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HIMX
Upturn stock ratingUpturn stock rating

Himax Technologies Inc (HIMX)

Upturn stock ratingUpturn stock rating
$9.44
Last Close (24-hour delay)
Profit since last BUY11.06%
upturn advisory
Strong Buy
BUY since 31 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

06/27/2025: HIMX (3-star) is a STRONG-BUY. BUY since 31 days. Profits (11.06%). Updated daily EoD!

Upturn Star Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

rating

5 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Year Target Price $9.94

Year Target Price $9.94

Analyst’s Price TargetsFor last 52 week
$9.94Target price
Low$5.12
Current$9.44
high$13.91

Analysis of Past Performance

Type Stock
Historic Profit -9.42%
Avg. Invested days 29
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.65B USD
Price to earnings Ratio 17.48
1Y Target Price 9.94
Price to earnings Ratio 17.48
1Y Target Price 9.94
Volume (30-day avg) -
Beta 2.21
52 Weeks Range 5.12 - 13.91
Updated Date 06/29/2025
52 Weeks Range 5.12 - 13.91
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.54

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 9.54%
Operating Margin (TTM) 9.21%

Management Effectiveness

Return on Assets (TTM) 2.97%
Return on Equity (TTM) 9.78%

Valuation

Trailing PE 17.48
Forward PE 9.84
Enterprise Value 1907500628
Price to Sales(TTM) 1.81
Enterprise Value 1907500628
Price to Sales(TTM) 1.81
Enterprise Value to Revenue 2.09
Enterprise Value to EBITDA 16.58
Shares Outstanding 174912992
Shares Floating 248117589
Shares Outstanding 174912992
Shares Floating 248117589
Percent Insiders 30.96
Percent Institutions 19.66

Analyst Ratings

Rating 4.2
Target Price 9.94
Buy 2
Strong Buy 2
Buy 2
Strong Buy 2
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Himax Technologies Inc

stock logo

Company Overview

overview logo History and Background

Himax Technologies Inc. was founded in 2001 in Tainan, Taiwan. It is a fabless semiconductor company specializing in display imaging processing technologies. Initially focused on display drivers for TVs and monitors, it has expanded into AR/VR, automotive, and other sectors.

business area logo Core Business Areas

  • Display Driver ICs: Himax designs and markets display driver ICs for televisions, laptops, monitors, mobile phones, tablets, automotive, and other consumer electronics devices.
  • Timing Controllers: Himax also provides timing controllers (TCONs) for LCD panels.
  • Wafer Level Optics (WLO): Himax develops and manufactures WLO for applications such as 3D sensing, augmented reality (AR), and virtual reality (VR).
  • Projectors: Himax makes LCoS (Liquid Crystal on Silicon) microdisplays and projector solutions.
  • AI Image Processing: Himax also has AI image processing technologies for smart surveillance and automotive.

leadership logo Leadership and Structure

The company is led by CEO Jordan Wu. It operates with a functional organizational structure, with departments focused on research and development, sales and marketing, manufacturing operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Large Panel Display Drivers: Display driver ICs for TVs, monitors, and notebooks. Market share varies by segment, but Himax is a significant player in this space. Competitors include Novatek and Samsung.
  • Small and Medium-Sized Display Drivers: Display driver ICs for smartphones and tablets. Face fierce competition, especially from Chinese manufacturers. Competitors include Novatek, Sitronix, and Raydium.
  • Wafer Level Optics (WLO): WLO solutions for 3D sensing and AR/VR. Growing market, but competition is increasing. Competitors include ams Osram, STMicroelectronics and Largan Precision.
  • Automotive Display Drivers: Display drivers for automotive applications (cockpit displays, HUDs). Growing area with stricter quality needs. Competitors include Renesas, Synaptics.

Market Dynamics

industry overview logo Industry Overview

The display driver IC industry is cyclical and driven by demand for consumer electronics and automotive displays. The WLO market is growing rapidly due to demand for 3D sensing in smartphones, AR/VR devices, and automotive applications.

Positioning

Himax is positioned as a technology innovator, particularly in WLO and automotive display driver ICs. It faces strong competition from larger semiconductor companies but focuses on niche markets and customized solutions.

Total Addressable Market (TAM)

The display driver IC market is estimated to be billions of dollars annually. The WLO market is also projected to reach billions in the coming years. Himax is positioned to capitalize on growth in automotive and AR/VR applications.

Upturn SWOT Analysis

Strengths

  • Strong expertise in display driver IC design
  • Leading position in WLO technology
  • Expanding presence in automotive and AR/VR markets
  • Solid customer relationships
  • Experienced Management team

Weaknesses

  • Dependence on cyclical consumer electronics market
  • Relatively small size compared to major competitors
  • Vulnerable to pricing pressure from larger manufacturers
  • High R&D expenses
  • Geographic concentration in Asia

Opportunities

  • Growth in automotive display market
  • Increased adoption of AR/VR technology
  • Expansion into new applications for WLO
  • Partnerships with major tech companies
  • Potential acquisitions to expand product portfolio

Threats

  • Intense competition from larger semiconductor companies
  • Economic downturn affecting consumer spending
  • Technological obsolescence
  • Supply chain disruptions
  • Geopolitical risks

Competitors and Market Share

competitor logo Key Competitors

  • NOV
  • SNPS
  • RMDI

Competitive Landscape

Himax competes with larger semiconductor companies like Novatek and Synaptics. Himax's strengths are its WLO technology and its focus on niche markets like automotive display drivers.

Growth Trajectory and Initiatives

Historical Growth: Himax has experienced cyclical growth, driven by the demand for display driver ICs and the adoption of new technologies like WLO.

Future Projections: Analysts project continued growth in automotive and AR/VR applications, which could drive future revenue growth for Himax.

Recent Initiatives: Recent initiatives include focusing on automotive display drivers, expanding WLO capacity, and developing AI-based image processing solutions.

Summary

Himax Technologies Inc. is a fabless semiconductor company that has shown significant growth and decline within its sector over the years. While it has a strong position in display drivers and WLO technology, and expanding into automotive, its reliance on cyclical consumer electronics and smaller size relative to the competition pose challenges. The company is also subject to intense competition and supply chain disruptions. Still, Himax's focus on innovation and expansion into new markets may drive future growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry News
  • Company Website

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market data may be delayed. Consult with a financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Himax Technologies Inc

Exchange NASDAQ
Headquaters -
IPO Launch date 2006-03-31
Co-Founder, President, CEO & Director Mr. Jordan Wu
Sector Technology
Industry Semiconductors
Full time employees 2200
Full time employees 2200

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, and internationally. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products. The company also provides automotive IC solutions, including traditional driver ICs; advanced in-cell touch and display driver integration; local dimming timing controllers; and large touch and display driver integration. In addition, it offers Power IC, touch controllers IC, OLED ICs, LED drivers, EPD ICs, power management ICs, and complementary metal oxide semiconductor image sensors for display application coverage; and ultralow power WiseEye smart image sensing products, as well as wafer level optics, LCoS microdisplays, and 3D sensing solutions. The company markets its display drivers to panel manufacturers, mobile device module manufacturers, and manufacturers of end-use products. Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.