Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People's Republic of China. The photovoltaic product manufactures further process its polysilicon into ingots, wafers, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, and packaged to meet crucible stacking, pulling, and solidification products. 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 headquartered in Shanghai, the People's Republic of China.
IPO Year: 2010
Exchange: NYSE
Website: dqsolar.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/30/2025 | $14.00 | Buy → Hold | HSBC Securities |
| 4/15/2025 | $17.00 | Buy → Neutral | Goldman |
| 10/30/2024 | Neutral → Outperform | Daiwa Securities | |
| 10/2/2024 | Hold → Buy | HSBC Securities | |
| 8/27/2024 | $15.00 | Reduce → Hold | HSBC Securities |
| 7/11/2024 | Buy | Goldman | |
| 5/6/2024 | $23.50 → $17.50 | Hold → Reduce | HSBC Securities |
| 9/19/2023 | $45.00 → $32.00 | Outperform → Neutral | Daiwa Securities |
| 8/4/2023 | $45.00 | Neutral → Buy | Nomura |
| 5/5/2023 | Neutral → Outperform | Daiwa Securities |
SHANGHAI, April 29, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, which contains the Company's audited consolidated financial statements, with the Securities and Exchange Commission (the "SEC") on April 29 2025. The annual report on Form 20-F can be accessed and downloaded from the SEC's website at www.sec.gov or through the investor relations section of the Company's website at https://www.dqsolar.com/. Holders of the Company's securities may request a
SHANGHAI, April 29, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter of 2025. First Quarter 2025 Financial and Operating Highlights Total cash, short-term investments, bank notes receivable and fixed term bank deposit balance was $2.15 billion at the end of Q1 2025, compared to $2.22 billion at the end of Q4 2024Polysilicon production volume was 24,810 MT in Q1 2025, compared to 34,236 MT in Q4 2024Polysilicon sales volume was 28,008 MT in Q1 2025 compared to 42,191 MT in Q4 2024Polysilicon a
SHANGHAI, April 15, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for first quarter of 2025 ended March 31, 2025 before U.S. markets open on Tuesday, April 29, 2025. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on Tuesday, April 29, 2025 (8:00 PM Beijing / Hong Kong time on the same day). The dial-in details for the earnings conference call are as follows: Participant dial in (U.S. toll free): +1-888-346-8982 Participant international dial in: +1-
SHANGHAI, Feb. 27, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the fourth quarter and fiscal year of 2024. Fourth Quarter 2024 Financial and Operating Highlights Total cash, short-term investments, bank note receivables and fixed term bank deposit balance was $2.2 billion at the end of Q4 2024, compared to $2.4 billion at the end of Q3 2024Polysilicon production volume was 34,236 MT in Q4 2024, compared to 43,592 MT in Q3 2024Polysilicon sales volume was 42,191 MT in Q4 2024, compared to 42,101 MT in Q3 2
SHANGHAI, Feb. 12, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for fourth quarter and fiscal year of 2024 ended December 31, 2024 before U.S. markets open on Thursday, February 27, 2025. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on February 27, 2025 (9:00 PM Beijing / Hong Kong time on the same day). The dial-in details for the earnings conference call are as follows: Participant dial in (U.S. toll free): +1-888-346-8982 Participant internati
SHANGHAI, Jan. 17, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its subsidiary Xinjiang Daqo New Energy ("Xinjiang Daqo") has provided an estimate of its net loss for the fiscal year ended December 31, 2024 to the Shanghai Stock Exchange. Xinjiang Daqo estimates that under PRC GAAP, its net loss attributable to Xinjiang Daqo's shareholders in FY2024 would be in the range of RMB2.6~3.1 billion, compared to net profit attributable to Xinjiang Daqo's shareholders of RMB5.8 billion in FY2023. This estimate includes losses related to provisi
SHANGHAI, Nov. 12, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it will hold its annual general meeting (the "AGM") at Daqo New Energy Corp. Shanghai Office, 29th Floor, Huadu Building, No. 838, Zhangyang Road, Pudong District, Shanghai 200122, People's Republic of China on December 10, 2024 at 10:00 AM (Beijing time). Holders of record of the Company's ordinary shares at the close of business in the Cayman Islands on November 18, 2024 will be entitled to attend the AGM and any adjournment or postponement thereof in person. Holders of the Company's ordi
SHANGHAI, Oct. 30, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the third quarter of 2024. Third Quarter 2024 Financial and Operating Highlights Polysilicon production volume was 43,592 MT in Q3 2024, compared to 64,961 MT in Q2 2024Polysilicon sales volume was 42,101 MT in Q3 2024, compared to 43,082 MT in Q2 2024Polysilicon average total production cost(1) was $6.61/kg in Q3 2024 compared to $6.19/kg in Q2 2024Polysilicon average cash cost(1) was $5.34/kg in Q3 2024, compared to $5.39/kg in Q2 2024Polysi
