Diodes Incorporated (DIOD)
NASDAQ: DIOD · IEX Real-Time Price · USD
79.36
-2.47 (-3.02%)
At close: Jul 19, 2024, 4:00 PM
80.24
+0.88 (1.11%)
Pre-market: Jul 22, 2024, 7:24 AM EDT
Diodes Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Diodes stock have an average target of 71.5, with a low estimate of 70 and a high estimate of 74. The average target predicts a decrease of -9.90% from the current stock price of 79.36.
Analyst Consensus: Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for Diodes stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $67 → $74 | Hold | Maintains | $67 → $74 | -6.75% | May 10, 2024 |
| Baird | Baird | Hold Maintains $56 → $72 | Hold | Maintains | $56 → $72 | -9.27% | May 10, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $78 → $67 | Hold | Maintains | $78 → $67 | -15.57% | Feb 7, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $80 → $70 | Hold | Maintains | $80 → $70 | -11.79% | Feb 7, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $78 | Strong Buy → Hold | Downgrades | $78 | -1.71% | Jan 5, 2024 |
Financial Forecast
Revenue This Year
1.34B
from 1.66B
Decreased by -19.12%
Revenue Next Year
1.56B
from 1.34B
Increased by 16.29%
EPS This Year
1.68
from 4.91
Decreased by -65.83%
EPS Next Year
3.22
from 1.68
Increased by 92.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.4B | 1.8B | 1.8B |
| Avg | 1.3B | 1.6B | 1.7B |
| Low | 1.2B | 1.3B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -14.7% | 30.2% | 13.6% |
| Avg | -19.1% | 16.3% | 10.4% |
| Low | -25.0% | -1.0% | 6.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.06 | 4.58 | 3.20 |
| Avg | 1.68 | 3.22 | 3.11 |
| Low | 1.23 | 1.96 | 2.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -58.1% | 172.8% | -0.6% |
| Avg | -65.8% | 92.1% | -3.5% |
| Low | -75.1% | 16.8% | -7.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.