Daqo New Energy Corp. (DQ)
NYSE: DQ · Real-Time Price · USD
17.51
+0.11 (0.63%)
At close: Dec 20, 2024, 4:00 PM
17.52
+0.01 (0.06%)
After-hours: Dec 20, 2024, 6:47 PM EST
Daqo New Energy Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Daqo New Energy stock have an average target of 20.31, with a low estimate of 12.51 and a high estimate of 34.05. The average target predicts an increase of 15.99% from the current stock price of 17.51.
Analyst Consensus: Hold
* Price targets were last updated on Oct 9, 2024.
Analyst Ratings
The average analyst rating for DQ stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 2 | 3 | 3 | 3 |
| Sell | 2 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 4 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Daiwa Capital | Daiwa Capital | Buy → Hold Downgrades $18 → $25 | Buy → Hold | Downgrades | $18 → $25 | +42.78% | Oct 9, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $23 → $15 | Hold | Maintains | $23 → $15 | -14.33% | Aug 28, 2024 |
| HSBC | HSBC | Sell → Hold Upgrades $15 | Sell → Hold | Upgrades | $15 | -14.33% | Aug 27, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $38 → $34 | Strong Buy | Maintains | $38 → $34 | +94.46% | Aug 26, 2024 |
| GLJ Research | GLJ Research | Strong Sell Maintains $20 → $13 | Strong Sell | Maintains | $20 → $13 | -28.56% | Jun 14, 2024 |
Financial Forecast
Revenue This Year
1.02B
from 2.31B
Decreased by -55.89%
Revenue Next Year
1.50B
from 1.02B
Increased by 47.64%
EPS This Year
-3.36
from 5.73
EPS Next Year
-1.21
from -3.36
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.1B | 1.8B | 2.9B | |
| Avg | 1.0B | 1.5B | 2.1B | |
| Low | 921.2M | 1.1B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -52.9% | 79.4% | 93.1% | |
| Avg | -55.9% | 47.6% | 38.7% | |
| Low | -60.1% | 6.9% | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.15 | 0.29 | 3.93 |
| Avg | -3.36 | -1.21 | 1.99 |
| Low | -3.82 | -2.58 | -0.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.