Diodes

DIOD · NASDAQ

$85.39+$0.62 (+0.73%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $84.77

DIOD analyst rating

BuyConsensus of 3 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy3
Hold0
Underperform0
Sell0

12-month price target · 5 analysts

Average $165.75 (+94.1% upside)

Low: $134.33
Now: $85.39
High: $201.60

Upgrades and downgrades

The latest rating actions, newest first

DIOD analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Truist Securities	Aug 6, 2026	Maintains	Buy	$139.00 → $133.00	75%
Truist Securities	May 8, 2026	Maintains	Buy	$98.00 → $139.00	75%
Truist Securities	Apr 13, 2026	Upgrade	Hold → Buy	$67.00 → $98.00	75%
Baird	Apr 7, 2026	Maintains	Outperform	$80.00 → $100.00	60%
Truist Securities	Feb 11, 2026	Maintains	Hold	$54.00 → $67.00	75%
Benchmark	Feb 11, 2026	Maintains	Buy	$62.00 → $80.00	51%
Truist Securities	Dec 19, 2025	Maintains	Hold	$51.00 → $54.00	75%
Truist Securities	Nov 7, 2025	Maintains	Hold	$54.00 → $51.00	75%

The case for and against

Updated Aug 4, 2026

Bull case

Diodes is poised for a strong cyclical recovery in the semiconductor market, and with steady above-consensus results and a modestly-above-consensus guidance for the year, investors should expect inventory growth and a solid profit margin, leading to an optimistic outlook for 2028. Management has set conservative but achievable targets for the next three years, with a revenue goal of $2 billion and gross margin of 35%, indicating a 10%+ top-line CAGR from 2026 through 2028. Additionally, a strong content strategy is driving incremental margin and share gains for the company, and with auto and industrial content in accelerated growth, we believe Diodes is well-positioned for long-term sustainable earnings growth.

Bear case

Diodes is well-positioned in the semiconductor market and delivered strong results in the most recent quarter, with sales of $405.5 million exceeding expectations by 2.3%. However, the company's guidance for the next quarter to be slightly above consensus may not be sustainable in the longer term, with potential risks including macroeconomic changes and industry growth declines. Additionally, the company's reliance on M&A for growth poses a significant risk, as any integration errors could harm its results and stock price.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.