Daqo New Energy Corp's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 7/30 in the Renewable Energy industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 32.22.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Daqo New Energy Corp's Score
Industry at a Glance
Industry Ranking
7 / 30
Overall Ranking
169 / 4592
Industry
Renewable Energy
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
12
analysts
Buy
Current Rating
32.219
Target Price
-1.14%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Daqo New Energy Corp Highlights
StrengthsRisks
Daqo New Energy Corp. is a polysilicon manufacturer. The Company utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. The Company's segments include Polysilicon and Wafer. The Company manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed into ingots, wafers, cells and modules for solar power solutions. The Company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling and solidification needs. The Company offers wafers through its downstream photovoltaic product manufacturing business. The Company also provides wafer original equipment manufacturer (OEM) service to external customers through tolling agreements by processing polysilicon to produce ingot and wafer. Its annual capacity for polysilicon is approximately 12,150 metric tons (MT) in Xinjiang. The Company's wafer manufacturing annual capacity is approximately 90 million pieces.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Overvalued
The company’s latest PB is 0.50, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 31.84M shares, increasing 0.22% quarter-over-quarter.
Daqo New Energy Corp. is a polysilicon manufacturer. The Company utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. The Company's segments include Polysilicon and Wafer. The Company manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed into ingots, wafers, cells and modules for solar power solutions. The Company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling and solidification needs. The Company offers wafers through its downstream photovoltaic product manufacturing business. The Company also provides wafer original equipment manufacturer (OEM) service to external customers through tolling agreements by processing polysilicon to produce ingot and wafer. Its annual capacity for polysilicon is approximately 12,150 metric tons (MT) in Xinjiang. The Company's wafer manufacturing annual capacity is approximately 90 million pieces.
Ticker SymbolDQ
CompanyDaqo New Energy Corp
CEOXu (Xiaoyu)
Websitehttps://www.dqsolar.com
FAQs
What is the current price of Daqo New Energy Corp (DQ)?
The current price of Daqo New Energy Corp (DQ) is 32.260.
What is the symbol of Daqo New Energy Corp?
The ticker symbol of Daqo New Energy Corp is DQ.
What is the 52-week high of Daqo New Energy Corp?
The 52-week high of Daqo New Energy Corp is 36.590.
What is the 52-week low of Daqo New Energy Corp?
The 52-week low of Daqo New Energy Corp is 12.405.
What is the market capitalization of Daqo New Energy Corp?
The market capitalization of Daqo New Energy Corp is 2.16B.
What is the net income of Daqo New Energy Corp?
The net income of Daqo New Energy Corp is -345.21M.
Is Daqo New Energy Corp (DQ) currently rated as Buy, Hold, or Sell?
According to analysts, Daqo New Energy Corp (DQ) has an overall rating of Buy, with a price target of 32.219.
What is the Earnings Per Share (EPS TTM) of Daqo New Energy Corp (DQ)?
The Earnings Per Share (EPS TTM) of Daqo New Energy Corp (DQ) is -5.145.