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Daqo New Energy - DQ Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $22.26
  • Forecasted Upside: 27.14%
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 3 Strong Buy Ratings
$17.51 As of 12/20/2024 06:31 PM ET
▲ +0.11 (0.63%)

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 $22.26
▲ +27.14% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Daqo New Energy in the last 3 months. The average price target is $22.26, with a high forecast of $34.05 and a low forecast of $15.00. The average price target represents a 27.14% upside from the last price of $17.51.

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 Buy

The current consensus among 8 investment analysts is to buy stock in Daqo New Energy. This rating has held steady since October 2024, when it changed from a Moderate Buy consensus rating.

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
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 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
  • 2 sell ratings
Ratings as of
6/24/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
9/22/2024
  • 3 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 3 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/30/2024Daiwa AmericaUpgradeHold ➝ Strong-Buy
10/30/2024Daiwa Capital MarketsUpgradeNeutral ➝ Outperform
10/9/2024Daiwa AmericaUpgradeHold
10/9/2024Daiwa Capital MarketsReiterated RatingOutperform ➝ Hold$18.00 ➝ $25.00
10/2/2024Hsbc Global ResUpgradeHold ➝ Strong-Buy
10/2/2024HSBCUpgradeHold ➝ Buy
8/28/2024Nomura SecuritiesUpgradeStrong-Buy
8/28/2024Roth MkmLower TargetNeutral ➝ Neutral$23.00 ➝ $15.00
8/27/2024Hsbc Global ResUpgradeModerate Sell ➝ Hold
8/27/2024HSBCUpgradeReduce ➝ Hold$15.00
8/26/2024Jefferies Financial GroupLower TargetBuy ➝ Buy$38.40 ➝ $34.05
7/11/2024The Goldman Sachs GroupInitiated CoverageBuy
5/6/2024HSBCReiterated RatingHold ➝ Reduce$23.50 ➝ $17.50
4/30/2024Roth MkmReiterated RatingNeutral ➝ Neutral$23.00
3/15/2024Daiwa Capital MarketsReiterated RatingNeutral ➝ Underperform$25.00
9/19/2023Daiwa Capital MarketsDowngradeOutperform ➝ Neutral$45.00 ➝ $32.00
8/4/2023NomuraUpgradeNeutral ➝ Buy$45.00
8/4/2023HSBCLower TargetHold ➝ Hold$42.80 ➝ $38.70
5/4/2023Daiwa Capital MarketsUpgradeNeutral ➝ Outperform
5/1/2023HSBCBoost Target$44.60 ➝ $45.60
12/5/2022The Goldman Sachs GroupDowngradeBuy ➝ Neutral$140.00 ➝ $70.00
9/15/2022Daiwa Capital MarketsDowngradeOutperform ➝ Neutral
7/12/2022Daiwa Capital MarketsBoost Target$47.00 ➝ $80.00
5/4/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
11/1/2021Roth CapitalReiterated RatingAverage ➝ Neutral$52.00 ➝ $79.00
10/11/2021Jefferies Financial GroupLower TargetBuy$146.50 ➝ $139.10
8/19/2021Roth CapitalBoost TargetNeutral$52.00 ➝ $73.00
8/19/2021Nomura InstinetUpgradeReduce ➝ Neutral$48.00 ➝ $53.00
8/19/2021NomuraUpgradeReduce ➝ Neutral$48.00 ➝ $53.00
7/12/2021Roth CapitalLower TargetNeutral ➝ Neutral$79.00 ➝ $73.00
6/10/2021HSBCInitiated CoverageBuy$112.00
6/7/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
6/1/2021Roth CapitalBoost TargetNeutral$70.00 ➝ $79.00
5/19/2021Roth CapitalLower TargetPositive ➝ Neutral$97.00 ➝ $70.00
4/22/2021Jefferies Financial GroupInitiated CoverageBuy$108.66
3/10/2021Roth CapitalLower TargetNeutral$115.00 ➝ $97.00
3/2/2021Roth CapitalBoost TargetNeutral$105.00 ➝ $115.00
1/26/2021Roth CapitalBoost TargetNeutral$40.00 ➝ $100.00
12/8/2020The Goldman Sachs GroupInitiated CoverageBuy$62.00
10/26/2020Roth CapitalDowngradeBuy ➝ Neutral$44.00 ➝ $40.00
10/16/2020Roth CapitalBoost TargetPositive ➝ Buy$30.00 ➝ $44.00
8/19/2020Roth CapitalBoost TargetBuy$24.00 ➝ $30.00
7/8/2020Roth CapitalBoost TargetBuy$16.00 ➝ $21.00
4/29/2020JPMorgan Chase & Co.Lower TargetOverweight$15.00 ➝ $13.80
3/12/2020Roth CapitalBoost Target$11.00 ➝ $14.00
3/10/2020Daiwa Capital MarketsInitiated CoverageBuy
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.66 (Strong 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
  • 16 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 9 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 11 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 8 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 13 very positive mentions
  • 18 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
Mentions as of
9/22/2024
  • 20 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 15 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 12 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 12 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

  • No positive mentions tracked during this time.

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: $17.51
Low: $17.15
High: $17.80

50 Day Range

MA: $20.38
Low: $17.21
High: $29.15

52 Week Range

Now: $17.51
Low: $13.62
High: $30.85

Volume

614,697 shs

Average Volume

1,158,656 shs

Market Capitalization

$1.16 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.28

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 America, Daiwa Capital Markets, Hsbc Global Res, HSBC Holdings plc, Jefferies Financial Group Inc., Nomura Securities, Roth Mkm, StockNews.com, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for DQ.

What is the current price target for Daqo New Energy?

0 Wall Street analysts have set twelve-month price targets for Daqo New Energy in the last year. Their average twelve-month price target is $22.26, suggesting a possible upside of 27.1%. Jefferies Financial Group Inc. has the highest price target set, predicting DQ will reach $34.05 in the next twelve months. HSBC Holdings plc has the lowest price target set, forecasting a price of $15.00 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 hold rating, 4 buy ratings and 3 strong buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe DQ will outperform the market and that investors should add to their positions of Daqo New Energy.
View the latest ratings for DQ.

What other companies compete with Daqo New Energy?

Other companies that are similar to Daqo New Energy include Impinj, Allegro MicroSystems, LG Display, Kulicke and Soffa Industries and Viavi Solutions. 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.