Himax Technologies (NASDAQ:HIMX) Shares Gap Down – Should You Sell?

Himax Technologies, Inc. (NASDAQ:HIMX) gapped down prior to trading on Thursday. The stock had previously closed at $10.44, but opened at $7.73. Himax Technologies shares last traded at $7.8390, with a volume of 1,147,253 shares changing hands.

Key Himax Technologies News

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

Analysts Set New Price Targets

HIMX has been the topic of several recent research reports. Wall Street Zen raised shares of Himax Technologies from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reissued a “hold (c)” rating on shares of Himax Technologies in a research note on Friday, September 25th. Three research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, Himax Technologies currently has an average rating of “Hold” and an average target price of $8.00.

Himax Technologies Stock Up 10.5%

The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 27.75 and a beta of 2.46. The company has a quick ratio of 1.36, a current ratio of 1.55 and a debt-to-equity ratio of 0.02. The business has a 50-day moving average price of $12.90 and a 200-day moving average price of $12.75.

Himax Technologies (NASDAQ:HIMX) last posted its quarterly earnings data on Thursday, November 5th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.02. Himax Technologies had a return on equity of 3.90% and a net margin of 4.26%. The firm had revenue of $246.75 million for the quarter, compared to the consensus estimate of $247.76 million. During the same quarter in the previous year, the company earned $0.01 EPS. The business’s revenue for the quarter was up 23.9% compared to the same quarter last year. As a group, equities analysts anticipate that Himax Technologies, Inc. will post 0.40 earnings per share for the current fiscal year.

Institutional Trading of Himax Technologies

Several hedge funds and other institutional investors have recently modified their holdings of the business. Robeco Institutional Asset Management B.V. raised its position in Himax Technologies by 24.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 4,447,022 shares of the semiconductor company’s stock valued at $62,570,000 after buying an additional 882,739 shares during the period. Lazard Asset Management LLC grew its stake 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 valued at $50,019,000 after acquiring an additional 637,020 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of Himax Technologies by 233.3% in the 1st quarter. Renaissance Technologies LLC now owns 647,461 shares of the semiconductor company’s stock valued at $5,096,000 after purchasing an additional 453,200 shares during the period. Aberdeen Group plc acquired a new position in shares of Himax Technologies in the 3rd quarter valued at about $1,688,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Himax Technologies in the second quarter worth approximately $1,717,000. Institutional investors and hedge funds own 69.81% of the company’s stock.

About Himax Technologies

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.