IMAX Corporation (IMAX)
Market Cap | 1.04B |
Revenue (ttm) | 351.73M |
Net Income (ttm) | 4.47M |
Shares Out | 54.62M |
EPS (ttm) | 0.07 |
PE Ratio | 272.29 |
Forward PE | 22.18 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 304,604 |
Open | 19.56 |
Previous Close | 19.47 |
Day's Range | 19.06 - 19.62 |
52-Week Range | 12.13 - 21.82 |
Beta | 1.36 |
Analysts | Buy |
Price Target | 23.50 (+23.3%) |
Earnings Date | Oct 30, 2023 |
About IMAX
IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates through three segments: IMAX Technology Network; IMAX Technology Sales and Maintenance; and Film Distribution and Post-Production. 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 S... [Read more]
Financial Performance
In 2022, IMAX's revenue was $300.81 million, an increase of 18.02% compared to the previous year's $254.88 million. Losses were -$22.80 million, 2.11% more than in 2021.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for IMAX stock is "Buy." The 12-month stock price forecast is $23.5, which is an increase of 23.30% from the latest price.
News

IMAX® MAKES AWARD-WINNING DEBUT AT IBC 2023
First-Time Participation in the Event Highlighted by Two Best of Show Awards TORONTO , Sept. 22, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) made an award-winning debut at the 2023 Internation...

IMAX® and Prime Focus Technologies (PFT) expand strategic relationship into the streaming ecosystem
PFT to help extend access to IMAX Stream Smart™ Image Optimization Technology across Europe, Asia, and Australia AMSTERDAM , Sept. 13, 2023 /PRNewswire/ -- Entertainment technology industry leader...

Talking Heads' "Stop Making Sense" World Premiere at TIFF Becomes Highest Grossing IMAX Live Event Ever
A24's Complete 4K Restoration of Jonathan Demme's Legendary 1984 Concert Film and Exclusive Q&A with Original Band Members Streamed Live to 165 IMAX Locations TORONTO , Sept. 12, 2023 /PRNewswire/ -- ...

IMAX® BRINGS CUTTING-EDGE STREAM SMART™ TECHNOLOGY TO IBC
The First-Ever IBC Showcase Of IMAX's Groundbreaking Streaming and Consumer Technology in Amsterdam AMSTERDAM , Sept. 12, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX), an industry leader in ente...
IMAX CEO: People want to 'see premium experiences'
The box office saw record numbers this summer with the releases of Barbie and Oppenheimer, and now Taylor Swift's concert film is selling out movie theaters ahead of its release in October. IMAX CEO R...

Imax CEO Grills Goldman Sachs Analyst Over ‘Sell' Rating On Stock – “What Do We Have To Do?”
Imax CEO Rich Gelfond turned a media conference Q&A back on the host today, grilling a Goldman Sachs analyst about the firm's two-year ‘sell' rating on the stock when, he said, much of the Street has ...

Taylor Swift's Eras Tour concert movie could make $100 million in its first weekend
Demand is so big for Taylor Swift's Eras Tour concert movie that it could pull in an opening weekend haul that rivals Hollywood blockbusters.

Impressive Chinese Debut Pushes "Oppenheimer" Past $170 Million in IMAX Global Box Office
IMAX® Reaps Massive 30% Share of Opening Weekend Box Office in China for Christopher Nolan Masterpiece on Only 721 Screens NEW YORK , Sept. 5, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today ...
IMAX CEO on 'Taylor Swift: The Eras Tour' hitting the big screen
Richard Gelfond, IMAX CEO, joins 'Squawk on the Street' to discuss Gelfond's demand expectations for Taylor Swift's tour in theaters, the decision to air the concert in theater instead of streaming, a...

Think Pink! Tickets Go On Sale Today for “Barbie” as the Year's #1 Film Heads to IMAX® for 7 Days Only
BURBANK, Calif.--(BUSINESS WIRE)--THINK PINK! TICKETS GO ON SALE TODAY FOR “BARBIE” AS THE YEAR'S #1 FILM HEADS TO IMAX® FOR 7 DAYS ONLY.

'Oppenheimer' Should Leave IMAX Glowing for a While
IMAX looks relatively well-shielded from Hollywood's troubles.

