HIMX
Himax Technologies, Inc.

Himax Technologies, Inc.HIMX

Technology · Semiconductors
8.49USD
+10.55%
Nov 08, 2026
HIMX overview ready
Supplier of display driver ICs and AI sensing for smart glasses
Himax is a fabless component supplier: its core business remains display-driver and timing-controller ICs for consumer, industrial, and automotive displays, while its WiseEye always-on AI sensing and LCoS microdisplay/optics portfolio provides an emerging smart-glasses exposure.
Primary theme is lagging
Edge AI & Embedded Processors is lagging (-14.1pp vs SPY over 21 sessions; 1 of 5 members ahead of SPY).
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.
Low free cash flow yield
Free cash flow yield is weak.
Primary risk
Declining revenue growth.
Market Nov 6Price action Nov 7Research Oct 19

Conviction Level

PriceAction5.4BusinessPerformance—BusinessQuality—Valuation3.5ThemeMomentum1.0Business Performance not yet available.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
−14.1pp
Theme return
−19.1%
Beating SPY
1 of 5
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryConstructive

Structure is constructive on both timeframes without excessive extension — a reasonable entry location.

Key Financials

Market Cap
$1.4B
Avg Volume (60D)
1.2M
60 sessions
Revenue Growth YoY
+1.1%
Trailing twelve months
Gross Margin
+32.2%
Operating Margin
+7.3%
Trailing twelve months
Free Cash Flow Yield
-0.4%
Distance from 200DMA
-33.0%
P/E
28.3x
EV / EBITDA
14.0x
EV / Sales
1.4x
Market metrics as of Nov 7, 2026

Business Performance

Business Quality

Not assessed

Not assessed — the company files under a regime the financial record does not cover yet.

Fundamentals & Valuation

0 of the one valuation perspectives say fair; peers is the dissenting view.
Himax Technologies, Inc. has a Fair valuation stance because the price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.

What changed

  • HIMX rose 10.6% in one session
    HIMX closed +10.6% while the broad market was close to flat (+0.3%).
    2026-11-06
  • Himax Technologies, Inc. — 6-K
    Reported on 6-K, dated 2026-11-05. HIMX closed -26.4% against a broad market that moved -4.4%.
    2026-11-05 · source

Company Research

Thesis
Himax is a fabless component supplier: its core business remains display-driver and timing-controller ICs for consumer, industrial, and automotive displays, while its WiseEye always-on AI sensing and LCoS microdisplay/optics portfolio provides an emerging smart-glasses exposure.
Opportunity
Moderate opportunity
Commercialization of AI-enabled smart glasses is creating demand for miniature display engines, waveguide-compatible optics, ultra-low-power image sensing, and on-device perception silicon that can operate within severe battery, thermal, weight, and form-factor constraints.
Key risk
Declining revenue growth.

Economic classification

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Business & Markets

Technology · Semiconductors
What they do

Himax Technologies is a fabless semiconductor company that designs and supplies display driver ICs, timing controllers, and AI sensing solutions for various display applications globally.

How it earns

The company generates revenue primarily through transactional sales of semiconductor components to device manufacturers.

Products & services
Display driver integrated circuits (ICs)
Timing controllers
Automotive IC solutions
WiseEye always-on AI sensing
LCoS microdisplay and optics
Customers & end markets
Consumer electronics manufacturers
Automotive industry
Industrial display makers
Smart glasses and wearable device producers
Market position

Niche fabless semiconductor supplier specializing in display driver ICs and emerging AI sensing technologies.

Demand drivers
Medium cyclicality

Demand is influenced by consumer electronics cycles and automotive industry trends, which can be volatile.