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MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
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[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
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[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
NYSE:DQ

Daqo New Energy - DQ Stock Forecast, Price & News

$46.84
+0.18 (+0.39%)
(As of 03/31/2023 12:00 AM ET)
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Compare
Today's Range
$46.20
$47.76
50-Day Range
$42.07
$54.94
52-Week Range
$36.03
$77.18
Volume
2.11 million shs
Average Volume
1.36 million shs
Market Capitalization
$3.49 billion
P/E Ratio
1.95
Dividend Yield
N/A
Price Target
$75.00

Daqo New Energy MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
60.1% Upside
$75.00 Price Target
Short Interest
Healthy
4.07% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.26mentions of Daqo New Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-35.63%
From $19.28 to $12.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Basic Materials Sector

78th out of 160 stocks

Semiconductors & Related Devices Industry

38th out of 87 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 Down 5.1%
5 Stocks to Buy Immediately
America’s #1 stock picker issues 5 buy alerts – one of which is positioned to be the next Tesla. Just click to claim your copy. pixel
Top Tech Stocks for April 2023
Daqo New Energy (NYSE:DQ) Sees Large Volume Increase
5 Stocks to Buy Immediately
America’s #1 stock picker issues 5 buy alerts – one of which is positioned to be the next Tesla. Just click to claim your copy. pixel
Blachem (BCPC) Q4 Earnings and Revenues Miss Estimates
Valvoline (VVV) Q1 Earnings Miss Estimates
Daqo New Energy Corp. (DQ)
10 Cheap Solar Stocks to Buy
See More Headlines
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DQ Company Calendar

Last Earnings
2/28/2023
Today
4/01/2023
Next Earnings (Estimated)
4/20/2023
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
+60.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$1.86 billion
Pretax Margin
66.33%

Debt

Sales & Book Value

Annual Sales
$4.61 billion
Cash Flow
$31.65 per share
Book Value
$89.18 per share

Miscellaneous

Free Float
56,402,000
Market Cap
$3.49 billion
Optionable
Optionable
Beta
0.52

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 year. 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 brokers have issued twelve-month price targets for Daqo New Energy's stock. Their DQ share price forecasts range from $70.00 to $80.00. On average, they expect the company's share price to reach $75.00 in the next year. This suggests a possible upside of 60.1% 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 increased by 21.3% and is now trading at $46.84.
View the best growth stocks for 2023 here
.

When is Daqo New Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 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 results on Tuesday, February, 28th. The semiconductor company reported $4.71 EPS for the quarter. The semiconductor company earned $864.25 million during the quarter, compared to the consensus estimate of $1.13 billion. Daqo New Energy had a trailing twelve-month return on equity of 34.82% and a net margin of 40.36%.

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 minted shares were payable 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 repurchase plan on Wednesday, June 1st 2022, which authorizes the company to buyback $0.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually a sign 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."

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 $46.84.

How much money does Daqo New Energy make?

Daqo New Energy (NYSE:DQ) has a market capitalization of $3.49 billion and generates $4.61 billion in revenue each year. The semiconductor company earns $1.86 billion in net income (profit) each year or $24.06 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..
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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 4/1/2023 by MarketBeat.com Staff