Positive News Sentiment NYSE:DQ Daqo New Energy - DQ Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $43.44 -2.67 (-5.79%) (As of 02/3/2023 09:03 PM ET) Add Compare Share Share Today's Range$43.25▼$44.9050-Day Range$37.11▼$56.9152-Week Range$32.20▼$77.18Volume1.47 million shsAverage Volume1.31 million shsMarket Capitalization$3.24 billionP/E Ratio2.04Dividend YieldN/APrice Target$75.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Daqo New Energy MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside72.7% Upside$75.00 Price TargetShort InterestHealthy4.51% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.52Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-6.12%From $27.13 to $25.47 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.2.43 out of 5 starsBasic Materials Sector55th out of 158 stocksSemiconductors & Related Devices Industry23rd out of 89 stocks 3.2 Analyst's Opinion Consensus RatingDaqo New Energy has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $75.00, Daqo New Energy has a forecasted upside of 72.7% from its current price of $43.44.Amount of Analyst CoverageDaqo New Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.51% 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 2.5, 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 4.55%, indicating that investor sentiment is improving. 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 4.2 News and Social Media Coverage News SentimentDaqo New Energy has a news sentiment score of 1.52. 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 0.37 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Daqo New Energy this week, compared to 3 articles on an average week.Search Interest15 people have searched for DQ on MarketBeat in the last 30 days. This is an increase of 88% compared to the previous 30 days.MarketBeat Follows6 people have added Daqo New Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days. Previous Next 1.7 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Daqo New Energy are expected to decrease by -6.12% in the coming year, from $27.13 to $25.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daqo New Energy is 2.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Daqo New Energy is 2.04, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 95.70.Price to Book Value per Share RatioDaqo New Energy has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued 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. is a holding company, which engages in the provision of polysilicon products. It involves in the manufacture and sale of polysilicon to photovoltaic product manufactures, who further process the polysilicon into ingots, wafers, cells, and modules for solar power solutions. The company was founded by Guang Fu Xu on November 22, 2007 and is headquartered in Shanghai, China.Read More 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 Stock News HeadlinesFebruary 3, 2023 | americanbankingnews.comDaqo New Energy (NYSE:DQ) Shares Gap Up to $45.51January 25, 2023 | finance.yahoo.comWhy The 44% Return On Capital At Daqo New Energy (NYSE:DQ) Should Have Your AttentionFebruary 6, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 20, 2023 | msn.comAsian Equities Rally in Friday Trading as ADRs Set to Close Week 2% HigherJanuary 14, 2023 | benzinga.comDaqo New Energy Stock (NYSE:DQ), Quotes and News SummaryJanuary 11, 2023 | finance.yahoo.comA Look At The Fair Value Of Daqo New Energy Corp. (NYSE:DQ)January 10, 2023 | msn.comFinancial Stocks Lead Asian Equities Modestly Lower in Tuesday TradingJanuary 4, 2023 | msn.comEcommerce Stocks Lead Surging Asian Equities in Wednesday TradingFebruary 6, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 4, 2023 | seekingalpha.comDaqo New Energy: Capacity Expansion To Drive Earnings Amidst Growing MarketDecember 31, 2022 | finance.yahoo.comDaqo New Energy Corp. (DQ)December 28, 2022 | finance.yahoo.com10 Cheap Solar Stocks to BuyDecember 8, 2022 | benzinga.comDaqo Unveils $1.2 Billion Price Tag for Second Phase of ExpansionDecember 6, 2022 | seekingalpha.comDaqo New Energy's Phase 5B polysilicon expansion to raise capacity by 100K tonsDecember 6, 2022 | finance.yahoo.comDaqo New Energy Announces its Phase 5B Polysilicon Expansion Project in Inner Mongolia to Increase Production Capacity to 305,000 MT by Year End 2023December 5, 2022 | seekingalpha.comDaqo New Energy downgraded at Goldman on weaker poly price outlookDecember 1, 2022 | seekingalpha.comDaqo: Ignore Geopolitical Risks - Trading At Absurdly Dirt-Cheap ValuationsNovember 30, 2022 | seekingalpha.comDaqo New Energy: The Stock Is UndervaluedNovember 30, 2022 | finance.yahoo.comDaqo New Energy's Subsidiaries Announce Two High-Purity Polysilicon Supply Agreements with LONGi and another Solar Manufacturing Company in ChinaNovember 22, 2022 | finance.yahoo.comDeclining Stock and Solid Fundamentals: Is The Market Wrong About Daqo New Energy Corp. (NYSE:DQ)?November 8, 2022 | seekingalpha.comDaqo New Energy: 18% Share Buyback Should Boost This Net-Net DealNovember 8, 2022 | finance.yahoo.comDaqo New Energy Third