Himax Technologies (NASDAQ:HIMX) Reaches New 12-Month High - Should You Buy?

Key Points

• Himax's stock hit a new intraday 52-week high of $12.20 (last traded $11.50), yet Wall Street's consensus is a Hold with an average price target of only $8.00, signaling analyst caution despite the rally.
• In the latest quarter Himax reported $0.04 EPS (in line with expectations) and revenue of $203.1M (beating estimates) but revenue was down 14.4% year‑over‑year and the company set Q1 guidance of $0.02–$0.04 EPS; valuation metrics include a $2.01B market cap and a P/E of 44.92.
• Institutional ownership is high at about 69.8%, with several funds (Lazard, Robeco, Handelsbanken, State Street, Mitsubishi UFJ) increasing their stakes during the most recent quarter.

Himax Technologies, Inc. (NASDAQ:HIMX - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $12.20 and last traded at $11.50, with a volume of 3055524 shares. The stock had previously closed at $12.09.

Wall Street Analysts Forecast Growth

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

Himax Technologies Price Performance

The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 44.92 and a beta of 1.74. The company has a current ratio of 1.58, a quick ratio of 1.39 and a debt-to-equity ratio of 0.02. The company has a 50 day moving average of $8.87 and a 200 day moving average of $8.52.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The semiconductor company reported $0.04 EPS for the quarter, hitting the consensus estimate of $0.04. The business had revenue of $203.08 million for the quarter, compared to the consensus estimate of $199.16 million. Himax Technologies had a return on equity of 4.92% and a net margin of 5.28%.The firm's revenue was down 14.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.14 EPS. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS. Equities research analysts predict that Himax Technologies, Inc. will post 0.21 EPS for the current fiscal year.

Institutional Trading of Himax Technologies

Hedge funds have recently added to or reduced their stakes in the business. Lazard Asset Management LLC raised its stake in shares of Himax Technologies by 9.4% in the 4th quarter. Lazard Asset Management LLC now owns 5,718,698 shares of the semiconductor company's stock valued at $46,836,000 after purchasing an additional 489,903 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in shares of Himax Technologies by 3.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 4,400,014 shares of the semiconductor company's stock valued at $36,036,000 after purchasing an additional 165,508 shares during the period. Handelsbanken Fonder AB raised its stake in shares of Himax Technologies by 95.7% in the 4th quarter. Handelsbanken Fonder AB now owns 3,429,263 shares of the semiconductor company's stock valued at $28,086,000 after purchasing an additional 1,676,831 shares during the period. State Street Corp raised its stake in shares of Himax Technologies by 9.6% in the 4th quarter. State Street Corp now owns 1,600,126 shares of the semiconductor company's stock valued at $13,105,000 after purchasing an additional 139,703 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Himax Technologies by 24.6% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 825,971 shares of the semiconductor company's stock valued at $7,046,000 after purchasing an additional 162,809 shares during the period. Institutional investors and hedge funds 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.

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