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Daqo New Energy Corp. (DQ)

NYSE: DQ · IEX Real-Time Price · USD
71.00
-0.37 (-0.52%)
After-hours:Oct 22, 2021 7:33 PM EDT
71.37
-1.04 (-1.44%)
At close: Oct 22, 4:00 PM
Market Cap5.25B
Revenue (ttm)1.07B
Net Income (ttm)408.90M
Shares Out73.51M
EPS (ttm)5.42
PE Ratio13.17
Forward PE6.54
Dividendn/a
Ex-Dividend Daten/a
Volume1,118,930
Open72.13
Previous Close72.41
Day's Range69.59 - 72.20
52-Week Range33.33 - 130.33
Beta0.74
AnalystsBuy
Price Target92.51 (+29.6%)
Est. Earnings DateOct 28, 2021

About DQ

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People's Republic of China. The photovoltaic product manufactures further process its polysilicon into ingots, wafers, cells, and modules for solar power solutions. 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...

IndustrySemiconductors & Semiconductor Equipment
IPO DateOct 7, 2010
CEOLonggen Zhang
Employees1,896
Stock ExchangeNYSE
Ticker SymbolDQ
Full Company Profile

Financial Performance

In 2020, DQ's revenue was $675.60 million, an increase of 93.03% compared to the previous year's $349.99 million. Earnings were $129.20 million, an increase of 337.59%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for DQ stock is "Buy." The 12-month stock price forecast is 92.51, which is an increase of 29.62% from the latest price.

Price Target
$92.51
(29.62% upside)
Analyst Consensus: Buy

News

Daqo New Energy Corp. to Hold Annual General Meeting on December 3, 2021

SHANGHAI, Oct. 22, 2021 /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 th...

1 day ago - PRNewsWire

Daqo New Energy (DQ) Earnings Expected to Grow: Should You Buy?

Daqo (DQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 day ago - Zacks Investment Research

Why Solar Energy Stocks Are on Fire This Week

High energy costs and lower interest rates are helping solar stocks today.

Other symbols:NOVARUNSEDGSPWR
1 week ago - The Motley Fool

Daqo New Energy to Announce Unaudited Third Quarter 2021 Results on October 28, 2021

SHANGHAI, Oct. 15, 2021 /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, today a...

1 week ago - PRNewsWire

Here is Why Growth Investors Should Buy Daqo (DQ) Now

Daqo (DQ) is well positioned to outperform the market, as it exhibits above-average growth in financials.

1 week ago - Zacks Investment Research

Does Daqo (DQ) Have the Potential to Rally 25% as Wall Street Analysts Expect?

The consensus price target hints at a 25.5% upside potential for Daqo (DQ). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisio...

1 week ago - Zacks Investment Research

New Strong Buy Stocks for October 13th

DQ, EVR, JBL, STLA, and LZB have been added to the Zacks Rank #1 (Strong Buy) List on October 13, 2021.

Other symbols:EVRJBLLZBSTLA
1 week ago - Zacks Investment Research

The Time to Buy Beaten-Down Solar Stocks Is Now

For the solar industry, perovskites, which are easily synthesized and manipulated materials, are key to solar stocks rising. And scientists have figured out how to use perovskites to mimic the semicondu...

Other symbols:SPWRTAN
1 week ago - InvestorPlace

DQ Stock: Why One Analyst Is Making Daqo New Energy Its Top Solar Pick

Daqo New Energy (DQ) stock is rising higher on Monday as one analyst calls it out as a top pick in the polysilicon category. The post DQ Stock: Why One Analyst Is Making Daqo New Energy Its Top Solar Pi...

1 week ago - InvestorPlace

Solar Stocks: Why SUNW, SPWR, DQ, ENPH and SEDG Are Shining Bright Today

Solar stocks are on the move today and that's good news for investors as shares are shining brighter on energy shortage news. The post Solar Stocks: Why SUNW, SPWR, DQ, ENPH and SEDG Are Shining Bright ...

Other symbols:ENPHLUVSEDGSPWRSUNW
1 week ago - InvestorPlace

Daqo New Energy (DQ) Outpaces Stock Market Gains: What You Should Know

Daqo New Energy (DQ) closed the most recent trading day at $57.91, moving +1.6% from the previous trading session.

3 weeks ago - Zacks Investment Research

Are Options Traders Betting on a Big Move in Daqo New Energy (DQ) Stock?

Investors need to pay close attention to Daqo New Energy (DQ) stock based on the movements in the options market lately.

4 weeks ago - Zacks Investment Research

7 Solar Stocks to Sell Before They Get Burned

These solar stocks are facing more challenges than their competitors as they navigate near-term setbacks plaguing the industry. The post 7 Solar Stocks to Sell Before They Get Burned appeared first on I...

Other symbols:ENPHFSLRRUNSOLSPWRTAN
1 month ago - InvestorPlace

Daqo New Energy (DQ) Earnings and Sales Miss Estimates in Q2

Higher year over year polysilicon average selling price and sales volumes drive Daqo New Energy's (DQ) top line in Q2.

2 months ago - Zacks Investment Research

Daqo New Energy (DQ) Q2 Earnings and Revenues Lag Estimates

Daqo (DQ) delivered earnings and revenue surprises of -7.90% and -4.47%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Daqo New Energy Stock Gains On Q2 Revenue Growth, Strong Margins

Daqo New Energy Corp (NYSE: DQ) reported second-quarter FY21 revenue growth of 230.6% year-on-year to $441.4 million beating the analyst consensus of $407 million. ASML Holding's (NASDAQ: ASML) Q2 reven...

2 months ago - Benzinga

Recap: Daqo New Energy Q2 Earnings

Shares of Daqo New Energy (NYSE:DQ) rose 3.6% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 551.06% over the past year to $3.06, which beat th...

2 months ago - Benzinga

Daqo New Energy Announces Unaudited Second Quarter 2021 Results

SHANGHAI, Aug. 18, 2021 /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, t...

2 months ago - PRNewsWire

Daqo New Energy (DQ) to Post Q2 Earnings: What's in the Offing?

Daqo New Energy's (DQ) second-quarter results are expected to reflect the benefits of strong volumes and prices.

2 months ago - Zacks Investment Research

Daqo New Energy (DQ) Earnings Expected to Grow: What to Know Ahead of Q2 Release

Daqo (DQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Daqo New Energy to Announce Unaudited Second Quarter 2021 Results on August 18, 2021

SHANGHAI, Aug. 10, 2021 /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, today a...

2 months ago - PRNewsWire

Daqo New Energy (DQ) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Daqo New Energy (DQ) closed at $59.77, marking a -1.76% move from the previous day.

2 months ago - Zacks Investment Research

Daqo New Energy (DQ) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Daqo New Energy (DQ) closed at $59.39, marking a -1.61% move from the previous day.

2 months ago - Zacks Investment Research

Why Daqo New Energy Stock Sank Today

The polysilicon producer's stock is seeing big swings following the recent Shanghai IPO for its subsidiary.

3 months ago - The Motley Fool

Daqo New Energy (DQ) Just Reclaimed the 200-Day Moving Average

Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?

3 months ago - Zacks Investment Research