Himax Technologies (HIMX) is upgraded to Buy, driven by a rebound and strong momentum in its core automotive IC segment. HIMX delivered improved Q2 2026 results: revenue up 14.2% sequentially and 5.9% Y/Y, with gross margin at 33.1%, exceeding guidance. Management guides for Q3 2026 revenue growth of 7–11% QoQ, gross margin expansion, and double-digit full-year auto IC sales growth.
Himax Technologies is rated Buy as its automotive-led mix shift is driving sustainably higher margins and earnings power. HIMX exceeded Q2 2026 revenue, margin, and earnings guidance, with automotive silicon now over half of group sales and gross margin rebounding to 33.1%. Valuation remains attractive, with forward earnings in the mid-teens and optionality in smart glasses, co-packaged optics, and OLED notebook projects.
Himax Technologies NASDAQ: HIMX reported second-quarter 2026 results that exceeded its prior guidance, as stronger-than-expected automotive integrated-circuit sales lifted revenue, gross margin and profit.
| Semiconductors & Semiconductor Equipment Industry | Information Technology Sector | Jordan Wu CEO | XSTU Exchange | 43289P106 CUSIP |
| TW Country | 2,200 Employees | 10 Jul 2026 Last Dividend | - Last Split | 31 Mar 2006 IPO Date |
Himax Technologies, Inc. stands as a prominent fabless semiconductor company, pioneering in the provision of display imaging processing technologies across a significant global footprint that includes regions like China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. With its inception in 2001 and headquarters in Tainan City, Taiwan, the company operates through two main segments: Driver IC and Non-Driver Products, catering to a wide range of applications such as televisions, PC monitors, laptops, mobile phones, tablets, automotive displays, ePaper devices, industrial displays, and other products. Himax Technologies is dedicated to innovation in the field of visual technology, striving to enhance the interaction between humans and electronic devices through superior display solutions.