What Are Analysts Talking About Himax Technologies (HIMX)?

We recently published a list of 10 Stocks That Analysts Are Talking About. In this article, we are going to take a look at where Himax Technologies, Inc. (NASDAQ:HIMX) stands against other stocks that analysts are talking about.

Like any other informed investor, we are always on the hunt for stocks that analysts are talking about. Analysts use their in-depth research expertise, industry knowledge, and industry connections to figure out how well companies are doing every quarter.

Once they stumble upon something that could change the course of that company’s stock, they come out with analyst updates. These are usually in the form of an upgrade or downgrade, or simply an update on a previously assigned rating.

For retail investors, going through these reports saves a lot of time. This is why we came up with 10 stocks that analysts are talking about this week. To come up with the list of 10 stocks that analysts are talking about, we considered companies that received an analyst upgrade or coverage in the last 5 days.

An aerial view of a modern fabrication center with equipment for producing semiconductor components.

Himax Technologies, Inc. (NASDAQ:HIMX)

Himax Technologies, Inc. (NASDAQ:HIMX) is a fabless semiconductor company that operates in Non-Driver products and Driver IC segments. The company offers ePaper devices, industrial displays, display driver integrated circuits (ICs), automotive, and other products. TF International Securities’ analysts believe HIMX is expected to gain significantly from Taiwan Semiconductor’s (TSM) AI and Silicon Photonics advancement.

HIMX is set to be a beneficiary of TSM’s COUPE (Compact Universal Photonic Engine), a system that integrates photonics and electronics. Himax Technologies, Inc. (NASDAQ:HIMX) has a TTM revenue of less than a billion dollars but it is set to report $1.16 billion in revenue in 2026, $1.42 billion in 2027, and $2.4 billion in 2028. This is well above what the current Wall Street consensus expects the company to achieve.

As positive as the above development is, the stock is already up 46% so far this month, which suggests a lot of these developments are getting priced in and investors will want to tread carefully before taking a big position in the stock.

Overall, HIMX ranks 9th on our list of stocks that analysts are talking about. While we acknowledge the potential of HIMX as a leading AI 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 as promising as HIMX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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