Mission: Impossible - Dead Reckoning Part One" aims to revive the movie theater industry after a slow start to popcorn season.
The action-adventure film is estimated to earn at least $60 million between Friday and Sunday.
"Mission: Impossible II" set a record in 2000 with $57.8 million.
The seventh installment of the "Mission: Impossible" series opens Wednesday, taking advantage of the IMAX screen ahead of Christopher Nolan's "Oppenheimer."
Within its first five days, "Dead Reckoning Part One" is expected to gross $85 million to $95 million in North America and $160 million at the international box office.
As the only new wide release for the weekend, the film faces minimal competition from other titles.
While "Mission: Impossible" movies usually have mediocre opening weekends, their lifespan on the big screen is longer.
The previous installment, "Fallout", became the highest-grossing film in the franchise, grossing $791 million globally.
"Dead Reckoning Part One" needed a successful theatrical performance to justify the large production budget cost of $290 million.
A sequel, "Dead Reckoning Part Two," is already set for June 28, 2024, emphasizing the need for audience investment in the franchise's ongoing story.