Streetbeat News

DQ

Daqo New Energy Corp.

https://www.dqsolar.com

Industry

Semiconductors

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People's Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the People's Republic of China.

Open

21.67

Mkt cap

1.4B

Volume

1.1M

High

21.91

P/E Ratio

-12.92

52-wk high

30.85

Low

20.50

Div yield

N/A

52-wk low

13.62

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Portfolio Pulse from Avi Kapoor

October 23, 2024 | 10:36 am

Top Wall Street analysts have downgraded several stocks, including Blackstone Inc., Virpax Pharmaceuticals, Daqo New Energy Corp., and FactSet Research Systems. These downgrades reflect a shift in analyst sentiment, potentially impacting short-term stock performance.

Portfolio Pulse from Avi Kapoor

October 09, 2024 | 4:21 pm

Daiwa Capital has downgraded Daqo New Energy from Outperform to Hold, while raising the price target from $18 to $25.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 4:01 pm

US-listed Chinese stocks are experiencing a decline as Chinese planning officials did not meet investor expectations for economic stimulus.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:22 pm

The article highlights unusual options activity for several information technology stocks, indicating potential trading opportunities. Notable mentions include NVDA with bullish sentiment, AMD with bearish sentiment, and AAPL with bearish sentiment. Other stocks like DQ, SMCI, TSM, MSTR, WULF, MARA, and INTC also show varied sentiment in options trading.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 5:35 pm

Roth MKM analyst Philip Shen maintains a Neutral rating on Daqo New Energy (NYSE:DQ) and lowers the price target from $23 to $15.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:16 pm

HSBC analyst Daniel Yang has upgraded Daqo New Energy (NYSE:DQ) from Reduce to Hold, setting a price target of $15.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 11:43 am

The Dow Jones closed at a record high, while the Nasdaq fell due to a decline in Nvidia's stock ahead of its earnings report. The CNN Money Fear and Greed index remained neutral. Daqo New Energy reported poor results, and PDD Holdings saw a significant drop in stock price. Investors are awaiting earnings from ScanSource, PVH Corp, and Nordstrom.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 6:25 am

Jefferies analyst Johnson Wan maintains a Buy rating on Daqo New Energy but lowers the price target from $38.4 to $34.05.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 8:47 pm

Daqo New Energy reported weak Q2 results, missing revenue and earnings expectations. Energy shares rose, while information technology shares fell. Medirom Healthcare and Prestige Wealth saw significant stock price increases due to strategic announcements. Alarum Technologies and PDD Holdings experienced notable declines after disappointing financial results.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 6:40 pm

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