DAQO New Energy Corp. DQ

Technology  —  Solar
11.47 0.02 0.17% as of 25 Sep
Market cap
$774.8M
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 774.82
Revenue 555.69
Net Income (258.74)
Free Cash Flow (261.49)
Net Debt (1,785.13)
Current Ratio 5.81
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.28
P/B ratio 0.03
Past 5Y EPS Growth 56.44%
This Y EPS Growth (73.46%)
Next Y EPS Growth 43.49%
Next 5Y EPS Growth 89.24%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield 1.15%
total individual payouts
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 3,048 2,135 2,067 1,785
Receivables 0 55 0 72
Inventory 173 150 169 363
Other 14 10 22 365
3,577 2,632 2,696 2,585
2023 2024 2025 Q'26
Payables 93 26 27 131
ST’ Debt — — — —
Other 149 37 49 81
836 521 502 445
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 13.84% (0.30%) (47.54%)
Cash Flow (2.87%) (25.03%) (72.78%)
Earnings 0.00% 0.00% 0.00%
Book Value 37.68% 49.25% (3.60%)

Revenue

Mar Jun Sep Dec Year
’26 27 63 — — —
’25 124 75 245 222 665
’24 415 220 198 195 1,029
’23 710 637 485 476 2,308
’22 1,280 1,244 1,220 864 4,608
’21 256 441 586 396 1,679
’20 169 134 126 248 676
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (148) (129) — — —
’25 (39) (67) 55 100 50
’24 (116) (163) (98) (59) (435)
’23 807 (21) 711 119 1,616
’22 231 897 568 766 2,463
’21 159 283 211 (14) 639
’20 31 16 24 139 210
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (176) (155) — — —
’25 (97) (97) 23 47 (123)
’24 (306) (274) (132) (92) (804)
’23 530 (250) 253 (99) 433
’22 130 897 568 (485) 1,212
’21 87 100 (233) (522) 131
’20 18 (31) 4 100 91
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (1.31) (1.20) — — —
’25 (1.07) (1.14) (0.22) (0.11) (2.53)
’24 0.24 (1.81) (0.92) (2.71) (5.22)
’23 3.52 1.34 (0.09) 0.64 5.62
’22 6.99 8.18 4.18 4.71 23.86
’21 1.08 3.03 3.81 1.94 9.85
’20 0.45 0.03 0.27 0.96 1.72
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
2.31 3.60 4.07 4.51 8.32 36.45 32.20 21.48 13.62 12.41

Analyst estimates 2026–2028

Powerpack
Low Price
5.52 12.79 14.50 10.70 68.81 130.33 77.18 55.60 30.85 36.59
High Price
1,813 1,702 1,518 1,892 1,896 2,399 4,099 5,765 4,749 3,842
Employees
0 0 0 0 0 1 1 0 0 0
Revenue/Emp
229 323 302 350 676 1,679 4,608 2,308 1,029 665
Revenue
35.11% 44.57% 32.53% 22.89% 34.63% 65.36% 73.95% 39.89% (20.69%) (20.72%)
Gross Margin
51 115 74 38 162 1,035 3,057 818 (518) (237)
EBT
22.38% 35.67% 24.37% 10.82% 24.00% 61.65% 66.33% 35.47% (50.34%) (35.63%)
EBT Margin
44 98 62 28 134 865 2,480 653 (448) (216)
Net Income
34 28 28 47 69 77 107 149 210 240
Depreciation
4.38 6.10 4.84 5.15 9.51 22.73 60.74 30.89 15.55 9.88
Revenue/Sh
0.83 1.75 0.61 0.43 1.82 10.24 24.51 5.64 (5.22) (2.53)
Earnings/Sh
1.88 2.69 1.53 2.67 2.95 8.65 32.46 21.63 (6.58) 0.74
Cash Flow/Sh
(1.29) (1.21) (2.29) (4.21) (1.67) (6.88) (16.48) (15.83) (5.58) (2.57)
Capex/Sh
0.60 1.48 (0.76) (1.54) 1.29 1.77 15.98 5.80 (12.16) (1.83)
Free CF/Sh
5.19 7.44 8.42 8.35 11.25 36.06 87.05 86.30 88.54 87.84
Book Value/Sh
52 53 62 68 71 74 76 75 66 67
Shares
4.77 7.13 6.80 23.70 31.73 3.94 1.62 4.61 0.00 0.00
PE Ratio
0.91 2.05 0.97 1.99 6.03 1.77 0.66 0.82 1.25 2.99
PS Ratio
0.76 1.68 0.56 1.23 5.10 1.12 0.46 0.29 0.22 0.34
PB Ratio
1.72 2.43 1.15 2.46 6.14 1.27 (0.09) (0.41) (0.62) 0.20
EV/Sales
12.63 9.98 (7.31) (8.78) 45.39 (3.68) (2.70) (2.46) 0.79 (0.98)
EV/FCF
99 143 96 181 210 639 2,463 1,616 (435) 50
Op' Cash Flow
(67) (64) (143) (286) (118) (508) (1,251) (1,183) (369) (173)
Capex
31 79 (48) (105) 91 131 1,212 433 (804) (123)
FCF
(176) (74) 10 (271) (104) 1,192 4,153 2,740 2,110 2,195
Working Cap'
218 185 172 280 194 — 21 — — —
Total Debt
186 122 56 166 75 (1,004) (3,513) (3,048) (2,135) (2,067)
Net Debt
272 395 525 567 799 2,664 6,605 6,448 5,858 5,916
Sh' Equity
6.60% 13.21% 4.75% 2.87% 10.59% 32.68% 33.28% 5.72% (4.99%) (2.65%)
ROA
8.96% 15.88% 8.74% 4.05% 13.43% 39.60% 61.47% 14.40% (6.52%) (4.39%)
ROIC
16.94% 27.87% 8.29% 5.41% 18.91% 43.26% 39.27% 6.58% (5.61%) (2.90%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

