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Daqo New Energy Analyst Ratings

Benzinga ·  Aug 4, 2023 07:00
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/04/2023 12.7% HSBC $42.8 → $38.7 Maintains Hold
05/01/2023 32.79% HSBC $44.6 → $45.6 Maintains Hold
12/05/2022 103.84% Goldman Sachs $140 → $70 Downgrades Buy → Neutral
10/11/2021 305.07% Jefferies $146.5 → $139.1 Maintains Buy
08/31/2021 121.32% Daiwa Capital → $76 Downgrades Buy → Outperform
08/19/2021 51.43% Roth Capital $73 → $52 Maintains Neutral
08/19/2021 54.34% Nomura Instinet $48 → $53 Upgrades Reduce → Neutral
06/10/2021 226.15% HSBC → $112 Initiates Coverage On → Buy
05/19/2021 103.84% Roth Capital $97 → $70 Maintains Neutral
04/22/2021 216.42% Jefferies → $108.66 Initiates Coverage On → Buy
04/13/2021 -35.53% GLJ Research → $22.14 Initiates Coverage On → Sell
01/27/2021 191.21% Roth Capital $40 → $100 Maintains Neutral
10/19/2020 540.65% Roth Capital $150 → $220 Maintains Buy
04/29/2020 100.93% JP Morgan $75 → $69 Maintains Overweight
08/08/2018 Roth Capital Upgrades Neutral → Buy

What is the target price for Daqo New Energy (DQ)?

The latest price target for Daqo New Energy (NYSE: DQ) was reported by HSBC on August 4, 2023. The analyst firm set a price target for $38.70 expecting DQ to rise to within 12 months (a possible 12.70% upside). 3 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 HSBC, and Daqo New Energy maintained their hold rating.

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 August 4, 2023 so you should expect the next rating to be made available sometime around August 4, 2024.

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 maintained with a price target of $42.80 to $38.70. The current price Daqo New Energy (DQ) is trading at is $34.34, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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