Himax Technologies (NASDAQ:HIMX) Sets New 52-Week High – Should You Buy?

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $12.00 and last traded at $11.6150, with a volume of 19086942 shares trading hands. The stock had previously closed at $9.15.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HIMX. Zacks Research raised Himax Technologies to a “hold” rating in a research note on Wednesday, November 12th. Wall Street Zen raised Himax Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Morgan Stanley reiterated an “equal weight” rating and set a $8.00 target price on shares of Himax Technologies in a research report on Wednesday, February 4th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Himax Technologies in a research note on Thursday, January 22nd. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $8.00.

Himax Technologies Stock Up 19.0%

The stock has a market cap of $1.90 billion, a PE ratio of 42.38 and a beta of 1.83. The business has a fifty day moving average of $8.03 and a 200-day moving average of $8.29. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.58 and a quick ratio of 1.39.

Himax Technologies (NASDAQ:HIMX) last released 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. Himax Technologies had a return on equity of 4.92% and a net margin of 5.28%.The company had revenue of $203.08 million for the quarter, compared to the consensus estimate of $199.16 million. During the same period last year, the business posted $0.14 EPS. Himax Technologies’s quarterly revenue was down 14.4% on a year-over-year basis. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. XTX Topco Ltd bought a new stake in shares of Himax Technologies in the 4th quarter valued at about $240,000. Voloridge Investment Management LLC purchased a new position in Himax Technologies during the fourth quarter valued at approximately $409,000. Susquehanna Fundamental Investments LLC purchased a new position in Himax Technologies during the fourth quarter valued at approximately $1,268,000. Millennium Management LLC raised its stake in Himax Technologies by 634.9% in the fourth quarter. Millennium Management LLC now owns 190,701 shares of the semiconductor company’s stock worth $1,562,000 after buying an additional 164,753 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in Himax Technologies by 11.0% during the fourth quarter. Cetera Investment Advisers now owns 17,188 shares of the semiconductor company’s stock worth $141,000 after buying an additional 1,700 shares during the period. 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.