Diodes stock reports 21.7 percent Q2 revenue growth

Published on 10/07/2026 at 06:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank of America set a USD 135.00 target for Diodes stock on October 6, 2026, while six analysts give it a Buy consensus. Q3 guidance spans USD 0.950-1.150 EPS.

DIOD, US2545431015, Illustration mit AI erstellt.

Diodes stock (ISIN US2545431015) was last at USD 107.74 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, up 4.07 percent from the prior close. The latest quarterly picture combines 21.7 percent annual revenue growth with fresh analyst support.

Revenue beats consensus estimates

In Q2 2026, Diodes generated USD 445.53 million in revenue, compared with the USD 436.60 million consensus estimate, according to MarketBeat. Quarterly EPS came in at USD 0.70 against a USD 0.63 estimate, while revenue rose 21.7 percent from the same quarter a year earlier.

The company also issued Q3 2026 EPS guidance of USD 0.950-1.150. That range places execution, rather than demand alone, at the center of the next earnings test because the Q2 margin and profit comparison still has to translate into another quarter of expansion.

Bank of America raises the stakes

Bank of America initiated coverage with a Buy rating and a USD 135.00 price target on October 6, 2026, as Yahoo Finance reported. The target lies 25.3 percent above the USD 107.74 Nasdaq price, using the same-day quotation.

The broader analyst picture is also positive. MarketBeat lists one Strong Buy, four Buy ratings and one Hold rating, producing a six-analyst consensus of Buy with an average target of USD 135.00. The counter-factor is valuation: the stock remains below its USD 125.99 52-week high but well above its USD 42.28 low.

Acquisition adds a margin test

Diodes completed its USD 250 million all-cash acquisition of ElevATE Semiconductor on August 27, 2026. According to Zacks on September 30, 2026, management expects the deal to contribute USD 50 million in revenue during its first 12 months and to support higher-margin analog and mixed-signal products.

Investing.com lists November 5, 2026 as the next earnings date. For investors, that report will connect the Q3 guidance range with the integration economics of ElevATE and the demand recovery in automotive, computing and industrial markets.

Diodes stock stays below its yearly high

Diodes stock was last at USD 107.74 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, with a 52-week range of USD 42.28 to USD 125.99 and market capitalization of USD 4.95 billion.