Diodes (NASDAQ:DIOD) Issues Earnings Results, Beats Estimates By $0.08 EPS

Diodes (NASDAQ:DIOD) announced its quarterly earnings data on Thursday. The semiconductor company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.08, FiscalAI reports. Diodes had a net margin of 5.50% and a return on equity of 3.49%. The firm had revenue of $405.47 million for the quarter, compared to the consensus estimate of $396.33 million. During the same period in the previous year, the firm posted $0.19 earnings per share. The firm’s revenue was up 22.1% on a year-over-year basis.

Here are the key takeaways from Diodes’ conference call:

• Q1 revenue grew 22.1% year‑over‑year and 3.5% sequentially, marking the sixth consecutive quarter of double‑digit YoY growth with Europe leading the recovery driven by automotive and industrial demand.
• Profitability improved materially: gross margin rose to 31.8% (up ~70 bps sequentially), GAAP net income was $15.0M versus a loss a year ago, and EBITDA expanded substantially year‑over‑year, demonstrating operating leverage.
• Management provided strong Q2 targets: revenue ~$435M ±3%, GAAP gross margin ~32.8% ±1%, and non‑GAAP adjusted EPS ~$0.60 ±$0.10, implying continued above‑seasonal sequential growth and ongoing progress toward the company’s 3‑year financial goals.
• Operationally, inventory days declined to ~157 days (from 187 a year ago) and Q1 CapEx was $31.9M (7.9% of revenue), but fab utilization improvements depend on multi‑year customer qualifications with normalization expected more fully in 2027–2028.
• Design‑win momentum across key areas—automotive, industrial, and AI/data‑center applications—drives tailwinds (automotive + industrial = 44% of product revenue), including traction for SiC MOSFETs, power management, protection devices, and AI server power solutions.

Diodes Stock Down 1.0%

NASDAQ DIOD traded down $1.18 during trading on Friday, reaching $111.41. The company’s stock had a trading volume of 1,032,086 shares, compared to its average volume of 653,017. The company has a current ratio of 3.32, a quick ratio of 2.08 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $5.13 billion, a PE ratio of 60.55 and a beta of 1.93. The business has a 50-day moving average price of $79.33 and a 200-day moving average price of $63.17. Diodes has a 1-year low of $41.51 and a 1-year high of $117.80.

Wall Street Analysts Forecast Growth

DIOD has been the topic of a number of research analyst reports. Truist Financial boosted their price objective on shares of Diodes from $98.00 to $139.00 and gave the company a “buy” rating in a research report on Friday. Robert W. Baird set a $120.00 price objective on shares of Diodes in a research report on Friday. Weiss Ratings raised shares of Diodes from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, January 21st. Benchmark boosted their price objective on shares of Diodes from $62.00 to $80.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Finally, Zacks Research raised shares of Diodes from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $113.00.

Insider Transactions at Diodes

In other Diodes news, Director Keh Shew Lu sold 111,000 shares of Diodes stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $67.76, for a total value of $7,521,360.00. Following the completion of the sale, the director directly owned 180,131 shares in the company, valued at $12,205,676.56. The trade was a 38.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.70% of the stock is owned by company insiders.

Institutional Trading of Diodes

Institutional investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors lifted its stake in shares of Diodes by 3.1% in the fourth quarter. Captrust Financial Advisors now owns 4,882 shares of the semiconductor company’s stock worth $241,000 after buying an additional 145 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in 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 purchasing an additional 205 shares during the last quarter. Amundi raised its stake in 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 purchasing an additional 353 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Diodes by 34.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,536 shares of the semiconductor company’s stock valued at $77,000 after purchasing an additional 397 shares during the last quarter. Finally, California State Teachers Retirement System raised its stake in shares of 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 buying an additional 397 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Diodes

Here are the key news stories impacting Diodes this week:

• Positive Sentiment: Truist Financial raised its price target on Diodes from $98 to $139 and reiterated a buy rating, signaling confidence in additional upside for the stock. Benzinga
• Positive Sentiment: Diodes reported Q1 revenue of $405.5 million, above analyst expectations, and EPS of $0.43, topping estimates of $0.35, reflecting stronger-than-expected demand. Diodes Incorporated Reports First Quarter 2026 Financial Results
• Positive Sentiment: The company guided Q2 revenue to $422 million-$448.1 million, roughly in line to above consensus, and said demand is being supported by automotive, industrial and AI server markets, which points to improving near-term momentum. Seeking Alpha
• Neutral Sentiment: Investors are also parsing the earnings call transcript and snapshot reports for details on margin trends and the sustainability of the recent rebound. Motley Fool

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.