DQ Stock Analysis: Daqo New Energy | NYSE
Semiconductor Equipment & Materials | NYSE, USA | Market Cap: 825m USD | 12M Return: -38.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.1M
Qual. Beats: -1
Rev. Trend: -97.5%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
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.
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.
- 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
| Net Income: -187.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA 6.22 > 1.0 |
| NWC/Revenue: 375.5% < 20% (prev 287.3%; Δ 88.25% < -1%) |
| CFO/TA -0.01 > 3% & CFO -52.6m > Net Income -187.3m |
| Net Debt/EBITDA: error (cannot be calculated) |
| Current Ratio: 6.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (67.7m) vs 12m ago 2.28% < -2% |
| Gross Margin: -34.45% > 18% (prev -49.68%; Δ 15.23% > 0.5%) |
| Asset Turnover: 8.99% > 50% (prev 11.69%; Δ -2.69% > 0%) |
| Interest Coverage Ratio: -100.0k > 6 (EBIT TTM -275.8m / Interest Expense TTM 4.0) |
| DSRI: 0.43 (Receivables 20.8m/62.8m, Revenue 568.8m/737.4m) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 1.39 (AQ_t 0.06 / AQ_t-1 0.04) |
| SGI: 0.77 (Revenue 568.8m / 737.4m) |
| TATA: -0.02 (NI -187.3m - CFO -52.6m) / TA 6.34b) |
| Beneish M = -3.43 (Cap -4..+1) = AA |
As of July 09, 2026, the stock is trading at USD 11.88 with a total of 926,456 shares traded. Over the past week, the price has changed by -11.28%, over one month by -23.70%, over three months by -44.30% and over the past year by -38.51%.
Current recommended Stop Loss: 10.80 (which is 9.1% or 1.3 ATR below the current price).
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
| Analysts Target Price | 26.8 | 125.3% |
P/E Forward = 21.3675
P/S = 1.4516
P/B = 0.1887
P/EG = 0.1738
Revenue TTM = 568.8m USD
EBIT TTM = -275.8m USD
EBITDA TTM = -31.2m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 824.9m USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = -69.0m (Ebit TTM -275.8m / Interest Expense TTM 4.0)
EV/FCF = -4.06x (Enterprise Value 824.9m / FCF TTM -203.4m)
FCF Yield = -24.66% (FCF TTM -203.4m / Enterprise Value 824.9m)
FCF Margin = -35.75% (FCF TTM -203.4m / Revenue TTM 568.8m)
Net Margin = -32.94% (Net Income TTM -187.3m / Revenue TTM 568.8m)
Gross Margin = -34.45% ((Revenue TTM 568.8m - Cost of Revenue TTM 764.8m) / Revenue TTM)
Gross Margin QoQ = none% (prev 6.96%)
Tobins Q-Ratio = 0.13 (Enterprise Value 824.9m / Total Assets 6.34b)
Interest Expense / Debt = unknown (Interest Expense 4.0 / Debt none)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -217.9m (EBIT -275.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 6.02 (Total Current Assets 2.56b / Total Current Liabilities 425.7m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA -31.2m)
Debt / FCF = unknown (Net Debt none / FCF TTM -203.4m)
Total Stockholder Equity = 4.37b (last 4 quarters mean from totalStockholderEquity)
RoA = -2.96% (Net Income -187.3m / Total Assets 6.34b)
RoE = -4.29% (Net Income TTM -187.3m / Total Stockholder Equity 4.37b)
RoCE = -4.66% (EBIT -275.8m / Capital Employed (Total Assets 6.34b - Current Liab 425.7m))
RoIC = -3.70% (negative operating profit) (NOPAT -217.9m / Invested Capital 5.89b)
WACC = 10.08% (E(824.9m)/V(824.9m) * Re(10.08%) + (debt-free company))
Discount Rate = 10.08% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 75.02 | Cagr: 1.30%
[DCF] Fair Price = unknown (Cash Flow -203.4m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.59 | # QB: -1
Revenue Correlation: -97.49 | Revenue CAGR: -49.16% | SUE: -2.84 | # QB: -1
EPS current Quarter (2026-06-30): EPS=-0.77 | Chg30d=-250.00% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.78 | Chg30d=-129.41% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=-2.46 | Chg30d=-111.72% | Revisions=-25% | GrowthEPS=-44.5% | GrowthRev=-9.9%
EPS next Year (2027-12-31): EPS=-1.09 | Chg30d=-199.53% | Revisions=+0% | GrowthEPS=+55.4% | GrowthRev=+60.9%
[Analyst] Revisions Ratio: +17% (up=2, down=1)