Reading the tape
NASDAQ: DIOD
Diodes Incorporated
Technology · Semiconductors
Market Cap
$5.00B
52w High
$110.00
52w Low
$37.97
P/E
75.94
Volume
520.18K
Outstanding Shares
46.01M
Price vs Fundamentals
Why The Stock Is Moving
Optimism is getting priced inModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 172.91%Revenue (TTM): 13.04%FCF (TTM): 195.51%P/FCF: 92nd pct
What changed
The stock rose 172.91% over the last year. Revenue grew 13.04% over the trailing twelve months. Operating margin moved from 3.85% to 2.39%. Free cash flow grew 195.51% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (92nd percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 2.39% — continued expansion would be needed to justify the premium. Revenue growth of 13.04% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Diodes Incorporated designs, manufactures, and supplies application-specific standard products in the discrete, logic, analog, and mixed-signal semiconductor markets worldwide.
CEOGary Yu
SectorTechnology
IndustrySemiconductors
Employees7,829
IPO dateNov 10, 1966
Valuation
Forward P/E—
EV/EBITDA8.74
Enterprise value$2.01B
Stock splits
Jul 31, 2007↑ Forward
Every 2 shares became 3
Dec 1, 2005↑ Forward
Every 2 shares became 3
Nov 26, 2003↑ Forward
Every 2 shares became 3
Jul 17, 2000↑ Forward
Every 2 shares became 3
Profitability & growth
Revenue growth15.41%
Gross margin31.2%▼6.14%vs FY2024
Operating margin2.39%▼37.82%vs FY2024
ROE3.52%▲43.61%vs FY2024
Analyst consensus
RatingBuy
Target price$74.00▼31.92%
9
Buy
4
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $0.35 · Revenue est $396M
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