Imax Corp (IMAX) Stock News

IMAX stock surged 4.33% on Monday after announcing that Christopher Nolan's 'The Odyssey' became the highest-grossing IMAX release of all time with $289 million in ticket sales. The film continues to sell out weeks in advance with nearly $40 million in presales, and IMAX expects this to be its best year ever at the global box office.

IMAX stock surged 6.60% as the company reported record-breaking performance driven by Christopher Nolan's 'The Odyssey,' which generated $221 million in IMAX ticket sales in July alone. The film achieved the fastest IMAX release to reach $200 million in ticket sales and propelled IMAX to its most successful month in history with $257 million in box-office revenue, 47% higher than the previous record. The company also announced an upcoming IMAX run for 'Spider-Man: Brand New Day' following strong openings in Asian markets.

IMAX stock continues to rise as Christopher Nolan's film 'The Odyssey,' shot entirely with IMAX cameras, becomes a global cultural phenomenon. The film achieved a record-breaking $52 million opening weekend followed by $48 million in its second weekend, with fans traveling across countries to experience it in IMAX 70mm format. Screenings are selling out around the clock, prompting IMAX to extend 70mm showings into mid-September.

Universal and IMAX have extended the availability of 70mm screenings of Christopher Nolan's retelling of Homer's epic into mid-September.

IMAX stock surged 11.88% after beating earnings expectations with adjusted earnings of $0.43 per share versus Wall Street's estimate of $0.27. The success of Christopher Nolan's 'The Odyssey,' the first full-length film shot entirely with IMAX cameras, which generated a record $52 million opening weekend, is driving momentum. The company installed 38 systems in Q2 (fastest pace in a decade) and has a backlog of 421 systems, with upcoming blockbusters like 'Dune: Part Three' expected to further accelerate growth.

Nolan's "The Odyssey" is racking up box office dollars for IMAX and fueling investor confidence that the company will reach a record ticket sales in 2026.

IMAX stock surged 15.47% this week following reports that the entertainment technology company is exploring a potential sale to a larger entertainment company. The jump reflects investor optimism about a possible acquisition, while IMAX continues to benefit from strong demand for its technology platform globally, with 14 'Filmed For IMAX' releases projected to generate $1.4 billion in box office receipts in 2026 and adjusted net income surging 58% in 2025.

Multiple major M&A transactions and bankruptcies dominated the deal landscape. NextEra Energy agreed to acquire Dominion Energy for $66.8 billion in an all-stock deal. Shein acquired Everlane for $100 million, while Authentic Brands Group bought Lee from Kontoor Brands. IMAX is exploring a potential sale. West Marine, Del Monte Foods, Warrior Technologies, and Bitcoin Depot filed for Chapter 11 bankruptcy. Other notable deals include Medtronic's acquisition of SPR Therapeutics for $650 million and KKR's sale of CIRCOR Aerospace to Parker Hannifin for $2.55 billion.

A source told CNBC that IMAX has held "preliminary talks" through intermediaries, but no official pitches have been made by the company.

IMAX has held "preliminary talks" through intermediaries, but no official pitches have been made directly by the company, a source told CNBC.

IMAX is reportedly exploring a potential sale, approaching entertainment firms about a transaction, though discussions remain early. The company's strong 2025 performance—including record global box office, 166 new theater signings, and expanding content beyond traditional Hollywood—makes it an attractive target. IMAX shares surged 12.16% in after-hours trading.