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Daqo New Energy (DQ) Stock Forecast, Price Target & Predictions

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DQ Stock Forecast

Daqo New Energy (DQ) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $32.42, with a high of $35.54 and a low of $29.30. This represents a 81.42% increase from the last price of $17.87.

$10 $16 $22 $28 $34 $40 High: $35.54 Avg: $32.42 Low: $29.3 Last Closed Price: $17.87

DQ Stock Rating

Daqo New Energy stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (50.00%), 2 Hold (33.33%), 1 Sell (16.67%), and 0 Strong Sell (0.00%).

Buy
Total 6 0 1 2 3 Strong Sell Sell Hold Buy Strong Buy

DQ Forecast vs Benchmarks

TypeNameUpside
StockDaqo New Energy81.42%
SectorTechnology Stocks 13.03%
IdeaSemiconductor Stocks List 17.80%

Price Target Trends

1M3M12M
# Anlaysts-16
Avg Price Target-$35.54$25.23
Last Closing Price$17.87$17.87$17.87
Upside/Downside-98.88%41.19%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25432--9
Dec, 24432--9
Nov, 24432--9
Oct, 244641-15
Sep, 244642-16
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Johnson WanJefferies$35.54$22.2659.66%98.88%
Oct 02, 2024Daniel YangNew Street$29.30$21.9333.61%63.96%
Aug 27, 2024Daniel YangNew Street$15.00$15.28-1.83%-16.06%
Aug 26, 2024Johnson WanJefferies$34.05$14.69131.79%90.54%
Jun 14, 2024Gordon JohnsonGLJ Research$12.51$19.33-35.28%-29.99%
Mar 15, 2024Dennis IpNew Street$25.00$26.69-6.33%39.90%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024JefferiesBuyBuyhold
Oct 30, 2024DaiwaHoldOutperformupgrade
Oct 09, 2024DaiwaHolddowngrade
Aug 27, 2024HSBCReduceHoldupgrade
Aug 26, 2024JefferiesBuyBuyhold
Jul 11, 2024Goldman SachsNeutralBuyinitialise
Jun 14, 2024GLJ ResearchSellSellhold
May 06, 2024HSBCReducedowngrade
Dec 05, 2022Goldman SachsNeutraldowngrade
May 20, 2021Roth CapitalNeutralNeutralhold

Financial Forecast

EPS Forecast

$-5 $4 $13 $22 $31 $40 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.82$10.15$24.00$5.62-----
Avg Forecast$2.05$11.94$27.09$6.07$-3.83$-2.05$0.95$4.50$1.18
High Forecast$1.61$9.34$19.68$5.89$-4.27$-2.22$0.53$3.51$0.92
Low Forecast$2.74$15.92$35.53$6.38$-3.39$-1.89$1.42$5.76$1.51
Surprise %-11.22%-14.99%-11.41%-7.41%-----

Revenue Forecast

$500M $2B $3B $4B $5B $6B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$675.60M$1.68B$4.61B$2.31B-----
Avg Forecast$689.67M$1.91B$4.68B$2.38B$995.85M$1.38B$1.95B$2.69B$2.01B
High Forecast$574.05M$1.59B$3.69B$2.32B$974.85M$1.27B$1.95B$2.69B$1.67B
Low Forecast$866.63M$2.40B$5.80B$2.42B$1.02B$1.51B$1.95B$2.69B$2.44B
Surprise %-2.04%-11.96%-1.49%-2.89%-----

Net Income Forecast

$-2B $-1B $-200M $700M $2B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$129.19M$748.92M$1.82B$421.16M-----
Avg Forecast$153.87M$895.16M$1.02B$421.16M$-1.44B$-770.03M$366.14M$1.74B$442.28M
High Forecast$120.34M$700.07M$818.87M$336.93M$-1.60B$-833.40M$198.35M$1.31B$344.90M
Low Forecast$205.20M$1.19B$1.23B$505.39M$-1.27B$-706.65M$533.92M$2.16B$565.93M
Surprise %-16.04%-16.34%77.79%------

DQ Forecast FAQ

Is Daqo New Energy stock a buy?

Daqo New Energy stock has a consensus rating of Buy, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 2 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Daqo New Energy is a favorable investment for most analysts.

What is Daqo New Energy's price target?

Daqo New Energy's price target, set by 6 Wall Street analysts, averages $32.42 over the next 12 months. The price target range spans from $29.3 at the low end to $35.54 at the high end, suggesting a potential 81.42% change from the previous close price of $17.87.

How does Daqo New Energy stock forecast compare to the average forecast of its sector, industry, and investment themes?

Daqo New Energy stock forecast shows a 81.42% upside, outperforming the average forecast for the technology stocks sector (13.03%), leading the semiconductor stocks list (17.80%) investment theme.

What is the breakdown of analyst ratings for Daqo New Energy over the past three months?

  • January 2025: 44.44% Strong Buy, 33.33% Buy, 22.22% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 44.44% Strong Buy, 33.33% Buy, 22.22% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 44.44% Strong Buy, 33.33% Buy, 22.22% Hold, 0% Sell, 0% Strong Sell.

What is Daqo New Energy’s EPS forecast?

Daqo New Energy's average annual EPS forecast for its fiscal year ending in December is -3.83 for 2024, a -168.15% decrease from the reported $5.62 in 2023. The prediction for 2025 is $-2.05, $0.95 for 2026, $4.5 for 2027, and $1.18 for 2028.

What is Daqo New Energy’s revenue forecast?

Daqo New Energy's average annual revenue forecast for its fiscal year ending in December is $995.85M for 2024, a -56.86% decrease from the reported $2.31B in 2023. The forecast for 2025 is $1.38B, $1.95B for 2026, $2.69B for 2027, and $2.01B for 2028.

What is Daqo New Energy’s net income forecast?

For its fiscal year ending in December, Daqo New Energy's average annual net income forecast is $-1.435B for 2024, reflecting a -440.80% decrease from the reported $421.16M in 2023. The projection for 2025 is $-770M, $366.14M for 2026, $1.74B for 2027, and $442.28M for 2028.