DAQO New Energy Corp. (DQ) key facts

  • DAQO New Energy Corp. (DQ) is a Solar company in the Technology sector, listed on the New York Stock Exchange.
  • DAQO New Energy Corp.’s revenue for fiscal 2025 (year ended December 2025) was $665.4 million, down 35.3% from fiscal 2024.
  • As of September 25, 2026, DQ traded at $11.47, a market capitalization of $774.8 million.
  • Return on equity was −2.90% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

DAQO New Energy Corp. (DQ) Latest News

News by impact score

Fine-tune

27 Aug

4

Daqo reduces losses through operational cuts and pivots toward AI initiatives to support future growth. Loss reduction paired with an AI pivot signals major strategic change that can reshape company trajectory.

25 Aug

3

DAQO New Energy Corp. holds $1.9B in liquidity but reports a negative gross margin, prompting assessment of which metric weighs more heavily on its outlook. Liquidity strength versus negative margins can shift near-term investor views and valuation for DAQO.

20 Aug

4

DAQO New Energy faces widening losses as polysilicon prices fall below production costs, pressuring financial results and investor returns. Widening losses and below-cost polysilicon pricing threaten to materially weaken DAQO New Energy's profitability and trajectory.

3 transcript

Daqo New Energy Corp reported Q2 2026 earnings call highlights focused on navigating polysilicon price volatility impacting core operations. Polysilicon price discussions in earnings call point to moderate effects on financial performance without major trajectory shifts.

3 transcript

DAQO New Energy Corp. held its Q2 earnings call, covering financial results, production updates, and solar market conditions. Q2 earnings updates influence short-term stock movement but rarely shift long-term company trajectory.

3

Daqo New Energy reported a Q2 net loss while exceeding revenue estimates. Mixed Q2 results may cause short-term share price volatility without altering long-term trajectory.

3

Daqo New Energy Corp. released unaudited second quarter 2026 financial results. Quarterly earnings announcements supply key financial metrics that can shift short-term stock valuation and investor views.

27 Jun

4

Daqo New Energy will establish a manufacturing base in Kunshan to produce energy solutions for AI data centers. New Kunshan base targets AI data center energy solutions and opens major growth avenue in expanding sector.

3 Jun

4

Daqo New Energy signed an investment agreement to establish a manufacturing base for next-generation energy solutions for AI data centers. Expansion into AI data center energy solutions represents a major strategic move that could significantly alter revenue streams and competitive positioning.

11 May

4

Analysts made a major revision to Daqo New Energy Corp. (NYSE:DQ) revenue forecasts. Major analyst revisions to revenue forecasts significantly influence investor sentiment and company trajectory.

9 May

4

Daqo New Energy Corp. (DQ) reported a Q1 2026 net loss, driven by a strategic reduction in sales volumes to prioritize pricing and profitability amid challenging market conditions. Q1 2026 loss combined with strategic sales reduction indicates major financial pressure and operational shifts likely to sway investor sentiment and trajectory.

4 May

3

Daqo New Energy Corp. grapples with upholding pricing discipline amid persistent losses and looming policy risks in the polysilicon market. Pricing tensions, losses, and policy uncertainties will moderately influence Daqo New Energy's financial performance and market positioning.

3 May

4

Roth Capital warns Daqo New Energy Corp. (DQ), under pressure, faces further challenges ahead. Roth Capital's warning signals major upcoming pressures likely to alter DQ's trajectory and investor sentiment.

30 Apr

4

DAQO New Energy Corp. (DQ) released highlights from its Q1 earnings call, covering financial results, operational updates, and forward guidance. Q1 earnings call highlights detail financial performance, production updates, and strategic outlook that significantly influence DQ's stock price and investor sentiment.

29 Apr

4

Daqo New Energy Corp. (DQ) announced unaudited first quarter 2026 financial results. Release of unaudited Q1 2026 financial results directly impacts financial performance metrics, investor sentiment, and stock trajectory.

3

Daqo New Energy Corp. (DQ) reported a Q1 net loss and revenue below analyst estimates. Q1 loss and revenue miss highlight weaker financial results, impacting short-term investor sentiment and stock performance.

