Daqo New Energy Corp. (DQ)

Market Cap	2.33B
Revenue (ttm)	3.43B
Net Income (ttm)	1.04B
Shares Out	77.27M
EPS (ttm)	13.22
PE Ratio	2.29
Forward PE	2.23
Dividend	n/a
Ex-Dividend Date	n/a

Volume	519,679
Open	31.28
Previous Close	30.55
Day's Range	30.07 - 31.28
52-Week Range	29.60 - 58.44
Beta	0.53
Analysts	Hold
Price Target	46.90 (+55.2%)
Earnings Date	Oct 26, 2023

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 2022, DQ's revenue was $4.61 billion, an increase of 174.50% compared to the previous year's $1.68 billion. Earnings were $1.82 billion, an increase of 142.99%.

Analyst Forecast

According to 3 analysts, the average rating for DQ stock is "Hold." The 12-month stock price forecast is $46.9, which is an increase of 55.20% from the latest price.

Price Target

$46.9

(55.20% upside)

Analyst Consensus: Hold