Himax Technologies (NASDAQ:HIMX) Stock Bumped Up to “Buy” by Wall Street Zen

Wall Street Zen upgraded shares of Himax Technologies (NASDAQ:HIMX) from a hold rating to a buy rating in a research note released on Saturday,Wall Street Zen reports.

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

Himax Technologies Price Performance

HIMX stock opened at $8.49 on Friday. The company has a 50 day simple moving average of $12.90 and a 200 day simple moving average of $12.75. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 27.75 and a beta of 2.46. Himax Technologies has a 1 year low of $6.85 and a 1 year high of $25.09. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.55 and a quick ratio of 1.36.

Himax Technologies (NASDAQ:HIMX) last issued its quarterly earnings data on Thursday, November 5th. The semiconductor company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. Himax Technologies had a net margin of 6.02% and a return on equity of 5.79%. The business had revenue of $246.75 million during the quarter, compared to the consensus estimate of $247.76 million. During the same quarter in the prior year, the firm earned $0.01 EPS. The firm’s revenue was up 23.9% compared to the same quarter last year. Research analysts anticipate that Himax Technologies will post 0.40 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Robeco Institutional Asset Management B.V. boosted its position in Himax Technologies by 24.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,447,022 shares of the semiconductor company’s stock worth $62,570,000 after buying an additional 882,739 shares during the period. Lazard Asset Management LLC grew its holdings in Himax Technologies by 11.1% during the 1st quarter. Lazard Asset Management LLC now owns 6,355,718 shares of the semiconductor company’s stock worth $50,019,000 after acquiring an additional 637,020 shares during the last quarter. Renaissance Technologies LLC grew its holdings in Himax Technologies by 233.3% during the 1st quarter. Renaissance Technologies LLC now owns 647,461 shares of the semiconductor company’s stock worth $5,096,000 after acquiring an additional 453,200 shares during the last quarter. Russell Investments Group Ltd. increased its position in Himax Technologies by 3.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 335,078 shares of the semiconductor company’s stock valued at $4,725,000 after acquiring an additional 11,887 shares during the period. Finally, Engineers Gate Manager LP increased its position in Himax Technologies by 776.3% in the 2nd quarter. Engineers Gate Manager LP now owns 116,716 shares of the semiconductor company’s stock valued at $1,790,000 after acquiring an additional 103,397 shares during the period. Institutional investors and hedge funds own 69.81% of the company’s stock.

Trending Headlines about Himax Technologies

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.