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Local-Language Hits Are Driving IMAX Profits: Analysts
IMAXIMAX(US:IMAX) Yahoo Finance·2025-09-23 01:44

IMAX Corp. (NYSE:IMAX) is riding a wave of box office strength and global expansion, with third-quarter receipts running ahead of forecasts and profitability climbing as higher-margin local-language hits and blockbuster IMAX-filmed releases fuel momentum. Wedbush analysts, led by Alicia Reese, reiterated an Outperform rating and raised the 12-month price forecast to 39from39 from 35, citing higher filmed-for-IMAX output, local-language box office strength, and an expanding global footprint. The new forecast v ...