Credit Suisse upgraded Himax Tech from Neutral to Outperform and set a new price target of $8.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/11/2023 | $8.00 | Neutral → Outperform | Credit Suisse |
| 7/14/2022 | $7.00 | Outperform → Neutral | Credit Suisse |
| 4/7/2022 | $11.00 | Buy → Neutral | Nomura |
| 9/17/2021 | $7.50 | Hold → Sell | Vertical Research |
Q3 2024 Revenues and EPS both Surpassed Guidance while Gross Margin In Line With Guidance Range Issued on Aug. 8, 2024Company Q4 2024 Guidance: Revenues to be flat to slightly down QoQ,Gross Margin is Expected to be flat to slightly up QoQ, Profit per diluted ADS to be 9.3 Cents to 11.0 Cents Q3 2024 revenues were $222.4M, a decrease of 7.2% QoQ, yet significantly exceeded the guidance range of a 12.0% to 17.0% decrease QoQ. The better-than-expected financial results stemmed primarily from stronger order momentum in automotive, tablet and Tcon product lines. Q3 GM reached 30.0%, in line with guidance of around 30%, but down from 32.0% in Q2, mainly a result of unfavorable product mixQ3 2024
TAINAN, Taiwan, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX), an industry leader in fabless display driver ICs and other semiconductors, today announced the successful mass production of its cutting-edge In-Cell Touch TDDI (Touch and Display Driver Integration) solution, the HX83132, for high-end LCD AI laptops. The HX83132 has already been adopted by several leading panel makers across the board. By entering mass production during the third quarter of 2024, this marks a significant milestone for the first-of-its-kind, innovative product. As notebook brand customers increasingly prioritize product differentiation and value enhancement, the integration of touch f
TAINAN, Taiwan, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX) ("Himax" or "Company"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, November 7 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time to discuss the Company's third quarter 2024 financial results. HIMAX TECHNOLOGIES THIRD QUARTER 2024 EARNINGS CONFERENCE CALLDATE:Thursday, November 7, 2024TIME:U.S.8:00 a.m. EST Taiwan9:00 p.m. Live Webcast (Video and Audio):http://www.zucast.com/webcast/naEJkyEo Toll Free Dial-in Number (Audio Only): Hong Kong2112
Shares of Jabil Inc. (NYSE:JBL) fell sharply during Thursday's session following third-quarter results. Jabil reported third-quarter fiscal 2024 revenue of $6.77 billion, down by 20.2% year-on-year, beating the analyst consensus estimate of $6.53 billion. The print manufacturing company's adjusted EPS of $1.89 beat the analyst consensus of $1.85, according to data from Benzinga Pro. Jabil said it expects fourth-quarter revenue of $6.3 billion – $6.9 billion (consensus: $6.8 billion) and adjusted EPS to $2.03 – $2.43 (consensus: $2.22). Jabil shares dipped 7.8% to $116.37 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers MGO Global, Inc. (NA
Gainers SMX (Security Matters) (NASDAQ:SMX) stock moved upwards by 29.9% to $0.15 during Thursday's regular session. The market value of their outstanding shares is at $6.0 million. Applied Digital (NASDAQ:APLD) stock rose 16.95% to $6.04. The market value of their outstanding shares is at $827.3 million. MicroCloud Hologram (NASDAQ:HOLO) stock increased by 15.93% to $1.09. The company's market cap stands at $89.7 million. Next Technology Holding (NASDAQ:NXTT) shares rose 15.47% to $5.15. The market value of their outstanding shares is at $35.9 million. Soluna Holdings (NASDAQ:SLNH) shares moved upwards by 14.05% to $5.51. The market value of their outstanding shares is at $21.6 million
U.S. stocks were mixed, with the Dow Jones index gaining around 150 points on Thursday. Shares of KB Home (NYSE:KBH) rose during Thursday's session as the company posted better-than-expected earnings and sales results for its second quarter on Tuesday. KB Home reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $1.78. Quarterly sales came in at $1.71 billion, which beat the analyst consensus estimate of $1.651 billion, according to data from Benzinga Pro. KB Home shares gained 4.2% to $70.91 on Thursday. Here are some other big stocks recording gains in today’s session. Ocular Therapeutix, Inc. (NASDAQ:OCUL) shares climbed 16% to $6.36
SC 13G/A - Himax Technologies, Inc. (0001342338) (Subject)
SC 13G/A - Himax Technologies, Inc. (0001342338) (Subject)
SC 13G/A - Himax Technologies, Inc. (0001342338) (Subject)
6-K - Himax Technologies, Inc. (0001342338) (Filer)
6-K - Himax Technologies, Inc. (0001342338) (Filer)
6-K - Himax Technologies, Inc. (0001342338) (Filer)
Q3 2024 Revenues and EPS both Surpassed Guidance while Gross Margin In Line With Guidance Range Issued on Aug. 8, 2024Company Q4 2024 Guidance: Revenues to be flat to slightly down QoQ,Gross Margin is Expected to be flat to slightly up QoQ, Profit per diluted ADS to be 9.3 Cents to 11.0 Cents Q3 2024 revenues were $222.4M, a decrease of 7.2% QoQ, yet significantly exceeded the guidance range of a 12.0% to 17.0% decrease QoQ. The better-than-expected financial results stemmed primarily from stronger order momentum in automotive, tablet and Tcon product lines. Q3 GM reached 30.0%, in line with guidance of around 30%, but down from 32.0% in Q2, mainly a result of unfavorable product mixQ3 2024
TAINAN, Taiwan, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX), an industry leader in fabless display driver ICs and other semiconductors, today announced the successful mass production of its cutting-edge In-Cell Touch TDDI (Touch and Display Driver Integration) solution, the HX83132, for high-end LCD AI laptops. The HX83132 has already been adopted by several leading panel makers across the board. By entering mass production during the third quarter of 2024, this marks a significant milestone for the first-of-its-kind, innovative product. As notebook brand customers increasingly prioritize product differentiation and value enhancement, the integration of touch f
TAINAN, Taiwan, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX) ("Himax" or "Company"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, November 7 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time to discuss the Company's third quarter 2024 financial results. HIMAX TECHNOLOGIES THIRD QUARTER 2024 EARNINGS CONFERENCE CALLDATE:Thursday, November 7, 2024TIME:U.S.8:00 a.m. EST Taiwan9:00 p.m. Live Webcast (Video and Audio):http://www.zucast.com/webcast/naEJkyEo Toll Free Dial-in Number (Audio Only): Hong Kong2112
Credit Suisse upgraded Himax Tech from Neutral to Outperform and set a new price target of $8.00
Credit Suisse downgraded Himax Tech from Outperform to Neutral and set a new price target of $7.00
Nomura downgraded Himax Tech from Buy to Neutral and set a new price target of $11.00