Diodes Incorporated (NASDAQ:DIOD) Given Consensus Recommendation of “Buy” by Analysts

Diodes Incorporated (NASDAQ:DIOD) has received an average rating of “Buy” from the five ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $135.00.

A number of research analysts have issued reports on DIOD shares. Wall Street Zen upgraded Diodes from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Robert W. Baird set a $192.00 price target on shares of Diodes in a report on Thursday, August 6th. Zacks Research upgraded shares of Diodes from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Truist Financial dropped their target price on shares of Diodes from $139.00 to $133.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Diodes in a research report on Wednesday, July 15th.

Diodes Stock Up 1.7%

Diodes stock opened at $92.37 on Friday. Diodes has a fifty-two week low of $42.28 and a fifty-two week high of $125.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.99 and a current ratio of 3.17. The firm’s 50-day simple moving average is $91.90 and its 200 day simple moving average is $92.25. The stock has a market cap of $4.25 billion, a PE ratio of 49.93 and a beta of 1.89.

Diodes (NASDAQ:DIOD) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.07. The firm had revenue of $445.53 million for the quarter, compared to the consensus estimate of $436.60 million. Diodes had a return on equity of 4.33% and a net margin of 5.27%.The company’s revenue was up 21.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.32 EPS. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. Research analysts predict that Diodes will post 3.15 EPS for the current fiscal year.

Institutional Trading of Diodes

Large investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new stake in shares of Diodes in the second quarter valued at $35,000. Allworth Financial LP lifted its stake in shares of Diodes by 147.7% during the 4th quarter. Allworth Financial LP now owns 914 shares of the semiconductor company’s stock valued at $45,000 after buying an additional 545 shares in the last quarter. State of Wyoming bought a new position in Diodes in the 2nd quarter worth approximately $110,000. Global Retirement Partners LLC bought a new position in Diodes in the 2nd quarter worth approximately $118,000. Finally, Nykredit A S purchased a new position in Diodes in the 2nd quarter valued at approximately $135,000. 99.23% of the stock is owned by hedge funds and other institutional investors.

Diodes Company Profile

Diodes Incorporated is a semiconductor manufacturer that develops, manufactures and sells discrete, analog, mixed-signal and logic products. Its portfolio includes rectifiers, diodes, transistors, power-management devices, voltage regulators, load switches, signal-integrity components, timing products and automotive-qualified semiconductor solutions.

The company’s products are used in power conversion, protection, switching, connectivity and signal-processing applications across the automotive, industrial, consumer electronics, computing, communications and healthcare markets.