From Financial Modeling Prep: 2025-06-13 16:48:00

Benchmark raised Diodes (NASDAQ: DIOD) price target to $62 with a Buy rating, citing optimism around new leadership’s strategy shift. CEO Gary Yu and CFO Brett Whitmire are focusing on a customer-first approach, transitioning to a product-driven model for greater innovation and value. The goal is to increase gross margins above 40% for stronger profitability.

The strategic shift includes a focus on system-level solutions, acquisitions, and expanding the company’s role in the value chain to increase Bill of Materials (BOM) content. Management remains confident in growth despite economic uncertainties, with analysts seeing potential for revenue and margin growth as the new strategy unfolds.



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