Himax Technologies (NASDAQ:HIMX) Trading 9.3% Higher - Here's What Happened

Key Points

• Shares jumped 9.3% intraday to $9.06 on Wednesday, with about 1.04 million shares traded—roughly 9% below its average session volume.
• Analysts collectively hold an average “Hold” rating on Himax with an average price target of $8.00 after recent upgrades and reiterations, including Morgan Stanley's equal-weight call.
• Himax reported quarterly EPS of $0.04 (in line with estimates) and revenue of $203.08M (slightly above expectations) but revenue fell 14.4% year-over-year, and the company guided Q1 2026 EPS to $0.02–$0.04.

Himax Technologies, Inc. (NASDAQ:HIMX - Get Free Report)'s stock price traded up 9.3% on Wednesday . The stock traded as high as $8.82 and last traded at $9.06. 1,037,511 shares traded hands during mid-day trading, a decline of 9% from the average session volume of 1,142,793 shares. The stock had previously closed at $8.29.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Himax Technologies from a "sell" rating to a "hold" rating in a research report on Saturday. Morgan Stanley reiterated an "equal weight" rating and set a $8.00 price target on shares of Himax Technologies in a research note on Wednesday, February 4th. Zacks Research upgraded Himax Technologies to a "hold" rating in a research note on Wednesday, November 12th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Himax Technologies in a report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Himax Technologies presently has an average rating of "Hold" and an average price target of $8.00.

Himax Technologies Stock Up 8.4%

The company has a market capitalization of $1.57 billion, a PE ratio of 35.10 and a beta of 1.83. The company's fifty day moving average is $8.01 and its 200-day moving average is $8.29. 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 - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share for the quarter, meeting 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 net margin of 5.28% and a return on equity of 4.92%. The company's revenue for the quarter was down 14.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.14 earnings per share. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Institutional Trading of Himax Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in Himax Technologies by 3.7% in the 1st quarter. Royal Bank of Canada now owns 106,503 shares of the semiconductor company's stock worth $782,000 after purchasing an additional 3,811 shares during the period. Goldman Sachs Group Inc. increased its position in Himax Technologies by 127.6% in the first quarter. Goldman Sachs Group Inc. now owns 240,411 shares of the semiconductor company's stock worth $1,767,000 after purchasing an additional 134,799 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Himax Technologies by 11.4% in the second quarter. Envestnet Asset Management Inc. now owns 275,829 shares of the semiconductor company's stock worth $2,463,000 after purchasing an additional 28,144 shares during the last quarter. Bank of Montreal Can raised its stake in Himax Technologies by 11.1% during the second quarter. Bank of Montreal Can now owns 80,400 shares of the semiconductor company's stock valued at $718,000 after purchasing an additional 8,050 shares in the last quarter. Finally, Savant Capital LLC bought a new position in Himax Technologies during the second quarter valued at $105,000. Institutional investors 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.

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