Daqo New Energy Corp. (DQ)

NYSE: DQ · IEX Real-Time Price · USD
68.88
+0.30 (0.44%)
Aug 16, 2022 11:40 AM EDT - Market open
0.44%
Market Cap 5.13B
Revenue (ttm) 3.51B
Net Income (ttm) 1.60B
Shares Out 74.51M
EPS (ttm) 63.22
PE Ratio 1.09
Forward PE 2.37
Dividend n/a
Ex-Dividend Date n/a
Volume 347,362
Open 67.73
Previous Close 68.58
Day's Range 67.50 - 69.34
52-Week Range 32.20 - 81.10
Beta 0.29
Analysts Buy
Price Target 87.40 (+26.9%)
Earnings Date Aug 3, 2022

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. 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...]

Industry Semiconductors & Semiconductor Equipment
IPO Date Oct 7, 2010
CEO Longgen Zhang
Employees 2,399
Stock Exchange NYSE
Ticker Symbol DQ
Full Company Profile

Financial Performance

In 2021, DQ's revenue was $1.68 billion, an increase of 148.49% compared to the previous year's $675.60 million. Earnings were $748.92 million, an increase of 479.68%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for DQ stock is "Buy." The 12-month stock price forecast is 87.4, which is an increase of 26.89% from the latest price.

Price Target
$87.4
(26.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Daqo New Energy Issues Its 2021 Environmental, Social and Governance (ESG) Report

SHANGHAI , Aug. 12, 2022 /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 Adopts 2022 Share Incentive Plan and Grants RSUs to Its Key Employees, Directors and Officers

SHANGHAI , Aug. 11, 2022 /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, ...

Is Daqo (DQ) a Solid Growth Stock? 3 Reasons to Think "Yes"

Daqo (DQ) could produce exceptional returns because of its solid growth attributes.

5 Value Stocks With Enticing EV-to-EBITDA Ratios to Snap Up

We have screened value stocks PBF, DQ, R, ARCB and TROX based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

Other symbols: ARCBPBFRTROX

Daqo New Energy Quarterly Results Beat On Earnings, Miss On Revenue

Daqo stock jumped as the solar equipment company reported second-quarter results that beat on earnings but missed on revenue. The post Daqo New Energy Quarterly Results Beat On Earnings, Miss On Revenue...

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

Daqo (DQ) delivered earnings and revenue surprises of 26.63% and 16.05%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Daqo New Energy Announces Unaudited Second Quarter 2022 Results

SHANGHAI , Aug. 3, 2022 /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...

What's in Store for Daqo New Energy's (DQ) Q2 Earnings?

Daqo New Energy (DQ) is likely to have gained from healthy demand, higher prices and actions to improve efficiency in the second quarter.

Is DAQO New Energy (DQ) Stock Outpacing Its Basic Materials Peers This Year?

Here is how Daqo New Energy (DQ) and Livent (LTHM) have performed compared to their sector so far this year.

As DQ Stock Finds Support, This Option Trade Could Profit $670

This bullish option trade will see large profits if DQ stock finishes above 80 at the January expiration. The post As DQ Stock Finds Support, This Option Trade Could Profit $670 appeared first on Invest...

Should Value Investors Buy DAQO New Energy (DQ) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

7 Best Solar Stocks to Buy Now

The secular trends that favor solar energy are the same which existed for the last several years. Broadly speaking, concern for climate change continues to grow and demand for cleaner energy sources is ...

Daqo New Energy to Announce Unaudited Results for the Second Quarter of 2022 on August 3, 2022

SHANGHAI , July 25, 2022 /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 ...

Daqo New Energy (DQ) Just Overtook the 20-Day Moving Average

Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?

Is DAQO New Energy (DQ) Outperforming Other Basic Materials Stocks This Year?

Here is how Daqo New Energy (DQ) and Brigham Minerals (MNRL) have performed compared to their sector so far this year.

5 Stocks With Recent Price Strength for a Steady Portfolio

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are USAK, FC, PRPH, DQ and CHEF.

Other symbols: CHEFFCPRPHUSAK

Why This Analyst Is Bullish On 2 China Tech Stocks: NIO And A Solar PV Industry Leader

Gianni Di Poce is an analyst at The Mercator, a research company dedicated to the study of economic and financial market trends. Poce also pens Benzinga Pro's exclusive weekly 'Insider Report' with tech...

Other symbols: NIO

Daqo New Energy's Subsidiary Xinjiang Daqo Provides Preliminary Estimates of Net Profit for the first half of 2022

SHANGHAI , July 8, 2022 /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, a...

Daqo New Energy's Subsidiary Xinjiang Daqo successfully completes its private offering on the Shanghai Stock Exchange

SHANGHAI , July 6, 2022 /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...

Has DAQO New Energy (DQ) Outpaced Other Basic Materials Stocks This Year?

Here is how Daqo New Energy (DQ) and Intrepid Potash (IPI) have performed compared to their sector so far this year.

Daqo (DQ) Soars 7.3%: Is Further Upside Left in the Stock?

Daqo (DQ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Why Are Clean Energy Stocks JKS, GEVO, CLNE, DQ Up Today?

Here's why clean energy stocks are also seeing significant buying pressure following the G7 summit meetings today. The post Why Are Clean Energy Stocks JKS, GEVO, CLNE, DQ Up Today?

Other symbols: GEVOCLNEJKS

Daqo New Energy (DQ) Crossed Above the 20-Day Moving Average: What That Means for Investors

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

The Housing Market Is Complicated

Demand is shrinking but prices may not come down.

Other symbols: KRONUERYI

Wall Street Analysts Think Daqo (DQ) Could Surge 26%: Read This Before Placing a Bet

The consensus price target hints at a 26% upside potential for Daqo (DQ). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions...