Diodes Incorporated (NASDAQ:DIOD) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of Diodes Incorporated (NASDAQ:DIOD) have earned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $135.00.

A number of equities research analysts have recently weighed in on DIOD shares. Wall Street Zen cut Diodes from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 26th. Wells Fargo & Company set a $135.00 price objective on Diodes in a report on Tuesday, October 6th. Bank of America assumed coverage on Diodes in a research note on Tuesday, October 6th. They set a “buy” rating and a $135.00 target price on the stock. Truist Financial lowered their target price on Diodes from $139.00 to $133.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, Robert W. Baird set a $192.00 target price on Diodes in a report on Thursday, August 6th.

Institutional Trading of Diodes

Several hedge funds have recently made changes to their positions in the business. Andar Capital Management HK Ltd purchased a new position in shares of Diodes in the 2nd quarter valued at about $80,000,000. BlackRock Inc. purchased a new stake in shares of Diodes during the second quarter worth approximately $803,920,000. William Blair Investment Management LLC purchased a new stake in shares of Diodes during the second quarter worth approximately $184,153,000. Bank of New York Mellon Corp purchased a new stake in shares of Diodes during the second quarter worth approximately $41,421,000. Finally, Bank of America Corp DE acquired a new stake in Diodes in the second quarter valued at approximately $21,374,000. Institutional investors and hedge funds own 99.23% of the company’s stock.

Diodes Stock Performance

NASDAQ:DIOD opened at $90.72 on Wednesday. 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 company has a 50 day moving average price of $95.01 and a 200 day moving average price of $96.12. The stock has a market capitalization of $4.18 billion, a P/E ratio of 49.04 and a beta of 1.90.

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

About Diodes

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.