DQ

Daqo New Energy Corp

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Advanced Chart

14.790

+0.310(+2.140%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

15.280

Open

14.400

VWAP

14.88

Vol

900.53K

Mkt Cap

971.74M

Low

14.110

Amount

13.40M

EV/EBITDA(TTM)

Total Shares

65.76M

333.24M

EV/OCF(TTM)

P/S(TTM)

0.95

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2024Q4

160.52M

-19.13%

-3.550

-477.66%

Estimates Revision

The market is revising Downward the revenue expectations for Daqo New Energy Corp. (DQ) for FY2025, with the revenue forecasts being adjusted by -42.18% over the past three months. During the same period, the stock price has changed by -16.91%.

Revenue Estimates for FY2025

Revise Downward

-42.18%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+2.94%

In Past 3 Month

Stock Price

Go Down

-16.91%

In Past 3 Month

3 Analyst Rating

43.14% Upside

Wall Street analysts forecast DQ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DQ is 21.17 USD with a low forecast of 17.00 USD and a high forecast of 28.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

2 Hold

0 Sell

Moderate Buy

43.14% Upside

Current: 14.790

Low

17.00

Averages

21.17

High

28.50

43.14% Upside

Current: 14.790

Low

17.00

Averages

21.17

High

28.50

Goldman Sachs

Chao Ji

Strong Buy

Hold

Downgrades

n/a

2025-04-15

Reason

Goldman Sachs

Chao Ji

Price Target

n/a

2025-04-15

Downgrades

Strong Buy

Hold

Reason

Goldman Sachs analyst Jacqueline Du downgraded Daqo New Energy to Neutral from Buy.

Daiwa Capital

Dennis Ip

Buy

Hold

Downgrades

$18 → $25

2024-10-09

Reason

Daiwa Capital

Dennis Ip

Price Target

$18 → $25

2024-10-09

Downgrades

Buy

Hold

Reason

Daiwa downgraded Daqo New Energy to Hold from Outperform with a price target of $25, up from $18. Following an 86% share price increase from the year-to-date low seen late in August, the firm says it believes the recent share price increase was mainly driven by market expectations about China's economic recovery, instead of fundamental changes, which "nonetheless boosted its valuation to a justified level."

Roth MKM

Philip Shen

Hold

Maintains

$23 → $15

2024-08-28

Reason

Roth MKM

Philip Shen

Price Target

$23 → $15

2024-08-28

Maintains

Hold

Reason

HSBC

Daniel Yang

Sell

Hold

Upgrades

$15

2024-08-27

Reason

HSBC

Daniel Yang

Price Target

$15

2024-08-27

Upgrades

Sell

Hold

Reason

Jefferies

Johnson Wan

Strong Buy

Maintains

$38 → $34

2024-08-26

Reason

Jefferies

Johnson Wan

Price Target

$38 → $34

2024-08-26

Maintains

Strong Buy

Reason

GLJ Research

Gordon Johnson

Strong Sell

Maintains

$20 → $13

2024-06-14

Reason

GLJ Research

Gordon Johnson

Price Target

$20 → $13

2024-06-14

Maintains

Strong Sell

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Daqo New Energy Corp (DQ.N) is -7.46, compared to its 5-year average forward P/E of -8.14. For a more detailed relative valuation and DCF analysis to assess Daqo New Energy Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-8.14

Current PE

-7.46

Overvalued PE

49.75

Undervalued PE

-66.04

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.39

Current EV/EBITDA

-8.47

Overvalued EV/EBITDA

5.43

Undervalued EV/EBITDA

-4.66

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

1.52

Current PS

1.13

Overvalued PS

2.30

Undervalued PS

0.73