Imax (IMAX) news
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IMAX Corporation: Wedbush raises target price to $60 from $54
Wedbush Securities has raised its price target for IMAX Corporation (NYSE:IMAX) to $60 from $54, maintaining its Outperform rating as it anticipates continued growth driven by a stronger film pipeline , market share expansion, and global theater installations. The analysts highlighted that IMAX…
AInvest Wire · 20h agoSouthern Cross Electrical Engineering - Entire anticipated to generate EBIT of at least A$17 mln per annum
Southern Cross Electrical Engineering Limited (ASX:SXE) is projected to generate an EBIT of at least A$17 million annually, based on its recent financial performance and industry outlook. The company reported FY 2024 earnings with a net income of AU$21.9 million, representing a 9.0% increase…
AInvest Wire · 3d agoDisney has pitched Paramount and Universal on an IMAX big-screen rival, having held talks with other studios about using its new brand for large-screen movie format
Disney has introduced a new large-screen movie format called Infinity Vision, positioning it as a potential competitor to IMAX. The initiative involves technical specifications such as screens at least 50 feet wide, laser projection, and Dolby 7.1 surround sound, with an estimated 5,500 global…
AInvest Wire · 6d agoDisney pitches Paramount, Universal on IMAX big-screen rival - Bloomberg News
Disney is reportedly in discussions with Paramount and Universal to develop a new large-screen cinema format that could rival IMAX, according to Bloomberg News. The initiative is part of Disney's broader strategy to enhance the theatrical experience and maintain its competitive edge in the evolving…
AInvest Wire · 6d agoIMAX shares quickly fall 2.8%, erasing earlier gain
IMAX Corporation (IMAX) shares declined 2.8% as of October 8, 2026, wiping out earlier gains amid mixed analyst commentary and sector volatility. The stock closed at $52.72, reflecting a market capitalization of $2.82 billion . Despite strong performance over the past year—posting a 53.20% total…
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