Himax Technologies (NASDAQ:HIMX) Reaches New 1-Year High – Here’s Why

Shares of Himax Technologies, Inc. (NASDAQ:HIMX) reached a new 52-week high during trading on Monday . The stock traded as high as $12.45 and last traded at $11.8470, with a volume of 598861 shares changing hands. The stock had previously closed at $12.31.

Wall Street Analysts Forecast Growth

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

Himax Technologies Price Performance

The company has a quick ratio of 1.39, a current ratio of 1.58 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 47.58 and a beta of 2.03. The stock’s 50-day simple moving average is $9.19 and its two-hundred day simple moving average is $8.59.

Himax Technologies (NASDAQ:HIMX) last released its earnings results on Thursday, February 12th. The semiconductor company reported $0.04 EPS for the quarter, hitting analysts’ consensus estimates of $0.04. The business had revenue of $203.08 million during the quarter, compared to analysts’ expectations of $199.16 million. Himax Technologies had a net margin of 5.28% and a return on equity of 4.92%. The company’s quarterly revenue was down 14.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.14 earnings per share. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Hedge Funds Weigh In On Himax Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the company. SmartHarvest Portfolios LLC purchased a new stake in shares of Himax Technologies during the first quarter worth approximately $105,000. Rockefeller Capital Management L.P. boosted its stake in Himax Technologies by 976.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,340 shares of the semiconductor company’s stock worth $44,000 after purchasing an additional 4,844 shares during the last quarter. XTX Topco Ltd acquired a new stake in Himax Technologies during the 4th quarter worth $240,000. Voloridge Investment Management LLC purchased a new stake in shares of Himax Technologies during the fourth quarter worth $409,000. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in shares of Himax Technologies during the fourth quarter worth $1,268,000. 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.