NYSE:DQ Daqo New Energy (DQ) Stock Price, News & Analysis → Stock-Picking AI Predicts #1 Stock of 2024 (From Altimetry) (Ad) Free dq Stock Alerts $18.91 -0.23 (-1.20%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$18.59▼$19.8450-Day Range$18.76▼$29.4252-Week Range$17.30▼$45.01Volume1.49 million shsAverage Volume843,412 shsMarket Capitalization$1.24 billionP/E Ratio8.88Dividend YieldN/APrice Target$32.93 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Daqo New Energy alerts: Email Address Daqo New Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside74.1% Upside$32.93 Price TargetShort InterestHealthy4.43% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.41Based on 23 Articles This WeekInsider TradingN/AProj. Earnings Growth91.12%From $2.59 to $4.95 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.32 out of 5 starsBasic Materials Sector32nd out of 172 stocksSemiconductors & Related Devices Industry22nd out of 90 stocks 3.0 Analyst's Opinion Consensus RatingDaqo New Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageDaqo New Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.43% of the outstanding shares of Daqo New Energy have been sold short.Short Interest Ratio / Days to CoverDaqo New Energy has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Daqo New Energy has recently decreased by 24.61%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldDaqo New Energy does not currently pay a dividend.Dividend GrowthDaqo New Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DQ. Previous Next 2.4 News and Social Media Coverage News SentimentDaqo New Energy has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 23 news articles for Daqo New Energy this week, compared to 3 articles on an average week.Search InterestOnly 4 people have searched for DQ on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.MarketBeat Follows8 people have added Daqo New Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Daqo New Energy insiders have not sold or bought any company stock.Percentage Held by Insiders24.30% of the stock of Daqo New Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions47.22% of the stock of Daqo New Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Daqo New Energy are expected to grow by 91.12% in the coming year, from $2.59 to $4.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daqo New Energy is 8.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 8.88, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 141.79.Price to Book Value per Share RatioDaqo New Energy has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Daqo New Energy Stock (NYSE:DQ)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. in August 2009. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the People's Republic of China.Read More DQ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DQ Stock News HeadlinesMay 2, 2024 | marketbeat.comWall Street Believes in First Solar Stock’s Bull CycleFirst Solar stock's earnings dip is now a potential opportunity for investors. Higher oil prices may make solar a more attractive source, pushing EPS higherApril 22, 2024 | marketbeat.com3 Cheap Stocks That Shouldn’t Be So (DQ)Three stocks could become buy targets around fears that interest rate cuts won't come, these businesses bet that cuts could actually be around the corner.May 5, 2024 | Behind the Markets (Ad)The only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.April 22, 2024 | marketbeat.com3 Cheap Stocks That Shouldn't Be SoCertain stocks fall out of favor once every business cycle, whether for actual justifiable reasons or because of plain overlooking. Markets can get busy and caught up with sectors that make the most noise, such as the U.S. technology sector, which has been taken to all-time highs by names like Nvidia Co. NASDAQ: NVDA.May 4, 2024 | finance.yahoo.comAnalysts Just Shaved Their Daqo New Energy Corp. (NYSE:DQ) Forecasts DramaticallyMay 3, 2024 | finance.yahoo.comEarnings Miss: Daqo New Energy Corp. Missed EPS By 57% And Analysts Are Revising Their ForecastsMay 3, 2024 | americanbankingnews.comAnalysts Set Daqo New Energy Corp. (NYSE:DQ) Target Price at $32.93May 2, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Trading