Ted Zhang
Portfolio Manager of Turbotection at Revere Asset Management
Himax is one of the most attractive earnings gappers today after beating estimates and guiding well above consensus. First-quarter EPS of 5 cents beat the 3-cent estimate, and revenue of $199.01M topped $195.01M. Himax expects second-quarter EPS of 9–10 cents on revenue of $236.28M–$242.72M, versus analyst expectations of 6 cents and $209.01M. x.com
Himax's Q1 2026 update checks off the Apple and NVIDIA opportunities. Per @wallstengine, WiseEye was adopted by a leading smart-glasses brand with mass production later this year, first-generation co-packaged optics ship in small quantities in 2H26, and second-generation CPO is nearing customer validation for AI data centers. Revenue of $199.0M and EPS beat estimates, and Q2 guidance for 10-13% sequential revenue growth and about 32% gross margin topped consensus. x.com
Himax offers high-upside optionality on microLED-based co-packaged optics, alongside its micro-lens arrays that route light into fiber. The microLED approach uses hundreds or thousands of simple low-speed lanes, removing high-speed SerDes, DSP and the InP laser and cutting energy below 1 pJ/bit. Himax's display-driver know-how maps unusually well onto it. It is pre-revenue, short-reach only and debated, but at ~10x EV/gross profit, current levels look reasonable for those who see a path for CPO. … Show more
