Himax Technologies (NASDAQ:HIMX) Reaches New 12-Month High – Here’s Why

Shares of Himax Technologies, Inc. (NASDAQ:HIMX) hit a new 52-week high on Monday . The company traded as high as $19.78 and last traded at $20.3360, with a volume of 2147470 shares trading hands. The stock had previously closed at $17.79.

Wall Street Analysts Forecast Growth

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

Himax Technologies Stock Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 1.62 and a quick ratio of 1.42. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 108.63 and a beta of 2.03. The firm has a fifty day simple moving average of $9.45 and a two-hundred day simple moving average of $8.66.

Himax Technologies (NASDAQ:HIMX) last issued its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. The business had revenue of $199.01 million during the quarter, compared to the consensus estimate of $195.01 million. Himax Technologies had a return on equity of 3.57% and a net margin of 3.91%.The company’s quarterly revenue was down 7.5% on a year-over-year basis. During the same quarter last year, the company earned $0.11 earnings per share. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS.

Institutional Investors Weigh In On Himax Technologies

Several institutional investors have recently added to or reduced their stakes in HIMX. Handelsbanken Fonder AB boosted its holdings in Himax Technologies by 95.7% in the fourth quarter. Handelsbanken Fonder AB now owns 3,429,263 shares of the semiconductor company’s stock worth $28,086,000 after acquiring an additional 1,676,831 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in Himax Technologies by 9.4% in the fourth quarter. Lazard Asset Management LLC now owns 5,718,698 shares of the semiconductor company’s stock worth $46,836,000 after acquiring an additional 489,903 shares in the last quarter. Jump Financial LLC acquired a new stake in Himax Technologies in the second quarter worth about $3,194,000. First Trust Advisors LP acquired a new stake in Himax Technologies in the third quarter worth about $2,154,000. Finally, Sei Investments Co. boosted its holdings in Himax Technologies by 287.6% in the second quarter. Sei Investments Co. now owns 277,632 shares of the semiconductor company’s stock worth $2,479,000 after acquiring an additional 206,001 shares in the last quarter. Institutional investors and hedge funds own 69.81% of the company’s stock.

Himax Technologies Company Profile

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.