Himax Technologies (NASDAQ:HIMX) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Himax Technologies (NASDAQ:HIMX) from a sell rating to a hold rating in a report published on Saturday morning.

Other research analysts have also recently issued reports about the company. Zacks Research raised Himax Technologies to a “hold” rating in a research report on Wednesday, November 12th. Weiss Ratings restated a “hold (c)” rating on shares of Himax Technologies in a research note on Thursday, January 22nd. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $8.00 price target on shares of Himax Technologies in a report on Wednesday, February 4th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $8.00.

Himax Technologies Trading Down 3.6%

NASDAQ:HIMX opened at $7.40 on Friday. Himax Technologies has a one year low of $5.66 and a one year high of $9.85. The business has a fifty day moving average price of $8.02 and a 200-day moving average price of $8.28. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 28.91 and a beta of 1.83. 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 earnings results on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. The company had revenue of $203.08 million for the quarter, compared to the consensus estimate of $199.16 million. Himax Technologies had a return on equity of 4.92% and a net margin of 5.28%.Himax Technologies’s quarterly revenue was down 14.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 earnings per share. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HIMX. Royal Bank of Canada lifted its holdings in shares of Himax Technologies by 3.7% in the first quarter. Royal Bank of Canada now owns 106,503 shares of the semiconductor company’s stock worth $782,000 after buying an additional 3,811 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Himax Technologies by 127.6% during 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. Envestnet Asset Management Inc. grew its holdings in Himax Technologies by 11.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 275,829 shares of the semiconductor company’s stock valued at $2,463,000 after buying an additional 28,144 shares in the last quarter. Bank of Montreal Can increased its stake in Himax Technologies by 11.1% in the 2nd quarter. Bank of Montreal Can now owns 80,400 shares of the semiconductor company’s stock worth $718,000 after acquiring an additional 8,050 shares during the last quarter. Finally, Savant Capital LLC bought a new stake in Himax Technologies in the 2nd quarter worth approximately $105,000. 69.81% of the stock is currently owned by institutional investors.

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.