Diodes (NASDAQ:DIOD) Releases Q3 2026 Earnings Guidance

Diodes (NASDAQ:DIOD) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.950-1.150 for the period, compared to the consensus earnings per share 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 Analysts Forecast Growth

DIOD has been the topic of a number of recent research reports. Robert W. Baird set a $120.00 price target on Diodes in a research report on Friday, May 8th. Zacks Research lowered shares of Diodes from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Truist Financial boosted their price objective on shares of Diodes from $98.00 to $139.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Diodes in a report on Wednesday, July 15th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $113.00.

Diodes Stock Down 3.1%

Shares of Diodes stock traded down $2.70 on Wednesday, reaching $85.59. The stock had a trading volume of 539,352 shares, compared to its average volume of 462,120. The company has a 50 day moving average price of $99.73 and a 200 day moving average price of $85.53. The company has a quick ratio of 1.97, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. Diodes has a 1 year low of $42.28 and a 1 year high of $125.99. The stock has a market capitalization of $3.93 billion, a P/E ratio of 46.52 and a beta of 1.91.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.63 by $0.07. The firm had revenue of $445.53 million during the quarter, compared to analyst estimates of $436.60 million. Diodes had a net margin of 5.50% and a return on equity of 3.48%. Diodes’s revenue was up 21.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.32 EPS. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. As a group, equities research analysts forecast that Diodes will post 2.58 EPS for the current year.

Insider Buying and Selling at Diodes

In related news, insider Jin Zhao sold 3,689 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $106.86, for a total transaction of $394,206.54. Following the transaction, the insider directly owned 43,531 shares in the company, valued at $4,651,722.66. The trade was a 7.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Gary Yu sold 3,632 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $110.08, for a total value of $399,810.56. Following the transaction, the chief executive officer directly owned 108,147 shares in the company, valued at $11,904,821.76. This represents a 3.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 70,981 shares of company stock valued at $7,616,906. Corporate insiders own 1.70% of the company’s stock.

Key Stories Impacting Diodes

Here are the key news stories impacting Diodes this week:

• Positive Sentiment: Second-quarter results exceeded expectations. Revenue rose to $445.5 million from $366.2 million a year earlier and $405.5 million in the prior quarter, beating the $436.6 million consensus. Adjusted EPS was $0.70, above the $0.63 estimate. GAAP gross margin also improved to 33.1% from 31.5% a year earlier. Diodes Incorporated Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Third-quarter guidance was well above analyst estimates. Diodes projected revenue of approximately $510 million, with a range of about $494.7 million to $525.3 million, versus the $471.3 million consensus. Adjusted EPS guidance of $0.95 to $1.15 also exceeded the $0.81 estimate, signaling expectations for continued sequential growth. Diodes posts strong Q2 results, projects continued growth
• Positive Sentiment: The balance sheet remains solid. Diodes reported $68.5 million in operating cash flow, $34.8 million in free cash flow and approximately $442 million in cash, cash equivalents, restricted cash and short-term investments at quarter-end. Analysts also maintain a consensus price target of $113, materially above the recent trading level. Diodes Receives $113 Consensus Price Target
• Neutral Sentiment: Investor attention is shifting to execution. The company’s Q2 net margin was 5.5%, and full-year consensus earnings are approximately $2.58 per share, leaving the stock priced at a relatively elevated earnings multiple. Strong guidance must translate into sustained profitability to support further gains.
• Negative Sentiment: Insider selling may be weighing on sentiment. Quiver Quantitative reported 22 open-market insider sales and no purchases during the past six months, including sales by the CEO, CFO and other senior executives. This does not necessarily indicate deteriorating fundamentals, but it can add pressure after a strong run-up. Diodes Q2 Revenue Rises Over 20 Percent

Hedge Funds Weigh In On Diodes

Several hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC grew its position in Diodes by 12.4% during the 1st quarter. AQR Capital Management LLC now owns 6,028 shares of the semiconductor company’s stock worth $260,000 after purchasing an additional 663 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Diodes by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,148 shares of the semiconductor company’s stock worth $1,172,000 after buying an additional 1,186 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Diodes by 13.8% in the first quarter. Goldman Sachs Group Inc. now owns 391,005 shares of the semiconductor company’s stock worth $16,880,000 after buying an additional 47,500 shares during the last quarter. Woodline Partners LP acquired a new stake in shares of Diodes during the first quarter worth $559,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Diodes by 6.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,719 shares of the semiconductor company’s stock worth $4,521,000 after buying an additional 6,708 shares during the period. Institutional investors and hedge funds own 99.23% of the company’s stock.

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.