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 ( HIMX ) 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 ( HIMX ) 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/Mis Actual Consensu

s s

Estimate

Q3 Beat $199.20 $184.80

Revenue mln mln (2

Analysts

)

Q3 Gross 30.20%

Margin

Q3 -$600,00

Operatin 0

g Income

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 ( HIMX ) 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:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(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.)