Himax Technologies (NASDAQ:HIMX) Upgraded by Wall Street Zen to Buy Rating

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

Himax Technologies Price Performance

Himax Technologies stock opened at $14.61 on Friday. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 70.92 and a beta of 2.30. Himax Technologies has a 52-week low of $6.85 and a 52-week high of $25.09. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.42 and a current ratio of 1.62. The stock’s 50 day moving average price is $15.62 and its two-hundred day moving average price is $12.51.

Himax Technologies (NASDAQ:HIMX) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. Himax Technologies had a net margin of 4.26% and a return on equity of 3.91%. The company had revenue of $227.37 million during the quarter, compared to analyst estimates of $222.99 million. During the same quarter in the previous year, the business posted $0.10 EPS. Himax Technologies’s revenue for the quarter was up 5.9% compared to the same quarter last year. Himax Technologies has set its Q3 2026 guidance at 0.080-0.100 EPS. On average, equities analysts predict that Himax Technologies will post 0.4 earnings per share for the current year.

Hedge Funds Weigh In On Himax Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Lazard Asset Management LLC increased its position in Himax Technologies by 11.1% in the 1st quarter. Lazard Asset Management LLC now owns 6,355,718 shares of the semiconductor company’s stock valued at $50,019,000 after buying an additional 637,020 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in 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 acquiring an additional 162,809 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in Himax Technologies by 3.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 4,400,014 shares of the semiconductor company’s stock worth $36,036,000 after acquiring an additional 165,508 shares in the last quarter. Renaissance Technologies LLC grew its stake in Himax Technologies by 233.3% in the first quarter. Renaissance Technologies LLC now owns 647,461 shares of the semiconductor company’s stock valued at $5,096,000 after acquiring an additional 453,200 shares during the period. Finally, Himension Capital Singapore PTE. LTD. acquired a new stake in Himax Technologies in the first quarter valued at approximately $485,000. Institutional investors own 69.81% of the company’s stock.

Key Stories Impacting Himax Technologies

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

• Positive Sentiment: Q2 results exceeded guidance: Revenue rose 14.2% sequentially to $227.4 million, above the company’s forecast, while gross margin reached 33.1% versus guidance of approximately 32%. Profit was $19.9 million, or $0.114 per diluted ADS, ahead of the guided range. Revenue also increased 5.9% year over year. Himax Q2 2026 Financial Results
• Positive Sentiment: Q3 outlook topped revenue expectations: Himax projects third-quarter revenue growth of 7% to 11% sequentially, implying roughly $243.3 million to $252.4 million versus analyst expectations near $238.7 million. Gross margin is expected to improve to approximately 34%, with EPS guidance of $0.08 to $0.10 broadly centered around consensus. Himax Q2 Results and Q3 Guidance
• Positive Sentiment: Automotive demand remains the key growth driver: Automotive IC sales increased sharply in Q2 and represented more than half of revenue. Management expects double-digit automotive IC growth for full-year 2026, supported by larger and more sophisticated vehicle displays, new design wins and expanding LTDI, OLED and Tcon adoption. Smart glasses powered by WiseEye and Co-Packaged Optics products also offer longer-term growth potential, with more meaningful CPO revenue expected from 2027. Himax Growth Outlook
• Neutral Sentiment: Broader U.S.-traded Asian equities were higher on Friday, providing a supportive market backdrop for HIMX and other Asian ADRs. Asian ADRs Friday Trading
• Negative Sentiment: Risks remain in supply and weaker display-driver categories: Capacity constraints are raising manufacturing costs and extending lead times. Large-display-driver revenue fell 21% sequentially, while tablet shipments may be limited by capacity. Himax also expects cash to decline after dividend and employee-bonus payments, and the higher Q3 bonus expense could pressure reported profitability.

About Himax Technologies

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.