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IMAXImax CorporationBuy Wait5.8·$39.25+0.72%
Buy WaitModerate Confidence
Investment thesis

Exceptional free cash flow conversion and strong analyst sentiment stand out in an otherwise challenged picture: two consecutive and sizable earnings misses, revenue contracting at roughly 6%, an 18% short float, and the stock trading just 30 basis points below its near-term resistance target leave almost no reward for the risk of a new position at the current price.

Thesis pillars

  • Exceptional Free Cashflow ConversionStable
  • Consecutive Large Earnings MissesImproving
  • Revenue Contracting Six PercentStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Imax Corporation (IMAX) Stock Analysis

Buy WaitVALUE-TRAP 1/5GrowthQualityShortModerate Confidence

Communication Services · Entertainment

Earnings in 3 days (2026-07-23). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Wait for pullback to $37.80. At $39.25 the A.R:R is 0.7:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $37.80 (1 ATR pullback) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Thin upside margin: 5.0%.

IMAX Corporation (the "Company" or "IMAX") is a Canadian corporation that was formed in March 1994 as a result of an amalgamation between WGIM Acquisition Corp. and the former IMAX Corporation ("Predecessor IMAX"). Predecessor IMAX was incorporated in 1967.

$39.25+5.0% A.UpsideScore 5.8/10#11 of 35 Entertainment
QualityF-score8 / 9FCF yield4.71%
Entry $37.80(1 ATR pullback)Stop $35.79Target $41.21(analyst − 13%)A.R:R 0.7:1
Analyst target$47.36+20.7%11 analysts
$41.21our TP
$39.25price
$47.36mean
$60

Wait for pullback to $37.80. At $39.25 the A.R:R is 0.7:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $37.80 (1 ATR pullback) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Thin upside margin: 5.0%. Chart setup: No clear chart pattern; technical signals are mixed. Earnings in 3 days. Wait until post-earnings. Score 5.8/10, moderate confidence.

Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 3d<=7d. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-20
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 23, 20263d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Thin upside margin: 5.0%

Key Metrics

P/E (TTM)58.6
P/E (Fwd)20.4
Mkt Cap$2.2B
EV/EBITDA18.5
Profit Mgn9.1%
ROE10.7%
Rev Growth-6.1%
Beta0.37
DividendNone
Rating analysts18

Quality Signals

Piotroski F8/9

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
1.1
Value Rank
2.3
Quality Rank
7.1
GatesA.R:R 0.7 < 1.5@spotEARNINGS PROXIMITY 3d<=7dMomentum 5.5>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
38 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $36.90Resistance $45.52

Price Targets

$36
$38
$41
A.Upside+5.0%
A.R:R0.7:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Earnings in 3 days - binary event risk
! asymmetry at 0.7 (below the engine's 1.5 threshold)@spot
! EARNINGS_PROXIMITY:3d<=7d

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-23 (3d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is IMAX stock a buy right now?

Wait for pullback to $37.80. At $39.25 the A.R:R is 0.7:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $37.80 (1 ATR pullback) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Thin upside margin: 5.0%. Chart setup: No clear chart pattern; technical signals are mixed. Earnings in 3 days. Wait until post-earnings. Target $41.21 (+5.0%), stop $35.79 (−9.7%), A.R:R 0.7:1. Score 5.8/10, moderate confidence.

What is the IMAX stock price target?

Take-profit target: $41.21 (+5.0% upside). Target $41.21 (+5.0%), stop $35.79 (−9.7%), A.R:R 0.7:1. Stop-loss: $35.79.

What are the risks of investing in IMAX?

Thin upside margin: 5.0%.

Is IMAX overvalued or undervalued?

Imax Corporation trades at a P/E of 58.6 (forward 20.4). TrendMatrix value score: 5.6/10. Verdict: Buy (Wait for Entry).

What do analysts say about IMAX?

18 analysts cover IMAX with a consensus score of 4.1/5. Average price target: $47.

What does Imax Corporation do?IMAX Corporation (the "Company" or "IMAX") is a Canadian corporation that was formed in March 1994 as a result of an...

IMAX Corporation (the "Company" or "IMAX") is a Canadian corporation that was formed in March 1994 as a result of an amalgamation between WGIM Acquisition Corp. and the former IMAX Corporation ("Predecessor IMAX"). Predecessor IMAX was incorporated in 1967.

Related stocks: CNK (Cinemark Holdings Inc Cinemark ) · ANGX (Angel Studios, Inc.) · NWSA (News Corporation) · SPHR (Sphere Entertainment Co.) · NWS (News Corporation)
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