Diodes - DIOD Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Diodes in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DIOD shares.
View DIOD analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 1-year target prices for Diodes' shares. Their DIOD share price forecasts range from $75.00 to $101.00. On average, they expect the company's stock price to reach $92.20 in the next twelve months. This suggests a possible upside of 0.6% from the stock's current price.
View analysts price targets for DIOD or view top-rated stocks among Wall Street analysts.

Diodes' stock was trading at $76.14 at the beginning of the year. Since then, DIOD shares have increased by 20.4% and is now trading at $91.65.
View the best growth stocks for 2023 here.

Diodes saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 1,020,000 shares, a drop of 11.3% from the December 31st total of 1,150,000 shares. Based on an average trading volume of 234,700 shares, the days-to-cover ratio is currently 4.3 days. Approximately 2.3% of the company's shares are short sold.
View Diodes' Short Interest.

Diodes Incorporated (NASDAQ:DIOD) released its quarterly earnings results on Wednesday, November, 3rd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.09. The semiconductor company had revenue of $471.42 million for the quarter, compared to the consensus estimate of $467.60 million. Diodes had a trailing twelve-month return on equity of 24.01% and a net margin of 15.36%. During the same period last year, the business posted $0.62 EPS.

Diodes issued an update on its first quarter 2023 earnings guidance on Monday, February, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $466.86 million-$467.14 million, compared to the consensus revenue estimate of $466.93 million.

40 employees have rated Diodes Chief Executive Officer Keh-Shew Lu on Glassdoor.com. Keh-Shew Lu has an approval rating of 35% among the company's employees. This puts Keh-Shew Lu in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 50.0% of employees surveyed would recommend working at Diodes to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Diodes investors own include Microchip Technology (MCHP), Intel (INTC), Micron Technology (MU), Advanced Micro Devices (AMD), NVIDIA (NVDA), Skyworks Solutions (SWKS), Lam Research (LRCX), AbbVie (ABBV), Bristol-Myers Squibb (BMY) and Cisco Systems (CSCO).

Diodes trades on the NASDAQ under the ticker symbol "DIOD."

Diodes' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Congress Asset Management Co. MA (3.31%), New York State Common Retirement Fund (1.04%), Allspring Global Investments Holdings LLC (0.83%), Fisher Asset Management LLC (0.63%), Tributary Capital Management LLC (0.49%) and Congress Wealth Management LLC DE (0.36%). Insiders that own company stock include Brett R Whitmire, C H Chen, C H Chen, Emily Yang, Evan Yu, Francis Tang, Jin Zhao, Julie Holland, Keh Shew Lu, Mezerville Roberto De, Michael R Giordano, Raymond Soong and Richard Dallas White.
View institutional ownership trends.

Shares of DIOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of DIOD stock can currently be purchased for approximately $91.65.

Diodes (NASDAQ:DIOD) has a market capitalization of $4.17 billion and generates $1.98 billion in revenue each year. The semiconductor company earns $228.76 million in net income (profit) each year or $6.65 on an earnings per share basis.

The company employs 8,921 workers across the globe.

Diodes' mailing address is 4949 Hedgcoxe Road Suite 200, Plano TX, 75024. The official website for the company is www.diodes.com. The semiconductor company can be reached via phone at (972) 987-3900, via email at laura_mehrl@diodes.com, or via fax at 972-731-3510.