IMAX TO PRESENT AT THE 2023 BANK OF AMERICA MEDIA, COMMUNICATIONS & ENTERTAINMENT CONFERENCE
NEW YORK , Aug. 30, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the 2023 Bank of America Media, Communications & Entertainment Conference. E...

The Biggest Movie of the Summer Hits the Biggest Screens as Greta Gerwig's Blockbuster “Barbie” Comes to IMAX® for Special One-Week Super Fan Screening Engagement Beginning September 22
BURBANK, Calif.--(BUSINESS WIRE)--BIGGEST MOVIE OF SUMMER HITS BIGGEST SCREENS: GRETA GERWIG'S BLOCKBUSTER “BARBIE” ON IMAX® FOR SPECIAL 1-WEEK SUPER FAN ENGAGEMENT BEGINNING SEPT. 22.

IMAX TO PRESENT AT THE GOLDMAN SACHS COMMUNACOPIA + TECHNOLOGY CONFERENCE
NEW YORK , Aug. 23, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the 2023 Goldman Sachs Communacopia + Technology Conference. Event: Goldman ...

IMAX boss basks in ‘Oppenheimer' afterglow as Hollywood strike clouds future
Richard Gelfond has helmed IMAX for nearly three decades — navigating the company through the pandemic as well as the increasing popularity of watching movies from home rather than on a big screen.

Imax enjoyed best ever July box office, boosted by ‘Oppenheimer'
Imax Corp. IMAX, -0.05% enjoyed its best ever July at the box office, boosted by the success of summer blockbuster “Oppenheimer,” the company announced Wednesday. The high-end movie-theater operator d...

IMAX Delivers Best Month of July Ever at the Global Box Office with $176.2 Million
Extraordinary Performance of Christopher Nolan's "Oppenheimer" and Strong China Box Office Help IMAX Break Previous Record by More Than $50 Million NEW YORK , Aug. 2, 2023 /PRNewswire/ -- IMAX Corpora...

‘Barbie' bonanza continues at box office, ‘Oppenheimer' holds on to No. 2 spot
Seven days after Greta Gerwig's “Barbie” and Christopher Nolan's “Oppenheimer” conspired to set box office records, the two films held unusually strongly in theaters. “Barbie” took in a massive $93 mi...
'Oppenheimer' debut made for biggest July in IMAX's history, CEO says
The "Barbie" movie and Christopher Nolan's "Oppenheimer" have taken movie theaters by storm this summer, with the latter being shown on IMAX screens. IMAX CEO Richard Gelfond spoke with Yahoo Finance ...

Imax shares rally after earnings beat, with more gains from ‘Oppenheimer' still to come
Shares of Imax Corp. rallied after hours on Wednesday after the high-end movie-theater operator reported second-quarter results that beat estimates — helped by titles like “Super Mario Bros.” — with m...

Imax CEO Says Weekend Box Office Shows “Paradigm Shift” In Moviegoing: Revenue Jumps, Company Swings To Profit In Q2
Imax blew past Wall Street forecasts with sales up 32% at $98 million for the second quarter ended in June. Adjusted EPS was 26 cents a share – up 271%. The company swung to a net profit of $8.35 mill...

IMAX CORPORATION REPORTS Q2 2023 RESULTS
Global entertainment technology platform delivers strong Q2 year-over-year growth across all key metrics, including Revenue (+32%), Gross Margin (+31%) and Adjusted EBITDA (+29%)(1) Systems signings c...

IMAX® AND CINEPLEX EXPAND LONG-TERM PARTNERSHIP WITH ADDITIONAL IMAX LOCATIONS ACROSS CANADA
Five New Locations Added and Agreement Extended through 2028 as Canada's Largest Exhibitor Reaffirms its Partnership with IMAX® TORONTO , July 25, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) a...
Consumers won't cut out going to theaters even if US ends up in recession, says IMAX CEO
Rich Gelfond, IMAX CEO, joins 'Squawk on the Street' to discuss why 'Barbenheimer' was a unique deal for IMAX, why the company's market share has risen, and the paradigm shift Gelfond has noticed.

Massive Box Office Weekend Sets Records For AMC Entertainment, Imax
AMC Entertainment set a new post-Covid record for global admissions revenue this past weekend with Barbie and Oppenheimer leading a charge that drew 7.8 million moviegoers to theaters. Warner Bros/Mat...