StreetInsider.com News Articles

JPMorgan cuts 2026 box office forecast on slow third quarter

Fri, 10 Jul 2026 11:16:02 -0400

Investing.com -- JPMorgan reduced its 2026 North America box office forecast to $9.65 billion from $9.86 billion, citing underperformance of major releases and a slow start to the third quarter.

The investment bank lowered its estimates for Cinemark Holdings Inc. (NYSE:CNK) and IMAX Corp (NYSE:IMAX) ahead of their earnings reports. The changes reflect stronger second-quarter results offset by weaker third-quarter box office performance.

Second-quarter box office revenue reached $2.97 billion, up 12% year-over-year and above JPMorgan's estimate of $2.75 billion. The quarter marked the highest box office revenue achieved since the pandemic, driven by strong performances from Obsession and Backrooms.

The reduced full-year

JPMorgan cuts 2026 box office forecast on slow third quarter

Fri, 10 Jul 2026 11:16:02 -0400

Investing.com -- JPMorgan reduced its 2026 North America box office forecast to $9.65 billion from $9.86 billion, citing underperformance of major releases and a slow start to the third quarter.

The reduced full-year

IMAX Corporation (IMAX) PT Raised to $48 at B.Riley

Fri, 10 Jul 2026 08:50:12 -0400

B.Riley analyst Drew Crum raised the price target on IMAX Corporation (NYSE: IMAX) to $48.00 (from $46.00) while maintaining a Buy rating.

IMAX Corporation to Announce Second-Quarter 2026 Financial Results and Host Conference Call

Thu, 09 Jul 2026 16:05:00 -0400

NEW YORK--(BUSINESS WIRE)-- IMAX Corporation (NYSE: IMAX) today announced it will hold a conference call to discuss its second quarter 2026 financial results on Thursday, July 23rd at 8:30 a.m. Eastern Time.

This call is being webcast and can be accessed at https://www.imax.com/content/investor-relations.

To access the call via telephone, interested parties will need to pre-register by going to the following link: https://register-conf.media-server.com/register/BI3274f7133629408aacb9aff84db92ce1 where you will be provided with a dial-in number and unique pin. To avoid delays, we encourage participants to dial into the conference call ten minutes ahead of the

IMAX Corporation to Announce Second-Quarter 2026 Financial Results and Host Conference Call

Thu, 09 Jul 2026 16:05:00 -0400

This call is being webcast and can be accessed at https://www.imax.com/content/investor-relations.

IMAX Corporation to Announce Second-Quarter 2026 Financial Results and Host Conference Call

Thu, 09 Jul 2026 16:05:00 -0400

This call is being webcast and can be accessed at https://www.imax.com/content/investor-relations.

IMAX Corporation to Announce Second-Quarter 2026 Financial Results and Host Conference Call

Thu, 09 Jul 2026 16:05:00 -0400

This call is being webcast and can be accessed at https://www.imax.com/content/investor-relations.

IMAX Corporation (IMAX) PT Lowered to $40 at Goldman Sachs

Thu, 09 Jul 2026 06:14:25 -0400

Goldman Sachs analyst Michael Ng lowered the price target on IMAX Corporation (NYSE: IMAX) to $40.00 (from $41.00) while maintaining a Neutral rating.

The analyst comments "IMAX Corporation (IMAX, Neutral): We see downside to current consensus expectations heading into 2Q26 results on Revenue ($93M vs consensus of $100M) and Adjusted EBITDA ($39M vs $43M) driven by weaker IMAX Box Office excluding China booking fees ($281M vs $324M) against a relatively fixed cost structure. We expect IMAX to reiterate its outlook for ~$1.4B in IMAX Box (with 2Q's shortfall vs consensus being made up in 2H) and to signal that screens installs

IMAX Corporation (IMAX) PT Lowered to $40 at Goldman Sachs

Thu, 09 Jul 2026 06:14:25 -0400

Goldman Sachs analyst Michael Ng lowered the price target on IMAX Corporation (NYSE: IMAX) to $40.00 (from $41.00) while maintaining a Neutral rating.

IMAX Corporation (IMAX) PT Lowered to $40 at Goldman Sachs

Thu, 09 Jul 2026 06:14:25 -0400

Goldman Sachs analyst Michael Ng lowered the price target on IMAX Corporation (NYSE: IMAX) to $40.00 (from $41.00) while maintaining a Neutral rating.

IMAX Corporation (IMAX) PT Lowered to $40 at Goldman Sachs

Thu, 09 Jul 2026 06:14:25 -0400

Goldman Sachs analyst Michael Ng lowered the price target on IMAX Corporation (NYSE: IMAX) to $40.00 (from $41.00) while maintaining a Neutral rating.

IMAX Corporation (IMAX): Recent 18% Pullbacks an 'Attractive Buying Opportunity,' Says Benchmark

Wed, 08 Jul 2026 09:22:33 -0400

Benchmark analyst Mike Hickey reiterated a Buy rating and $60.00 price target on IMAX Corporation (NYSE: IMAX).

The analyst commented, "We view the recent ~18% pullback from IMAX's all-time high as an attractive buying opportunity. In our view, the decline has largely been driven by lower expectations for 2Q IMAX GBO and the unwinding of acquisition-related speculation rather than any deterioration in the company's long-term fundamentals. We believe investors have become overly focused on near-term quarterly box office variability while underappreciating what we view as one of the strongest secondhalf release slates in IMAX's history, led by The Odyssey and Dune:

Benchmark Reiterates Buy Rating on IMAX Corporation (IMAX), Highlights 'The Odyssey' Potential

Fri, 26 Jun 2026 09:29:50 -0400

Benchmark analyst Mike Hickey reiterated a Buy rating and $60.00 price target on IMAX Corporation (NYSE: IMAX).

The analyst commented, "Our 2Q26 estimates are unchanged, as a modest reduction to our GBO forecast is largely offset by stronger expected installation activity ahead of The Odyssey. Our estimates remain modestly below consensus. We continue to believe IMAX is a highly attractive strategic asset and would not be surprised to see the company ultimately receive an acquisition bid, though we do not believe management is actively pursuing a sale and instead remains focused on executing its standalone growth opportunity. We also believe investors

Hamilton ETFs Announces June 2026 Monthly, Quarterly & Upcoming Semi-Monthly Cash Distributions

Tue, 23 Jun 2026 17:00:00 -0400