Daqo New Energy Stock Price, News & Analysis (NYSE:DQ) $24.28 +0.27 (+1.12%) (As of 04:30 PM ET) Add Compare Share Share Today's Range$24.00▼$24.7550-Day Range$23.33▼$30.7252-Week Range$22.94▼$56.98Volume1.42 million shsAverage Volume1.06 million shsMarket Capitalization$1.88 billionP/E Ratio2.56Dividend YieldN/APrice Target$46.43 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Daqo New Energy MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside90.4% Upside$46.43 Price TargetShort InterestBearish5.72% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-37.24%From $7.09 to $4.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.06 out of 5 starsBasic Materials Sector81st out of 165 stocksSemiconductors & Related Devices Industry49th out of 87 stocks 3.1 Analyst's Opinion Consensus RatingDaqo New Energy has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $46.43, Daqo New Energy has a forecasted upside of 90.4% from its current price of $24.38.Amount of Analyst CoverageDaqo New Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.72% 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 5.Change versus previous monthShort interest in Daqo New Energy has recently increased by 7.54%, indicating that investor sentiment is decreasing 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 1.9 News and Social Media Coverage News SentimentDaqo New Energy has a news sentiment score of 0.39. 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 is a higher news sentiment than the 0.29 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Daqo New Energy this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for DQ on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Daqo New Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 Institutions57.38% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Daqo New Energy are expected to decrease by -37.24% in the coming year, from $7.09 to $4.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daqo New Energy is 2.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 2.57, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.04.Price to Book Value per Share RatioDaqo New Energy has a P/B Ratio of 0.30. 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 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 HeadlinesNovember 15, 2023 | marketbeat.comThis once-in-a-cycle deal will build your wealth like no otherDaqo New Energy could be the industry's last hope at landing a peace treaty between the United States and China's technology conflict, analysts are all over itNovember 27, 2023 | finance.yahoo.comEstimating The Intrinsic Value Of Daqo New Energy Corp. (NYSE:DQ)November 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 20, 2023 | americanbankingnews.comHead-To-Head Contrast: ASE Technology (NYSE:ASX) & Daqo New Energy (NYSE:DQ)November 19, 2023 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Shares Down 2.6% November 14, 2023 | finance.yahoo.comDaqo New Energy Announces Appointment of First Female DirectorNovember 12, 2023 | seekingalpha.comDaqo New Energy: Likely To Weather The Downturn SuccessfullyOctober 31, 2023 | finance.yahoo.comDaqo New Energy Corp. (NYSE:DQ) Q3 2023 Earnings Call TranscriptNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 31, 2023 | msn.comBiotech, Solar Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Monday TradingOctober 30, 2023 | markets.businessinsider.comWhat's Going On With Polysilicon Company Daqo New Energy's Shares Today?October 30, 2023 | finance.yahoo.comDaqo New Energy (DQ) Reports Q3 Loss, Lags Revenue EstimatesOctober 30, 2023 | finance.yahoo.comDaqo New Energy Announces Unaudited Third Quarter 2023 ResultsOctober 30, 2023 | seekingalpha.comDaqo New Energy Corp. 2023 Q3 - Results - Earnings Call PresentationOctober 16, 2023 | finance.yahoo.comDaqo New Energy (DQ): An Undervalued Gem in the Energy Sector?October 16, 2023 | finance.yahoo.comDaqo New Energy to Announce Unaudited Results for the Third Quarter of 2023 on October 30, 2023October 10, 2023 | msn.comClean energy stocks rally as France aims to double output from renewablesOctober 5, 2023 | finance.yahoo.comDaqo New Energy (DQ): A Hidden Gem in the Semiconductors IndustryOctober 3, 2023 | seekingalpha.comDaqo New Energy: A New Sunrise, But With Some CloudsSeptember 27, 2023 | finance.yahoo.comDaqo New Energy Releases Labor Due Diligence ReportSeptember 19, 2023 | msn.comDaiwa Capital Downgrades Daqo New Energy Corp - ADR (DQ)September 19, 2023 | finance.yahoo.comUnveiling Daqo New Energy (DQ)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 18, 2023 | finance.yahoo.comDaqo New Energy Corp. to Hold Annual General Meeting on October 20, 2023September 7, 2023 | finance.yahoo.comDaqo (DQ) Provides Updates on $700M Share Repurchase ProgramSeptember 5, 2023 | finance.yahoo.comDaqo New Energy Provides Update on its USD$700 Million Share Repurchase ProgramSeptember 3, 2023 | seekingalpha.comDaqo: Trifecta Of Glut, Volatile Spot Prices, And Geopolitical