Not a good buy right now for an impatient investor: trend is still decisively bearish and there is no proprietary “strong buy” signal.
Oversold conditions (RSI ~19.9) may produce a short bounce, but the downtrend + recent analyst downgrade + weak recent fundamentals make the risk/reward unattractive for an immediate entry.
Best stance now: hold/avoid new longs until price reclaims key levels (first pivot ~8.14) or a confirmed reversal appears; otherwise risk of further downside into/after earnings (2026-02-12 pre-market).
Intellectia Proprietary Trading Signals: No signal on given stock today.
Politicians/Influential figures: No recent congress trading data available; no politician activity indicated in provided data.
Technical Analysis
Price action: bearish regime with declining structure; current price ~$7.57 sits right on S1 support (7.567), with next support at S2 (7.214).
Momentum: MACD histogram -0.093 and negatively expanding → bearish momentum still strengthening.
RSI: RSI_6 at 19.854 → deeply oversold (bounce potential), but oversold alone is not a reversal signal.
Trend (moving averages): SMA_200 > SMA_20 > SMA_5 → strong bearish alignment; rallies may be sold until this flips.
Key levels: Pivot 8.138 (needs reclaim to improve short-term bias); Resistance R1 8.709; Support S1 7.567 then S2 7.214.
Pattern-based forward odds (provided): ~50% chance of +1.79% next day, but negative drift over 1 week (-1.82%) and 1 month (-3.9%) → favors caution on immediate buys.
Volatility: 30D IV 69.49 vs historical vol 35.19 → options are pricing large moves; premiums look rich.
IV context: IV percentile 61.35 (moderately elevated); IV rank 24.34 (not at extremes versus its own past).
Activity: Total volume 869 vs 30-day avg (indicator shows ~69.19) → not a major spike; suggests sentiment skew without high-conviction volume surge.
Takeaway: Options sentiment is bullish, but the stock trend is still bearish; call-skew alone is not enough to justify an immediate buy.
Technical Summary
Sell
8
Buy
4
Positive Catalysts
Product/news catalyst: Launched HX85200 series OLED touch controller IC for high-end laptops; mass production starting Q1 2026 (potential future revenue driver).
Mean-reversion setup: Extremely oversold RSI may enable a short-term technical bounce off ~7.57 support.
on 2026-02-12 pre-market can drive a gap move; current trend implies the market may punish weak guidance/results.
Financial Performance
Latest reported quarter: 2025/Q3.
Revenue: $199.161M, down -10.45% YoY → contraction trend.
Profitability: Net income $1.07M, down -91.78% YoY; EPS down -100% YoY to ~0 → sharp earnings deterioration.
Margins: Gross margin 30.18%, up +0.77% YoY → slight improvement, but not enough to offset the large drop in earnings.
Overall: Fundamentals recently weakened materially, aligning with the bearish technical trend.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent change: (2026-02-04) Morgan Stanley downgraded HIMX to Equal Weight from Overweight; price target unchanged at $8.
Rationale: Expected weakness across key end markets (PC, smartphone, auto), gross margin pressure, rising memory costs, and limited near-term growth drivers.
Wall Street pros (bull case): New OLED touch controller ramp (Q1 2026) could improve product mix and growth narrative if adoption is strong.
Wall Street cons (bear case): Near-term demand softness and margin headwinds, plus a weakened earnings profile, limit conviction for buying dips immediately.
Wall Street analysts forecast HIMX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HIMX is 10 USD with a low forecast of 10 USD and a high forecast of 10 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast HIMX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HIMX is 10 USD with a low forecast of 10 USD and a high forecast of 10 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 7.590
Low
10
Averages
10
High
10
Current: 7.590
Low
10
Averages
10
High
10
Morgan Stanley
Overweight -> Equal Weight
downgrade
$8
AI Analysis
2026-02-04
New
Reason
Morgan Stanley
Price Target
$8
AI Analysis
2026-02-04
New
downgrade
Overweight -> Equal Weight
Reason
Morgan Stanley downgraded Himax to Equal Weight from Overweight with an unchanged price target of $8. The firm says weaker computer, smartphone and auto demand, in addition to gross margin pressure and a lack of new growth drivers will weigh on the display driver integrated circuit vendors. Rising memory costs will add to the headwinds, driving further downside in PCs, smartphones and autos, the analyst tells investors in a research note.
Morgan Stanley
Overweight
initiated
$8.80
2025-05-09
Reason
Morgan Stanley
Price Target
$8.80
2025-05-09
initiated
Overweight
Reason
Morgan Stanley initiated coverage of Himax with an Overweight rating and $8.80 price target. Himax is expanding its non-driver integrated circuit business by tapping the growing cloud AI and edge AI markets, the analyst tells investors in a research note. The firm says this bodes well for the company's growth and margin expansion. It expects rising OLED penetration in LDDI and autos to drive Himax's sales growth.
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