Baird raises Himax price target to $30
Himax Technologies reported revenue of $199.0 million for Q1 2025, a slight sequential decline of 2.0%.
The company’s gross margin reached 30.4%, at the high end of guidance.
Himax expects revenue to increase 10.0% to 13.0% QoQ in its fiscal Q2 2026 guidance, with gross margin expected to be around 32%.