12:34 PM EDT, 10/31/2024 (MT Newswires) -- Imax ( IMAX ) could significantly increase its market share in 2025 as three made-for-Imax ( IMAX ) titles this year expand to more than 14 in 2025, Wedbush Securities said in a note Thursday.

"While being cognizant that not all of these will be hits, citing the recent flop of Joker 2, the increased volume certainly provides Imax ( IMAX ) with an opportunity for more outperformance than in a typical year," the firm said.

Wedbush said that with the increased volume, Imax ( IMAX ) has a bigger chance of an Oppenheimer or Dune 2-like outperformance.

On the company's Q3 results, the firm said the adjusted earnings per share of $0.35 topped consensus, but the revenue of $91.5 million lagged market expectations.

Wedbush maintained the company's outperform rating and $26 price target.

Imax ( IMAX ) shares advanced more than 10% in recent trading.

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