Daqo New Energy (DQ) to Release Quarterly Earnings on Tuesday

Daqo New Energy (NYSE:DQ - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect Daqo New Energy to post earnings of ($1.02) per share and revenue of $176.81 million for the quarter.

Daqo New Energy (NYSE:DQ - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The semiconductor company reported ($2.71) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.69) by ($2.02). The company had revenue of $195.36 million for the quarter, compared to analysts' expectations of $153.54 million. Daqo New Energy had a negative net margin of 9.16% and a negative return on equity of 1.90%. On average, analysts expect Daqo New Energy to post $-4 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Daqo New Energy Trading Up 2.4 %

Daqo New Energy stock traded up $0.35 during trading hours on Friday, hitting $14.83. 900,425 shares of the stock traded hands, compared to its average volume of 1,055,845. Daqo New Energy has a one year low of $12.90 and a one year high of $30.85. The company has a market cap of $978.88 million, a PE ratio of -8.02 and a beta of 0.37. The firm's 50-day moving average price is $17.58 and its two-hundred day moving average price is $19.13.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on DQ shares. StockNews.com upgraded Daqo New Energy to a "sell" rating in a report on Monday, April 21st. The Goldman Sachs Group lowered shares of Daqo New Energy from a "buy" rating to a "neutral" rating and set a $17.00 price target for the company. in a research note on Tuesday, April 15th. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $21.21.

About Daqo New Energy

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp.