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

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

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

Diodes Price Performance

NASDAQ DIOD opened at $111.41 on Friday. The company has a quick ratio of 2.08, a current ratio of 3.32 and a debt-to-equity ratio of 0.01. The company has a market cap of $5.13 billion, a PE ratio of 60.55 and a beta of 1.93. Diodes has a 52 week low of $41.51 and a 52 week high of $117.80. The firm’s 50-day simple moving average is $79.33 and its two-hundred day simple moving average is $63.17.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.08. The company had revenue of $405.47 million for the quarter, compared to analyst estimates of $396.33 million. Diodes had a net margin of 5.50% and a return on equity of 3.49%. The company’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.19 earnings per share. Research analysts predict that Diodes will post 2.45 earnings per share for the current year.

Insider Transactions at Diodes

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DIOD. AQR Capital Management LLC boosted its stake in Diodes by 12.4% during the first quarter. AQR Capital Management LLC now owns 6,028 shares of the semiconductor company’s stock valued at $260,000 after buying an additional 663 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Diodes by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,148 shares of the semiconductor company’s stock worth $1,172,000 after acquiring an additional 1,186 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Diodes by 13.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 391,005 shares of the semiconductor company’s stock worth $16,880,000 after acquiring an additional 47,500 shares during the last quarter. Woodline Partners LP purchased a new stake in shares of Diodes in the 1st quarter valued at about $559,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Diodes by 6.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,719 shares of the semiconductor company’s stock valued at $4,521,000 after acquiring an additional 6,708 shares in the last quarter. Institutional investors own 99.23% of the company’s stock.

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

Diodes Company Profile

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.