Diodes Incorporated (NASDAQ:DIOD) Stock Has Consensus Price Target of $135.00 According to Brokerages

Shares of Diodes Incorporated (NASDAQ:DIOD) have been given an average rating of “Moderate Buy” by the six analysts that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $135.00.

DIOD has been the subject of several research analyst reports. Zacks Research downgraded shares of Diodes from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Bank of America initiated coverage on Diodes in a report on Tuesday, October 6th. They set a “buy” rating and a $135.00 price objective on the stock. Wall Street Zen cut Diodes from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Diodes in a report on Tuesday, October 13th. Finally, Robert W. Baird set a $192.00 target price on Diodes in a research report on Thursday, August 6th.

Institutional Investors Weigh In On Diodes

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DIOD. BlackRock Inc. acquired a new stake in Diodes during the 2nd quarter worth $803,920,000. William Blair Investment Management LLC purchased a new position in Diodes during the 2nd quarter worth $184,153,000. Dimensional Fund Advisors LP grew its position in Diodes by 2.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,436,359 shares of the semiconductor company’s stock worth $166,294,000 after purchasing an additional 53,934 shares during the last quarter. Andar Capital Management HK Ltd acquired a new position in Diodes in the second quarter valued at $80,000,000. Finally, Artemis Investment Management LLP increased its stake in Diodes by 28.3% in the third quarter. Artemis Investment Management LLP now owns 450,633 shares of the semiconductor company’s stock valued at $43,617,000 after purchasing an additional 99,286 shares during the period. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Diodes Stock Up 0.7%

DIOD stock opened at $85.39 on Wednesday. The company has a current ratio of 3.17, a quick ratio of 1.99 and a debt-to-equity ratio of 0.01. Diodes has a twelve month low of $42.28 and a twelve month high of $125.99. The company’s 50 day moving average is $93.64 and its two-hundred day moving average is $96.72. The stock has a market cap of $3.93 billion, a P/E ratio of 46.16 and a beta of 1.90.

Diodes (NASDAQ:DIOD) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.07. Diodes had a net margin of 5.27% and a return on equity of 4.33%. The business had revenue of $445.53 million during the quarter, compared to analysts’ expectations of $436.60 million. During the same quarter in the prior year, the business posted $0.32 EPS. The company’s revenue for the quarter was up 21.7% on a year-over-year basis. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. Research analysts expect that Diodes will post 3.18 earnings per share for the current fiscal year.

Diodes Company Profile

Diodes Incorporated (NASDAQ: DIOD) is a semiconductor manufacturer that designs, manufactures and supplies discrete, analog, and mixed-signal semiconductor products. Its portfolio includes diodes, rectifiers, transistors, MOSFETs, power-management devices, protection products, logic components, LED drivers, and application-specific semiconductor solutions.

The company’s products are used in power conversion and management, signal processing, circuit protection, lighting, automotive systems, communications equipment, and consumer and industrial electronics.