Diodes (NASDAQ:DIOD) Price Target Raised to $139.00

Diodes (NASDAQ:DIOD) had its price objective upped by Truist Financial from $98.00 to $139.00 in a research note published on Friday,Benzinga reports. They currently have a buy rating on the semiconductor company’s stock.

Several other research firms have also commented on DIOD. Weiss Ratings raised shares of Diodes from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, January 21st. Wall Street Zen raised shares of Diodes from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Zacks Research raised shares of Diodes from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Robert W. Baird set a $120.00 price objective on shares of Diodes in a research note on Friday. Finally, Benchmark boosted their price objective on shares of Diodes from $62.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Diodes currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.00.

Diodes Stock Performance

NASDAQ:DIOD opened at $111.41 on Friday. Diodes has a one year low of $41.51 and a one year high of $117.80. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 1.97. The company’s 50-day simple moving average is $79.33 and its 200 day simple moving average is $63.17. The firm has a market capitalization of $5.12 billion, a P/E ratio of 60.55 and a beta of 1.93.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.35 by $0.08. Diodes had a net margin of 5.50% and a return on equity of 3.48%. The business had revenue of $405.47 million for the quarter, compared to analyst estimates of $396.33 million. During the same quarter in the previous year, the firm posted $0.19 earnings per share. Diodes’s quarterly revenue was up 22.1% on a year-over-year basis. As a group, analysts forecast that Diodes will post 2.45 EPS for the current fiscal year.

Insider Buying and Selling

In other Diodes news, Director Keh Shew Lu sold 111,000 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $67.76, for a total transaction of $7,521,360.00. Following the sale, the director directly owned 180,131 shares in the company, valued at approximately $12,205,676.56. This trade represents a 38.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.70% of the company’s stock.

Institutional Trading of Diodes

Several institutional investors have recently added to or reduced their stakes in DIOD. Arrowstreet Capital Limited Partnership purchased a new stake in Diodes during the 3rd quarter valued at $37,519,000. Victory Capital Management Inc. boosted its stake in Diodes by 901.2% during the 4th quarter. Victory Capital Management Inc. now owns 509,630 shares of the semiconductor company’s stock valued at $25,145,000 after purchasing an additional 458,727 shares during the last quarter. Bessemer Group Inc. boosted its stake in Diodes by 178,733.7% during the 3rd quarter. Bessemer Group Inc. now owns 366,609 shares of the semiconductor company’s stock valued at $19,508,000 after purchasing an additional 366,404 shares during the last quarter. Invesco Ltd. boosted its stake in Diodes by 183.0% during the 3rd quarter. Invesco Ltd. now owns 519,013 shares of the semiconductor company’s stock valued at $27,617,000 after purchasing an additional 335,644 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Diodes by 132.3% during the second quarter. Ameriprise Financial Inc. now owns 402,105 shares of the semiconductor company’s stock valued at $21,267,000 after purchasing an additional 228,976 shares during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Diodes

Here are the key news stories impacting Diodes this week:

• Positive Sentiment: Truist Financial raised its price target on Diodes from $98 to $139 and reiterated a buy rating, signaling confidence in additional upside for the stock. Benzinga
• Positive Sentiment: Diodes reported Q1 revenue of $405.5 million, above analyst expectations, and EPS of $0.43, topping estimates of $0.35, reflecting stronger-than-expected demand. Diodes Incorporated Reports First Quarter 2026 Financial Results
• Positive Sentiment: The company guided Q2 revenue to $422 million-$448.1 million, roughly in line to above consensus, and said demand is being supported by automotive, industrial and AI server markets, which points to improving near-term momentum. Seeking Alpha
• Neutral Sentiment: Investors are also parsing the earnings call transcript and snapshot reports for details on margin trends and the sustainability of the recent rebound. Motley Fool

About Diodes

Diodes Incorporated (NASDAQ: DIOD) is a global manufacturer and supplier of high‐performance discrete, logic, analog and mixed‐signal semiconductor products. Headquartered in Plano, Texas, the company designs and develops a broad range of discrete components, standard logic functions, power management circuits, interface products and array products. Its portfolio includes rectifiers, MOSFETs, general‐purpose diodes, voltage regulators, comparators, buffers and other building blocks for electronic systems.

Diodes Incorporated serves a variety of end markets such as automotive, computing, communications, consumer electronics, industrial and lighting.