Himax Technologies (NASDAQ:HIMX) Stock Price Up 5.7% – Here’s Why

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock price rose 5.7% during mid-day trading on Thursday . The company traded as high as $10.47 and last traded at $10.76. Approximately 205,585 shares traded hands during trading, a decline of 91% from the average daily volume of 2,352,259 shares. The stock had previously closed at $10.18.

Wall Street Analysts Forecast Growth

HIMX has been the subject of a number of recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Himax Technologies in a research note on Thursday, January 22nd. Wall Street Zen upgraded Himax Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $8.00 price target on shares of Himax Technologies in a research note on Wednesday, February 4th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, Himax Technologies has a consensus rating of “Hold” and an average price target of $8.00.

Himax Technologies Stock Up 10.0%

The firm has a market capitalization of $1.95 billion, a PE ratio of 43.61 and a beta of 1.74. The company has a fifty day moving average price of $8.30 and a 200-day moving average price of $8.38. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.39 and a current ratio of 1.58.

Himax Technologies (NASDAQ:HIMX) last issued its quarterly earnings data on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. The business had revenue of $203.08 million for the quarter, compared to analysts’ expectations of $199.16 million. Himax Technologies had a return on equity of 4.92% and a net margin of 5.28%.The company’s revenue for the quarter was down 14.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.14 EPS. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Institutional Trading of Himax Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Triumph Capital Management purchased a new stake in Himax Technologies during the 3rd quarter valued at $28,000. Advisory Services Network LLC purchased a new stake in Himax Technologies during the 3rd quarter valued at $28,000. Ameriflex Group Inc. raised its holdings in Himax Technologies by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 1,800 shares during the period. Police & Firemen s Retirement System of New Jersey purchased a new stake in Himax Technologies during the 4th quarter valued at $41,000. Finally, EFG International AG purchased a new stake in Himax Technologies during the 4th quarter valued at $41,000. Hedge funds and other institutional investors own 69.81% of the company’s stock.

About Himax Technologies

Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.

In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.