$22.36
0.25[1.13%]
At close: Apr 22
$22.36
0[0.00%]
After Hours: 6:20PM EDT
Daqo New Energy
(NYSE:DQ)Daqo New Energy Stock (NYSE:DQ), Analyst Ratings, Price Targets, Predictions
Daqo New Energy Corp has a consensus price target of $69.97, established from looking at the 11 latest analyst ratings. The last 3 analyst ratings were released from Daiwa Capital, Daiwa Capital, and HSBC on March 15, 2024, September 19, 2023, and August 4, 2023. With an average price target of $31.9 between Daiwa Capital, Daiwa Capital, and HSBC, there's an implied 42.67% upside for Daqo New Energy Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Daiwa Capital
HSBC
Goldman Sachs
Jefferies
Roth Capital
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Daqo New Energy
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/15/2024 | DQ | Buy Now | Daqo New Energy | $22.36 | 11.81% | Daiwa Capital | Dennis Ip | → $25 | Downgrade | Neutral → Underperform | Get Alert |
| 09/19/2023 | DQ | Buy Now | Daqo New Energy | $22.36 | 43.11% | Daiwa Capital | Dennis Ip | → $32 | Downgrade | Outperform → Neutral | Get Alert |
| 08/04/2023 | DQ | Buy Now | Daqo New Energy | $22.36 | 73.08% | HSBC | Daniel Yang | $42.8 → $38.7 | Maintains | Hold | Get Alert |
| 05/01/2023 | DQ | Buy Now | Daqo New Energy | $22.36 | 103.94% | HSBC | Daniel Yang | $44.6 → $45.6 | Maintains | Hold | Get Alert |
| 12/05/2022 | DQ | Buy Now | Daqo New Energy | $22.36 | 213.06% | Goldman Sachs | Chao Ji | $140 → $70 | Downgrade | Buy → Neutral | Get Alert |
| 10/11/2021 | DQ | Buy Now | Daqo New Energy | $22.36 | 522.09% | Jefferies | Johnson Wan | — | Maintains | Buy | Get Alert |
| 08/31/2021 | DQ | Buy Now | Daqo New Energy | $22.36 | 239.89% | Daiwa Capital | Dennis Ip | — | Downgrade | Buy → Outperform | Get Alert |
| 08/19/2021 | DQ | Buy Now | Daqo New Energy | $22.36 | 132.56% | Roth Capital | Philip Shen | — | Maintains | Neutral | Get Alert |
| 08/19/2021 | DQ | Buy Now | Daqo New Energy | $22.36 | 137.03% | Nomura Instinet | Donnie Teng | — | Upgrade | Reduce → Neutral | Get Alert |
| 06/10/2021 | DQ | Buy Now | Daqo New Energy | $22.36 | 400.89% | HSBC | — | — | Initiates | → Buy | Get Alert |
| 05/19/2021 | DQ | Buy Now | Daqo New Energy | $22.36 | 213.06% | Roth Capital | Philip Shen | — | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Daqo New Energy (DQ)?
The latest price target for Daqo New Energy (NYSE: DQ) was reported by Daiwa Capital on March 15, 2024. The analyst firm set a price target for $25.00 expecting DQ to rise to within 12 months (a possible 11.81% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Daqo New Energy (DQ)?
The latest analyst rating for Daqo New Energy (NYSE: DQ) was provided by Daiwa Capital, and Daqo New Energy downgraded their underperform rating.
When was the last upgrade for Daqo New Energy (DQ)?
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.
When was the last downgrade for Daqo New Energy (DQ)?
The last downgrade for Daqo New Energy Corp happened on March 15, 2024 when Daiwa Capital changed their price target from N/A to $25 for Daqo New Energy Corp.
When is the next analyst rating going to be posted or updated for Daqo New Energy (DQ)?
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 March 15, 2024 so you should expect the next rating to be made available sometime around March 15, 2025.
Is the Analyst Rating Daqo New Energy (DQ) correct?
While ratings are subjective and will change, the latest Daqo New Energy (DQ) rating was a downgraded with a price target of $0.00 to $25.00. The current price Daqo New Energy (DQ) is trading at is $22.36, which is within the analyst’s predicted range.
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