Himax Technologies (NASDAQ:HIMX) Stock Price Up 9.3% – Still a Buy?

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

Key Himax Technologies News

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

Analyst Upgrades and Downgrades

HIMX has been the subject of several analyst reports. Morgan Stanley reaffirmed an “equal weight” rating and issued a $8.00 target price on shares of Himax Technologies in a research report on Wednesday, February 4th. Wall Street Zen upgraded Himax Technologies from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Weiss Ratings reissued 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 MarketBeat.com, Himax Technologies currently has an average rating of “Hold” and an average target price of $8.00.

View Our Latest Analysis on Himax Technologies

Himax Technologies Stock Performance

The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 38.44 and a beta of 1.83. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.39 and a current ratio of 1.58. The stock’s fifty day moving average is $8.07 and its two-hundred day moving average is $8.30.

Himax Technologies (NASDAQ:HIMXGet Free Report) last issued its quarterly earnings data on Thursday, February 12th. The semiconductor company reported $0.04 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 net margin of 5.28% and a return on equity of 4.92%. The firm’s revenue was down 14.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 EPS. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Lazard Asset Management LLC raised its position 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 in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Himax Technologies by 3.9% during 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 buying an additional 165,508 shares during the last quarter. Handelsbanken Fonder AB grew its position in shares of Himax Technologies by 95.7% during the fourth quarter. Handelsbanken Fonder AB now owns 3,429,263 shares of the semiconductor company’s stock worth $28,086,000 after buying an additional 1,676,831 shares in the last quarter. State Street Corp grew its position in shares of Himax Technologies by 9.6% during the fourth quarter. State Street Corp now owns 1,600,126 shares of the semiconductor company’s stock worth $13,105,000 after buying an additional 139,703 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Himax Technologies by 24.6% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 825,971 shares of the semiconductor company’s stock worth $7,046,000 after buying an additional 162,809 shares during the last quarter. Hedge funds and other institutional investors own 69.81% of the company’s stock.

About Himax Technologies

(Get Free Report)

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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