Bank of America sets USD 135 target for Diodes stock

Published on 10/07/2026 at 07:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 445.53 million, up 21.70 percent year over year. Diodes stock saw USD 0.70 per share versus USD 0.60 consensus.

DIOD, US2545431015, Illustration mit AI erstellt.

Diodes Incorporated stock (ISIN US2545431015) is anchored by a new USD 135.00 price target from Bank of America, which began coverage with a Buy rating on October 6, 2026. The semiconductor maker's second-quarter revenue reached USD 445.53 million, up 21.70 percent from the same quarter last year.

Bank of America starts coverage

According to Investing.com on October 6, 2026, BofA Securities initiated coverage with a Buy rating and a USD 135.00 target. The bank expects adjusted earnings per share to grow at a 58.00 percent compound annual rate from 2026 through 2028.

The target is based on 17.00 times BofA's 2028 pro forma earnings estimate, according to the same October 6 report. That valuation view gives the analyst call a clear operating test: Diodes must convert demand in power management, timing and connectivity products into sustained earnings growth.

Second-quarter figures raise the bar

MarketBeat reported that Diodes earned USD 0.70 in adjusted earnings per share in the second quarter of 2026, versus USD 0.63 consensus. Revenue of USD 445.53 million exceeded the USD 436.60 million estimate, while the company set third-quarter 2026 adjusted earnings guidance at USD 0.95-1.15 per share.

The finance statements show second-quarter gross profit of USD 147.57 million and a 33.00 percent gross margin. Operating cash flow reached USD 68.48 million in the same period, adding balance-sheet support to the growth case while communication revenue declined sequentially, according to the October 6 analyst report.

Nasdaq range frames the target

On Nasdaq, DIOD was last at USD 107.74 on October 6, 2026 at 4:00 p.m. ET, while its 52-week range was USD 42.28 to USD 125.99. The USD 135.00 BofA target therefore stood USD 27.26 above that Nasdaq reference price, a 25.30 percent gap calculated in the same currency.

Diodes Incorporated describes its portfolio as covering analog, power, discrete, logic and mixed-signal semiconductor products for automotive, industrial, computing, consumer electronics and communications markets. Its investor page lists the second-quarter 2026 presentation dated August 5, 2026 and a September 24, 2026 release on automotive Super Barrier Rectifier devices.

Euro reference stays dated

The Lang & Schwarz prior close for the reference data set was EUR 95.75 on October 5, 2026. For investors comparing venues, the Nasdaq figure and the euro prior close are separate market references and are not combined into one daily change.

The further course of trading is shown by the continuously updated real-time quote of Diodes stock.