Himax Technologies Inc has a consensus price target of $9.5 based on the ratings of 2 analysts. The high is $11 issued by Nomura Instinet on April 7, 2022. The low is $8 issued by Credit Suisse on August 11, 2023. The 3 most-recent analyst ratings were released by Credit Suisse on August 11, 2023, July 14, 2022, and May 16, 2022, respectively. With an average price target of $9.6 between Credit Suisse, there's an implied 86.41% upside for Himax Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Himax Techs (NASDAQ:HIMX) was reported by Credit Suisse on August 11, 2023. The analyst firm set a price target for $8.00 expecting HIMX to rise to within 12 months (a possible 55.34% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Himax Techs (NASDAQ:HIMX) was provided by Credit Suisse, and Himax Techs upgraded their outperform rating.
The last upgrade for Himax Technologies Inc happened on August 11, 2023 when Credit Suisse raised their price target to $8. Credit Suisse previously had a neutral for Himax Technologies Inc.
The last downgrade for Himax Technologies Inc happened on July 14, 2022 when Credit Suisse changed their price target from N/A to $7 for Himax Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Himax Techs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Himax Techs was filed on August 11, 2023 so you should expect the next rating to be made available sometime around August 11, 2024.
While ratings are subjective and will change, the latest Himax Techs (HIMX) rating was a upgraded with a price target of $7.00 to $8.00. The current price Himax Techs (HIMX) is trading at is $5.15, which is out of the analyst’s predicted range.
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