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I maintain my "Buy" rating on Himax Technologies stock due to its imminent turnaround and undervalued forward valuation, despite the recent stock price rally. Recent strategic moves, including a $20 million share buyback and partnerships with Nvidia and TSMC, have significantly boosted investor confidence and stock price. Despite a 7.2% QoQ revenue decrease in Q3 FY2024, Himax exceeded internal guidance and anticipates future growth in the automotive IC and OLED sectors.
A.I. continues to dominate, even in small caps. Himax Technologies (HIMX) bolstered a big rally and tapped a new 52-week high.
As of Jan. 23, 2025, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
TF International Securities analyst Ming-Chi Kuo previously predicted Himax Technologies, Inc HIMX as a potential supplier for Taiwan Semiconductor Manufacturing Co TSM.
TAINAN, Taiwan, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, February 13, 2025, at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time to discuss the Company's fourth quarter and full year 2024 financial results.
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TAINAN, Taiwan, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, November 7 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time to discuss the Company's third quarter 2024 financial results.
Himax Technologies, Inc. (NASDAQ:HIMX ) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Eric Li - Chief IR and PR Officer Jordan Wu - President and Chief Executive Officer Jessica Pan - Chief Financial Officer Conference Call Participants Donnie Teng - Nomura Operator Hello, ladies and gentlemen, welcome to the Himax Technologies Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.