Diodes (NASDAQ:DIOD – Free Report) had its target price trimmed by Needham & Company LLC from $110.00 to $100.00 in a research report report published on Friday morning,Benzinga reports. The firm currently has a buy rating on the semiconductor company’s stock.
Other equities research analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of Diodes from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 24th. Truist Financial lowered their price objective on shares of Diodes from $139.00 to $133.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Zacks Research lowered shares of Diodes from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Robert W. Baird set a $192.00 price target on shares of Diodes in a report on Thursday, August 6th. Finally, Bank of America began coverage on Diodes in a research note on Tuesday, October 6th. They issued a “buy” rating and a $135.00 price target for the company. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $129.17.
View Our Latest Stock Report on DIOD
Diodes Price Performance
DIOD traded up $9.00 during trading on Friday, hitting $77.36. 881,452 shares of the stock traded hands, compared to its average volume of 515,789. Diodes has a twelve month low of $42.28 and a twelve month high of $125.99. The company has a market cap of $3.56 billion, a price-to-earnings ratio of 31.07 and a beta of 1.96. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 1.99. The business has a 50 day moving average price of $90.04 and a 200 day moving average price of $87.94.
Diodes (NASDAQ:DIOD – Get Free Report) last issued its earnings results on Thursday, November 5th. The semiconductor company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.13. Diodes had a return on equity of 4.33% and a net margin of 5.27%. The firm had revenue of $532.59 million for the quarter, compared to the consensus estimate of $512.94 million. During the same quarter last year, the business posted $0.37 EPS. The company’s revenue was up 35.8% compared to the same quarter last year. Equities research analysts forecast that Diodes will post 3.18 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Diodes
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP acquired a new stake in Diodes during the 2nd quarter worth about $10,112,000. Bank of America Corp DE acquired a new position in shares of Diodes in the 2nd quarter valued at about $21,374,000. The Manufacturers Life Insurance Company bought a new stake in shares of Diodes during the 2nd quarter valued at about $2,473,000. HighTower Advisors LLC boosted its position in shares of Diodes by 1,033.0% during the 2nd quarter. HighTower Advisors LLC now owns 38,726 shares of the semiconductor company’s stock valued at $4,238,000 after purchasing an additional 35,308 shares in the last quarter. Finally, J. Goldman & Co LP acquired a new stake in Diodes during the second quarter worth approximately $2,908,000. 99.23% of the stock is owned by institutional investors and hedge funds.
Diodes News Roundup
Here are the key news stories impacting Diodes this week:
- Positive Sentiment: Diodes reported record Q3 revenue of $532.6 million, up 35.8% year over year and 19.5% sequentially. Adjusted? No—reported earnings were $1.18 per share, beating the $1.05 consensus estimate; gross profit also rose to $192.5 million from $120.5 million a year earlier. Diodes Q3 2026 results
- Positive Sentiment: The company introduced dual-channel isolated gate drivers for half-bridge and independent gate-drive designs. The products expand Diodes’ offerings for switching applications, though the announcement did not provide sales or earnings projections. Dual-channel isolated gate drivers announcement
- Neutral Sentiment: Needham lowered its price target from $110 to $100 but maintained a Buy rating. The lower target is a modest reduction in analyst expectations, while the retained rating remains supportive. Needham analyst recommendations
Diodes Company Profile
Diodes Incorporated (NASDAQ: DIOD) is a semiconductor manufacturer that designs, manufactures and supplies discrete, analog, and mixed-signal semiconductor products. Its portfolio includes diodes, rectifiers, transistors, MOSFETs, power-management devices, protection products, logic components, LED drivers, and application-specific semiconductor solutions.
The company’s products are used in power conversion and management, signal processing, circuit protection, lighting, automotive systems, communications equipment, and consumer and industrial electronics.
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