28 Feb

4

DAQO New Energy Corp. (DQ) released Q4 earnings call highlights detailing financial results, operational updates, and future outlook. Q4 earnings call highlights disclose key financial metrics and guidance that significantly shape investor expectations and stock trajectory.

3

Daqo New Energy's stock prompts debate: cyclical inflection signaling recovery in polysilicon production or value trap amid volatile solar market dynamics and pricing pressures. Debate on cyclical recovery versus value trap moderately influences investor sentiment and short-to-medium term performance outlook.

26 Feb

4

Daqo New Energy Corp. (DQ) Q4 2025 earnings call highlights focus on navigating industry challenges amid financial results and strategic outlook. Q4 2025 earnings highlights detail strategic responses to challenges, likely driving significant shifts in performance and investor sentiment.

4

Daqo New Energy (DQ) forecasts weak 2025 results alongside higher 2026 output guidance, significantly altering its investment story amid shifting market dynamics. Weak 2025 results offset by higher 2026 output guidance represent a major shift in Daqo New Energy's financial trajectory and investor sentiment.

4

Daqo New Energy Corp. (DQ) released its Q4 earnings snapshot. Q4 earnings snapshots reveal financial performance metrics that significantly sway investor sentiment and stock valuation.

4

Daqo New Energy Corp. (DQ) announced unaudited financial results for the fourth quarter and full fiscal year 2025. Earnings results announcements significantly affect financial performance perceptions and stock price trajectory.

3

Daqo New Energy Corp. (DQ) reported a Q4 net loss and revenue that fell short of analyst estimates. Q4 loss and revenue miss will noticeably pressure Daqo New Energy's short-term financials and investor sentiment without fundamentally altering long-term trajectory.

26 Jan

4

DAQO New Energy Corp. (DQ) is highlighted as a top growth company with significant insider ownership as of January 2026. The article emphasizes the importance of insider ownership in assessing company performance and growth potential, suggesting that strong insider stakes can indicate confidence in the company's future. DQ's strategic positioning in the renewable energy sector and its financial metrics are also noted as contributing factors to its growth outlook. Significant insider ownership can indicate strong confidence in the company's future performance and growth potential.

17 Jan

3

DAQO New Energy Corp. (DQ) has experienced significant share price fluctuations recently, raising questions about its value proposition. Analysts are evaluating the company's financial health and market position amidst these changes, considering factors such as production capacity, demand for solar products, and broader market trends. Investors are urged to assess whether the current price reflects the company's potential for growth or if it is merely a reaction to market volatility. Recent share price swings indicate a moderately noticeable influence on investor sentiment and market performance.

16 Jan

3

DAQO New Energy Corp. (DQ) has experienced a decline in share price, prompting a reevaluation of its valuation. Analysts are assessing the company's financial health and market position in light of recent developments in the solar energy sector. Factors such as production capacity, pricing pressures, and regulatory changes are influencing investor sentiment. The company's future performance may hinge on its ability to navigate these challenges and capitalize on growth opportunities in the renewable energy market. Current market dynamics and production challenges are expected to moderately influence DAQO's financial performance and competitive positioning.

3

Daqo New Energy's subsidiary, Xinjiang Daqo, has provided a preliminary estimate indicating a net loss for the fiscal year 2025. This announcement raises concerns about the company's financial health and future performance. The projected net loss for FY2025 may moderately affect investor sentiment and financial performance.

12 Dec

3

DAQO New Energy Corp. has experienced a significant rally of 70.2% in 2025, raising questions about whether it is still a viable investment option. Analysts are evaluating the company's growth potential and market position amidst this surge, considering factors such as demand for solar energy and the company's operational efficiency. Investors are urged to assess the sustainability of this rally and the implications for future performance. The rally indicates a moderately noticeable influence on investor sentiment and market performance, but sustainability remains uncertain.

28 Nov

4

DAQO New Energy Corp. (DQ) is highlighted as a top growth company with strong insider ownership in November 2025. The article emphasizes the significance of insider ownership as a positive indicator for investors, suggesting that executives and board members are confident in the company's future. DQ's performance metrics and growth potential are discussed, showcasing its position in the renewable energy sector. The article also notes the importance of aligning interests between management and shareholders, which can lead to enhanced company performance and investor trust. Strong insider ownership can significantly influence investor sentiment and company performance.

20 Nov

4

DAQO New Energy Corp. (DQ) has outperformed oil and energy stocks this year, highlighting a shift in investor sentiment towards renewable energy. The company's strong performance is attributed to its strategic positioning in the solar energy sector, which is gaining traction amid increasing demand for clean energy solutions. Analysts suggest that DQ's growth may continue as traditional energy stocks face challenges related to market volatility and regulatory pressures. This trend indicates a potential long-term shift in investment focus towards sustainable energy companies like DQ. The shift in investor sentiment towards renewable energy and DQ's strong performance could significantly alter its market trajectory.

stockrow.com/DQ · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com