NYSE:DQ Daqo New Energy (DQ) Stock Forecast, Price & News $30.22 -0.33 (-1.08%) (As of 09/22/2023 08:51 PM ET) Add Compare Share Share Today's Range$30.07▼$31.2850-Day Range$30.21▼$39.0652-Week Range$29.60▼$58.44Volume585,500 shsAverage Volume1.07 million shsMarket Capitalization$2.34 billionP/E Ratio2.20Dividend YieldN/APrice Target$46.43 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Daqo New Energy MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside53.6% Upside$46.43 Price TargetShort InterestBearish4.87% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.70Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth-35.31%From $9.29 to $6.01 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.2.25 out of 5 starsBasic Materials Sector77th out of 165 stocksSemiconductors & Related Devices Industry47th out of 86 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 53.6% from its current price of $30.22.Amount of Analyst CoverageDaqo New Energy has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.87% 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 4.1.Change versus previous monthShort interest in Daqo New Energy has recently increased by 8.99%, 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 2.6 News and Social Media Coverage News SentimentDaqo New Energy has a news sentiment score of 0.70. 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 0.48 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Daqo New Energy this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for DQ on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Daqo New Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 -35.31% in the coming year, from $9.29 to $6.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daqo New Energy is 2.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 2.20, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 84.28.Price to Book Value per Share RatioDaqo New Energy has a P/B Ratio of 0.34. 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 (NYSE:DQ) StockDaqo 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DQ Stock News HeadlinesSeptember 23, 2023 | americanbankingnews.comDaqo New Energy Corp. (NYSE:DQ) Receives Consensus Recommendation of "Hold" from BrokeragesSeptember 21, 2023 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Sets New 1-Year Low at $30.86September 25, 2023 | Edge On The Street (Ad)An Unusual Way to Invest in GoldMost financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines. September 20, 2023 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Downgraded by Daiwa Capital Markets to NeutralSeptember 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 16, 2023 | americanbankingnews.comFinancial Analysis: Aixtron (OTCMKTS:AIXXF) & Daqo New Energy (NYSE:DQ)September 25, 2023 | Edge On The Street (Ad)An Unusual Way to Invest in GoldMost financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines. September 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 estimatesAugust 28, 2023 | benzinga.comROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Daqo New Energy Corp. Investors to Inquire About Securities Class Action Investigation - DQAugust 25, 2023 | finance.yahoo.comDaqo New Energy (DQ) Unit Approves Share Buyback ProgramAugust 24, 2023 | finance.yahoo.comThose who invested in Daqo New Energy (NYSE:DQ) five years ago are up 380%August 22, 2023 | nasdaq.comXinjiang Daqo To Repurchase Up To RMB400 Mln Worth Of SharesAugust 22, 2023 | finance.yahoo.comDaqo New Energy's Subsidiary Xinjiang Daqo Announced its Share Repurchase Program for 2023August 16, 2023 | markets.businessinsider.comDBS Remains a Hold on Daqo New Energy (DQ)August 10, 2023 | finance.yahoo.comDaqo New Energy Issues Its 2022 Environmental, Social and Governance (ESG) ReportAugust 5, 2023 | finance.yahoo.comDaqo New Energy Corp. (NYSE:DQ) Q2 2023 Earnings Call TranscriptAugust 4, 2023 | investing.comDaqo New Energy ADR (DQ) Earnings Dates & ReportsAugust 4, 2023 | finance.yahoo.comAnalyst Forecasts Just Became More Bearish On Daqo New Energy Corp. (NYSE:DQ)August 4, 2023 | seekingalpha.comDaqo Gets Scorched By Tumbling Polysilicon PricesAugust 3, 2023 | finanznachrichten.deDaqo New Energy Corp.: Daqo New Energy Announces Unaudited Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comDaqo New Energy Announces Unaudited Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comDaqo New Energy Announces Leadership ChangesSee 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 DQ Company Calendar Last Earnings8/03/2023Today9/25/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get 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 Forecast$46.43 High Stock Price Forecast$70.