Himax Technologies (NASDAQ:HIMX) Hits New 12-Month High – What’s Next?

Himax Technologies, Inc. (NASDAQ:HIMX) hit a new 52-week high during trading on Monday . The company traded as high as $19.78 and last traded at $20.3360, with a volume of 2147470 shares changing hands. The stock had previously closed at $17.79.

Analyst Ratings Changes

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

Himax Technologies Stock Performance

The company has a current ratio of 1.62, a quick ratio of 1.42 and a debt-to-equity ratio of 0.02. The firm has a market cap of $3.33 billion, a price-to-earnings ratio of 97.50 and a beta of 2.03. The stock has a fifty day moving average price of $10.16 and a 200 day moving average price of $8.87.

Himax Technologies (NASDAQ:HIMX) last announced its earnings results on Thursday, May 7th. The semiconductor company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. Himax Technologies had a return on equity of 3.57% and a net margin of 3.91%.The firm had revenue of $199.01 million during the quarter, compared to the consensus estimate of $195.01 million. During the same quarter in the prior year, the company earned $0.11 EPS. The firm’s revenue for the quarter was down 7.5% compared to the same quarter last year. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS.

Institutional Trading of Himax Technologies

Several hedge funds have recently added to or reduced their stakes in the business. Himension Capital Singapore PTE. LTD. bought a new stake in Himax Technologies during the 1st quarter valued at approximately $485,000. Parallel Advisors LLC boosted its stake in Himax Technologies by 22.1% during the 1st quarter. Parallel Advisors LLC now owns 13,725 shares of the semiconductor company’s stock valued at $108,000 after purchasing an additional 2,482 shares during the period. SEB Asset Management AB bought a new stake in Himax Technologies during the 1st quarter valued at approximately $214,000. SmartHarvest Portfolios LLC bought a new stake in Himax Technologies during the 1st quarter valued at approximately $105,000. Finally, 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 valued at $44,000 after purchasing an additional 4,844 shares during the period. Institutional investors own 69.81% of the company’s stock.

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.