Diodes Inc. Shifting Strategy Under New Leadership, Analysts Remain Divided

Benchmark analyst David Williams has a Buy rating on Diodes Inc. (DIOD) and raised his price target to $62 from $55, citing the company's strategic shift under new leadership. The company is prioritizing higher-value opportunities, allocating capital towards selective M&A, scaling system-level solutions, and increasing content per device. These moves aim to drive top-line acceleration and margin expansion despite a challenging macro backdrop.