Baird Lifts PT on Himax Technologies (HIMX) Following Q1 Results

Himax Technologies, Inc. (NASDAQ:HIMX) is one of the top must-buy semiconductor stocks to invest in now. Baird lifted the price target on Himax Technologies, Inc. (NASDAQ:HIMX) to $30 from $10 on May 8, maintaining an Outperform rating on the shares. The rating update came after the company reported financial results for fiscal Q1 2025, reporting that EPS surpassed the guidance range and both revenue and GM came in at the high end of the guidance range.

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Revenue for the quarter was $199.0 million, reflecting a slight sequential decline of 2.0%. GM for fiscal Q1 reached 30.4%, at the high end of guidance of flat to slightly down from 30.4% in the previous quarter. In addition, fiscal Q1 2026 after-tax profit was $8.0 million, or 4.6 cents per diluted ADS, surpassing the guidance range of 2.0 to 4.0 cents.

Management further reported that the company expects revenue to increase 10.0% to 13.0% QoQ in its fiscal Q2 2026 guidance, with gross margin expected to be around 32% and profit per diluted ADS to be 8.6 cents to 10.3 cents.

Himax Technologies, Inc. (NASDAQ:HIMX) is a semiconductor solution provider involved with display imaging processing technologies. The company’s operations are divided into the Driver Integrated Circuit and Non-Driver Products segments.

While we acknowledge the risk and potential of HIMX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HIMX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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