IMAX Corporation (IMAX)

NYSE: IMAX · IEX Real-Time Price · USD
15.71
-0.79 (-4.79%)
At close: Mar 18, 2024, 4:00 PM
16.06
+0.35 (2.23%)
After-hours: Mar 18, 2024, 7:08 PM EDT
-4.79%
Market Cap 873.70M
Revenue (ttm) 374.84M
Net Income (ttm) 25.34M
Shares Out 52.95M
EPS (ttm) 0.46
PE Ratio 34.15
Forward PE 16.57
Dividend n/a
Ex-Dividend Date n/a
Volume 1,135,772
Open 16.35
Previous Close 16.50
Day's Range 15.57 - 16.39
52-Week Range 13.20 - 21.82
Beta 1.25
Analysts Buy
Price Target 21.67 (+37.94%)
Earnings Date Apr 25, 2024

About IMAX

IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media an... [Read more]

Industry Entertainment
IPO Date Jun 9, 1994
Employees 669
Stock Exchange NYSE
Ticker Symbol IMAX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for IMAX stock is "Buy." The 12-month stock price forecast is $21.67, which is an increase of 37.94% from the latest price.

Price Target
$21.67
(37.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

“Dune: Part 2” Sets New Record for IMAX

IMAX (IMAX) sets new record for global market share with “Dune: Part 2.” George Tsilis discusses this as IMAX saw 22% of “Dune: Part 2” total global box office from 1,600 IMAX locations.

7 days ago - Schwab Network

IMAX To Present At The 36th Annual ROTH Conference

NEW YORK , March 5, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the 36th Annual ROTH Conference. Event: 36th Annual ROTH Conference Location...

13 days ago - PRNewsWire

How Hollywood strikes could test box office forecasts: IMAX CEO

According to Comscore, Dune: Part Two recorded the best opening weekend for 2024, with $81.5 million in domestic ticket sales. However, strikes could continue to be a threat as IATSE, Teamsters Local ...

14 days ago - Yahoo Finance

What Makes IMAX So Different From Other Movie Formats? | WSJ Tech Behind

IMAX is playing an increasingly large role in the film industry with the success of major movie releases like Christopher Nolan's “Oppenheimer.” Behind the giant screens, high color detail and custom ...

18 days ago - Wall Street Journal

Imax Q4 Revenue Dips, CEO Touts Strong Full-Year 2023 At North American Box Office, Growing Global Footprint

Imax saw sales dip in the fourth quarter to $86 million from $48 million, in line with Wall Street forecasts, as the company focused on the full year and its accelerated global expansion. The stock in...

20 days ago - Deadline

IMAX CORPORATION REPORTS Q4 AND FULL-YEAR 2023 RESULTS

Global entertainment technology platform delivers over 25% YoY growth in FY23 across Revenue, Net Income, Adjusted EBITDA(1) and Adjusted EPS(1)(2) Full-Year GAAP EPS of $0.46, up from a loss of ($0.4...

20 days ago - PRNewsWire

IMAX To Present at The Morgan Stanley Technology, Media, & Telecom Conference

NEW YORK , Feb. 20, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the Morgan Stanley Technology, Media & Telecom Conference. Event: Morgan Sta...

27 days ago - PRNewsWire

IMAX Corporation to Announce Fourth-Quarter and Full-Year 2023 Financial Results and Host Conference Call

NEW YORK , Feb. 6, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced it will hold a conference call to discuss its fourth quarter and full-year 2023 financial results on Tuesday, Febr...

5 weeks ago - PRNewsWire

Imax, Cinemark shares could offer upside in 2024 despite challenges for movie theaters, Macquarie says

Movie-theater stocks may be facing a tough first-quarter domestic box office, but they could be set for upside later this year, according to Macquarie Equity Research.

Other symbols: CNK
7 weeks ago - Market Watch

IMAX Names Anne Globe as Chief Marketing Officer

Former CMO of Skydance Media, Dreamworks Animation to Lead Brand, Film Marketing, Creative, and Social Media Worldwide for Entertainment Technology Platform PLAYA VISTA, Calif. , Jan. 16, 2024 /PRNews...

2 months ago - PRNewsWire

IMAX and Hyperobject Industries Join Forces to Head Into the Eye of the Storm with New Feature Documentary, "Stormbound"

Produced by Oscar®-Winning Filmmaker Adam McKay and Directed by Miko Lim, the New Film Explores the Remarkable World of Storm Chasing, Filmed with IMAX®  Film and IMAX®-Certified Digital Cameras NEW Y...

