside from IMAX's last price of $25.30.

IMAX Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 25, 2024Eric WoldB.Riley Financial$30.00$19.7451.98%18.58%
Jul 26, 2024Alicia ReeseWedbush$24.00$19.9620.21%-5.14%
Jul 26, 2024James GossBarrington$25.00$19.9625.22%-1.19%
Jul 26, 2024Chad BeynonMacquarie$26.00$20.0929.42%2.77%
Jul 24, 2024David JoyceSeaport Global$23.00$17.7529.58%-9.09%
Jun 05, 2024Eric HandlerRoth Capital$22.00$15.4142.76%-13.04%
Mar 04, 2024Alicia ReeseWedbush$22.00$16.7931.07%-13.04%
Jul 28, 2023James GossBarrington$24.00$18.4330.22%-5.14%
Jul 27, 2023Mike HickeyOppenheimer$23.00$18.8821.85%-9.09%
Jul 27, 2023Alicia ReeseWedbush$26.00$18.8837.75%2.77%
Jul 13, 2023Steve FrankelRosenblatt Securities$27.00$18.0949.25%6.72%
Dec 27, 2022Steve FrankelRosenblatt Securities$22.00$14.2953.96%-13.04%
Jun 13, 2022Steve FrankelRosenblatt Securities$25.00$15.1764.80%-1.19%
Apr 29, 2022MKM Partners$23.00$15.5647.81%-9.09%

The latest IMAX stock forecast, released on Sep 25, 2024 by Eric Wold from B.Riley Financial, set a price target of $30.00, which represents a 51.98% increase from the stock price at the time of the forecast ($19.74), and a 18.58% increase from IMAX last price ($25.30).

IMAX Price Target by Period


1M3M12M
# Anlaysts-17
Avg Price Target-$30.00$24.57
Last Closing Price$25.30$25.30$25.30
Upside/Downside-100.00%18.58%-2.89%

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 $25.30. 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


DateCompanyPrevious RatingNew RatingRating Change
Sep 03, 2024WedbushOutperformOutperformHold
Jul 29, 2024Seaport GlobalBuyBuyHold
Jul 26, 2024WedbushOutperformOutperformHold
Jul 26, 2024MacquarieOutperformOutperformHold
Jul 24, 2024Seaport GlobalBuyInitialise
Jul 08, 2024B. RileyBuyBuyHold
Apr 18, 2024WedbushOutperformOutperformHold
Mar 04, 2024WedbushOutperformOutperformHold
Oct 09, 2023BenchmarkBuyBuyHold
Jul 27, 2023OppenheimerOutperformOutperformHold
Jul 13, 2023OppenheimerBuyBuyHold
Jul 13, 2023WedbushOutperformOutperformHold
Jul 13, 2023BenchmarkBuyBuyHold
Dec 27, 2022Rosenblatt SecuritiesBuyBuyHold
Apr 29, 2022MKM PartnersBuyBuyHold

