Diodes - DIOD Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diodes in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DIOD shares.
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5 analysts have issued twelve-month price objectives for Diodes' shares. Their DIOD share price forecasts range from $95.00 to $120.00. On average, they anticipate the company's stock price to reach $105.50 in the next year. This suggests a possible upside of 13.7% 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 on January 1st, 2023. Since then, DIOD stock has increased by 21.8% and is now trading at $92.76.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our DIOD earnings forecast.

Diodes Incorporated (NASDAQ:DIOD) posted its quarterly earnings data on Monday, February, 6th. The semiconductor company reported $1.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.64 by $0.09. The semiconductor company earned $496.20 million during the quarter, compared to analyst estimates of $492.68 million. Diodes had a net margin of 16.56% and a trailing twelve-month return on equity of 23.28%. The company's revenue was up 3.3% on a year-over-year basis. During the same period last year, the business earned $1.60 earnings per share.

ETFs with the largest weight of Diodes (NASDAQ:DIOD) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), Janus Henderson Small Cap Growth Alpha ETF (JSML), SPDR S&P Semiconductor ETF (XSD), Invesco Dynamic Semiconductors ETF (PSI), iShares Future Cloud 5G and Tech ETF (IDAT), Invesco S&P SmallCap Quality ETF (XSHQ), SPDR S&P 600 Small Cap Growth ETF (SLYG) and Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD).

Diodes issued an update on its first quarter 2023 earnings guidance on Monday, February, 6th. The company provided earnings per share 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."

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.
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One share of DIOD stock can currently be purchased for approximately $92.76.

Diodes (NASDAQ:DIOD) has a market capitalization of $4.22 billion and generates $2.00 billion in revenue each year. The semiconductor company earns $331.28 million in net income (profit) each year or $7.22 on an earnings per share basis.

The company employs 8,877 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.