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Price
Target price
€12.10

€12.10

-2.480%
-0.3
-2.480%
€24.75
 
23.05.25 / Tradegate WKN: A1KAFV / Symbol: DQ / Name: Daqo New Energy / Stock / Renewable Energy / Small Cap /
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Daqo New Energy ADR Stock

We can see a decrease in the price for Daqo New Energy ADR. Compared to yesterday it has lost -€0.300 (-2.480%).
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Daqo New Energy ADR.
With a target price of 24 € there is a hugely positive potential of 98.35% for Daqo New Energy ADR compared to the current price of 12.1 €.
So far the community has only identified positive things for Daqo New Energy ADR stock. The most positive votes were given for criterium "Conscious of the environment".

Pros and Cons of Daqo New Energy ADR in the next few years

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Performance of Daqo New Energy ADR vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Daqo New Energy ADR -2.480% -7.634% -2.419% -35.294% -34.595% -72.184% 26.042%
Shunfeng International Clean Energy Ltd - 0.000% -57.143% -40.000% -53.846% -75.510% -65.714%
Dynagreen Environmental Protection Group Co. Ltd. -1.210% 1.240% 12.385% 56.051% 13.426% 32.432% 55.063%
Tecogen (new) New 6.040% 6.630% 131.138% 463.504% 201.563% 254.128% 407.895%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2024-08-01

Daqo New Energy, recognized by its US symbol DQ, resides at the intersection of finance and sustainability within the renewable energy sector. The company's financials present an intriguing blend of strengths and vulnerability, particularly as it navigates the volatile landscape of the solar energy market. The figures suggest a company that is poised for growth, yet also highlights challenges that may temper its long-term prospects.

Daqo's financial statements reflect remarkable growth over recent years, showcasing a notable increase in total assets and revenues. However, a closer look reveals fluctuations that prompt a deeper inquiry into its operational efficiency and market positioning. Key ratios and figures concerning profitability and liquidity further inform this analysis, painting a comprehensive picture of Daqo's current financial health.

Strong Revenue Growth: The revenue for 2022 reached approximately $4.61 billion, a clear indicator of Daqo’s strengthening market presence. However, it is essential to note that a decline was observed in the revenue growth year-over-year (YOY) for the latest quarter, reflecting challenges that need addressing.

Comments

Daqo New Energy Corp. (NYSE: DQ) was upgraded by analysts at Daiwa Capital Markets from a "neutral" rating to an "outperform" rating.
Ratings data for DQ provided by MarketBeat
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Daqo New Energy Corp. (NYSE: DQ) was upgraded by analysts at Hsbc Global Res from a "hold" rating to a "strong-buy" rating.
Ratings data for DQ provided by MarketBeat
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Daqo New Energy Corp. (NYSE: DQ) was upgraded by analysts at HSBC Holdings plc from a "hold" rating to a "buy" rating.
Ratings data for DQ provided by MarketBeat
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