Diodes Q4 revenue beats estimates on automotive market growth

Reuters
Yesterday
Diodes Q4 revenue beats estimates on automotive market growth

Overview

  • Semiconductor firm's preliminary Q4 revenue rose 15% yr/yr, beating analyst expectations

  • Adjusted EPS for Q4 beat analyst expectations

  • Company saw improvements in gross margin due to favorable product mix

Outlook

  • Diodes expects Q1 2026 revenue of $395 mln, plus or minus 3%

  • Company anticipates Q1 2026 GAAP gross margin of 31.5%, plus or minus 1%

Result Drivers

  • AI SERVER DEMAND - Significant growth in the computing market driven by AI server-related applications

  • AUTOMOTIVE MARKET GROWTH - Growth in automotive market improved product mix and gross margin

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

Beat

$391.58 mln

$380.08 mln (3 Analysts)

Q4 Adjusted EPS

Beat

$0.34

$0.27 (3 Analysts)

Q4 EPS

$0.22

Q4 Net Income

$10.20 mln

Q4 EBIT

$13.21 mln

Q4 Gross Profit

$121.93 mln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the semiconductors peer group is "buy."

  • Wall Street's median 12-month price target for Diodes Inc is $60.00, about 1.8% below its February 9 closing price of $61.11

  • The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release: ID:nBw1WkG9ha

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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