Diodes (NASDAQ:DIOD) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Diodes (NASDAQ:DIOD) from a buy rating to a strong-buy rating in a report released on Saturday morning,Wall Street Zen reports.

Several other research analysts have also recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Diodes in a research note on Tuesday, October 13th. Robert W. Baird set a $192.00 price target on shares of Diodes in a research report on Thursday, August 6th. Needham & Company LLC began coverage on shares of Diodes in a research report on Friday. They issued a “buy” rating and a $110.00 price target on the stock. Zacks Research downgraded shares of Diodes from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Finally, Bank of America began coverage on shares of Diodes in a research report on Tuesday, October 6th. They set a “buy” rating and a $135.00 price objective for the company. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Diodes has a consensus rating of “Moderate Buy” and a consensus target price of $130.83.

Diodes Trading Up 2.5%

NASDAQ:DIOD opened at $83.09 on Friday. Diodes has a 1 year low of $42.28 and a 1 year high of $125.99. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of 44.91 and a beta of 1.90. The business has a fifty day moving average of $92.34 and a 200-day moving average of $86.76. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.99 and a current ratio of 3.17.

Diodes (NASDAQ:DIOD) last released its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.07. Diodes had a net margin of 5.27% and a return on equity of 4.33%. The company had revenue of $445.53 million for the quarter, compared to the consensus estimate of $436.60 million. During the same period in the previous year, the firm earned $0.32 EPS. Diodes’s revenue was up 21.7% on a year-over-year basis. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. Equities analysts predict that Diodes will post 3.18 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in shares of Diodes in the third quarter valued at $28,000. Integrated Wealth Concepts LLC acquired a new position in Diodes during the second quarter valued at $35,000. Farther Finance Advisors LLC raised its position in Diodes by 38.9% during the third quarter. Farther Finance Advisors LLC now owns 543 shares of the semiconductor company’s stock valued at $53,000 after buying an additional 152 shares during the period. State of Wyoming acquired a new position in Diodes during the second quarter valued at $110,000. Finally, Global Retirement Partners LLC purchased a new stake in Diodes in the 2nd quarter worth about $118,000. 99.23% of the stock is owned by hedge funds and other institutional investors.

About Diodes

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.