Diodes (NASDAQ:DIOD – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.950-1.150 for the period, compared to the consensus estimate of 0.810. The company issued revenue guidance of $494.7 million-$525.3 million, compared to the consensus revenue estimate of $471.3 million.
Wall Street Analyst Weigh In
Several research firms have issued reports on DIOD. Truist Financial cut their price target on Diodes from $139.00 to $133.00 and set a “buy” rating for the company in a report on Thursday. Robert W. Baird set a $192.00 price objective on Diodes in a research report on Thursday. Zacks Research downgraded Diodes from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Diodes in a report on Wednesday, July 15th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $135.00.
Check Out Our Latest Analysis on DIOD
Diodes Price Performance
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, beating the consensus estimate of $0.63 by $0.07. Diodes had a return on equity of 3.48% and a net margin of 5.50%.The company had revenue of $445.53 million for the quarter, compared to the consensus estimate of $436.60 million. During the same quarter last year, the company earned $0.32 EPS. The firm’s quarterly revenue was up 21.7% on a year-over-year basis. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. Analysts expect that Diodes will post 2.58 earnings per share for the current fiscal year.
Insider Transactions at Diodes
In other Diodes news, insider Jin Zhao sold 3,689 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $106.86, for a total transaction of $394,206.54. Following the completion of the transaction, the insider owned 43,531 shares of the company’s stock, valued at $4,651,722.66. This represents a 7.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Brett R. Whitmire sold 16,556 shares of Diodes stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $103.34, for a total value of $1,710,897.04. Following the completion of the sale, the chief financial officer directly owned 44,632 shares in the company, valued at $4,612,270.88. This trade represents a 27.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 70,981 shares of company stock valued at $7,616,906. 1.70% of the stock is owned by corporate insiders.
More Diodes News
Here are the key news stories impacting Diodes this week:
- Positive Sentiment: Q2 results beat expectations: Revenue rose 21.7% year over year to $445.5 million, exceeding the $436.6 million consensus estimate. Adjusted EPS was $0.70 versus expectations of $0.63, while GAAP net income was $46.6 million, or $1.00 per diluted share. Diodes Incorporated Reports Second Quarter 2026 Financial Results
- Positive Sentiment: Strong Q3 guidance: Diodes forecast revenue of approximately $510 million, with a range of $494.7 million to $525.3 million, compared with analyst expectations of $471.3 million. Adjusted EPS guidance of $0.95 to $1.15 also exceeded the $0.81 consensus estimate. Management expects gross margin of approximately 35%. Diodes anticipates Q3 revenue of about $510 million
- Positive Sentiment: Improved operating performance and liquidity: GAAP gross profit increased to $147.6 million, or a 33.1% margin, from $115.3 million a year earlier. Operating cash flow was $68.5 million, free cash flow was $34.8 million, and the company held approximately $442 million in cash and short-term investments at quarter-end. Diodes Q2 Revenue Rises Over 20 Percent
- Positive Sentiment: Potential acquisition catalyst: Diodes is advancing its proposed ElevATE deal, which could support its strategic expansion and future growth if completed.
- Neutral Sentiment: Analyst sentiment remains favorable but target prices vary: Truist lowered its price target from $139 to $133 but maintained a “buy” rating. The broader analyst consensus price target was reported at $113, suggesting continued upside based on the referenced stock level.
- Negative Sentiment: Insider selling is a risk signal: Reported insider activity over the past six months showed 22 sales and no purchases, including sizable sales by executives. Such activity may temper investor enthusiasm, although it does not necessarily reflect the company’s operating outlook.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. Captrust Financial Advisors grew its holdings in Diodes by 3.1% in the fourth quarter. Captrust Financial Advisors now owns 4,882 shares of the semiconductor company’s stock valued at $241,000 after purchasing an additional 145 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Diodes by 77.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 470 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 205 shares in the last quarter. Amundi lifted its position in shares of Diodes by 2.2% during the 3rd quarter. Amundi now owns 16,587 shares of the semiconductor company’s stock valued at $879,000 after buying an additional 353 shares in the last quarter. California State Teachers Retirement System grew its stake in Diodes by 0.9% in the 2nd quarter. California State Teachers Retirement System now owns 42,805 shares of the semiconductor company’s stock valued at $2,264,000 after acquiring an additional 397 shares during the period. Finally, Smartleaf Asset Management LLC increased its holdings in Diodes by 34.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,536 shares of the semiconductor company’s stock worth $77,000 after acquiring an additional 397 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors.
Diodes Company Profile
Diodes Incorporated (NASDAQ: DIOD) is a global manufacturer and supplier of high‐performance discrete, logic, analog and mixed‐signal semiconductor products. Headquartered in Plano, Texas, the company designs and develops a broad range of discrete components, standard logic functions, power management circuits, interface products and array products. Its portfolio includes rectifiers, MOSFETs, general‐purpose diodes, voltage regulators, comparators, buffers and other building blocks for electronic systems.
Diodes Incorporated serves a variety of end markets such as automotive, computing, communications, consumer electronics, industrial and lighting.
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