Baird Lifts PT on Himax Technologies (HIMX) Following Q1 Results

Revenue for the 4th was $199.0 million, reflecting a flimsy sequential diminution of 2.0%. GM for fiscal Q1 reached 30.4%, astatine the precocious extremity of guidance of level to somewhat down from 30.4% successful the erstwhile quarter. In addition, fiscal Q1 2026 after-tax nett was $8.0 million, oregon 4.6 cents per diluted ADS, surpassing the guidance scope of 2.0 to 4.0 cents. Management further reported that the institution expects gross to summation 10.0% to 13.0% QoQ successful its fiscal Q2 2026 guidance, with gross borderline expected to beryllium astir 32% and nett per diluted ADS to beryllium 8.6 cents to 10.3 cents. Himax Technologies, Inc. (NASDAQ:HIMX) is simply a semiconductor solution supplier progressive with show imaging processing technologies. The company’s operations are divided into the Driver Integrated Circuit and Non-Driver Products segments. While we admit the imaginable of HIMX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock. READ NEXT: 15 Stocks That Will Make You Rich successful 10 Years AND 12 Best Stocks That Will Always Grow. Disclosure: None. Follow Insider Monkey connected Google News.