
DQ Stock Forecast & Price Target
DQ Analyst Ratings
Bulls say
Daqo New Energy Corp has exhibited a robust financial trajectory, highlighted by an 8% increase in liquidity, bringing quick assets to approximately $2.2 billion in Q3. The company anticipates a significant rise in revenue, with forecasts for 2026 and 2027 increasing to $892 million and $1,059 million, respectively, alongside an upward trend in average selling prices for polysilicon. Additionally, the improvement in gross margins, achieving a positive 3.9% for the first time since Q1'24, reflects the company's operational efficiency and market adaptability amid potential market consolidation.
Bears say
Daqo New Energy’s stock outlook is negatively impacted by a significant and sustained decline in monthly solar installations across China, with September showing a year-over-year decrease of 53.8%, indicating a troubling demand unwind following recent policy changes. Additionally, polysilicon prices have dropped sharply, with market benchmarks falling below CNY 55/kg and some smaller producers reportedly pricing as low as CNY 45/kg, reflecting an oversupply situation that further undermines the company's pricing power. The ongoing decline in downstream wafer prices has created a negative feedback loop in the value chain, complicating prospects for polysilicon demand and suggesting that fundamental market conditions may remain unfavorable in the near term.
This aggregate rating is based on analysts' research of Daqo New Energy and is not a guaranteed prediction by Public.com or investment advice.
DQ Analyst Forecast & Price Prediction
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