IMAX Corporation (IMAX)
NYSE: IMAX · IEX Real-Time Price · USD
17.74
+0.10 (0.57%)
At close: Jul 19, 2024, 4:00 PM
16.68
-1.06 (-5.98%)
Pre-market: Jul 22, 2024, 4:15 AM EDT
IMAX Corporation Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for IMAX Corporation stock have an average target of 22, with a low estimate of 13 and a high estimate of 30. The average target predicts an increase of 24.01% from the current stock price of 17.74.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for IMAX stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 9 | 9 | 9 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Reiterates $22 | Buy | Reiterates | $22 | +24.01% | Jul 18, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $22 → $23 | Strong Buy | Maintains | $22 → $23 | +29.65% | Jul 18, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $27 → $30 | Strong Buy | Maintains | $27 → $30 | +69.11% | Jul 8, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $22 | Strong Buy | Reiterates | $22 | +24.01% | Jun 20, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $25 | Strong Buy | Maintains | $25 | +40.92% | Jun 17, 2024 |
Financial Forecast
Revenue This Year
387.58M
from 374.84M
Increased by 3.40%
Revenue Next Year
388.11M
from 387.58M
Increased by 0.14%
EPS This Year
0.97
from 0.46
Increased by 110.97%
EPS Next Year
0.98
from 0.97
Increased by 0.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 414.9M | 451.7M | 471.1M |
| Avg | 388.1M | 424.2M | 440.8M |
| Low | 362.1M | 390.0M | 407.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.7% | 16.4% | 11.1% |
| Avg | 3.5% | 9.3% | 3.9% |
| Low | -3.4% | 0.5% | -3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.19 | 1.51 | 1.70 |
| Avg | 0.98 | 1.22 | 1.41 |
| Low | 0.76 | 1.01 | 1.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 157.9% | 54.9% | 39.0% |
| Avg | 112.2% | 25.3% | 15.6% |
| Low | 66.2% | 3.4% | -10.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.