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Daqo New Energy Stock Forecast, Price & News

+0.56 (+1.32 %)
(As of 11/25/2020 12:00 AM ET)
Today's Range
Now: $43.09
50-Day Range
MA: $44.01
52-Week Range
Now: $43.09
Volume1.14 million shs
Average Volume1.71 million shs
Market Capitalization$2.99 billion
P/E Ratio51.42
Dividend YieldN/A
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People's Republic of China. It offers ready-to-use polysilicon, and packaged to meet crucible stacking, pulling, and solidification products. 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 Wanzhou, the People's Republic of China.
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Daqo New Energy logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.45 out of 5 stars

Industry, Sector and Symbol

Industry Semiconductors & related devices



Sales & Book Value

Annual Sales$349.99 million
Cash Flow$1.38 per share
Book Value$52.33 per share


Net Income$29.52 million


Market Cap$2.99 billion
Next Earnings Date3/10/2021 (Estimated)
+0.56 (+1.32 %)
(As of 11/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Daqo New Energy (NYSE:DQ) Frequently Asked Questions

How has Daqo New Energy's stock been impacted by Coronavirus (COVID-19)?

Daqo New Energy's stock was trading at $11.54 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DQ stock has increased by 273.4% and is now trading at $43.09.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Daqo New Energy?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Daqo New Energy in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Daqo New Energy

What stocks does MarketBeat like better than Daqo New Energy?

Wall Street analysts have given Daqo New Energy a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Daqo New Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Daqo New Energy's next earnings date?

Daqo New Energy is scheduled to release its next quarterly earnings announcement on Wednesday, March 10th 2021.
View our earnings forecast for Daqo New Energy

How were Daqo New Energy's earnings last quarter?

Daqo New Energy Corp. (NYSE:DQ) issued its quarterly earnings results on Sunday, November, 22nd. The semiconductor company reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $0.05. Daqo New Energy had a net margin of 12.01% and a return on equity of 10.52%. During the same quarter in the prior year, the firm earned $0.13 earnings per share.
View Daqo New Energy's earnings history

When did Daqo New Energy's stock split? How did Daqo New Energy's stock split work?

Shares of Daqo New Energy 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 payable to shareholders after the market closes on Monday, November 16th 2020. An investor that had 100 shares of Daqo New Energy stock prior to the split would have 500 shares after the split.

What price target have analysts set for DQ?

3 analysts have issued twelve-month price objectives for Daqo New Energy's stock. Their forecasts range from $13.80 to $40.00. On average, they expect Daqo New Energy's share price to reach $26.90 in the next twelve months. This suggests that the stock has a possible downside of 37.6%.
View analysts' price targets for Daqo New Energy

Are investors shorting Daqo New Energy?

Daqo New Energy saw a increase in short interest in October. As of October 30th, there was short interest totaling 1,140,000 shares, an increase of 134.2% from the October 15th total of 486,800 shares. Based on an average trading volume of 489,400 shares, the short-interest ratio is presently 2.3 days.
View Daqo New Energy's Short Interest

Who are some of Daqo New Energy's key competitors?

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), Square (SQ), Enphase Energy (ENPH) and Netflix (NFLX).

Who are Daqo New Energy's key executives?

Daqo New Energy's management team includes the following people:
  • Mr. Guangfu Xu, Founder & Chairman (Age 77)
  • Mr. Longgen Zhang, CEO & Director (Age 55)
  • Mr. Ming Yang, Chief Financial Officer (Age 47)
  • Kevin He, Head of Investor Relations

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 variety of retail and institutional investors. Top institutional shareholders include Morgan Stanley (4.53%), Handelsbanken Fonder AB (3.36%), State Street Corp (1.72%), BlackRock Inc. (1.36%), Voloridge Investment Management LLC (0.46%) and JPMorgan Chase & Co. (0.38%).

Which major investors are selling Daqo New Energy stock?

DQ stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., State Street Corp, Connor Clark & Lunn Investment Management Ltd., Jefferies Group LLC, BlackRock Inc., M&G Investment Management Ltd., Guinness Atkinson Asset Management Inc, and CoreCommodity Management LLC.

Which major investors are buying Daqo New Energy stock?

DQ stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Handelsbanken Fonder AB, Voloridge Investment Management LLC, Allianz Asset Management GmbH, Central Asset Investments & Management Holdings HK Ltd, Maso Capital Partners Ltd, Cubist Systematic Strategies LLC, and First Trust Advisors LP.

How do I buy shares of Daqo New Energy?

Shares of DQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Daqo New Energy's stock price today?

One share of DQ stock can currently be purchased for approximately $43.09.

How big of a company is Daqo New Energy?

Daqo New Energy has a market capitalization of $2.99 billion and generates $349.99 million in revenue each year. The semiconductor company earns $29.52 million in net income (profit) each year or $0.40 on an earnings per share basis. Daqo New Energy employs 1,892 workers across the globe.

What is Daqo New Energy's official website?

The official website for Daqo New Energy is www.dqsolar.com.

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 semiconductor company can be reached via phone at 86-21-5075-2918 or via email at [email protected]

This page was last updated on 11/26/2020 by MarketBeat.com Staff

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