RBC raised target to CAD 15.00. Cineplex stock closed at CAD 12.79 on October 16, 2026.
Published on 10/17/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and reporting date
- On September 15, 2026, Royal Bank of Canada lifted its target from CAD 14.00 to CAD 15.00.
- Revenue reached CAD 383.72 million in the second quarter of 2026.
- Cineplex stock cost CAD 12.79 at 4:00 p.m. ET on October 16, 2026, down 0.54 percent versus the TSX close of CAD 12.86.
- Cineplex is scheduled to report third-quarter results on November 6, 2026.
Cineplex's TSX price was CAD 12.79 on October 16, 2026 at 4:00 p.m. ET, down 0.54 percent versus the prior TSX close of CAD 12.86. The key valuation reference for investors is a Royal Bank of Canada target that was raised to CAD 15.00 on September 15, 2026, according to MarketBeat. The target stands 17.28 percent above the October 16 price.
Second-quarter revenue reached CAD 383.72 million
Cineplex reported CAD 383.72 million in revenue for the second quarter of 2026, compared with CAD 290.98 million in the first quarter. The company also reported diluted earnings per share of CAD 0.12 for the quarter. These figures were reported in the earnings coverage by MarketBeat.
Price position on the TSX
The October 16 price was CAD 0.59 below the 52-week high of CAD 13.38 and CAD 3.64 above the 52-week low of CAD 9.15. That places the stock 4.41 percent below its high and 39.78 percent above its low. Trading volume was 507,214 shares, compared with an average volume of 394,912 shares.
Valuation and next reporting date
Cineplex had a market capitalization of CAD 805.8 million and a price-to-earnings ratio of minus 60.64 as of October 16, 2026. Its next scheduled reporting date is November 6, 2026, when it is due to report third-quarter results, according to Cineplex. The company had appointed Bill Walker as chief executive officer and announced a strategic review on September 23, 2026, according to the same investor-relations page.
Comparison with peers
Cineplex (TSX, CAD): minus 0.54 percent, P/E minus 60.64, market capitalization CAD 805.8 million
AMC Entertainment (NYSE, USD): minus 3.64 percent, P/E minus 2.73, market capitalization USD 2.6 billion
Cinemark Holdings (NYSE, USD): minus 0.10 percent, P/E 21.38, market capitalization USD 4.5 billion
The next trading reference
Cineplex operates cinemas and location-based entertainment venues across Canada, while its media activities add another revenue stream. The October 16 close leaves the stock below both the 52-week high and the CAD 15.00 analyst target, with the next scheduled results date providing the next fixed company checkpoint.
Cineplex stock facts
- Company: Cineplex Inc.
- ISIN: CA1724541000
- Ticker: CGX
- Primary exchange: TSX
- Price TSX (as of October 16, 2026, 4:00 p.m. ET): CAD 12.79
- Change versus prior TSX close: minus 0.54 percent
- Market capitalization: CAD 805.8 million (as of October 16, 2026)
- 52-week range: CAD 9.15-13.38 (as of October 16, 2026)
- Sector / Industry: Communication Services / Entertainment
- Next earnings date: November 6, 2026
Market context: Market report S&P/TSX Composite.
