Daqo New Energy Corp. (DQ)

NYSE: DQ · IEX Real-Time Price · USD
16.89
+0.47 (2.86%)
At close: Jul 12, 2024, 4:00 PM
16.80
-0.09 (-0.53%)
After-hours: Jul 12, 2024, 7:25 PM EDT
2.86%
Market Cap 1.11B
Revenue (ttm) 2.01B
Net Income (ttm) 166.22M
Shares Out 66.01M
EPS (ttm) 2.43
PE Ratio 6.95
Forward PE 4.49
Dividend n/a
Ex-Dividend Date n/a
Volume 534,712
Open 16.69
Previous Close 16.42
Day's Range 16.27 - 16.96
52-Week Range 14.21 - 40.14
Beta 0.27
Analysts Sell
Price Target 19.50 (+15.45%)
Earnings Date Aug 1, 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. [Read more]

Sector Technology
IPO Date Oct 7, 2010
Employees 5,765
Stock Exchange NYSE
Ticker Symbol DQ
Full Company Profile

Financial Performance

In 2023, DQ's revenue was $2.31 billion, a decrease of -49.92% compared to the previous year's $4.61 billion. Earnings were $429.55 million, a decrease of -76.40%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for DQ stock is "Sell." The 12-month stock price forecast is $19.5, which is an increase of 15.45% from the latest price.

Price Target
$19.5
(15.45% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Daqo New Energy Issues Its 2023 Environmental, Social and Governance (ESG) Report

SHANGHAI , July 9, 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,...

5 days ago - PRNewsWire

Daqo New Energy Files Annual Report on Form 20-F for Fiscal Year 2023

SHANGHAI , April 29, 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 industr...

2 months ago - PRNewsWire

Daqo New Energy Announces Unaudited First Quarter 2024 Results

SHANGHAI , April 29, 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 industr...

2 months ago - PRNewsWire

Daqo New Energy to Announce Unaudited Results for the First Quarter of 2024 on April, 29, 2024

SHANGHAI , April 16, 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, tod...

3 months ago - PRNewsWire

Daqo New Energy's Subsidiary Xinjiang Daqo Proposes 2023 Cash Dividend for Approval at Its Annual Shareholders' Meeting

SHANGHAI , April 1, 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...

3 months ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Daqo New Energy Corp. - DQ

NEW YORK , March 27, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Daqo New Energy Corp. ("Daqo" or the "Company") (NYSE: DQ). Such investors are advised to cont...

3 months ago - PRNewsWire

Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2023 Results

SHANGHAI , Feb. 28, 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...

4 months ago - PRNewsWire

Daqo New Energy to Announce Unaudited Results for the Fourth Quarter and Fiscal Year 2023 on February 28, 2024

SHANGHAI , Feb. 20, 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...

5 months ago - PRNewsWire

Daqo New Energy's Subsidiary Xinjiang Daqo Provides Preliminary Estimate of Net Profit for FY2023

SHANGHAI , Jan. 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...

5 months ago - PRNewsWire

Daqo New Energy Provides Update on Share Repurchase Program

SHANGHAI, Jan. 11, 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,...

6 months ago - PRNewsWire

Daqo New Energy's Subsidiary Xinjiang Daqo Announces Investment Agreement to Establish Polysilicon and Silicon Metal Project to Integrate Upstream Supply

SHANGHAI , Dec. 13, 2023 /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...

7 months ago - PRNewsWire

Daqo New Energy Announces Appointment of First Female Director

SHANGHAI , Nov. 14, 2023 /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...

8 months ago - PRNewsWire

Daqo New Energy Announces Unaudited Third Quarter 2023 Results

SHANGHAI , Oct. 30, 2023 /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...

9 months ago - PRNewsWire

Daqo New Energy to Announce Unaudited Results for the Third Quarter of 2023 on October 30, 2023

SHANGHAI , Oct. 16, 2023 /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...

9 months ago - PRNewsWire

Daqo New Energy Releases Labor Due Diligence Report

SHANGHAI, Sept. 27, 2023 /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...

10 months ago - PRNewsWire

Daqo New Energy Corp. to Hold Annual General Meeting on October 20, 2023

SHANGHAI , Sept. 18, 2023 /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 announce...

10 months ago - PRNewsWire

Daqo New Energy Provides Update on its USD$700 Million Share Repurchase Program

SHANGHAI , Sept. 5, 2023 /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...

11 months ago - PRNewsWire

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Daqo New Energy Corp. Investors to Inquire About Securities Class Action Investigation - DQ

NEW YORK , Aug. 28, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Daqo New Energy ...

11 months ago - PRNewsWire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Daqo New Energy Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 25, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Daqo New Energy...

11 months ago - Accesswire

Daqo New Energy's Subsidiary Xinjiang Daqo Announced its Share Repurchase Program for 2023

SHANGHAI , Aug. 22, 2023 /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...

11 months ago - PRNewsWire

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Daqo New Energy Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Daqo New Energy...

11 months ago - Accesswire

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Daqo New Energy Corp. and Encourages Investors with Losses In Excess of $500,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 19, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Daqo New Energy...

11 months ago - Accesswire

Daqo New Energy Issues Its 2022 Environmental, Social and Governance (ESG) Report

SHANGHAI , Aug. 10, 2023 /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...

1 year ago - PRNewsWire

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Daqo New Energy Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 8, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Daqo New Energy ...

1 year ago - Accesswire

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Daqo New Energy Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 5, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Daqo New Energy ...

1 year ago - Accesswire