Wedbush lifts IMAX PT on strong box office, global growth

IMAX

22/09/2025 14:40

** Wedbush raises cinema operator IMAX IMAX.N PT to $39 from $35, reiterates rating at "outperform"

** New PT reflects a premium of 22% from the stock's last close

** Brokerage says co is gaining global market share on the back of a strong lineup of IMAX-formatted movies, global footprint expansion and rising demand for local-language content

** Co has room to grow globally, with less than 40% market penetration and strong performance in regions like Japan, South Korea, and the Middle East where screens earn over 20% more on average, says Wedbush

** Ten of twelve brokerages rate the stock "buy" or higher, one "hold" and one "sell"; their median PT is $36- data compiled by LSEG

** Including session moves, shares up 25.1% YTD

 (Reporting by Apratim Sarkar)

 ((Apratim.Sarkar@thomsonreuters.com))