Quarter 2022 Earnings: EPS: US$4.28 (vs US$3.95 in 3Q 2021)November 7, 2022 | nasdaq.comDaqo New Energy Adds 9% After Signing Multi-year Polysilicon Supply Agreement In ChinaNovember 7, 2022 | finance.yahoo.comDaqo New Energy Announces $700 Million Share Repurchase ProgramNovember 4, 2022 | finance.yahoo.comDAQO New Energy Corp. (DQ) Is a Trending Stock: Facts to Know Before Betting on ItOctober 29, 2022 | seekingalpha.comDaqo New Energy: Extremely Cheap Polysilicon ProducerOctober 28, 2022 | finance.yahoo.comDaqo New Energy Corp. to Hold Annual General Meeting on December 9, 2022See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings10/28/2021Today2/06/2023Next Earnings (Estimated)2/27/2023Fiscal 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 Phone862150752918Fax86-21-5836-7021Employees2,399Year Founded2007Price Target and Rating Average Stock Price Forecast$75.00 High Stock Price Forecast$80.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside+72.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$21.29 Trailing P/E Ratio2.04 Forward P/E Ratio1.60 P/E GrowthN/ANet Income$748.92 million Net Margins39.51% Pretax Margin64.05% Return on Equity37.63% Return on Assets30.94% Debt Debt-to-Equity RatioN/A Current Ratio5.21 Quick Ratio5.13 Sales & Book Value Annual Sales$1.68 billion Price / Sales1.93 Cash Flow$11.34 per share Price / Cash Flow3.83 Book Value$36.24 per share Price / Book1.20Miscellaneous Outstanding Shares74,510,000Free Float56,402,000Market Cap$3.24 billion OptionableOptionable Beta0.54 Social Links Key ExecutivesLong Gen ZhangChief Executive Director & Executive DirectorQiang Min ZhouChief Operating OfficerMing YangChief Financial OfficerXi Yu WangChief Technology OfficerShi Hua SuChief Marketing OfficerKey CompetitorsQuaker ChemicalNYSE:KWRSSR MiningNASDAQ:SSRMNewMarketNYSE:NEUMethanexNASDAQ:MEOHH.B. FullerNYSE:FULView All CompetitorsInsiders & InstitutionsMondrian Investment Partners LTDBought 823 shares on 2/3/2023Ownership: 0.001%SG Americas Securities LLCBought 132,528 shares on 2/2/2023Ownership: 0.208%Simplex Trading LLCSold 23,900 shares on 2/2/2023Ownership: 0.000%Profund Advisors LLCSold 3,474 shares on 2/2/2023Ownership: 0.023%DekaBank Deutsche GirozentraleSold 3,701 shares on 2/1/2023Ownership: 0.028%View All Institutional Transactions DQ Stock - Frequently Asked Questions Should I buy or sell Daqo New Energy stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Daqo New Energy in the last twelve months. There are currently 2 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? 3 Wall Street analysts have issued 1 year target prices for Daqo New Energy's stock. Their DQ share price forecasts range from $70.00 to $80.00. On average, they anticipate the company's stock price to reach $75.00 in the next year. This suggests a possible upside of 72.7% 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 increased by 12.5% and is now trading at $43.44. View the best growth stocks for 2023 here. Are investors shorting Daqo New Energy? Daqo New Energy saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 3,520,000 shares, an increase of 22.2% from the December 15th total of 2,880,000 shares. Based on an average daily trading volume, of 1,280,000 shares, the days-to-cover ratio is currently 2.8 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 Monday, February 27th 2023. 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 Thursday, October, 28th. The semiconductor company reported $3.81 EPS for the quarter, beating analysts' consensus estimates of $3.11 by $0.70. The semiconductor company earned $585.78 million during the quarter, compared to analyst estimates of $517.50 million. Daqo New Energy had a trailing twelve-month return on equity of 37.63% and a net margin of 39.51%. During the same quarter in the previous year, the firm earned $0.27 EPS. When did Daqo New Energy's stock split? Daqo New Energy shares 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 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 authorizes the company to buyback $0.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's leadership 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 many different institutional and retail investors. Top institutional shareholders include National Bank of Canada FI (0.40%), Ariose Capital Management Ltd (0.29%), SG Americas Securities LLC (0.21%), Janney Montgomery Scott LLC (0.21%), Sumitomo Mitsui Trust Holdings Inc. (0.19%) and Simplex Trading LLC (0.00%). 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 $43.44. How much money does Daqo New Energy make? Daqo New Energy (NYSE:DQ) has a market capitalization of $3.24 billion and generates $1.68 billion in revenue each year. The semiconductor company earns $748.92 million in net income (profit) each year or $21.29 on an earnings per share basis. How many employees does Daqo New Energy have? The company employs 2,399 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 2/6/2023 by MarketBeat.com Staff 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. 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