Daqo New Energy Corp. (DQ)
Market Cap | 1.23B |
Revenue (ttm) | 1.03B |
Net Income (ttm) | -345.22M |
Shares Out | 66.01M |
EPS (ttm) | -5.22 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 979,473 |
Open | 18.40 |
Previous Close | 18.06 |
Day's Range | 18.19 - 19.03 |
52-Week Range | 13.62 - 30.85 |
Beta | 0.41 |
Analysts | Hold |
Price Target | 20.31 (+9.14%) |
Earnings Date | Apr 28, 2025 |
About DQ
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. 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 Shanghai, the People’s Republic of China. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for DQ stock is "Hold." The 12-month stock price forecast is $20.31, which is an increase of 9.14% from the latest price.
News

Daqo New Energy: An Extreme Mispricing Too Good To Ignore
Daqo's 72.4% stake in Xinjiang Daqo, valued at $4.6 billion and the subsidiary's high cash position offer substantial downside protection. When the polysilicon market turns, Daqo is quickly valued at ...

Daqo New Energy: Accumulate In This Cycle Downturn Because Cash Is King
Polysilicon prices remain at rock-bottom levels pressuring higher cost polysilicon manufacturers out of the market. Daqo New Energy's cash burn remains under control and the company has enough liquidi...

Daqo New Energy Corp. (DQ) Q4 2024 Earnings Call Transcript
Daqo New Energy Corp. (DQ0) Q4 2024 Results Conference Call February 27, 2025 8:00 AM ET Company Participants Xiaoyu Xu - Investor Relations Xiang Xu - Chairman & CEO Anita Zhu - Deputy CEO Ming Yang ...

Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2024 Results
SHANGHAI , Feb. 27, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry...

Daqo New Energy to Announce Unaudited Results for the Fourth Quarter and Fiscal Year 2024 on February 27, 2025
SHANGHAI , Feb. 12, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, toda...

Daqo New Energy's Subsidiary Xinjiang Daqo Provides Preliminary Estimate of Net Loss for FY2024
SHANGHAI , Jan. 17, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry...

Daqo New Energy: Quick Gains Likely Behind Us - Slow & Steady Ahead
DQ's bottom has materialized, as the polysilicon spot prices stabilized and the stock continues to enjoy uptrend bullish support. Much of the tailwinds are attributed to the moderation in capacity uti...

Daqo New Energy: Deeply Undervalued Amid Short-Term Challenges
Daqo New Energy faces short-term challenges due to a sharp decline in polysilicon prices, impacting revenue and profitability in FY24. Despite current market conditions, DQ's strong balance sheet and ...

Daqo New Energy Corp. to Hold Annual General Meeting on December 10, 2024
SHANGHAI , Nov. 12, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced...

Daqo New Energy Corp. (DQ) Q3 2024 Earnings Call Transcript
Daqo New Energy Corp. (NYSE:DQ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Anita Chu - Deputy Chief Executive Officer Ming Yang - Chief Financial Officer Confer...

Daqo New Energy Announces Unaudited Third Quarter 2024 Results
SHANGHAI , Oct. 30, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry...

Daqo New Energy Promotes Xiaoyu Xu as Deputy Chief Executive Officer
SHANGHAI , Oct. 30, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry...

Daqo New Energy to Announce Unaudited Results for the Third Quarter of 2024 on October 30, 2024
SHANGHAI , Oct. 15, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, toda...

This FactSet Research Analyst Turns Bearish; Here Are Top 4 Downgrades For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Daqo New Energy Corp (DQ) Shares Up 5.75% on Oct 2
Shares of Daqo New Energy Corp (DQ, Financial) surged 5.75% in mid-day trading on Oct 2. The stock reached an intraday high of $22.42, before settling at $21.90, up from its previous close of $20.71.

Daqo New Energy: The Bottom May Be Behind Us - Promising Market Trends Ahead
DQ remains a compelling Buy due to its robust balance sheet, allowing it to weather the near-term market consolidation in H2'24. At the same time, the management's lowered capacity output and capex gu...

Daqo New Energy: Q2 Shows Further Price Drops, I'm Staying Put
Daqo New Energy's Q2 results showed a significant decline in sales and EPS, with polysilicon prices falling below production costs. The company expects lower production due to tough market conditions ...

Daqo New Energy Corp. (DQ) Q2 2024 Earnings Call Transcript
Daqo New Energy Corp. (NYSE:DQ) Q2 2024 Earnings Conference Call August 26, 2024 8:00 AM ET Company Participants Anita Chu - Investor Relations Director Xiang Xu - Chief Executive Officer Ming Yang -...

PDD Holdings, Daqo New Energy And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Monday.

Daqo New Energy Announces Unaudited Second Quarter 2024 Results
SHANGHAI , Aug. 26, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry...

Daqo New Energy to Announce Unaudited Results for the Second Quarter of 2024 on August 26, 2024
SHANGHAI , Aug. 12, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, toda...

Daqo New Energy Announces $100 Million Share Repurchase Program
SHANGHAI , July 22, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry...

Daqo New Energy's Subsidiary Xinjiang Daqo Provides Latest Update on its Litigation Event
SHANGHAI , July 17, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry...

Daqo New Energy: Oversold Status Triggers Compelling Value And Growth Story
Market sentiments surrounding solar stocks remain pessimistic, thanks to the ongoing polysilicon supply glut, stalling electrification story, and solar trade bans. The ongoing US election campaign doe...