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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue--------------------$86.02M$103.90M$97.98M$86.95M$98.05M$68.75M$73.97M$60.04M$108.57M$56.60M
Avg Forecast$183.95M$116.40M$131.93M$98.20M$172.75M$108.94M$123.77M$91.80M$143.20M$107.75M$99.27M$89.83M$139.20M$102.22M$93.03M$84.13M$118.10M$93.71M$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$194.49M$123.07M$139.49M$103.82M$182.65M$115.18M$130.86M$97.06M$151.40M$113.92M$104.96M$94.97M$147.17M$108.07M$98.36M$87.92M$126.78M$96.61M$74.52M$78.17M$97.52M$101.38M$91.53M$84.07M$101.14M$68.44M$73.73M$58.99M$86.68M$56.43M
Low Forecast$171.12M$108.28M$122.73M$91.35M$160.70M$101.35M$115.14M$85.40M$133.21M$100.24M$92.35M$83.56M$129.49M$95.09M$86.54M$78.94M$110.84M$90.81M$74.52M$78.17M$81.27M$100.97M$80.54M$73.97M$88.99M$68.44M$73.73M$58.99M$86.68M$56.43M
# Analysts444433333333444694548454434354
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 $78.17M, and a high forecast of $78.17M. 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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts444433333333444694548454434354
EBITDA--------------------$16.16M$24.32M$14.23M$26.40M$9.46M$12.33M$5.86M$12.30M$38.32M$12.46M
Avg Forecast$22.73M$14.38M$16.30M$12.13M$21.34M$13.46M$15.29M$11.34M$17.69M$13.31M$12.27M$11.10M$17.20M$12.63M$11.49M$10.39M$14.59M$11.58M$9.21M$4.41M$10.60M$12.50M$10.70M$3.49M$31.32M$11.31M$12.18M$2.76M$14.32M$9.32M
High Forecast$24.03M$15.20M$17.23M$12.83M$22.57M$14.23M$16.17M$11.99M$18.71M$14.08M$12.97M$11.73M$18.18M$13.35M$12.15M$10.86M$15.66M$11.94M$9.21M$5.30M$12.05M$12.53M$11.31M$4.19M$37.58M$11.31M$12.18M$3.31M$14.32M$9.32M
Low Forecast$21.14M$13.38M$15.16M$11.29M$19.85M$12.52M$14.23M$10.55M$16.46M$12.38M$11.41M$10.32M$16.00M$11.75M$10.69M$9.75M$13.69M$11.22M$9.21M$3.53M$10.04M$12.47M$9.95M$2.79M$25.05M$11.31M$12.18M$2.21M$14.32M$9.32M
Surprise %--------------------1.52%1.95%1.33%7.57%0.30%1.09%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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts444433333333444694548454434354
Net Income--------------------$2.54M$11.99M$16.54M$5.12M$4.08M$-7.76M$-4.25M$-11.95M$13.38M$-8.38M
Avg Forecast$47.06M$28.14M$24.56M$21.06M$39.79M$23.34M$19.60M$17.02M$31.28M$17.61M$11.44M$12.24M$31.50M$16.95M$10.89M$10.59M$22.92M$12.23M$2.71M$-17.42M$2.70M$12.87M$8.55M$-13.77M$8.25M$1.43M$5.97M$-10.89M$3.55M$-7.28M
High Forecast$50.57M$30.24M$26.39M$22.63M$42.76M$25.08M$21.06M$18.28M$33.60M$18.92M$12.30M$13.16M$33.84M$18.21M$11.70M$16.16M$26.84M$13.14M$2.72M$-13.94M$4.31M$13.21M$9.19M$-11.02M$9.91M$1.43M$5.97M$-8.71M$3.55M$-7.28M
Low Forecast$42.80M$25.59M$22.33M$19.15M$36.19M$21.23M$17.82M$15.47M$28.44M$16.01M$10.41M$11.13M$28.64M$15.41M$9.90M$7.80M$19.57M$11.12M$2.71M$-20.91M$1.35M$12.52M$7.78M$-16.53M$6.60M$1.43M$5.97M$-13.06M$3.55M$-7.28M
Surprise %--------------------0.94%0.93%1.93%-0.37%0.49%-5.42%-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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts444433333333444694548454434354
SG&A--------------------$35.07M$36.36M$38.91M$34.23M$37.86M$32.91M$37.09M$30.18M$34.93M$28.38M
Avg Forecast$88.64M$56.09M$63.57M$47.32M$83.25M$52.50M$59.64M$44.24M$69.01M$51.92M$47.84M$43.29M$67.08M$49.26M$44.83M$40.54M$56.91M$45.16M$35.91M$38.64M$41.36M$48.75M$41.72M$30.54M$28.55M$32.97M$35.52M$24.14M$41.76M$27.18M
High Forecast$93.72M$59.30M$67.22M$50.03M$88.02M$55.51M$63.06M$46.77M$72.96M$54.90M$50.58M$45.77M$70.92M$52.08M$47.40M$42.37M$61.09M$46.55M$35.91M$46.36M$46.99M$48.85M$44.11M$36.65M$34.26M$32.97M$35.52M$28.97M$41.76M$27.18M
Low Forecast$82.46M$52.18M$59.14M$44.02M$77.44M$48.84M$55.48M$41.15M$64.19M$48.30M$44.50M$40.27M$62.40M$45.82M$41.70M$38.04M$53.41M$43.76M$35.91M$30.91M$39.16M$48.65M$38.81M$24.43M$22.84M$32.97M$35.52M$19.32M$41.76M$27.18M
Surprise %--------------------0.85%0.75%0.93%1.12%1.33%1.00%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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts444433333333444694548454434354
EPS--------------------$0.05$0.22$0.30$0.09$0.07$-0.14$-0.07$-0.20$0.23$-0.14
Avg Forecast$0.87$0.52$0.45$0.39$0.74$0.43$0.36$0.31$0.58$0.33$0.21$0.23$0.58$0.31$0.20$0.20$0.42$0.23$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$0.93$0.56$0.49$0.42$0.79$0.46$0.39$0.34$0.62$0.35$0.23$0.24$0.63$0.34$0.22$0.30$0.50$0.24$0.05$0.10$0.08$0.24$0.17$0.14$0.20$0.03$0.11$-0.05$0.07$-0.14
Low Forecast$0.79$0.47$0.41$0.35$0.67$0.39$0.33$0.29$0.53$0.30$0.19$0.21$0.53$0.28$0.18$0.14$0.36$0.21$0.05$0.10$0.02$0.23$0.14$0.12$0.17$0.03$0.11$-0.05$0.07$-0.14
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 $0.10 and a high estimate of $0.10. This represents a 109.75% increase compared to IMAX previous annual EPS of $0.05 (Dec 23).

