Why IMAX Stock Soared on Monday

Imax shares hit an all-time high Monday, up nearly 6%, after box office momentum from Christopher Nolan’s “The Odyssey.” The company said the film is tracking almost double “Oppenheimer” (2023) and generated $221 million globally, about 25% of Universal’s total. CEO Rich Gelfond attributed results to a “flywheel” of theater expansion and recurring cash flow.

IMAX, JPMorgan Chase, and CSX shares hit 52-week highs after Wall Street price-target hikes and momentum from recent earnings. IMAX reported Q2 revenue of $102.8M (+12.2% YoY) and adjusted EPS $0.43 (+65%). JPM posted Q2 EPS $7.7 on $57.35B revenue. CSX Q2 revenue rose 10% to $3.94B and diluted EPS to $0.54.

AMC Entertainment Holdings Inc. shares rose about 8% on July 28, 2026 after the company reported Q2 2026 results. According to AMC, revenue was $1.60B vs $1.50B expected, with non-GAAP EPS of $0.14. Adjusted EBITDA was $321.4M and free cash flow $190.1M. Analysts at Wedbush and Benchmark raised price targets.

AMC Entertainment (NYSE:AMC) shares rose 10.57% to $2.51 after the company said “The Odyssey” generated record IMAX revenue in its first two weekends, including strong demand for IMAX 70mm. AMC reported Q2 revenue up 14% to $1.597B, despite a wider net loss. AMC is working with Universal and IMAX to add 70mm showtimes.

IMAX, JPMorgan Chase, and CSX shares hit 52-week highs after Wall Street price target hikes and momentum from recent earnings. IMAX reported Q2 revenue of $102.8M (+12.2% YoY) and adjusted EPS $0.43 (+65%). JPM posted EPS $7.7 on $57.35B revenue and CSX revenue $3.94B (+10%) with EPS $0.54 (+23%).

CNBC reports strong demand for IMAX 70 mm screenings of Universal’s “The Odyssey,” with IMAX CEO Richard Gelfond saying an average 70 mm-equipped screen made about $153,000 on opening weekend. EntTelligence cites a $27.77 ticket, 81% above average. IMAX lists 25 US and 16 international 70 mm theaters; LSEG says analysts’ avg price target implies ~12% upside.