Next quarter’s earnings estimate for DQ is -$2.08 with a range of -$3.55 to -$0.61. The previous quarter’s EPS was -$0.92. DQ beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 50.00% of the time in the same period. In the last calendar year DQ has Preformed in-line its overall industry.

DQ Sales Forecast

Next quarter’s sales forecast for DQ is $153.54M with a range of $152.08M to $155.00M. The previous quarter’s sales results were $198.50M. DQ beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 60.00% of the time in the same period. In the last calendar year DQ has Outperformed its overall industry.

Detailed List of Analyst Forecasts

Ranks

Any

Analyst Rating

Any

Upside/ Downside

Any

Action

Any

Philip Shen

Roth MKM

$15→$23

Hold

1.77%

Upside

Reiterated

10/31/24

Roth MKM Sticks to Its Hold Rating for Daqo New Energy (DQ)

Dennis Ip

Daiwa

$25

Buy

10.62%

Upside

Upgraded

10/30/24

Daqo New Energy upgraded to Outperform from Hold at DaiwaDaqo New Energy upgraded to Outperform from Hold at Daiwa

Johnson Wan

Jefferies

$34.05→$35.54

Buy

57.26%

Upside

Reiterated

10/30/24

Daqo New Energy (DQ) PT Raised to $35.54 at JefferiesJefferies analyst Johnson Wan raised the price target on Daqo New Energy (NYSE: DQ) to $35.54 (from $34.05) while maintaining a Buy rating.

Alan Hon

J.P. Morgan

$23→$27.1

Buy

19.91%

Upside

Reiterated

10/14/24

Analysts' Opinions Are Mixed on These Technology Stocks: Zoom Video Communications (NASDAQ: ZM), Texas Instruments (NASDAQ: TXN) and Daqo New Energy (NYSE: DQ)

Daniel Yang

HSBC

$29.3→$25

Hold

10.62%

Upside

Downgraded

10/08/24

HSBC downgrades Daqo New Energy (DQ) to HoldHSBC analyst Daniel Yang downgraded Daqo New Energy (NYSE: DQ) from Buy to Hold with a price target of $25.00.

Jacqueline Du

Goldman Sachs

$21.8

Buy

-3.54%

Downside

Initiated

07/11/24

Daqo New Energy initiated with a Buy at Goldman SachsDaqo New Energy initiated with a Buy at Goldman Sachs

Gordon Johnson

GLJ Research

$12.51

Sell

-44.65%

Downside

Assigned

06/14/24

Bearish Outlook: Daqo New Energy Faces Sell Rating Amidst Earnings Decline and Cash Burn Concerns

Stocks with the Highest Top Analyst Consensus in the Technology Sector

xxx

Find stocks in the Technology sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Daqo New Energy

Which Analyst Should I Follow If I Want to Buy DQ and Sell After:

1 Month

xxx

Success Rate

10/16 ratings generated profit

Average Return

+13.52%

reiterated a xxx

rating 4 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 1 Month would result in 62.50% of your transactions generating a profit, with an average return of +13.52% per trade.

3 Months

xxx

Success Rate

9/16 ratings generated profit

Average Return

+20.29%

reiterated a xxx

rating 4 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 3 Months would result in 56.25% of your transactions generating a profit, with an average return of +20.29% per trade.

1 Year

Alan HonJ.P. Morgan

Success Rate

9/16 ratings generated profit

Average Return

+40.37%

reiterated a buy rating 4 months ago

Copying Alan Hon's trades and holding each position for 1 Year would result in 56.25% of your transactions generating a profit, with an average return of +40.37% per trade.

2 Years

xxx

Success Rate

9/16 ratings generated profit

Average Return

+32.76%

reiterated a xxx

rating 4 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 2 Years would result in 56.25% of your transactions generating a profit, with an average return of +32.76% per trade.

The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

DQ Analyst Recommendation Trends

Rating

Jun 24

Jul 24

Aug 24

Sep 24

Oct 24

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, DQ has received 6 Buy Ratings, 6 Hold Ratings, and 0 Sell Ratings. DQ average Analyst price target in the past 3 months is $23.00.

Each month's total comprises the sum of three months' worth of ratings.

DQ Stock Forecast FAQ

What is DQ’s average 12-month price target, according to analysts?

Based on analyst ratings, Daqo New Energy’s 12-month average price target is $23.00.

What is DQ’s upside potential, based on the analysts’ average price target?

Daqo New Energy has 1.77% upside potential, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.

Is DQ a Buy, Sell or Hold?

Daqo New Energy has a consensus rating of Hold which is based on 0 buy ratings, 0 hold ratings and 0 sell ratings.

What is Daqo New Energy’s price target?

The average price target for Daqo New Energy is $23.00. This is based on 0 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $23.00 ,the lowest forecast is $23.00. The average price target represents 1.77% Increase from the current price of $22.6.

What do analysts say about Daqo New Energy?

Daqo New Energy’s analyst rating consensus is a Hold. This is based on the ratings of 0 Wall Streets Analysts.

How can I buy shares of DQ?

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Daqo New Energy (DQ) Stock Forecast & Price Target

DQ Financial Forecast

DQ Earnings Forecast

DQ Sales Forecast

Detailed List of Analyst Forecasts​

Best Analysts Covering Daqo New Energy

DQ Analyst Recommendation Trends

DQ Stock Forecast FAQ

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Detailed List of Analyst Forecasts