Down 6% on Disappointing EarningsMay 5, 2024 | Behind the Markets (Ad)The only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.May 1, 2024 | finance.yahoo.comDaqo New Energy Corp. (NYSE:DQ) Q1 2024 Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comDaqo New Energy First Quarter 2024 Earnings: Misses ExpectationsMay 1, 2024 | americanbankingnews.comDaqo New Energy's (DQ) "Neutral" Rating Reaffirmed at Roth MkmMay 1, 2024 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Trading Down 6% After Earnings MissApril 30, 2024 | seekingalpha.comDaqo New Energy: There May Be More Pain Ahead In The Short TermApril 30, 2024 | marketwatch.comDaqo New Energy Stock Drops After 1Q Results PlummetApril 29, 2024 | msn.comWhy Polysilicon Company Daqo New Energy's Shares Are Diving MondayApril 29, 2024 | msn.comDaqo New Energy sinks after weaker polysilicon ASPs weigh revenuesApril 29, 2024 | seekingalpha.comDaqo New Energy Corp. 2024 Q1 - Results - Earnings Call PresentationApril 29, 2024 | prnewswire.comDaqo New Energy Files Annual Report on Form 20-F for Fiscal Year 2023April 29, 2024 | markets.businessinsider.comDaqo New Energy Q1 Net Profit Tanks; Stock Down In Pre-marketApril 29, 2024 | prnewswire.comDaqo New Energy Announces Unaudited First Quarter 2024 ResultsApril 20, 2024 | seekingalpha.comDaqo New Energy Remains Too Cheap To Ignore - Bullish Support Is HereApril 16, 2024 | finance.yahoo.comDaqo New Energy to Announce Unaudited Results for the First Quarter of 2024 on April, 29, 2024April 6, 2024 | investorplace.comThe Underdog Uprising: 3 Stocks Ready to Defy Expectations and SoarApril 3, 2024 | seekingalpha.comDaqo New Energy: An Opportunity To Buy The Company For Cents On The DollarApril 1, 2024 | finance.yahoo.comDaqo New Energy's Subsidiary Xinjiang Daqo Proposes 2023 Cash Dividend for Approval at Its Annual Shareholders' MeetingMarch 27, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Daqo New Energy Corp. - DQSee More Headlines Receive DQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Daqo New Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/29/2024Today5/05/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNYSE:DQ CUSIPN/A CIK1477641 Webwww.dqsolar.com Phone862150752918Fax86-21-5836-7021Employees4,099Year Founded2007Price Target and Rating Average Stock Price Target$32.93 High Stock Price Target$45.00 Low Stock Price Target$23.00 Potential Upside/Downside+74.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.13 Trailing P/E Ratio8.88 Forward P/E Ratio7.30 P/E GrowthN/ANet Income$421.16 million Net Margins7.84% Pretax Margin37.96% Return on Equity2.46% Return on Assets2.15% Debt Debt-to-Equity RatioN/A Current Ratio4.59 Quick Ratio4.00 Sales & Book Value Annual Sales$2.31 billion Price / Sales0.54 Cash Flow$7.39 per share Price / Cash Flow2.56 Book Value$97.20 per share Price / Book0.19Miscellaneous Outstanding Shares65,700,000Free Float49,735,000Market Cap$1.24 billion OptionableOptionable Beta0.32 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Xiang Xu (Age 53)Chairman & CEO Mr. Guangfu Xu (Age 81)Founder & Director Mr. Ming Yang (Age 51)Chief Financial Officer Mr. Kevin HeHead of Investor RelationsKey CompetitorsCenterra GoldNYSE:CGAUSeabridge GoldNYSE:SAU.S. SilicaNYSE:SLCAKronos WorldwideNYSE:KROGreen PlainsNASDAQ:GPREView All CompetitorsInstitutional OwnershipGSA Capital Partners LLPSold 5,354 shares on 5/3/2024Ownership: 0.037%Daiwa Securities Group Inc.Bought 9,100 shares on 5/2/2024Ownership: 0.014%BNP Paribas Financial MarketsBought 409,057 shares on 5/1/2024Ownership: 1.061%Mirae Asset Global Investments Co. Ltd.Bought 16,710 shares on 5/1/2024Ownership: 0.191%Capstone Investment Advisors LLCBought 9,361 shares on 5/1/2024Ownership: 0.014%View All Institutional Transactions DQ Stock Analysis - Frequently Asked Questions Should I buy or sell Daqo New Energy stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Daqo New Energy in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DQ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DQ, but not buy additional shares or sell existing shares. View DQ analyst ratings or view top-rated stocks. What is Daqo New Energy's stock price target for 2024? 