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+53.6%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$13.75 Trailing P/E Ratio2.20 Forward P/E Ratio3.25 P/E GrowthN/ANet Income$1.82 billion Net Margins31.45% Pretax Margin58.85% Return on Equity16.65% Return on Assets14.38% Debt Debt-to-Equity RatioN/A Current Ratio5.98 Quick Ratio5.76 Sales & Book Value Annual Sales$4.61 billion Price / Sales0.51 Cash Flow$26.51 per share Price / Cash Flow1.14 Book Value$88.64 per share Price / Book0.34Miscellaneous Outstanding Shares77,270,000Free Float58,490,000Market Cap$2.34 billion OptionableOptionable Beta0.54 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsOsisko Gold RoyaltiesNYSE:ORCal-Maine FoodsNASDAQ:CALMVeritivNYSE:VRTVHecla MiningNYSE:HLMaterionNYSE:MTRNView All CompetitorsInstitutional OwnershipMondrian Investment Partners LTDBought 763 shares on 9/20/2023Ownership: 0.002%Wolverine Trading LLCBought 13,600 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 31,500 shares on 8/22/2023Ownership: 0.041%National Pension ServiceBought 4,448 shares on 8/16/2023Ownership: 0.022%Royal Bank of CanadaBought 467 shares on 8/15/2023Ownership: 0.121%View All Institutional Transactions DQ Stock - 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 year. 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 forecast for 2023? 4 equities research analysts have issued 1 year price targets for Daqo New Energy's shares. Their DQ share price forecasts range from $32.00 to $70.00. On average, they anticipate the company's stock price to reach $46.43 in the next year. This suggests a possible upside of 53.6% 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 on January 1st, 2023. Since then, DQ shares have decreased by 21.7% and is now trading at $30.22. View the best growth stocks for 2023 here. Are investors shorting Daqo New Energy? Daqo New Energy saw a increase in short interest in August. As of August 31st, there was short interest totaling 3,760,000 shares, an increase of 9.0% from the August 15th total of 3,450,000 shares. Based on an average daily trading volume, of 909,400 shares, the days-to-cover ratio is currently 4.1 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, October 26th 2023. View our DQ earnings forecast. How were Daqo New Energy's earnings last quarter? Daqo New Energy Corp. (NYSE:DQ) posted its earnings results on Thursday, August, 3rd. The semiconductor company reported $1.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.79 by $4.45. The semiconductor company earned $636.72 million during the quarter, compared to analyst estimates of $1.22 billion. Daqo New Energy had a net margin of 31.45% and a trailing twelve-month return on equity of 16.65%. 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? Shares of Daqo New Energy split on the morning of Tuesday, November 17th 2020. The 5-1 split was announced on Monday, October 26th 2020. The newly created shares were distributed 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 announced that its Board of Directors has initiated a share buyback program 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 purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board 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). What is Daqo New Energy's stock symbol? Daqo New Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "DQ." 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 BlackRock Inc. (3.53%), Franklin Resources Inc. (3.33%), Alpine Investment Management Ltd (2.46%), Healthcare of Ontario Pension Plan Trust Fund (1.74%), State Street Corp (1.65%) and Goldman Sachs Group Inc. (1.40%). 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. What is Daqo New Energy's stock price today? One share of DQ stock can currently be purchased for approximately $30.22. How much money does Daqo New Energy make? Daqo New Energy (NYSE:DQ) has a market capitalization of $2.34 billion and generates $4.61 billion in revenue each year. The semiconductor company earns $1.82 billion in net income (profit) each year or $13.75 on an earnings per share basis. How many employees does Daqo New Energy have? The company employs 4,099 workers across the globe. 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 How can I contact Daqo New Energy? Daqo New Energy's mailing address is ROOM C 29TH FLOOR HUADU BUILDING NO.838 ZHANGYANG ROAD PUDONG, SHANGHAI F4, 200122. The official website for the company is www.dqsolar.com. The semiconductor company can be reached via phone at 862150752918, via email at kevin.he@daqo.com, or via fax at 86-21-5836-7021. This page (NYSE:DQ) was last updated on 9/25/2023 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. 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. 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