Diodes - DIOD Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Diodes in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DIOD shares.
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3 analysts have issued 12 month price objectives for Diodes' shares. Their DIOD share price forecasts range from $75.00 to $101.00. On average, they expect the company's share price to reach $92.20 in the next year. This suggests a possible upside of 2.4% from the stock's current price.
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Diodes' stock was trading at $76.14 at the beginning of 2023. Since then, DIOD stock has increased by 18.3% and is now trading at $90.06.
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Diodes saw a drop in short interest in 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 daily volume of 234,700 shares, the short-interest ratio is presently 4.3 days. Currently, 2.3% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
View our DIOD earnings forecast.

Diodes will be holding an earnings conference call on Monday, February 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1311288".

Diodes Incorporated (NASDAQ:DIOD) announced its quarterly earnings data on Monday, November, 7th. The semiconductor company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.86 by $0.14. The semiconductor company earned $521.27 million during the quarter, compared to analysts' expectations of $521.10 million. Diodes had a net margin of 15.36% and a trailing twelve-month return on equity of 24.01%.

Diodes updated its fourth quarter 2022 earnings guidance on Monday, November, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $479.18 million-$508.82 million, compared to the consensus revenue estimate of $493.48 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 many different institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (3.31%), Allspring Global Investments Holdings LLC (0.83%), Wedge Capital Management L L P NC (0.28%), Comerica Bank (0.15%), RBA Wealth Management LLC (0.11%) and Centric Wealth Management (0.08%). 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.
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One share of DIOD stock can currently be purchased for approximately $90.06.

Diodes (NASDAQ:DIOD) has a market capitalization of $4.10 billion and generates $1.81 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.