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IMAX ( (IMAX) ) has issued an announcement.
On July 17, 2025, IMAX Corporation announced an amendment to the employment agreement of its CEO, Richard L. Gelfond, extending his term until December 31, 2028. The amendment outlines his compensation, including a base salary of $1.2 million, potential bonuses, and equity awards contingent on performance metrics. The agreement also details conditions for severance and equity vesting, ensuring continuity in leadership and aligning executive incentives with company performance goals.
The most recent analyst rating on (IMAX) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on IMAX stock, see the IMAX Stock Forecast page.
Spark’s Take on IMAX Stock
According to Spark, TipRanks’ AI Analyst, IMAX is a Outperform.
IMAX’s overall score reflects a strong earnings report and positive corporate actions, which are slightly offset by a high P/E ratio and neutral technical indicators. The company’s robust financial performance and strategic initiatives in expanding its market presence and enhancing shareholder value are key strengths.
To see Spark’s full report on IMAX stock, click here.
More about IMAX
IMAX Corporation operates in the entertainment industry, specializing in immersive motion picture technologies and experiences. The company is known for its large-format film presentations and advanced cinema technologies, catering to a global audience and enhancing the movie-going experience.
Average Trading Volume: 897,158
Technical Sentiment Signal: Buy
Current Market Cap: $1.5B
See more insights into IMAX stock on TipRanks’ Stock Analysis page.