IMAX Corporation (IMAX)

IMAX's stock price has been positively influenced over the past six months. The company reported a record global box office of $1.28 billion in 2025, surpassing its previous record by 13% and growing 40% year-over-year. In December 2025, IMAX achieved its biggest opening weekend of the year with "Avatar: Fire and Ash," grossing $43.6 million globally. Other notable events include a record $40.8 million Thanksgiving weekend at the global box office in December 2025. In November 2025, IMAX announced the closing of a $250 million convertible senior notes offering and hosted an Investor Day in December 2025. Analyst ratings have been generally positive, with a consensus of "Strong Buy". The stock price as of January 9, 2026, was $34.15, representing a 48.03% increase from January 10, 2025.

Demand for IMAX Corp.'s theatrical experiences exhibits seasonality, with strong demand during summer blockbusters, as well as winter and holiday releases. This seasonality can make sales somewhat unpredictable, as they are subject to varying consumer interests. IMAX faces competition for consumer leisure time and disposable income from other forms of entertainment. Despite the rise of in-home streaming services, there is a sustained demand for blockbusters and differentiated premium experiences, which IMAX aims to provide.

IMAX Corporation is a Canadian entertainment technology company specializing in IMAX cameras and projection systems. It is involved in film development, production, post-production, and distribution to affiliated theaters globally, operating within the motion picture production and exhibition industry. IMAX provides end-to-end immersive content solutions through proprietary software, auditorium architecture, patented intellectual property, and specialized equipment. Its offerings include IMAX theater projection system equipment, cameras, sound systems, projectors, specialty screens, and 3D glasses. The company's Digital Re-Mastering (DMR) technology enhances image resolution, visual clarity, and sound quality for IMAX theaters. IMAX also distributes large-format documentary films and exclusive experiences and acquired Ssimwave in September 2022.

IMAX Corp. has a global presence with operations in New York City, Los Angeles, and headquarters in Mississauga, Ontario, Canada. As of September 30, 2025, it operated 1,829 IMAX systems in 89 countries and territories, including 1,759 commercial multiplexes. The company has a significant business presence across the Americas, Western Europe, and Asia-Pacific, strategically targeting emerging markets. In 2025, IMAX achieved its highest-grossing year ever in North America, China, and other international markets, with record box office performance in 35 countries and territories worldwide.

IMAX maintains a strong brand reputation synonymous with premium cinema experiences and technological leadership. Continuous investment in cutting-edge technology enhances the viewing experience and differentiates it from traditional cinemas. Strong partnerships with major film studios ensure a steady pipeline of blockbuster films designed for the IMAX format. IMAX's record-breaking global box office performance in 2025 positively impacted its reputation, demonstrating that audiences, filmmakers, and studios worldwide are increasingly gravitating towards the IMAX Experience. Diversifying its content portfolio has also contributed to its positive standing and demand.

IMAX Corporation's ownership is predominantly institutional, with institutional investors and hedge funds holding approximately 93.51% of the shares. Major institutional owners include Orbis Allan Gray Ltd, Macquarie Group Ltd, Fmr Llc, BlackRock, Inc., and Citadel Advisors Llc. Individual investors hold approximately 3.76% of the total shares outstanding. Kevin Douglas is noted as an owner with 14.67% of the company.