Wall Street Zen Upgrades Himax Technologies (NASDAQ:HIMX) to “Hold”

Himax Technologies (NASDAQ:HIMX) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other research firms have also recently issued reports on HIMX. Zacks Research raised shares of Himax Technologies to a “hold” rating in a research report on Wednesday, November 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Himax Technologies in a research report on Thursday, January 22nd. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $8.00 price target on shares of Himax Technologies in a research note on Wednesday, February 4th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $8.00.

Himax Technologies Price Performance

HIMX stock opened at $7.40 on Friday. The stock’s fifty day simple moving average is $8.02 and its 200-day simple moving average is $8.28. Himax Technologies has a 52-week low of $5.66 and a 52-week high of $9.85. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of 28.91 and a beta of 1.83. The company has a quick ratio of 1.39, a current ratio of 1.58 and a debt-to-equity ratio of 0.02.

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

Hedge Funds Weigh In On Himax Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Triumph Capital Management purchased a new stake in shares of Himax Technologies during the third quarter valued at approximately $28,000. Advisory Services Network LLC acquired a new position in shares of Himax Technologies during the third quarter worth $28,000. Ameriflex Group Inc. boosted its stake in shares of Himax Technologies by 100.0% in the third quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 1,800 shares during the period. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Himax Technologies in the fourth quarter valued at $41,000. Finally, EFG International AG acquired 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.

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.