Diodes (NASDAQ:DIOD) Research Coverage Started at Needham & Company LLC

Needham & Company LLC initiated coverage on shares of Diodes (NASDAQ:DIOD) in a research note released on Friday morning, Marketbeat.com reports. The firm issued a buy rating and a $110.00 price objective on the semiconductor company’s stock.

A number of other research analysts have also recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Diodes in a report on Tuesday, October 13th. Robert W. Baird set a $192.00 price target on shares of Diodes in a research report on Thursday, August 6th. Bank of America initiated coverage on shares of Diodes in a research report on Tuesday, October 6th. They issued a “buy” rating and a $135.00 price target on the stock. Wells Fargo & Company set a $135.00 price target on Diodes in a research note on Tuesday, October 6th. Finally, Zacks Research lowered Diodes from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Diodes presently has an average rating of “Moderate Buy” and a consensus target price of $130.83.

Diodes Stock Performance

Shares of Diodes stock opened at $81.07 on Friday. The business has a 50-day simple moving average of $92.51 and a 200 day simple moving average of $97.00. Diodes has a one year low of $42.28 and a one year high of $125.99. 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 firm has a market capitalization of $3.73 billion, a price-to-earnings ratio of 43.82 and a beta of 1.90.

Diodes (NASDAQ:DIOD) last announced its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.07. Diodes had a return on equity of 4.33% and a net margin of 5.27%. The business had revenue of $445.53 million for the quarter, compared to analyst estimates of $436.60 million. During the same quarter in the prior year, the company earned $0.32 earnings per share. The company’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. On average, research analysts anticipate that Diodes will post 3.18 earnings per share for the current fiscal year.

Institutional Trading of Diodes

A number of institutional investors and hedge funds have recently modified their holdings of DIOD. Signaturefd LLC lifted its holdings in Diodes by 8.7% during the third quarter. Signaturefd LLC now owns 3,476 shares of the semiconductor company’s stock worth $336,000 after acquiring an additional 277 shares during the period. Sterling Capital Management LLC grew its stake in Diodes by 360.0% in the 3rd quarter. Sterling Capital Management LLC now owns 1,403 shares of the semiconductor company’s stock valued at $136,000 after purchasing an additional 1,098 shares during the period. Inspire Investing LLC grew its stake in Diodes by 5.2% in the 3rd quarter. Inspire Investing LLC now owns 6,552 shares of the semiconductor company’s stock valued at $634,000 after purchasing an additional 325 shares during the period. Root Financial Partners LLC purchased a new stake in shares of Diodes during the 3rd quarter valued at $28,000. Finally, Nisa Investment Advisors LLC increased its position in shares of Diodes by 2.5% during the 3rd quarter. Nisa Investment Advisors LLC now owns 14,947 shares of the semiconductor company’s stock valued at $1,447,000 after purchasing an additional 366 shares during the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

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.