11:13 AM EDT, 09/26/2024 (MT Newswires) -- Imax ( IMAX ) is set to see market share gains in Q4 and 2025 amid a rebounding box office, expanding filmed-for-Imax ( IMAX ) titles, and an increasing consumer preference for Imax ( IMAX ) screens, Wedbush Securities said in a note Thursday.

Wedbush said Imax ( IMAX ) continues to be on its Best Ideas List as the company diversifies its content to boost revenue, expands its global footprint, and is poised to exceed peak earnings before interest, taxes, depreciation, and amortization margins in the next three years.

Imax's ( IMAX ) StreamSmart technology is also seen to expand its total potential market, according to the note.

Wedbush retained its positive outlook on Imax ( IMAX ) for Q4, 2025, and 2026 but revised its Q3 estimate on box office figures. The investment firm said it now expects box office on Imax ( IMAX ) screens to drop 24% year over year given the "tough comparison" with last year's Oppenheimer film.

Wedbush reiterated its outperform rating and $26 price target on Imax ( IMAX ).

Imax ( IMAX ) shares were up more than 3% in recent trading.

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