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Himax Technologies, Inc. (HIMX) Poised for AR Growth With Analyst Backing and New Technology Push

Himax Technologies Inc. (NASDAQ:HIMX) is one of the best augmented reality stocks to buy right now. Himax Technologies Inc. (NASDAQ:HIMX) holds a Moderate Buy rating from one analyst, with a 12-month price target of $10, implying about 32% upside from the current price of $7.58.

Earlier on November 6, the company outlined its prospects in the automotive sector, backed by new technology offerings and comprehensive customer coverage.

Likewise, the company is expanding its footprint into emerging areas beyond display ICs, including ultralow-power AI CPO and smart glasses. The push comes amid the company’s third-quarter revenue dropping 7.3% to $199.2 million. The drop still came on top of the company’s guidance that expected a decline of between 12% and 17%. Likewise, it posted an operating loss of $0.6 million and a profit per diluted ADS of 0.6 cents.

Himax Technologies exited the third quarter with $278.2 million in cash and cash equivalents. Quarter-end inventories rose to $137.4 million from $134.6 million in the second quarter. The company expects its fourth quarter revenue to remain flat quarter over quarter, with Gross margins increasing slightly and profit of between 2 cents and 4 cents per diluted ADS.

Meanwhile, Robert W. Baird analyst Tristan Gerra reiterated a Buy rating on the stock on November 6 and set a $10 price target.

Himax Technologies, Inc. (NASDAQ:HIMX) supplies core components used in AR devices, including LCoS microdisplays, wafer-level optics, 3D-sensing solutions, display-driver ICs, and low-power AI chips, while also serving broader markets like TVs, smartphones, and automotive displays. Its AR parts—such as microdisplays and CMOS sensors—are used by OEMs to build smart glasses and head-up displays. In 2025, Himax introduced an ultra-bright Dual-Edge Front-lit LCoS microdisplay and worked with Vuzix to launch an integrated AR optical module for next-generation glasses. Because Himax provides the components rather than finished devices, it functions as an AR enabler and beneficiary.

While we acknowledge the potential of HIMX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HIMX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: Top 10 Materials Stocks to Buy According to Analysts and 10 Best Organic Food and Farming Stocks to Buy Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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