Daqo New Energy (DQ) Projected to Post Earnings on Tuesday

Daqo New Energy (NYSE:DQ) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect Daqo New Energy to post earnings of ($1.02) per share and revenue of $176.81 million for the quarter.

Daqo New Energy (NYSE:DQ) last posted its quarterly earnings data on Thursday, February 27th. The semiconductor company reported ($2.71) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.69) by ($2.02). The company had revenue of $195.36 million for the quarter, compared to analysts’ expectations of $153.54 million. Daqo New Energy had a negative return on equity of 1.90% and a negative net margin of 9.16%. On average, analysts expect Daqo New Energy to post $-4 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Daqo New Energy Stock Up 2.4 %

Shares of NYSE DQ opened at $14.83 on Friday. Daqo New Energy has a 52-week low of $12.90 and a 52-week high of $30.85. The business’s 50 day moving average is $17.58 and its two-hundred day moving average is $19.13. The firm has a market cap of $978.88 million, a price-to-earnings ratio of -8.02 and a beta of 0.37.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. StockNews.com upgraded Daqo New Energy to a “sell” rating in a report on Monday, April 21st. The Goldman Sachs Group lowered shares of Daqo New Energy from a “buy” rating to a “neutral” rating and set a $17.00 price objective for the company. in a research note on Tuesday, April 15th. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $21.21.

About Daqo New Energy

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers 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.