Should You Buy Imax Corp (IMAX) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/29
IMAX is NOT a good buy right now for a beginner long-term investor who wants to act immediately, because the near-term setup is weak (bearish momentum + heavy bearish options sentiment + rising insider selling). The long-term story and analyst outlook look strong, so it becomes more attractive after the price stabilizes back above ~35.9 (pivot) or after the 2026-02-24 earnings catalyst confirms the growth trajectory.
Technical Analysis
Price/Trend: IMAX closed at 34.18 (below the pivot 35.912), indicating the stock is trading under a key decision level and is currently in a soft/downward phase.
Momentum: MACD histogram is -0.122 and negatively expanding, which signals bearish momentum is still building rather than fading.
RSI: RSI_6 at 33.755 is approaching oversold territory, suggesting a bounce is possible, but it’s not yet a confirmed reversal signal.
Moving averages: Converging moving averages typically imply consolidation; given the negative MACD and price under pivot, this consolidation is currently biased bearish.
Levels to watch: Immediate support S1=34.507 is essentially being tested (price is below it), with the next support at S2=33.638. Resistance is the pivot 35.912, then R1=37.318.
Pattern-based forward bias (provided): indicates ~-10.67% over the next month, reinforcing caution on buying immediately.
Analyst Ratings and Price Target Trends
Recent trend: Analyst sentiment has strengthened materially in December 2025 with multiple firms raising price targets and reiterating/upgrading to bullish ratings (Buy/Outperform/Overweight). Notable moves include JPMorgan upgrading to Overweight with PT $47 (from $32) and Wells Fargo raising PT to $47 (from $40), alongside broad PT increases to ~$42–$47 range from Benchmark, Barrington, B. Riley, Roth, Wedbush, Rosenblatt, Texas Capital, and Seaport.
Wall Street pros: Multi-year growth outlook, premium/event-driven cinema tailwinds, expanding screen base targets, strong slate visibility through 2028, and potential margin expansion.
Wall Street cons (implied by current tape vs targets): Despite bullish targets, the stock is currently trading with weak near-term momentum and bearish derivatives positioning—suggesting the market is not yet willing to price in the full long-term upside today.
Influential/political trading: No recent Congress trading data available; hedge funds are described as Neutral.
Wall Street analysts forecast IMAX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IMAX is 44 USD with a low forecast of 34 USD and a high forecast of 47 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast IMAX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IMAX is 44 USD with a low forecast of 34 USD and a high forecast of 47 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 34.370
Current: 34.370