DiscountsSeptember 1, 2023 | finanznachrichten.deDaqo New Energy Corp. Q2 Profit Decreases, misses estimatesSee 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 Earnings10/30/2023Today11/29/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Semiconductors & related devices Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:DQ CUSIPN/A CIK1477641 Webwww.dqsolar.com Phone862150752918Fax86-21-5836-7021Employees4,099Year Founded2007Price Target and Rating Average Stock Price Target$46.43 High Stock Price Target$70.00 Low Stock Price Target$32.00 Potential Upside/Downside+93.4%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$9.48 Trailing P/E Ratio2.53 Forward P/E Ratio3.39 P/E GrowthN/ANet Income$1.82 billion Net Margins27.79% Pretax Margin50.34% Return on Equity11.36% Return on Assets9.85% Debt Debt-to-Equity RatioN/A Current Ratio4.74 Quick Ratio4.58 Sales & Book Value Annual Sales$4.61 billion Price / Sales0.40 Cash Flow$25.53 per share Price / Cash Flow0.94 Book Value$82.15 per share Price / Book0.29Miscellaneous Outstanding Shares77,270,000Free Float58,490,000Market Cap$1.85 billion OptionableOptionable Beta0.54 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Xiang Xu (Age 52)Chairman & CEO Mr. Guangfu Xu (Age 80)Founder & Director Mr. Ming Yang (Age 50)Chief Financial Officer Mr. Kevin HeHead of Investor RelationsKey CompetitorsStepanNYSE:SCLTronoxNYSE:TROXMinerals TechnologiesNYSE:MTXFirst Majestic SilverNYSE:AGSylvamoNYSE:SLVMView All CompetitorsInstitutional OwnershipDeutsche Bank AGSold 9,965 shares on 11/24/2023Ownership: 0.143%Public Sector Pension Investment BoardSold 900 shares on 11/22/2023Ownership: 0.026%Walleye Trading LLCBought 14,400 shares on 11/21/2023Ownership: 0.000%Walleye Capital LLCBought 16,500 shares on 11/21/2023Ownership: 0.000%Wolverine Trading LLCBought 9,500 shares on 11/16/2023Ownership: 0.000%View All Institutional Transactions DQ Stock Analysis - Frequently Asked Questions Should I buy or sell Daqo New Energy stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Daqo New Energy in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 Wall Street research analysts have issued 12-month price targets for Daqo New Energy's shares. Their DQ share price targets range from $32.00 to $70.00. On average, they predict the company's stock price to reach $46.43 in the next year. This suggests a possible upside of 88.0% 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 2023? Daqo New Energy's stock was trading at $38.61 at the start of the year. Since then, DQ shares have decreased by 36.1% and is now trading at $24.69. View the best growth stocks for 2023 here. Are investors shorting Daqo New Energy? Daqo New Energy saw a increase in short interest in November. As of November 15th, there was short interest totaling 4,420,000 shares, an increase of 7.5% from the October 31st total of 4,110,000 shares. Based on an average trading volume of 891,800 shares, the days-to-cover ratio is presently 5.0 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 Tuesday, February 27th 2024. View our DQ earnings forecast. How were Daqo New Energy's earnings last quarter? Daqo New Energy Corp. (NYSE:DQ) announced its quarterly earnings data on Monday, October, 30th. The semiconductor company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.70 by $1.79. The semiconductor company earned $484.84 million during the quarter, compared to analysts' expectations of $672.30 million. Daqo New Energy had a trailing twelve-month return on equity of 11.36% and a net margin of 27.79%. During the same period last year, the company earned $4.18 EPS. 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), Invesco Solar ETF (TAN), Global X Clean Tech ETF (CTEC), SPDR S&P Kensho Clean Power ETF (CNRG), Global X MSCI China Information Technology ETF (CHIK), ERShares NextGen Entrepreneurs ETF (ERSX), iShares Breakthrough Environmental Solutions ETF (ETEC) and Invesco Golden Dragon China ETF (PGJ). When did Daqo New Energy's stock split? Daqo New Energy shares split before market open on Tuesday, November 17th 2020. The 5-1 split was announced on Monday, October 26th 2020. The newly created shares were issued to shareholders after the closing bell 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 stock repurchase plan on Wednesday, June 1st 2022, which allows the company to repurchase $0.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors 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 retail and institutional investors. Top institutional investors include Morgan Stanley (3.34%), Invesco Ltd. (2.15%), Citigroup Inc. (1.89%), Mackenzie Financial Corp (1.88%), Oaktree Capital Management LP (1.75%) and Ariose Capital Management Ltd (1.04%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. 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 11/29/2023 by MarketBeat.com Staff 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. 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