Himax Technologies, Inc. (HIMX)
NASDAQ: HIMX · IEX Real-Time Price · USD
4.960
-0.180 (-3.50%)
At close: Apr 17, 2024, 4:00 PM
4.990
+0.030 (0.60%)
After-hours: Apr 17, 2024, 7:35 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 61.29% from the current stock price of 4.96.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 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 | +61.29% | Aug 11, 2023 |
| Credit Suisse | Credit Suisse | Buy → Hold Downgrades $7 | Buy → Hold | Downgrades | $7 | +41.13% | Jul 14, 2022 |
| Credit Suisse | Credit Suisse | Buy Maintains $18 → $14 | Buy | Maintains | $18 → $14 | +178.23% | May 16, 2022 |
| Nomura Instinet | Nomura Instinet | Strong Buy → Hold Downgrades $11 | Strong Buy → Hold | Downgrades | $11 | +121.77% | Apr 7, 2022 |
| Baird | Baird | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Mar 25, 2020 |
Financial Forecast
Revenue This Year
964.13M
from 945.43M
Increased by 1.98%
Revenue Next Year
1.06B
from 964.13M
Increased by 9.43%
EPS This Year
0.40
from 0.28
Increased by 42.92%
EPS Next Year
0.52
from 0.40
Increased by 30.08%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.1B | 1.2B |
| Avg | 964.1M | 1.1B |
| Low | 821.7M | 897.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 14.8% | 24.2% |
| Avg | 2.0% | 9.4% |
| Low | -13.1% | -6.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.54 | 0.60 |
| Avg | 0.40 | 0.52 |
| Low | 0.20 | 0.39 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 91.3% | 49.8% |
| Avg | 42.9% | 30.1% |
| Low | -30.0% | -2.0% |
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.