Himax Technologies, Inc. (HIMX)
NASDAQ: HIMX · IEX Real-Time Price · USD
7.87
+0.15 (1.94%)
At close: Jul 2, 2024, 4:00 PM
7.90
+0.03 (0.38%)
After-hours: Jul 2, 2024, 5:32 PM EDT
Himax Technologies Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Himax Technologies stock has a target of 8.00, which predicts an increase of 1.65% from the current stock price of 7.87.
Analyst Consensus: Buy
* Price targets were last updated on Aug 11, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for HIMX is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '23 | Apr '23 | May '23 | Jun '23 | Jul '23 | Aug '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Credit Suisse | Credit Suisse | Hold → Buy Upgrades $7 → $8 | Hold → Buy | Upgrades | $7 → $8 | +1.65% | Aug 11, 2023 |
| Credit Suisse | Credit Suisse | Buy → Hold Downgrades $7 | Buy → Hold | Downgrades | $7 | -11.05% | Jul 14, 2022 |
| Credit Suisse | Credit Suisse | Buy Maintains $18 → $14 | Buy | Maintains | $18 → $14 | +75.35% | May 16, 2022 |
| Nomura Instinet | Nomura Instinet | Strong Buy → Hold Downgrades $11 | Strong Buy → Hold | Downgrades | $11 | +39.77% | Apr 7, 2022 |
| Baird | Baird | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Mar 25, 2020 |
Financial Forecast
Revenue This Year
937.57M
from 945.43M
Decreased by -0.83%
Revenue Next Year
997.80M
from 937.57M
Increased by 6.42%
EPS This Year
0.46
from 0.28
Increased by 64.54%
EPS Next Year
0.53
from 0.46
Increased by 15.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 992.3M | 1.1B | 1.1B |
| Avg | 937.6M | 997.8M | 1.1B |
| Low | 875.5M | 921.7M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.0% | 13.8% | 9.2% |
| Avg | -0.8% | 6.4% | 6.1% |
| Low | -7.4% | -1.7% | 1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.54 | 0.63 | 0.43 |
| Avg | 0.46 | 0.53 | 0.42 |
| Low | 0.34 | 0.40 | 0.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 91.3% | 36.7% | -18.6% |
| Avg | 64.5% | 15.9% | -20.9% |
| Low | 20.7% | -12.8% | -24.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.