4 analysts have issued 1 year price objectives for Daqo New Energy's shares. Their DQ share price targets range from $23.00 to $45.00. On average, they expect the company's share price to reach $32.93 in the next year. This suggests a possible upside of 74.1% from the stock's current price. View analysts price targets for DQ or view top-rated stocks among Wall Street analysts. How have DQ shares performed in 2024? Daqo New Energy's stock was trading at $26.60 at the beginning of the year. Since then, DQ shares have decreased by 28.9% and is now trading at $18.91. View the best growth stocks for 2024 here. Are investors shorting Daqo New Energy? Daqo New Energy saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 2,910,000 shares, a decrease of 24.6% from the March 31st total of 3,860,000 shares. Based on an average daily volume of 1,290,000 shares, the days-to-cover ratio is currently 2.3 days. View Daqo New Energy's Short Interest. When is Daqo New Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our DQ earnings forecast. How were Daqo New Energy's earnings last quarter? Daqo New Energy Corp. (NYSE:DQ) announced its earnings results on Monday, April, 29th. The semiconductor company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.56 by $0.32. The semiconductor company earned $415.31 million during the quarter, compared to analysts' expectations of $491.90 million. Daqo New Energy had a trailing twelve-month return on equity of 2.46% and a net margin of 7.84%. During the same period in the prior year, the company earned $3.52 earnings per share. What ETFs hold Daqo New Energy's stock? ETFs with the largest weight of Daqo New Energy (NYSE:DQ) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), SPDR S&P Kensho Clean Power ETF (CNRG), Invesco Solar ETF (TAN), Global X Clean Tech ETF (CTEC), Global X MSCI China Information Technology ETF (CHIK), ERShares NextGen Entrepreneurs ETF (ERSX), iShares Breakthrough Environmental Solutions ETF (ETEC) and iShares MSCI China Small-Cap ETF (ECNS). When did Daqo New Energy's stock split? Daqo New Energy's stock split before market open on Tuesday, November 17th 2020. The 5-1 split was announced on Monday, October 26th 2020. The newly issued shares were distributed to shareholders after the market closes on Monday, November 16th 2020. An investor that had 100 shares of stock prior to the split would have 500 shares after the split. How will Daqo New Energy's stock buyback program work? Daqo New Energy declared that its board has initiated a share repurchase plan on Wednesday, June 1st 2022, which permits the company to repurchase $0.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued. What other stocks do shareholders of Daqo New Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Daqo New Energy investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), JD.com (JD), PayPal (PYPL), QUALCOMM (QCOM), Block (SQ), Enphase Energy (ENPH) and Netflix (NFLX). Who are Daqo New Energy's major shareholders? Daqo New Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Ariose Capital Management Ltd (1.45%), BNP Paribas Financial Markets (1.06%), Mirae Asset Global Investments Co. Ltd. (0.19%), Simplex Trading LLC (0.00%), GSA Capital Partners LLP (0.04%) and Harel Insurance Investments & Financial Services Ltd. (0.02%). How do I buy shares of Daqo New Energy? Shares of DQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Daqo New Energy have any subsidiaries? The following companies are subsidiares of Daqo New Energy: Chongqing Daqo New Energy Co. Ltd., Daqo New Energy (Hong Kong) Co. Limited, Xinjiang Daqo Guodi Silicon Material Technology Co. Ltd., Xinjiang Daqo Investment Co. Ltd., Xinjiang Daqo Lvchuang Environmental Technology Co. Ltd., and Xinjiang Daqo New Energy Co. Ltd..Read More This page (NYSE:DQ) was last updated on 5/5/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? Porter & CompanyCould Your Accounts Be Frozen?Allegiance GoldThe asset beating inflation by 4xColonial MetalsForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersThe only AI company you should be looking atBehind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Daqo New Energy Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
