Latest news with #EricHandler
Business Insider
a day ago
- Business
- Business Insider
IMAX Earns 5 Buy Ratings as Analysts Back $1.2 Billion Forecast
IMAX (IMAX) is riding a wave of momentum in the premium cinema space, with fresh analyst confidence and solid growth indicators pointing toward a strong finish to 2025 and an even more promising 2026. The company is forecasting $1.2 billion in global box office revenue this year, up 33% from 2024, which would mark the highest annual haul in its 55-year history. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The drivers behind IMAX's momentum surge consist of a mix of premium content partnerships, expanding market share, and a shift in consumer behavior toward immersive experiences. IMAX screens accounted for over 20% of global ticket sales for Apple's (AAPL) 'F1: The Movie,' which grossed nearly $300 million in its first 10 days. In the U.S. and Canada, IMAX theaters delivered 25% of the total domestic box office for the film, even though IMAX makes up less than 1% of screens globally. Shares closed at $26.93, up nearly 60% over the past 12 months. The stock remains just shy of its $29.66 high, suggesting room for additional upside if the momentum continues. IMAX also has plans to grow its footprint, with 1,700 screens in operation and contracts in place for 500 more. Wall Street Doesn't Ignore IMAX's Success The company's strong showing hasn't been limited to one title. Warner Bros. (WBD) 'Sinners' and Paramount's (PARA) 'Mission: Impossible – The Final Reckoning' also posted similar screen share wins for IMAX this year. Wall Street isn't ignoring this trend, either. Over the past week, five analysts reiterated Buy ratings on IMAX, with price targets ranging from $30 to $36. Five-star analyst Eric Handler of Roth MKM set the high end at $36, suggesting 33.7% upside from current levels. Another five-star analyst, Alicia Reese of Wedbush, bumped her target from $32 to $34, citing strength in IMAX's filmed-for-IMAX slate and upcoming releases. Omar Mejias at Wells Fargo maintained his Buy rating with a $30 target, pointing to solid market share gains and a strong Q4 pipeline. There is a note of caution, though. Insider sentiment has turned negative, with CEO Richard Gelfond selling $2.71 million worth of shares in May. Still, with strong demand, solid film performance, and analyst support, IMAX is drawing attention as a premium play in the theatrical comeback story. Is IMAX a good stock to buy? The bullish sentiment remains when we examine IMAX's analysts' forecast, with a Strong Buy consensus rating. The average IMAX stock price target is $32.60, implying a 21.05% upside.
Yahoo
2 days ago
- Business
- Yahoo
Roth Capital Remains Bullish on DoubleDown Interactive (DDI)
DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) is one of the best cheap stocks with huge upside potential. On July 8, Roth Capital analyst Eric Handler stated that the $65M acquisition of WHOW Games undertaken by DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) on the same day is a strategic and positive move. A student enthusiastically playing the DoubleDown Classic on their laptop in a library. According to him, WHOW Games presents DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) with a path to raise profits and reverse recent revenue declines. The analyst further stated that the German-based social casino developer has a strong Western European footprint and creates geographic diversity while also providing opportunities for enhanced marketing and operational synergies. The firm added that plenty of dry powder remains for additional M&A and/or capital returns, maintaining a Buy rating on DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) with a price target of $16. DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) is involved in the gaming entertainment business and operates through the Gaming and iGaming business divisions. The Gaming business division undertakes the development and publishing of social casinos and casual games, while the iGaming business division manages the development and operation of license-based online casinos. While we acknowledge the potential of DDI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
5 days ago
- Business
- Business Insider
Roth MKM Sticks to Their Hold Rating for Mattel (MAT)
Roth MKM analyst Eric Handler maintained a Hold rating on Mattel today and set a price target of $22.00. The company's shares closed yesterday at $20.22. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Handler covers the Communication Services sector, focusing on stocks such as Cinemark Holdings, Electronic Arts, and IMAX. According to TipRanks, Handler has an average return of 13.2% and a 63.69% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mattel with a $23.56 average price target.
Business Insider
7 days ago
- Business
- Business Insider
Roth MKM Sticks to Their Buy Rating for IMAX (IMAX)
Roth MKM analyst Eric Handler reiterated a Buy rating on IMAX yesterday and set a price target of $36.00. The company's shares closed yesterday at $26.90. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Handler is a 5-star analyst with an average return of 13.7% and a 65.38% success rate. Handler covers the Communication Services sector, focusing on stocks such as Cinemark Holdings, Electronic Arts, and IMAX. IMAX has an analyst consensus of Strong Buy, with a price target consensus of $32.56, implying a 21.04% upside from current levels. In a report released on June 30, Benchmark Co. also reiterated a Buy rating on the stock with a $30.00 price target. Based on IMAX's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $86.67 million and a net profit of $2.33 million. In comparison, last year the company earned a revenue of $79.12 million and had a net profit of $3.27 million Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IMAX in relation to earlier this year. Most recently, in May 2025, Richard Gelfond, the CEO of IMAX sold 100,000.00 shares for a total of $2,711,000.00.
Business Insider
7 days ago
- Business
- Business Insider
Roth MKM Reaffirms Their Buy Rating on Cinemark Holdings (CNK)
Roth MKM analyst Eric Handler maintained a Buy rating on Cinemark Holdings today and set a price target of $35.00. The company's shares closed yesterday at $30.64. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Handler covers the Communication Services sector, focusing on stocks such as Cinemark Holdings, Electronic Arts, and IMAX. According to TipRanks, Handler has an average return of 13.7% and a 65.38% success rate on recommended stocks. Cinemark Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $33.44, implying a 9.14% upside from current levels. In a report released on July 2, Benchmark Co. also reiterated a Buy rating on the stock with a $35.00 price target. Based on Cinemark Holdings' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $540.7 million and a GAAP net loss of $38.9 million. In comparison, last year the company earned a revenue of $579.2 million and had a net profit of $24.8 million
