Himax Technologies (NASDAQ:HIMX) Issues Earnings Results

Key Points

• Himax Technologies beat Q1 expectations, reporting EPS of $0.05 versus $0.03 expected and revenue of $199.0 million, which also came in above consensus. Revenue was still down 7.5% year over year, however.
• The company issued a stronger Q2 outlook, guiding for EPS of $0.086 to $0.103 and sequential revenue growth of 10% to 13%, with gross margin expected to improve to around 32%.
• Management pointed to longer-term growth drivers in automotive chips, WiseEye AI, smart glasses, and photonics, while also warning that higher foundry, packaging, and gold costs could pressure margins.

Himax Technologies (NASDAQ:HIMX - Get Free Report) posted its quarterly earnings data on Thursday. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.02, Briefing.com reports. 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 3.61% and a net margin of 3.91%.The firm's quarterly revenue was down 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.11 earnings per share. Himax Technologies updated its Q2 2026 guidance to 0.086-0.103 EPS.

Here are the key takeaways from Himax Technologies' conference call:

• Q1 results beat guidance with $199.0M revenue, a 30.4% gross margin and $0.046 per ADS diluted profit, all at or above the high end of prior guidance.
• Management guided Q2 revenue to rise 10%–13% sequentially with gross margin around ~32% and EPS of $0.086–$0.103 per ADS, signalling a planned recovery from the Q1 trough.
• Himax highlights a deep automotive pipeline — "hundreds" of design wins across DDIC, TDDI and T‑Con — and expects automotive content and sequential vehicle-related sales to ramp through H2 2026, aiming to outperform the broader auto market.
• CPO progress with partner FOCI: Gen1/Gen2 products are in validation with small shipments expected H2 2026 and a target volume ramp in 2027; Himax holds a 5.36% stake in FOCI
• Management flagged cost pressure from memory-driven foundry/pack/test tightness and rising gold prices, and is negotiating customer price increases — a headwind that could strain margins if cost inflation persists.

Himax Technologies Stock Up 11.0%

Shares of NASDAQ HIMX traded up $1.76 during trading on Friday, reaching $17.79. The company had a trading volume of 13,363,126 shares, compared to its average volume of 4,013,734. Himax Technologies has a 12-month low of $6.85 and a 12-month high of $19.30. The stock has a market cap of $3.10 billion, a PE ratio of 90.77 and a beta of 2.03. The business's 50-day moving average is $9.45 and its 200 day moving average is $8.66. The company has a quick ratio of 1.39, a current ratio of 1.58 and a debt-to-equity ratio of 0.02.

Institutional Investors Weigh In On Himax Technologies

Several institutional investors have recently modified their holdings of HIMX. Advisory Services Network LLC purchased a new stake in shares of Himax Technologies during the third quarter valued at $28,000. Triumph Capital Management purchased a new stake in shares of Himax Technologies during the third quarter valued at $28,000. EFG International AG purchased a new stake in shares of Himax Technologies during the fourth quarter valued at $41,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Himax Technologies during the fourth quarter valued at $41,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Himax Technologies by 109.8% during the second quarter. EverSource Wealth Advisors LLC now owns 6,056 shares of the semiconductor company's stock valued at $54,000 after buying an additional 3,169 shares during the last quarter. 69.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Himax Technologies in a research note on Thursday, January 22nd. Wall Street Zen raised Himax Technologies from a "sell" rating to a "hold" rating in a research note on Saturday, March 7th. Finally, Morgan Stanley reissued an "equal weight" rating and issued a $8.00 target price on shares of Himax Technologies in a research note on Wednesday, February 4th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Himax Technologies has an average rating of "Hold" and a consensus target price of $8.00.

Key Stories Impacting Himax Technologies

Here are the key news stories impacting Himax Technologies this week:

• Positive Sentiment: Himax reported Q1 2026 EPS of $0.05, topping expectations, while revenue of $199.0 million also came in above consensus and near the high end of its own guidance range. Himax Technologies, Inc. Reports First Quarter 2026 Financial Results; Provides Second Quarter 2026 Guidance
• Positive Sentiment: The company’s Q2 outlook was stronger than analysts expected, with revenue guidance pointing to 10% to 13% sequential growth and gross margin expected around 32%, suggesting improving momentum in the business. Himax Technologies, Inc. Reports First Quarter 2026 Financial Results; Provides Second Quarter 2026 Guidance
• Positive Sentiment: Management highlighted growth opportunities in automotive chips, non-driver ICs, WiseEye AI, smart glasses, and photonics-related wearables, which is helping fuel the stock’s rally. 5 Stocks Boasting High Double-Digit Gains

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.

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