Diodes Incorporated (DIOD)
NASDAQ: DIOD · IEX Real-Time Price · USD
67.16
-1.22 (-1.78%)
At close: Apr 17, 2024, 4:00 PM
68.50
+1.34 (2.00%)
After-hours: Apr 17, 2024, 4:10 PM EDT
Diodes Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Diodes stock have an average target of 69.25, with a low estimate of 67 and a high estimate of 70. The average target predicts an increase of 3.11% from the current stock price of 67.16.
Analyst Consensus: Buy
* Price targets were last updated on Feb 7, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $78 → $67 | Hold | Maintains | $78 → $67 | -0.24% | Feb 7, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $80 → $70 | Hold | Maintains | $80 → $70 | +4.23% | Feb 7, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $78 | Strong Buy → Hold | Downgrades | $78 | +16.14% | Jan 5, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $93 → $72 | Strong Buy | Maintains | $93 → $72 | +7.21% | Nov 9, 2023 |
| Benchmark | Benchmark | Strong Buy Maintains $95 → $70 | Strong Buy | Maintains | $95 → $70 | +4.23% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
1.39B
from 1.66B
Decreased by -16.17%
Revenue Next Year
1.62B
from 1.39B
Increased by 16.08%
EPS This Year
2.32
from 4.91
Decreased by -52.72%
EPS Next Year
3.91
from 2.32
Increased by 68.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.5B | 1.8B | 1.9B |
| Avg | 1.4B | 1.6B | 1.9B |
| Low | 1.3B | 1.3B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -9.2% | 26.8% | 18.7% |
| Avg | -16.2% | 16.1% | 15.3% |
| Low | -24.5% | -6.0% | 10.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.84 | 5.00 | 5.06 |
| Avg | 2.32 | 3.91 | 4.92 |
| Low | 1.58 | 2.21 | 4.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -42.3% | 115.3% | 29.3% |
| Avg | -52.7% | 68.6% | 25.6% |
| Low | -67.9% | -5.0% | 20.7% |
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.