• Himax sees substantial growth opportunities for its AI and AR glasses applications over the next few years.
• Despite ongoing macroeconomic uncertainty, the company is confident in its long-term growth prospects, as its core automotive business is “relatively insulated” from the impact of memory prices.
• For the first quarter, revenue came in at $199 million and after-tax profit of about $0.046 per diluted American Depository Share (ADS).

Shares of automotive display maker Himax Technologies (HIMX) are on track to open at an over four-year high if session gains hold, after the company provided strong commentary on its operations and delivered a solid first-quarter report and forecast.

At the time of writing, HIMX stock rose 28% in premarket trading on Thursday.

HIMX Operations Insulated From Macro Uncertainty

The company said that despite ongoing macroeconomic uncertainty stemming from the geopolitical crisis in the Middle East, its businesses expect upward momentum through the remainder of 2026.

Moreover, Himax said the automotive market is “relatively insulated from memory price impact,” driven by the AI data center buildout boom, and is confident in the long-term growth prospects of its core display IC business, which serves the automotive industry.

“The long-term positive outlook is underpinned by Himax's leading technology portfolio, broad and diversified customer base, strong design-win pipeline across DDIC and TDDI, and substantial lead over competitors,” the company said in a statement.

HIMX Sees Opportunity In Smart Glasses Market

Himax said it is optimistic about the smart glasses market, where it believes its applications will meaningfully contribute to growth as manufacturers of AI and AR glasses choose the company’s offerings.

In focus are the company’s proprietary offerings: WiseEye, which provides ultralow-power, always-on AI sensing capabilities, and its LCoS microdisplay, a well-suited option for AR glasses manufacturers due to its optimal balance of weight, size, resolution, image quality, power consumption, and cost.

The company said that “a leading brand” has already adopted its WiseEye technology for smart glasses, with mass production expected later this year, and that other prominent brands are expected to follow suit.

“For both WiseEye and LCoS microdisplay, supported by expanding customer engagements across technology heavyweights and smart glasses specialists globally, Himax is increasingly optimistic about the new space, even compared to just a few quarters ago,” the company said in a statement. “Himax expects revenues from AI and AR glasses applications to grow substantially over the next few years.”

HIMX Q1 Results

For the first quarter (Q1), revenue came in at $199 million, ahead of the Fiscal AI estimate of $195 million. The company reported after-tax profit of about $0.046 per diluted American Depository Share (ADS), exceeding its own guidance range of $0.02 to $0.04 per diluted ADS, and the consensus estimate of $0.03.

For the second quarter (Q2), the company expects revenue to grow 10% to 13% quarter over quarter, and gross margin to be around 32%. Profit per diluted ADS was guided to be $0.086 to $0.103, ahead of the $0.06 estimate.

What Retail Traders Think Of HIMX Stock

On Stocktwits, retail sentiment turned ‘extremely bullish’ from ‘bullish’ amid ‘high’ message volumes over the last 24 hours.

Users on the platform cheered the company’s report and guidance.

One user called the company an “upcoming photonics play with dividends.”

HIMX stock is up more than 50% so far this year and has gained 64% over the past 12 months, outperforming the S&P 500.

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