Diodes Incorporated (NASDAQ:DIOD) Given Consensus Recommendation of "Buy" by Brokerages

Key Points

• Diodes has a consensus “Buy” rating from five analysts: three buys, one strong buy and one hold. The average 12-month price target is $135, compared with a recent share price of $92.37.
• The semiconductor company exceeded quarterly expectations, reporting $0.70 in EPS versus the $0.63 consensus and revenue of $445.53 million versus $436.60 million expected. Revenue increased 21.7% year over year, and management issued third-quarter EPS guidance of $0.95–$1.15.
• Institutional ownership is very high at 99.23%, with major investors including BlackRock and William Blair Investment Management establishing sizable positions during the second quarter.

Shares of Diodes Incorporated (NASDAQ:DIOD - Get Free Report) have received a consensus recommendation of "Buy" from the five analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $135.00.

A number of equities analysts have recently issued reports on DIOD shares. Weiss Ratings reissued a "hold (c)" rating on shares of Diodes in a research report on Wednesday, July 15th. Zacks Research raised Diodes from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 7th. Truist Financial cut their price target on Diodes from $139.00 to $133.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. Robert W. Baird set a $192.00 price objective on Diodes in a report on Thursday, August 6th. Finally, Wall Street Zen raised Diodes from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 15th.

Diodes Stock Performance

NASDAQ:DIOD opened at $92.37 on Friday. The company has a fifty day moving average of $91.90 and a 200-day moving average of $92.25. The firm has a market capitalization of $4.25 billion, a P/E ratio of 49.93 and a beta of 1.89. The company has a quick ratio of 1.99, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. Diodes has a twelve month low of $42.28 and a twelve month high of $125.99.

Diodes (NASDAQ:DIOD - Get Free Report) last issued 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. The business had revenue of $445.53 million for the quarter, compared to analyst estimates of $436.60 million. Diodes had a net margin of 5.27% and a return on equity of 4.33%. Diodes's revenue was up 21.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.32 earnings per share. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. As a group, sell-side analysts anticipate that Diodes will post 3.15 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of DIOD. BlackRock Inc. bought a new position in shares of Diodes in the second quarter valued at $803,920,000. William Blair Investment Management LLC bought a new stake in shares of Diodes during the second quarter worth about $184,153,000. Dimensional Fund Advisors LP lifted its position in Diodes by 2.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,436,359 shares of the semiconductor company's stock valued at $166,294,000 after acquiring an additional 53,934 shares in the last quarter. Andar Capital Management HK Ltd acquired a new position in Diodes during the 2nd quarter valued at about $80,000,000. Finally, Geode Capital Management LLC boosted its stake in Diodes by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,350,436 shares of the semiconductor company's stock valued at $66,640,000 after purchasing an additional 11,799 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

About Diodes

Diodes Incorporated is a semiconductor manufacturer that develops, manufactures and sells discrete, analog, mixed-signal and logic products. Its portfolio includes rectifiers, diodes, transistors, power-management devices, voltage regulators, load switches, signal-integrity components, timing products and automotive-qualified semiconductor solutions.

The company's products are used in power conversion, protection, switching, connectivity and signal-processing applications across the automotive, industrial, consumer electronics, computing, communications and healthcare markets.

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