10:54 AM EDT, 10/24/2025 (MT Newswires) -- IMAX ( IMAX ) reported "outstanding" Q3 results thanks to box office share gains and more sales-type installations, Wedbush said in a report Friday.

"IMAX ( IMAX ) is now ahead of install guidance pace for the year with 9 new locations in the quarter," the report said.

The note also pointed to IMAX's ( IMAX ) expectations to hit the high end of its 2025 install guidance of 150 to 160, implying further push as exhibitors sought to get ahead of the strong holiday slate.

The report added that heavy Q4 marketing spend around major titles should limit Q4 margin upside, but it should benefit from spillover into Q1 of 2026.

Wedbush said IMAX ( IMAX ) remains on its Best Ideas List, expecting the company to benefit from an uptick in volume and quality of filmed-for-IMAX ( IMAX ) titles in 2026, among other factors.

"IMAX ( IMAX ) is poised to surpass peak EBITDA margins over the next year," it said. Wedbush reiterated its outperform rating on the stock and a $39 price target.

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