2 months ago - PRNewsWire

IMAX Soars to Banner Year in 2023 with $1.06 Billion in Global Box Office

Historic Results Led by Company's Highest Grossing Year Ever at the Domestic Box Office with $393 Million NEW YORK , Jan. 9, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) soared to $1.06 billion ...

2 months ago - PRNewsWire

IMAX saw 'tremendous growth' in 'local language films' this year, says CEO Richard Gelfond

Richard Gelfond, IMAX CEO, joins 'Closing Bell Overtime' to discuss a possible Warner Bros. Discovery and Paramount merger and what it might mean for his company.

3 months ago - CNBC Television

IMAX and Pathé Live Announce The Global Release of "QUEEN ROCK MONTREAL" Exclusively In IMAX Theatres For A Limited Engagement Beginning January 18

Watch the Trailer Download Key Art TICKETS ON SALE NOW LOS ANGELES , Nov. 29, 2023 /PRNewswire/ -- IMAX (NYSE: IMAX) and Pathé Live in partnership with Mercury Studios and Queen Films announced today ...

3 months ago - PRNewsWire

PATHE CINEMAS and IMAX® Expand Strategic Partnership with Agreement Spanning Five New IMAX Systems and Content Slate

Landmark Deal Includes Three-Picture Slate Agreement with PATHE LIVE NEW YORK and PARIS , Nov. 27, 2023 /PRNewswire/ -- PATHE CINEMAS, leading exhibitor in Continental Europe, and IMAX Corporation (NY...

4 months ago - PRNewsWire

IMAX TO PRESENT AT THE 7TH ANNUAL WELLS FARGO TMT SUMMIT

NEW YORK , Nov. 16, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the 7th Annual Wells Fargo TMT Summit. Event: Wells Fargo TMT Summit Locatio...

4 months ago - PRNewsWire

EVT and IMAX® Expand Partnership with Five New IMAX Locations in Australia and Germany

NEW YORK and SYDNEY , Nov. 2, 2023 /PRNewswire/ -- EVT (ASX: EVT) and IMAX Corporation (NYSE: IMAX) today announced an agreement for five new state-of-the-art IMAX® with Laser systems across Australia...

4 months ago - PRNewsWire

Imax CEO Says “I Will Feel A Lot Better” If Strike Settles By Thanksgiving, But It Only Needs One Film At A Time

Imax CEO Rich Gelfond predicts the long SAG-AFTRA strike will settle relatively soon. If, instead, it drags on, theater chains will face a rocky second half of 2024 but he sees the large-format exhibi...

5 months ago - Deadline

IMAX CEO: 'Oppenheimer' certainly helped the quarter

Rich Gelfond, IMAX CEO, joins 'Squawk on the Street' to discuss how much of IMAX's revenue beat was due to Oppenheimer, the slate of movies scheduled to release, and much more.

5 months ago - CNBC Television

'Oppenheimer' helps IMAX swing to a profit in the third quarter

IMAX had its second highest-grossing quarter, spurred in part by major films like "Oppenheimer" and "Mission: Impossible."

5 months ago - CNBC

Imax Sees Quarterly Revenue Surge 51% Led By ‘Oppenheimer'

Imax swung to a profit and saw revenue revenue surge in the Septembers quarter, buoyed by Oppenheimer and other content from Hollywood to local language films, concert films, docs and live events.

5 months ago - Deadline

IMAX shares rise premarket on 3Q top and bottom line beat

Imax Corp. IMAX reported third-quarter results that beat analysts' top and bottom line estimates Wednesday, boosted by Hollywood blockbusters and strength in China, Europe and Southeast Asia. The high...

5 months ago - Market Watch

IMAX CORPORATION REPORTS RECORD Q3 2023 RESULTS

Global entertainment technology platform delivers strong Q3 year-over-year growth across all key financial metrics, including Revenue (+51%), Gross Margin (+98%) and Adjusted EBITDA (+174%)(1) Network...

5 months ago - PRNewsWire

IMAX® and Hengdian Films Strike Biggest IMAX Deal in Four Years For Twenty New Locations in China

Expanded Partnership Sees Hengdian Bring IMAX to Several New Markets in China NEW YORK and SHANGHAI , Oct. 19, 2023 /PRNewswire/ -- Hengdian Films and IMAX Corporation (NYSE: IMAX), IMAX China (HKSE:1...

5 months ago - PRNewsWire

IMAX® and GSC Expand Partnership with Six IMAX Locations in Malaysia

Malaysia Surges to Become Number-One International Growth Market for IMAX in 2023, with 13 Signings for IMAX Systems Year-to-Date KUALA LUMPUR, Malaysia and NEW YORK , Oct. 17, 2023 /PRNewswire/ -- Go...

5 months ago - PRNewsWire