IMAX Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PLAYDave & Buster's Entertainment$29.06$59.33104.16%Buy
RSVRReservoir Media$9.28$11.5023.92%Buy
MCSMarcus$21.73$26.0019.65%Buy
MSGSMadison Square Garden Sports$232.31$277.0019.24%Buy
WMGWarner Music Group$31.94$34.608.33%Buy
AMCXAMC Networks$9.74$10.002.67%Sell
IMAXIMAX$25.30$25.601.19%Buy
FWONAFormula One Group$85.52$83.00-2.95%Buy
LYVLive Nation Entertainment$137.86$131.20-4.83%Buy
FOXFox$46.47$42.00-9.62%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 $25.6 with a range of $23 to $30, implying a 1.19% from its last price of $25.3. 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 1.19% (from the last price of $25.3 to the average price target of $25.6), up by 18.58% based on the highest stock price target, and down by -9.09% based on the lowest stock price target.

Can IMAX stock reach $40?

IMAX's average twelve months analyst stock price target of $25.6 does not support the claim that IMAX can reach $40 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 $497.27M (high $525.75M, low $462.59M), average EBITDA is $61.44M (high $64.96M, low $57.15M), average net income is $99.76M (high $107.18M, low $90.71M), average SG&A $239.63M (high $253.35M, low $222.91M), and average EPS is $1.84 (high $1.98, low $1.68). IMAX's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $530.48M (high $560.86M, low $493.48M), average EBITDA is $65.54M (high $69.29M, low $60.97M), average net income is $120.83M (high $129.83M, low $109.87M), average SG&A $255.63M (high $270.27M, low $237.8M), and average EPS is $2.23 (high $2.4, low $2.03).

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 $37.29M by 35.16%. The company's net income was $59.17M, beating the average estimation of $10.34M by 472.20%. Apple's SG&A was $144.41M, missing the average forecast of $162.37M by -11.07%. 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 $10.6M by 52.39%. IMAX's net income was $2.54M, missing the average estimation of $2.7M by -5.75%. The company's SG&A was $35.07M, missing the average forecast of $41.36M by -15.20%. Lastly, the company's EPS was $0.0462, missing the average prediction of $0.0498 by -7.28%