The Globe and Mail reports in its Thursday, Jan. 15, edition that Canaccord Genuity analyst Aravinda Galappatthige continues to rate Cineplex "hold." The Globe's David Leeder writes in the Eye On Equities column that Mr. Galappatthige gave his share target a $1.50 boost to $11.50. Analysts on average target the shares at $13.13. Mr. Galappatthige says in a note: "Cineplex reported its December box office confirming the final Q4/25 numbers. Overall, box office sales for the quarter came in at $140.7-million, down 5 per cent year-over-year. This compared to previous consensus expectations of 17.1-per-cent growth and our own prior forecast of 7.6-per-cent growth. However, with the slow start to quarter in October and November, and the latest edition of Avatar underperforming domestic box office expectations by approximately $100-million (for the first four weeks), we saw a meaningful variance. As a result, we expect a more moderated Q4 result with adj. EBITDA of $51.3-million (vs. consensus of $64.7-million).
Furthermore, we believe that the Q4 variance could result in 2026 expectations being tapered down a bit, with consensus calling for high single-digit box office growth in the current year."
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