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Daqo New Energy

DQNYSE
$16.96
-0.19-1.11%
Last update: 10:20 AM
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$139.10
Lowest Price Target1
$12.51
Consensus Price Target1
$49.01

Daqo New Energy (NYSE:DQ) Stock, Analyst Ratings, Price Targets, Forecasts

Daqo New Energy Corp has a consensus price target of $49.01 based on the ratings of 8 analysts. The high is $139.1 issued by Jefferies on October 11, 2021. The low is $12.51 issued by GLJ Research on June 14, 2024. The 3 most-recent analyst ratings were released by GLJ Research, HSBC, and Roth MKM on June 14, 2024, May 6, 2024, and April 30, 2024, respectively. With an average price target of $17.67 between GLJ Research, HSBC, and Roth MKM, there's an implied 4.19% upside for Daqo New Energy Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
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Mar
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Apr
0
0
0
0
May
1
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

GLJ Research
HSBC
Roth MKM
Daiwa Capital
Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for Daqo New Energy

Buy NowGet Alert
06/14/2024Buy Now-26.24%GLJ Research
Gordon Johnson
$19.66 → $12.51MaintainsSellGet Alert
05/06/2024Buy Now3.18%HSBC
Daniel Yang
→ $17.5DowngradeHold → ReduceGet Alert
04/30/2024Buy Now35.61%Roth MKM
Philip Shen
→ $23MaintainsNeutralGet Alert
03/15/2024Buy Now47.41%Daiwa Capital
Dennis Ip
→ $25DowngradeNeutral → UnderperformGet Alert
09/19/2023Buy Now88.68%Daiwa Capital
Dennis Ip
→ $32DowngradeOutperform → NeutralGet Alert
08/04/2023Buy Now128.18%HSBC
Daniel Yang
$42.8 → $38.7MaintainsHoldGet Alert
05/01/2023Buy Now168.87%HSBC
Daniel Yang
$44.6 → $45.6MaintainsHoldGet Alert
12/05/2022Buy Now312.74%Goldman Sachs
Chao Ji
$140 → $70DowngradeBuy → NeutralGet Alert
10/11/2021Buy Now720.17%Jefferies
Johnson Wan
MaintainsBuyGet Alert
08/31/2021Buy Now348.11%Daiwa Capital
Dennis Ip
DowngradeBuy → OutperformGet Alert
08/19/2021Buy Now206.6%Roth Capital
Philip Shen
MaintainsNeutralGet Alert
08/19/2021Buy Now212.5%Nomura Instinet
Donnie Teng
UpgradeReduce → NeutralGet Alert

FAQ

Q

What is the target price for Daqo New Energy (DQ) stock?

A

The latest price target for Daqo New Energy (NYSE:DQ) was reported by GLJ Research on June 14, 2024. The analyst firm set a price target for $12.51 expecting DQ to fall to within 12 months (a possible -26.24% downside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Daqo New Energy (DQ)?

A

The latest analyst rating for Daqo New Energy (NYSE:DQ) was provided by GLJ Research, and Daqo New Energy maintained their sell rating.

Q

When was the last upgrade for Daqo New Energy (DQ)?

A

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.

Q

When was the last downgrade for Daqo New Energy (DQ)?

A

The last downgrade for Daqo New Energy Corp happened on May 6, 2024 when HSBC changed their price target from $17.5 to $17.5 for Daqo New Energy Corp.

Q

When is the next analyst rating going to be posted or updated for Daqo New Energy (DQ)?

A

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 June 14, 2024 so you should expect the next rating to be made available sometime around June 14, 2025.

Q

Is the Analyst Rating Daqo New Energy (DQ) correct?

A

While ratings are subjective and will change, the latest Daqo New Energy (DQ) rating was a maintained with a price target of $19.66 to $12.51. The current price Daqo New Energy (DQ) is trading at is $16.96, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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