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S&P 500   3,936.97
DOW   32,030.11
QQQ   306.12
3 Tech Stocks Well Positioned For Growth At A Reasonable Price
Penny Stock Shows Big Potential (Ad)
These 3 Dividend Growers Yield More Than the 10-Year Note
Closing prices for crude oil, gold and other commodities
Penny Stock Shows Big Potential (Ad)
GameStop Shares Surge On Surprise Profit
Want Diversified Upside in Biotechnology? Check out LABU
Penny Stock Shows Big Potential (Ad)
What is the Consumer Staples Sector?
Nike, Inc’s Q3 Surprise Isn’t All That Surprising: Is It A Buy?
S&P 500   3,936.97
DOW   32,030.11
QQQ   306.12
3 Tech Stocks Well Positioned For Growth At A Reasonable Price
Penny Stock Shows Big Potential (Ad)
These 3 Dividend Growers Yield More Than the 10-Year Note
Closing prices for crude oil, gold and other commodities
Penny Stock Shows Big Potential (Ad)
GameStop Shares Surge On Surprise Profit
Want Diversified Upside in Biotechnology? Check out LABU
Penny Stock Shows Big Potential (Ad)
What is the Consumer Staples Sector?
Nike, Inc’s Q3 Surprise Isn’t All That Surprising: Is It A Buy?
S&P 500   3,936.97
DOW   32,030.11
QQQ   306.12
3 Tech Stocks Well Positioned For Growth At A Reasonable Price
Penny Stock Shows Big Potential (Ad)
These 3 Dividend Growers Yield More Than the 10-Year Note
Closing prices for crude oil, gold and other commodities
Penny Stock Shows Big Potential (Ad)
GameStop Shares Surge On Surprise Profit
Want Diversified Upside in Biotechnology? Check out LABU
Penny Stock Shows Big Potential (Ad)
What is the Consumer Staples Sector?
Nike, Inc’s Q3 Surprise Isn’t All That Surprising: Is It A Buy?
NYSE:DQ

Daqo New Energy - DQ Stock Forecast, Price & News

$48.08
-1.45 (-2.93%)
(As of 03/22/2023 12:00 AM ET)
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Compare
Today's Range
$48.02
$50.50
50-Day Range
$42.07
$54.94
52-Week Range
$36.03
$77.18
Volume
1.34 million shs
Average Volume
1.66 million shs
Market Capitalization
$3.58 billion
P/E Ratio
2.00
Dividend Yield
N/A
Price Target
$75.00

Daqo New Energy MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
56.0% Upside
$75.00 Price Target
Short Interest
Healthy
4.00% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.57mentions of Daqo New Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-35.01%
From $19.85 to $12.90 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

73rd out of 159 stocks

Semiconductors & Related Devices Industry

34th 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 Contracts During 4th Quarter, Becomes Value Play for 2023
Daqo New Energy contracts on the 4th quarter of 2022, something to be expected for the whole solar industry. Markets would be surprised by the annual results
Penny Stock Shows Big Potential
The $4.37 trillion wellness market and the little-known penny stock to get on radar now.
Daqo New Energy (NYSE:DQ) Coverage Initiated at StockNews.com
Penny Stock Shows Big Potential
The $4.37 trillion wellness market and the little-known penny stock to get on radar now.
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
Daqo New Energy: The Stock Is Undervalued
See More Headlines
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DQ Company Calendar

Last Earnings
10/28/2021
Today
3/22/2023
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
+56.0%
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
$34.84 per share
Book Value
$89.18 per share

Miscellaneous

Free Float
56,402,000
Market Cap
$3.58 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 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 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 brokerages have issued twelve-month price objectives for Daqo New Energy's shares. Their DQ share price forecasts range from $70.00 to $80.00. On average, they predict the company's stock price to reach $75.00 in the next year. This suggests a possible upside of 56.0% 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 beginning of the year. Since then, DQ shares have increased by 24.5% and is now trading at $48.08.
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) posted its quarterly earnings results on Thursday, October, 28th. The semiconductor company reported $3.81 earnings per share 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 net margin of 40.36% and a trailing twelve-month return on equity of 34.82%. During the same period last year, the business earned $0.27 EPS.

When did Daqo New Energy's stock split?

Daqo New Energy's stock 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 announced that its board has approved a stock repurchase plan on Wednesday, June 1st 2022, which permits the company to buyback $0.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication 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 many different retail and institutional investors. Top institutional shareholders include Franklin Resources Inc. (3.61%), Morgan Stanley (2.47%), Citigroup Inc. (2.11%), Renaissance Technologies LLC (1.44%), Mackenzie Financial Corp (1.08%) and Causeway Capital Management LLC (1.05%).

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 $48.08.

How much money does Daqo New Energy make?

Daqo New Energy (NYSE:DQ) has a market capitalization of $3.58 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 3/23/2023 by MarketBeat.com Staff