Mike Hickey, an analyst from Benchmark Co., reiterated the Buy rating on IMAX. The associated price target was raised to $32.00.
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Mike Hickey has given his Buy rating due to a combination of factors that highlight IMAX’s strong performance and strategic positioning in the market. The company reported impressive Q2 2025 results, surpassing consensus expectations with significant revenue and adjusted EBITDA growth. IMAX achieved a record North American box office performance and substantial global box office growth, increasing its market share significantly.
IMAX’s investment appeal is further strengthened by its strategic advantages, including a unique global network, proprietary technology, and strong relationships with filmmakers. The company’s growth prospects are bolstered by a robust upcoming film slate and expanding international installations. Additionally, IMAX’s competitive positioning as a leader in the premium format category, along with its ability to mitigate competition through technology and content exclusivity, supports its long-term growth potential. These factors collectively justify the Buy rating and the raised price target of $32.
Hickey covers the Communication Services sector, focusing on stocks such as IMAX, Electronic Arts, and Take-Two. According to TipRanks, Hickey has an average return of 6.1% and a 62.63% success rate on recommended stocks.
In another report released today, Rosenblatt Securities also maintained a Buy rating on the stock with a $37.00 price target.