Himax Technologies (NASDAQ:HIMX) Stock Rating Raised to Buy at Wall Street Zen

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

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Himax Technologies in a research report on Friday, September 25th. Three investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $8.00.

Himax Technologies Stock Performance

NASDAQ HIMX opened at $8.49 on Friday. The stock has a market cap of $1.48 billion, a P/E ratio of 50.73 and a beta of 2.46. Himax Technologies has a twelve month low of $6.85 and a twelve month high of $25.09. The company has a quick ratio of 1.36, a current ratio of 1.55 and a debt-to-equity ratio of 0.02. The company’s 50-day simple moving average is $12.90 and its 200 day simple moving average is $12.75.

Himax Technologies (NASDAQ:HIMX) last announced its earnings results on Thursday, November 5th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. Himax Technologies had a net margin of 4.26% and a return on equity of 3.90%. The company had revenue of $246.75 million during the quarter, compared to analysts’ expectations of $247.76 million. During the same quarter in the previous year, the business posted $0.01 earnings per share. Himax Technologies’s quarterly revenue was up 23.9% on a year-over-year basis. As a group, research analysts forecast that Himax Technologies will post 0.40 earnings per share for the current fiscal year.

Institutional Trading of Himax Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of HIMX. Integrated Wealth Concepts LLC purchased a new position in Himax Technologies during the second quarter valued at approximately $26,000. Allworth Financial LP lifted its position in shares of Himax Technologies by 115.1% during the third quarter. Allworth Financial LP now owns 4,885 shares of the semiconductor company’s stock worth $75,000 after purchasing an additional 2,614 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of Himax Technologies by 976.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 5,340 shares of the semiconductor company’s stock valued at $44,000 after acquiring an additional 4,844 shares during the period. IFP Advisors Inc increased its stake in Himax Technologies by 799.9% in the 2nd quarter. IFP Advisors Inc now owns 6,065 shares of the semiconductor company’s stock valued at $93,000 after purchasing an additional 5,391 shares in the last quarter. Finally, Mondrian Investment Partners LTD acquired a new stake in shares of Himax Technologies in the third quarter worth approximately $99,000. Institutional investors own 69.81% of the company’s stock.

More Himax Technologies News

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

• Positive Sentiment: Himax reported Q3 earnings of $0.11 per share, beating the $0.09 consensus, while revenue grew 23.9% year over year. Q3 2026 financial results and guidance
• Neutral Sentiment: Revenue of about $246.8 million was slightly below analyst expectations of $247.8 million, while gross margin and revenue were in line with the company’s prior guidance. Q3 revenue earnings flash
• Negative Sentiment: The outlook is the bigger concern: Himax expects Q4 revenue to fall 22%–26% sequentially. CEO Jordan Wu attributed the abrupt slowdown to weaker automotive-chip demand after China’s early-October holiday, following aggressive customer purchases in prior quarters. Himax cites abrupt correction in auto-chip demand
• Negative Sentiment: Investor caution is compounded by reported supply risks, which add uncertainty to the recovery outlook. Q3 deep dive on auto IC correction and supply risks

Himax Technologies Company Profile

Himax Technologies, Inc is a fabless semiconductor company headquartered in Tainan, Taiwan. Founded in 2001, the company designs and supplies display-related integrated circuits and other semiconductor components for manufacturers of consumer electronics, automotive systems and industrial devices. Himax has been listed on the Nasdaq since 2006 under the symbol HIMX.

The company’s product portfolio includes display driver ICs, timing controllers, touch and display driver integration products, and other components used in televisions, monitors, notebook computers, smartphones, tablets and automotive displays.