Daqo New Energy Corp. (DQ)

Daqo New Energy Stock Forecast

Stock Price Forecast

The 7 analysts that cover Daqo New Energy stock have a consensus rating of "Buy" and an average price target of $24.43, which forecasts a 18.08% increase in the stock price over the next year. The lowest target is $15 and the highest is $34.05.

Price Target: $24.43 (+18.08%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$15	$24.43	$27	$34.05
Change	-27.50%	+18.08%	+30.50%	+64.57%

Analyst Ratings

The average analyst rating for Daqo New Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	1	1	1	1	1	3
Buy	0	0	0	0	0	0
Hold	3	3	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	0
Total	5	5	6	6	6	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Air Ma Citigroup	Citigroup	Strong Buy Initiates $27	Strong Buy	Initiates	$27	+30.50%	Jul 18, 2025
Gordon Johnson GLJ Research	GLJ Research	Strong Sell → Strong Buy Upgrades $31	Strong Sell → Strong Buy	Upgrades	$31	+47.46%	Jul 10, 2025
Chao Ji Goldman Sachs	Goldman Sachs	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Apr 15, 2025
Dennis Ip Daiwa Capital	Daiwa Capital	Buy → Hold Downgrades $18 → $25	Buy → Hold	Downgrades	$18 → $25	+20.83%	Oct 9, 2024
Philip Shen Roth MKM	Roth MKM	Hold Maintains $23 → $15	Hold	Maintains	$23 → $15	-27.50%	Aug 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

638.41M

Decreased by -37.96%

from 1.03B

Revenue Next Year

1.17B

Increased by 82.64%

from 638.41M

EPS This Year

-4.00

from -5.22

EPS Next Year

-1.33

from -4.00

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	675.60M	1.68B	4.61B	2.31B	1.03B	638.41M	1.17B	1.59B
Revenue Growth	93.03%	148.49%	174.50%	-49.92%	-55.41%	-37.96%	82.64%	36.71%
EPS	1.70	9.75	23.34	5.73	-5.22	-4.00	-1.33	1.55
EPS Growth	306.23%	474.16%	139.43%	-75.47%	-	-	-	-
Forward PE	-	-	-	-	-	-	-	13.39
No. Analysts	-	-	-	-	-	12	12	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028
High	840.0M	1.8B	2.8B
Avg	638.4M	1.2B	1.6B
Low	506.6M	360.3M	500.0M

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	-18.4%	189.2%	142.3%
Avg	-38.0%	82.6%	36.7%
Low	-50.8%	-43.6%	-57.1%

EPS Forecast

EPS	2025	2026	2027
High	-3.29	0.97	4.70
Avg	-4.00	-1.33	1.55
Low	-4.84	-3.44	-1.53

EPS Growth

EPS Growth	2025	2026	2027
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.