$20.45
0.24[1.19%]
At close: May 24
$20.45
0[0.00%]
After Hours: 6:45PM EDT
Daqo New Energy
(NYSE:DQ)Daqo New Energy Stock (NYSE:DQ), Analyst Ratings, Price Targets, Predictions
Daqo New Energy Corp has a consensus price target of $61.45, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from HSBC, Roth MKM, and Daiwa Capital on May 6, 2024, April 30, 2024, and March 15, 2024. With an average price target of $21.83 between HSBC, Roth MKM, and Daiwa Capital, there's an implied 6.76% upside for Daqo New Energy Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
HSBC
Roth MKM
Daiwa Capital
Goldman Sachs
Jefferies
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Daqo New Energy
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/06/2024 | Buy Now | -14.43% | HSBC | Daniel Yang | → $17.5 | Downgrade | Hold → Reduce | Get Alert |
| 04/30/2024 | Buy Now | 12.47% | Roth MKM | Philip Shen | → $23 | Maintains | Neutral | Get Alert |
| 03/15/2024 | Buy Now | 22.25% | Daiwa Capital | Dennis Ip | → $25 | Downgrade | Neutral → Underperform | Get Alert |
| 09/19/2023 | Buy Now | 56.48% | Daiwa Capital | Dennis Ip | → $32 | Downgrade | Outperform → Neutral | Get Alert |
| 08/04/2023 | Buy Now | 89.24% | HSBC | Daniel Yang | $42.8 → $38.7 | Maintains | Hold | Get Alert |
| 05/01/2023 | Buy Now | 122.98% | HSBC | Daniel Yang | $44.6 → $45.6 | Maintains | Hold | Get Alert |
| 12/05/2022 | Buy Now | 242.3% | Goldman Sachs | Chao Ji | $140 → $70 | Downgrade | Buy → Neutral | Get Alert |
| 10/11/2021 | Buy Now | 580.2% | Jefferies | Johnson Wan | — | Maintains | Buy | Get Alert |
| 08/31/2021 | Buy Now | 271.64% | Daiwa Capital | Dennis Ip | — | Downgrade | Buy → Outperform | Get Alert |
| 08/19/2021 | Buy Now | 154.28% | Roth Capital | Philip Shen | — | Maintains | Neutral | Get Alert |
| 08/19/2021 | Buy Now | 159.17% | Nomura Instinet | Donnie Teng | — | Upgrade | Reduce → Neutral | Get Alert |
| 06/10/2021 | Buy Now | 447.68% | HSBC | — | — | Initiates | → Buy | Get Alert |
FAQ
What is the target price for Daqo New Energy (DQ)?
The latest price target for Daqo New Energy (NYSE: DQ) was reported by HSBC on May 6, 2024. The analyst firm set a price target for $17.50 expecting DQ to fall to within 12 months (a possible -14.43% downside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Daqo New Energy (DQ)?
The latest analyst rating for Daqo New Energy (NYSE: DQ) was provided by HSBC, and Daqo New Energy downgraded their reduce rating.
When was the last upgrade for Daqo New Energy (DQ)?
The last upgrade for Daqo New Energy Corp happened on August 19, 2021 when Nomura Instinet raised their price target to $53. Nomura Instinet previously had a reduce for Daqo New Energy Corp.
When was the last downgrade for Daqo New Energy (DQ)?
The last downgrade for Daqo New Energy Corp happened on May 6, 2024 when HSBC changed their price target from N/A to $17.5 for Daqo New Energy Corp.
When is the next analyst rating going to be posted or updated for Daqo New Energy (DQ)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Daqo New Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Daqo New Energy was filed on May 6, 2024 so you should expect the next rating to be made available sometime around May 6, 2025.
Is the Analyst Rating Daqo New Energy (DQ) correct?
While ratings are subjective and will change, the latest Daqo New Energy (DQ) rating was a downgraded with a price target of $0.00 to $17.50. The current price Daqo New Energy (DQ) is trading at is $20.45, which is out of the analyst’s predicted range.
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