Himax Technologies Q3 revenue beats due to automotive IC and Tcon product lines

Himax Technologies

06/11/2025 09:42

Overview

Himax Q3 2025 revenue beats analyst expectations, despite a 7.3% sequential decline

Company's Q3 gross margin was 30.2%

Q3 after-tax profit per diluted ADS exceeds guidance, indicating stronger-than-expected performance

Outlook

Himax sees Q4 2025 revenue flat QoQ, gross margin flat to slightly up

Profit per diluted ADS for Q4 2025 expected to be 2.0 to 4.0 cents

Himax optimistic about automotive business outlook for next few years

Result Drivers

AUTOMOTIVE IC AND TCON SALES - Better-than-expected sales in automotive IC and Tcon product lines drove Q3 revenue performance

AUTOMOTIVE BUSINESS OUTLOOK - Himax optimistic about automotive business due to advanced technology offerings and customer coverage

EMERGING TECHNOLOGIES - Focus on ultralow power AI and smart glasses as future growth drivers

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$199.20 mln
$184.80 mln (2 Analysts)
Q3 Gross Margin
30.20%
Q3 Operating Income
-$600,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Himax Technologies Inc is $9.15, about 0.8% above its November 5 closing price of $9.08

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNX6qQlcs

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)