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

Diodes Incorporated (NASDAQ:DIOD – Get Free Report) has received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $135.00.

DIOD has been the subject of several recent research reports. Robert W. Baird set a $192.00 price objective on shares of Diodes in a research note on Thursday, August 6th. Bank of America initiated coverage on shares of Diodes in a report on Tuesday, October 6th. They issued a “buy” rating and a $135.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Diodes in a research note on Tuesday, October 13th. Wall Street Zen downgraded shares of Diodes from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 26th. Finally, Truist Financial reduced their target price on shares of Diodes from $139.00 to $133.00 and set a “buy” rating on the stock in a report on Thursday, August 6th.

Check Out Our Latest Research Report on Diodes

Diodes Price Performance

DIOD opened at $82.85 on Wednesday. The stock’s 50-day moving average price is $94.32 and its 200 day moving average price is $96.48. Diodes has a 12-month low of $42.28 and a 12-month high of $125.99. The company has a current ratio of 3.17, a quick ratio of 1.99 and a debt-to-equity ratio of 0.01. The firm has a market cap of $3.82 billion, a price-to-earnings ratio of 44.78 and a beta of 1.90.

Diodes (NASDAQ:DIOD – Get Free Report) last released its earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.07. The company had revenue of $445.53 million during 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%. Diodes’s revenue was up 21.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.32 EPS. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. As a group, sell-side analysts expect that Diodes will post 3.18 earnings per share for the current year.

Institutional Trading of Diodes

A number of large investors have recently modified their holdings of DIOD. Integrated Wealth Concepts LLC acquired a new position in Diodes during the 2nd quarter worth approximately $35,000. Farther Finance Advisors LLC increased its position in shares of Diodes by 38.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 543 shares of the semiconductor company’s stock valued at $53,000 after purchasing an additional 152 shares during the last quarter. State of Wyoming purchased a new stake in shares of Diodes in the 2nd quarter valued at approximately $110,000. Global Retirement Partners LLC acquired a new stake in shares of Diodes in the 2nd quarter valued at $118,000. Finally, Nykredit A S acquired a new stake in shares of Diodes in the 2nd quarter valued at $135,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

About Diodes

(Get Free Report)

Diodes Incorporated (NASDAQ: DIOD) is a semiconductor manufacturer that designs, manufactures and sells products used to manage, control and protect electrical power and signals. Its portfolio includes discrete semiconductor devices, power management products, standard and application-specific logic devices, analog components and mixed-signal products.

The company’s products include rectifiers, transistors, MOSFETs, bipolar transistors, diodes, protection devices, LED drivers, voltage regulators, converters, switches and signal-integrity components.

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Analyst Recommendations for Diodes (NASDAQ:DIOD)

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