Average Price Target: $90.42
▲ +49.45% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Daqo New Energy in the last 3 months. The average price target is $90.42, with a high forecast of $112.00 and a low forecast of $62.00. The average price target represents a 49.45% upside from the last price of $60.50.
The current consensus among 5 contributing investment analysts is to buy stock in Daqo New Energy. This rating has held steady since April 2021, when it changed from a Hold consensus rating.
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People's Republic of China. The photovoltaic product manufactures further process its polysilicon into ingots, wafers, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, and packaged to meet crucible stacking, pulling, and solidification products. 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 headquartered in Shanghai, the People's Republic of China.