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home / news releases / himax technologies q1 anticipating demands pick up i

HIMX - Himax Technologies: Q1 Anticipating Demands Pick Up In Automotive

Himax Technologies Inc.

2024-06-29 08:00:00 ET

Summary

  • Himax Technologies stock price surged by more than 43% since February 2024 initiation.
  • Q1 FY24 revenue decline better than expected, driven by automotive display IC market.
  • Anticipate Himax to achieve 10%+ revenue growth after FY24, reiterating 'Buy' rating with fair value of $11.5 per share.

For further details see:

Himax Technologies: Q1, Anticipating Demands Pick Up In Automotive
Stock Information
Company Name: Himax Technologies Inc.
Stock Symbol: HIMX
Market: NASDAQ
Website: himax.com.tw
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