DQ Stock Analysis: Daqo New Energy | NYSE

Polysilicon, Solar Silicon, Photovoltaic Materials, Semiconductor Materials

Total Rating 11

Safety 53

Buy Signal -1.07

Semiconductor Equipment & Materials
Industry Rotation: -4.8

Market Cap: 919M
Avg Turnover: 14.9M

Risk 3d forecast

Volatility71.6%

VaR 5^th Pctl11.6%

VaR vs Median-1.62%

Reward TTM

Sharpe Ratio-0.61

Rel. Str. IBD0.9

Rel. Str. Peer Group1.4

Character TTM

Beta1.545

Beta Downside1.684

Hurst Exponent0.357

Drawdowns 3y

Max DD68.54%

CAGR/Max DD-0.42

CAGR/Mean DD-0.68

EPS (Earnings per Share)

Last SUE: -1.08
Qual. Beats: -2

Revenue

Rev. CAGR: -45.55%
Rev. Trend: -96.1%

Last SUE: 0.08
Qual. Beats: 0

Warnings

Below Avwap Earnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan -0.9% 7

Feb +0.4% 7

Mar -5.4% 39

Apr -2.5% 10

May -0.4% 5

Jun -4.8% 5

Jul +0.2% 7

Aug +1.4% 11

Sep -11.4% 16

Oct +2.3% 0

Nov -2.0% 16

Dec -4.5% 27

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: DQ Daqo New Energy

Daqo New Energy Corp. (NYSE: DQ) is a China-based manufacturer of polysilicon, the primary raw material used to produce solar photovoltaic (PV) cells and modules. The company supplies ready-to-use polysilicon to PV product manufacturers in the Peoples Republic of China, with its output feeding each stage of the solar value chain-ingots, wafers, cells, and modules.

Founded in 2007 and headquartered in Shanghai, the company was originally established as Mega Stand International Limited and adopted its current name in August 2009. It is classified within the Information Technology sector under the Semiconductor Materials & Equipment sub-industry, reflecting polysilicons role as a foundational input for both semiconductor and solar applications.

Headlines to Watch Out For

Polysilicon ASP collapse pressures gross margins sharply
New Xinjiang production capacity expansion lifts polysilicon volumes
US AD/CVD tariffs and trade restrictions curb Chinese polysilicon exports

Piotroski VR-10 (Strict) 0.0

Net Income: -191.9m TTM > 0 and > 6% of Revenue
FCF/TA: -0.04 > 0.02 and ΔFCF/TA 2.52 > 1.0
NWC/Revenue: 384.9% < 20% (prev 349.9%; Δ 34.97% < -1%)
CFO/TA -0.02 > 3% & CFO -114.6m > Net Income -191.9m
Net Debt/EBITDA: error (cannot be calculated)
Current Ratio: 5.81 > 1.5 & < 3
Outstanding Shares: last quarter (67.7m) vs 12m ago 0.63% < -2%
Gross Margin: -35.44% > 18% (prev -48.73%; Δ 13.29% > 0.5%)
Asset Turnover: 8.81% > 50% (prev 9.43%; Δ -0.63% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM)

Beneish M -2.53

DSRI: 1.57 (Receivables 72.0m/49.1m, Revenue 556.1m/593.2m)
GMI: 1.00 (fallback, negative margins)
AQI: 1.13 (AQ_t 0.06 / AQ_t-1 0.05)
SGI: 0.94 (Revenue 556.1m / 593.2m)
TATA: -0.01 (NI -191.9m - CFO -114.6m) / TA 6.34b)
Beneish M = -2.53 (Cap -4..+1) = A

What is the price of DQ shares?

As of August 27, 2026, the stock is trading at USD 13.52 with a total of 667,857 shares traded. Over the past week, the price has changed by -3.77%, over one month by +12.20%, over three months by -24.34% and over the past year by -43.00%.

Current recommended Stop Loss: 11.90 (which is 12% or 1.9 ATR below the current price).

Is DQ a buy, sell or hold?

Daqo New Energy has received a consensus analysts rating of 3.78. Therefore, it is recommended to hold DQ.

StrongBuy: 2
Buy: 3
Hold: 4
Sell: 0
StrongSell: 0

What are the forecasts/targets for the DQ price?

Analysts Target Price	22.5	66.6%

Daqo New Energy (DQ) - Fundamental Data Overview as of 25 August 2026

Market Cap USD = 918.9m (918.9m USD * 1.0 USD.USD)
P/E Forward = 21.3675
P/S = 1.6536
P/B = 0.2101
P/EG = 0.1738
Revenue TTM = 556.1m USD
EBIT TTM = -268.9m USD
EBITDA TTM = -20.7m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 918.9m USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = unknown (Ebit TTM -268.9m / Interest Expense TTM 0.0)
EV/FCF = -3.51x (Enterprise Value 918.9m / FCF TTM -261.5m)
FCF Yield = -28.46% (FCF TTM -261.5m / Enterprise Value 918.9m)
FCF Margin = -47.03% (FCF TTM -261.5m / Revenue TTM 556.1m)
Net Margin = -34.50% (Net Income TTM -191.9m / Revenue TTM 556.1m)
Gross Margin = -35.44% ((Revenue TTM 556.1m - Cost of Revenue TTM 753.2m) / Revenue TTM)
Gross Margin QoQ = -132.0% (prev none%)
Tobins Q-Ratio = 0.14 (Enterprise Value 918.9m / Total Assets 6.34b)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -212.4m (EBIT -268.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 5.81 (Total Current Assets 2.59b / Total Current Liabilities 445.0m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA -20.7m)
Debt / FCF = unknown (Net Debt none / FCF TTM -261.5m)
Total Stockholder Equity = 4.38b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.04% (Net Income -191.9m / Total Assets 6.34b)
RoE = -4.38% (Net Income TTM -191.9m / Total Stockholder Equity 4.38b)
RoCE = -4.56% (EBIT -268.9m / Capital Employed (Total Assets 6.34b - Current Liab 445.0m))
RoIC = -3.62% (negative operating profit) (NOPAT -212.4m / Invested Capital 5.87b)
WACC = 11.42% (E(918.9m)/V(918.9m) * Re(11.42%) + (debt-free company))
Discount Rate = 11.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 21.55 | Cagr: 1.30%
[DCF] Fair Price = unknown (Cash Flow -261.5m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.08 | # QB: -2
Revenue Correlation: -96.06 | Revenue CAGR: -45.55% | SUE: 0.08 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-1.06 | Chg30d=-35.90% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=-2.60 | Chg30d=-5.70% | Revisions=-25% | GrowthEPS=-52.7% | GrowthRev=-64.1%
EPS next Year (2027-12-31): EPS=-1.71 | Chg30d=-56.65% | Revisions=+0% | GrowthEPS=+34.0% | GrowthRev=+248.3%
[Analyst] Revisions Ratio: +0% (up=1, down=1)