SHANGHAI, Oct. 30, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced the appointment of Ms. Xiaoyu Xu as Deputy Chief Executive Officer of the Company, effective October 30, 2024. Ms. Xiaoyu Xu has served as the Company's Investor Relations Director and Board Secretary since May 2023 and as a Director since November 2023. She previously worked at J.P. Morgan in the Corporate and Investment Bank department. Ms. Xu holds an MBA degree with a focus on finance, from the Wharton School of the University of Pennsylvania, and a Bachelor of Science degre
SHANGHAI, Oct. 15, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for the third quarter of 2024 ended September 30, 2024 before U.S. markets open on Wednesday, October 30, 2024. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on October 30, 2024 (8:00 PM Beijing / Hong Kong time on the same day). The dial-in details for the earnings conference call are as follows: Participant dial in (U.S. toll free): +1-888-346-8982Participant international dial in:
6-K - DAQO NEW ENERGY CORP. (0001477641) (Filer)
20-F - DAQO NEW ENERGY CORP. (0001477641) (Filer)
6-K - DAQO NEW ENERGY CORP. (0001477641) (Filer)
6-K - DAQO NEW ENERGY CORP. (0001477641) (Filer)
6-K - DAQO NEW ENERGY CORP. (0001477641) (Filer)
6-K - DAQO NEW ENERGY CORP. (0001477641) (Filer)
6-K - DAQO NEW ENERGY CORP. (0001477641) (Filer)
6-K - DAQO NEW ENERGY CORP. (0001477641) (Filer)
6-K - DAQO NEW ENERGY CORP. (0001477641) (Filer)
6-K - DAQO NEW ENERGY CORP. (0001477641) (Filer)
SC 13G/A - DAQO NEW ENERGY CORP. (0001477641) (Subject)
SC 13G/A - DAQO NEW ENERGY CORP. (0001477641) (Subject)
SC 13G - DAQO NEW ENERGY CORP. (0001477641) (Subject)
SC 13G/A - DAQO NEW ENERGY CORP. (0001477641) (Subject)
SC 13G/A - DAQO NEW ENERGY CORP. (0001477641) (Subject)
SC 13G/A - DAQO NEW ENERGY CORP. (0001477641) (Subject)
SC 13G/A - DAQO NEW ENERGY CORP. (0001477641) (Subject)
SC 13D - DAQO NEW ENERGY CORP. (0001477641) (Subject)
SC 13G/A - DAQO NEW ENERGY CORP. (0001477641) (Subject)
SC 13G/A - DAQO NEW ENERGY CORP. (0001477641) (Subject)
HSBC Securities downgraded Daqo New Energy from Buy to Hold and set a new price target of $14.00
Goldman downgraded Daqo New Energy from Buy to Neutral and set a new price target of $17.00
Daiwa Securities upgraded Daqo New Energy from Neutral to Outperform
HSBC Securities upgraded Daqo New Energy from Hold to Buy
HSBC Securities upgraded Daqo New Energy from Reduce to Hold and set a new price target of $15.00
Goldman initiated coverage of Daqo New Energy with a rating of Buy
HSBC Securities downgraded Daqo New Energy from Hold to Reduce and set a new price target of $17.50 from $23.50 previously
Daiwa Securities downgraded Daqo New Energy from Outperform to Neutral and set a new price target of $32.00 from $45.00 previously
Nomura upgraded Daqo New Energy from Neutral to Buy and set a new price target of $45.00
Daiwa Securities upgraded Daqo New Energy from Neutral to Outperform
SHANGHAI, Oct. 30, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced the appointment of Ms. Xiaoyu Xu as Deputy Chief Executive Officer of the Company, effective October 30, 2024. Ms. Xiaoyu Xu has served as the Company's Investor Relations Director and Board Secretary since May 2023 and as a Director since November 2023. She previously worked at J.P. Morgan in the Corporate and Investment Bank department. Ms. Xu holds an MBA degree with a focus on finance, from the Wharton School of the University of Pennsylvania, and a Bachelor of Science degre
SHANGHAI, Nov. 14, 2023 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced the appointment of Ms. Xiaoyu Xu as a director of the Company, effective November 13, 2023. Ms. Xiaoyu Xu joined the Company in May 2023 as Investor Relations Director and Board Secretary. She previously worked at J.P. Morgan in the Corporate and Investment Bank department. Ms. Xu holds an MBA degree with a concentration in finance from the Wharton School at the University of Pennsylvania, and a Bachelor of Science degree in business administration from the Haas School of Busine
SHANGHAI, July 28, 2023 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced the appointment of Mr. Guoqing Chen as an independent director of the Company, effective on July 28, 2023. With the inclusion of Mr. Guoqing Chen, the Company has an independent majority on its board, as 6 out of its 11 directors are now independent directors. Mr. Guoqing Chen has served as the head of Shanghai Horizon Economic Research Institute since 2002. He is also the chair professor at Shanghai National Accounting Institute and the deputy director at the China Management Ac
