Diodes (NASDAQ:DIOD) Stock Rating Cut to "Hold" at Zacks Research

Key Points

• Zacks Research downgraded Diodes from “strong buy” to “hold,” while the broader analyst consensus remains “moderate buy” with an average price target of $135.
• Diodes reported quarterly EPS of $0.70, beating estimates of $0.63, while revenue rose 21.7% year over year to $445.53 million. The company provided third-quarter 2026 EPS guidance of $0.95–$1.15.
• Institutional ownership is substantial, with hedge funds and other institutions holding 99.23% of outstanding shares; BlackRock and William Blair were among investors that recently initiated sizable positions.

Diodes (NASDAQ:DIOD - Get Free Report) was downgraded by stock analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a report issued on Monday, Zacks reports.

Other analysts also recently issued reports about the company. Wall Street Zen downgraded Diodes from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 26th. Bank of America started coverage on shares of Diodes in a research note on Tuesday. They set a "buy" rating and a $135.00 target price for the company. Wells Fargo & Company set a $135.00 price target on shares of Diodes in a research note on Tuesday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Diodes in a research report on Wednesday, July 15th. Finally, Robert W. Baird set a $192.00 target price on shares of Diodes in a report on Thursday, August 6th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $135.00.

Diodes Trading Up 4.1%

DIOD opened at $107.74 on Monday. The stock has a market capitalization of $4.96 billion, a PE ratio of 58.24 and a beta of 1.90. Diodes has a one year low of $42.28 and a one year 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 business's 50 day moving average price is $93.76 and its 200 day moving average price is $95.22.

Diodes (NASDAQ:DIOD - Get Free Report) last posted its earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $436.60 million. During the same quarter last year, the firm 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. As a group, equities research analysts expect that Diodes will post 3.15 EPS for the current year.

Hedge Funds Weigh In On Diodes

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in Diodes in the second quarter worth approximately $803,920,000. William Blair Investment Management LLC acquired a new stake in shares of Diodes in the 2nd quarter valued at $184,153,000. Dimensional Fund Advisors LP lifted its position in shares of Diodes by 2.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,436,359 shares of the semiconductor company's stock worth $166,294,000 after purchasing an additional 53,934 shares during the last quarter. Andar Capital Management HK Ltd acquired a new position in shares of Diodes during the second quarter worth $80,000,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Diodes during the second quarter worth $41,421,000. Hedge funds and other institutional investors own 99.23% of the company's stock.

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.

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