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Daqo New Energy - DQ Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $36.23
  • Forecasted Upside: 51.67%
  • Number of Analysts: 3
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$23.89 As of 04/26/2024 03:20 PM ET
▲ +0.33 (1.40%)

This chart shows the closing price for DQ by one month, three months, or twelve months.

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Analyst Price Target for DQ

Analyst Price Target is $36.23
▲ +51.67% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Daqo New Energy in the last 3 months. The average price target is $36.23, with a high forecast of $45.00 and a low forecast of $25.00. The average price target represents a 51.67% upside from the last price of $23.89.

This chart shows the closing price for DQ for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 3 polled investment analysts is to hold stock in Daqo New Energy. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/15/2024Daiwa Capital MarketsReiterated RatingNeutral ➝ Underperform$25.00Low
9/19/2023Daiwa Capital MarketsDowngradeOutperform ➝ Neutral$45.00 ➝ $32.00Low
8/4/2023NomuraUpgradeNeutral ➝ Buy$45.00Low
8/4/2023HSBCLower TargetHold ➝ Hold$42.80 ➝ $38.70Low
5/4/2023Daiwa Capital MarketsUpgradeNeutral ➝ OutperformLow
5/1/2023HSBCBoost Target$44.60 ➝ $45.60Low
12/5/2022The Goldman Sachs GroupDowngradeBuy ➝ Neutral$140.00 ➝ $70.00Low
9/15/2022Daiwa Capital MarketsDowngradeOutperform ➝ NeutralLow
7/12/2022Daiwa Capital MarketsBoost Target$47.00 ➝ $80.00N/A
5/4/2022JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightHigh
11/1/2021Roth CapitalReiterated RatingAverage ➝ Neutral$52.00 ➝ $79.00High
10/11/2021Jefferies Financial GroupLower TargetBuy$146.50 ➝ $139.10Low
8/19/2021Roth CapitalBoost TargetNeutral$52.00 ➝ $73.00Medium
8/19/2021Nomura InstinetUpgradeReduce ➝ Neutral$48.00 ➝ $53.00Medium
8/19/2021NomuraUpgradeReduce ➝ Neutral$48.00 ➝ $53.00Medium
7/12/2021Roth CapitalLower TargetNeutral ➝ Neutral$79.00 ➝ $73.00High
6/10/2021HSBCInitiated CoverageBuy$112.00High
6/7/2021JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralHigh
6/1/2021Roth CapitalBoost TargetNeutral$70.00 ➝ $79.00High
5/19/2021Roth CapitalLower TargetPositive ➝ Neutral$97.00 ➝ $70.00High
4/22/2021Jefferies Financial GroupInitiated CoverageBuy$108.66High
3/10/2021Roth CapitalLower TargetNeutral$115.00 ➝ $97.00High
3/2/2021Roth CapitalBoost TargetNeutral$105.00 ➝ $115.00Low
1/26/2021Roth CapitalBoost TargetNeutral$40.00 ➝ $100.00Medium
12/8/2020The Goldman Sachs GroupInitiated CoverageBuy$62.00High
10/26/2020Roth CapitalDowngradeBuy ➝ Neutral$44.00 ➝ $40.00High
10/16/2020Roth CapitalBoost TargetPositive ➝ Buy$30.00 ➝ $44.00Low
8/19/2020Roth CapitalBoost TargetBuy$24.00 ➝ $30.00High
7/8/2020Roth CapitalBoost TargetBuy$16.00 ➝ $21.00Medium
4/29/2020JPMorgan Chase & Co.Lower TargetOverweight$15.00 ➝ $13.80Medium
3/12/2020Roth CapitalBoost Target$11.00 ➝ $14.00Medium
3/10/2020Daiwa Capital MarketsInitiated CoverageBuyMedium
11/14/2019JPMorgan Chase & Co.Initiated CoverageOverweight$10.00Low
8/14/2019Roth CapitalReiterated RatingBuyHigh
(Data available from 4/26/2019 forward)

News Sentiment Rating

1.13 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 14 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 5 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/28/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 5 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 11 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/26/2024
  • 11 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 12 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 12 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Daqo New Energy logo
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.
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Today's Range

Now: $23.89
Low: $23.73
High: $24.49

50 Day Range

MA: $24.43
Low: $18.26
High: $29.42

52 Week Range

Now: $23.89
Low: $17.30
High: $48.31

Volume

403,955 shs

Average Volume

1,207,323 shs

Market Capitalization

$1.57 billion

P/E Ratio

4.42

Dividend Yield

N/A

Beta

0.22

Frequently Asked Questions

What sell-side analysts currently cover shares of Daqo New Energy?

The following Wall Street analysts have issued research reports on Daqo New Energy in the last year: Daiwa Capital Markets, HSBC Holdings plc, Nomura, StockNews.com, and TheStreet.
View the latest analyst ratings for DQ.

What is the current price target for Daqo New Energy?

3 Wall Street analysts have set twelve-month price targets for Daqo New Energy in the last year. Their average twelve-month price target is $36.23, suggesting a possible upside of 51.7%. Nomura has the highest price target set, predicting DQ will reach $45.00 in the next twelve months. Daiwa Capital Markets has the lowest price target set, forecasting a price of $25.00 for Daqo New Energy in the next year.
View the latest price targets for DQ.

What is the current consensus analyst rating for Daqo New Energy?

Daqo New Energy currently has 1 sell rating, 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in DQ, but not buy more shares or sell existing shares.
View the latest ratings for DQ.

What other companies compete with Daqo New Energy?

Other companies that are similar to Daqo New Energy include Green Plains, Fortuna Silver Mines, Sandstorm Gold, Hawkins and Orion. Learn More about companies similar to Daqo New Energy.

How do I contact Daqo New Energy's investor relations team?

Daqo New Energy's physical mailing address is ROOM C 29TH FLOOR HUADU BUILDING NO.838 ZHANGYANG ROAD PUDONG, SHANGHAI F4, 200122. The semiconductor company's listed phone number is 862150752918 and its investor relations email address is [email protected]. The official website for Daqo New Energy is www.dqsolar.com. Learn More about contacing Daqo New Energy investor relations.