SHANGHAI, April 29, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter of 2025. First Quarter 2025 Financial and Operating Highlights Total cash, short-term investments, bank notes receivable and fixed term bank deposit balance was $2.15 billion at the end of Q1 2025, compared to $2.22 billion at the end of Q4 2024Polysilicon production volume was 24,810 MT in Q1 2025, compared to 34,236 MT in Q4 2024Polysilicon sales volume was 28,008 MT in Q1 2025 compared to 42,191 MT in Q4 2024Polysilicon a
SHANGHAI, April 15, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for first quarter of 2025 ended March 31, 2025 before U.S. markets open on Tuesday, April 29, 2025. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on Tuesday, April 29, 2025 (8:00 PM Beijing / Hong Kong time on the same day). The dial-in details for the earnings conference call are as follows: Participant dial in (U.S. toll free): +1-888-346-8982 Participant international dial in: +1-
SHANGHAI, Feb. 27, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the fourth quarter and fiscal year of 2024. Fourth Quarter 2024 Financial and Operating Highlights Total cash, short-term investments, bank note receivables and fixed term bank deposit balance was $2.2 billion at the end of Q4 2024, compared to $2.4 billion at the end of Q3 2024Polysilicon production volume was 34,236 MT in Q4 2024, compared to 43,592 MT in Q3 2024Polysilicon sales volume was 42,191 MT in Q4 2024, compared to 42,101 MT in Q3 2
SHANGHAI, Feb. 12, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for fourth quarter and fiscal year of 2024 ended December 31, 2024 before U.S. markets open on Thursday, February 27, 2025. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on February 27, 2025 (9:00 PM Beijing / Hong Kong time on the same day). The dial-in details for the earnings conference call are as follows: Participant dial in (U.S. toll free): +1-888-346-8982 Participant internati
SHANGHAI, Oct. 30, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the third quarter of 2024. Third Quarter 2024 Financial and Operating Highlights Polysilicon production volume was 43,592 MT in Q3 2024, compared to 64,961 MT in Q2 2024Polysilicon sales volume was 42,101 MT in Q3 2024, compared to 43,082 MT in Q2 2024Polysilicon average total production cost(1) was $6.61/kg in Q3 2024 compared to $6.19/kg in Q2 2024Polysilicon average cash cost(1) was $5.34/kg in Q3 2024, compared to $5.39/kg in Q2 2024Polysi
SHANGHAI, Oct. 15, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for the third quarter of 2024 ended September 30, 2024 before U.S. markets open on Wednesday, October 30, 2024. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on October 30, 2024 (8:00 PM Beijing / Hong Kong time on the same day). The dial-in details for the earnings conference call are as follows: Participant dial in (U.S. toll free): +1-888-346-8982Participant international dial in:
SHANGHAI, Aug. 26, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the second quarter of 2024. Second Quarter 2024 Financial and Operating Highlights Polysilicon production volume was 64,961 MT in Q2 2024, compared to 62,278 MT in Q1 2024Polysilicon sales volume was 43,082 MT in Q2 2024 compared to 53,987 MT in Q1 2024Polysilicon average total production cost(1) was $6.19/kg in Q2 2024 compared to $6.37/kg in Q1 2024Polysilicon average cash cost(1) was $5.39/kg in Q2 2024, compared to $5.61/kg in Q1 2024Polys
SHANGHAI, Aug. 12, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for the second quarter of 2024 ended June 30, 2024 before U.S. markets open on Monday, August 26, 2024. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on August 26, 2024 (8:00 PM Beijing / Hong Kong time on the same day). The dial-in details for the earnings conference call are as follows: Participant dial in (U.S. toll free): +1-888-346-8982 Participant international dial in: +1-412-9
SHANGHAI, April 29, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter of 2024. First Quarter 2024 Financial and Operating Highlights Polysilicon production volume was 62,278 MT in Q1 2024, compared to 61,014 MT in Q4 2023Polysilicon sales volume was 53,987 MT in Q1 2024 compared to 59,906 MT in Q4 2023Polysilicon average total production cost(1) was $6.37/kg in Q1 2024 compared to $6.50/kg in Q4 2023Polysilicon average cash cost(1) was $5.61/kg in Q1 2024, compared to $5.72/kg in Q4 2023Polysi
SHANGHAI, April 16, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE:DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for the first quarter of 2024 ended March 31, 2024 before U.S. markets open on Monday, April 29, 2024. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on April 29, 2024 (8:00 PM Beijing / Hong Kong time on the same day). The dial-in details for the earnings conference call are as follows: Participant dial in (U.S. toll free): +1-888-346-8982 Participant international dial in: +1-412-90