B. Riley Initiates IMAX With Buy Rating, Sees Bloc…
From Financial Modeling Prep: 2025-05-16 16:35:00
B. Riley initiated coverage on IMAX Corporation (NYSE:IMAX) with a Buy rating and a $36 price target, citing strong momentum in global box office trends, system growth, and an improving content pipeline. The firm raised its 2025 and 2026 adjusted EBITDA forecasts, expecting operating leverage from higher volume to boost profitability.
Analysts see IMAX as a high-conviction opportunity due to a favorable film slate, including franchise blockbusters and “Filmed for IMAX” releases. They also noted growing contributions from local-language content and a large global total addressable market. IMAX is well-positioned to benefit from the industry-wide shift toward premium large-format experiences.
Read more at Financial Modeling Prep:: B. Riley Initiates IMAX With Buy Rating, Sees Bloc…