Daqo New Energy Corp. (DQ)

Market Cap	1.78B
Revenue (ttm)	2.31B
Net Income (ttm)	421.16M
Shares Out	74.98M
EPS (ttm)	5.62
PE Ratio	4.22
Forward PE	4.49
Dividend	n/a
Ex-Dividend Date	n/a

Volume	689,476
Open	23.73
Previous Close	23.56
Day's Range	23.56 - 24.49
52-Week Range	17.30 - 48.31
Beta	0.21
Analysts	Sell
Price Target	31.85 (+34.16%)
Earnings Date	Apr 29, 2024

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.

• Industry: Semiconductor Equipment & Materials
• Sector: Technology
• IPO Date: Oct 7, 2010
• Employees: 4,099
• Stock Exchange: NYSE
• Ticker Symbol: DQ

Financial Performance

In 2023, DQ's revenue was $2.31 billion, a decrease of -49.91% compared to the previous year's $4.61 billion. Earnings were $421.16 million, a decrease of -76.86%.

Analyst Forecast

According to 2 analysts, the average rating for DQ stock is "Sell." The 12-month stock price forecast is $31.85, which is an increase of 34.16% from the latest price.

Price Target

$31.85

(34.16% upside)

Analyst Consensus: Sell