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S&P 500   3,852.36
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Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
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Is C3.ai Artificial Intelligence Product Suite a Gamechanger?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
Evacuations urged in Ohio town as train wreck smolders
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Is C3.ai Artificial Intelligence Product Suite a Gamechanger?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
Evacuations urged in Ohio town as train wreck smolders
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Is C3.ai Artificial Intelligence Product Suite a Gamechanger?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
Evacuations urged in Ohio town as train wreck smolders

Daqo New Energy - DQ Stock Forecast, Price & News

$43.44
-2.67 (-5.79%)
(As of 02/3/2023 09:03 PM ET)
Add
Compare
Today's Range
$43.25
$44.90
50-Day Range
$37.11
$56.91
52-Week Range
$32.20
$77.18
Volume
1.47 million shs
Average Volume
1.31 million shs
Market Capitalization
$3.24 billion
P/E Ratio
2.04
Dividend Yield
N/A
Price Target
$75.00

Daqo New Energy MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
72.7% Upside
$75.00 Price Target
Short Interest
Healthy
4.51% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.52mentions of Daqo New Energy in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-6.12%
From $27.13 to $25.47 Per Share

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 stars

Basic Materials Sector

55th out of 158 stocks

Semiconductors & Related Devices Industry

23rd out of 89 stocks

DQ stock logo

About Daqo New Energy (NYSE:DQ) Stock

Daqo 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.

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DQ Stock News Headlines

Daqo New Energy (NYSE:DQ) Shares Gap Up to $45.51
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Daqo New Energy Corp. (DQ)
10 Cheap Solar Stocks to Buy
Daqo New Energy: The Stock Is Undervalued
Daqo New Energy: Extremely Cheap Polysilicon Producer
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DQ Company Calendar

Last Earnings
10/28/2021
Today
2/06/2023
Next Earnings (Estimated)
2/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Employees
2,399
Year Founded
2007

Price 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 Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$748.92 million
Pretax Margin
64.05%

Debt

Sales & Book Value

Annual Sales
$1.68 billion
Cash Flow
$11.34 per share
Book Value
$36.24 per share

Miscellaneous

Free Float
56,402,000
Market Cap
$3.24 billion
Optionable
Optionable
Beta
0.54

Social Links


Key Executives

  • Long Gen Zhang
    Chief Executive Director & Executive Director
  • Qiang Min Zhou
    Chief Operating Officer
  • Ming Yang
    Chief Financial Officer
  • Xi Yu Wang
    Chief Technology Officer
  • Shi Hua Su
    Chief Marketing Officer













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