Himax Technologies (NASDAQ:HIMX) Trading Down 6.8% – What’s Next?

Himax Technologies, Inc. (NASDAQ:HIMX)’s share price fell 6.8% during trading on Monday . The stock traded as low as $7.56 and last traded at $7.5420. 790,050 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 2,376,931 shares. The stock had previously closed at $8.09.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on HIMX. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Himax Technologies in a research note on Thursday, January 22nd. Morgan Stanley reaffirmed an “equal weight” rating and set a $8.00 price target on shares of Himax Technologies in a research report on Wednesday, February 4th. Finally, Wall Street Zen upgraded shares of Himax Technologies from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, Himax Technologies has a consensus rating of “Hold” and a consensus target price of $8.00.

Himax Technologies Trading Down 8.4%

The firm has a market capitalization of $1.30 billion, a PE ratio of 28.85 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 firm has a fifty day moving average of $8.18 and a 200 day moving average of $8.36.

Himax Technologies (NASDAQ:HIMX) last released its quarterly earnings results on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.04. The business had revenue of $203.08 million during 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 business’s revenue was down 14.4% on a year-over-year basis. During the same period last year, the business 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 hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its position in Himax Technologies by 3.7% during the 1st quarter. Royal Bank of Canada now owns 106,503 shares of the semiconductor company’s stock valued at $782,000 after purchasing an additional 3,811 shares during the period. Goldman Sachs Group Inc. lifted its stake 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 valued at $1,767,000 after buying an additional 134,799 shares during the last quarter. Geode Capital Management LLC lifted its stake in Himax Technologies by 6.0% in the second quarter. Geode Capital Management LLC now owns 130,607 shares of the semiconductor company’s stock valued at $1,166,000 after buying an additional 7,434 shares during the last quarter. Creative Planning boosted its holdings in shares of Himax Technologies by 18.0% during the second quarter. Creative Planning now owns 55,099 shares of the semiconductor company’s stock valued at $492,000 after acquiring an additional 8,406 shares during the period. Finally, Cetera Investment Advisers bought a new position in shares of Himax Technologies during the second quarter worth about $90,000. Institutional investors and hedge funds 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.