Daqo New Energy Corp. (DQ) Stock Price & Analysis
Daqo New Energy Corp. (DQ) closed at USD 10.91 on Wednesday, October 28, 2026, down 0.73% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 10.99; the Oct 28, 2026 session ranged USD 10.48–10.94 on volume of 612,879 shares. Market capitalization is $738.24M, with a 52-week range of USD 9.89–36.59 (NYQ). Source: Nexqual, retrieved October 29, 2026 at 03:44 UTC.
Also available as compact Markdown for AI agents: nexqual.com/DQ.md
Key facts (DQ)
- Analysts: Buy (mean 2.00 on a 1–5 scale) (7 analysts), mean target USD 17.91 (range 10–31.87).
- Total return with dividends: 1Y -64.2% vs S&P 500 +13.6%; 5Y -86.0% vs S&P 500 +79.8%.
- Next earnings: 2026-10-27, EPS estimate USD -0.9, revenue estimate $65.0M.
Analysts (DQ)
Consensus Buy (mean 2.00 on a 1–5 scale), 7 analysts; mean target USD 17.91 (low 10, high 31.87).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-28 | JP Morgan | Target lowered | Overweight | $22 → $18.5 |
| 2026-07-31 | JP Morgan | Target lowered | Overweight | $35.5 → $22 |
Total return (dividends reinvested) (DQ)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -64.2% | -86.0% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | -64.3% | -32.4% |
| Volatility (annualized) | 56.3% | 63.0% |
| Max drawdown | -71.8% (Nov 2025→Oct 2026) | -86.9% (Oct 2021→Oct 2026) |
DQ earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Sep 30, 2026 | −$0.78 | −$0.48 | Miss −62.5% | — |
| — | Quarter ended Jun 30, 2026 | −$1.20 | −$0.57 | Miss −110.5% | — |
| — | Quarter ended Mar 31, 2026 | −$1.31 | −$0.11 | Miss −1090.9% | — |
| — | Quarter ended Dec 31, 2025 | −$0.11 | −$0.25 | Beat +56.0% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
DQ recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 13, 2026 | 6-K | Current report (foreign issuer) · period ended Oct 13, 2026 |
| Aug 20, 2026 | 6-K | Current report (foreign issuer) · period ended Aug 20, 2026 |
| Aug 6, 2026 | 6-K | Current report (foreign issuer) · period ended Aug 6, 2026 |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
DQ suppliers, customers and competitors (named in its 20-F)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Siemens | “We utilize the chemical vapor deposition process, or the "modified Siemens process," with upgraded Hydrochlorination technology, to produce polysilicon, and have fully implemented the closed loop system to produce high-quality polysilicon cost-effectively.” |
| Partner | JNE Solar | “Through Daqo Canada, we set up a joint venture with JNE Solar Inc., a party unrelated to us prior to this transaction, in Hamilton, Ontario.” |
| Partner | GTAT | “In August 2011, Chongqing Daqo entered into a Technology License and Transfer Agreement with GTAT Corporation, a Delaware company, under which GTAT granted us a license to use its Hydrochlorination TCS Production Technology and Chlorosilane Recovery/Waste Neutralization Technology for our current polysilicon production and future polysilicon production expansions.” |
Quoted from the company's 20-F filed Apr 20, 2026.
DQ analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $-0.90 | $-0.43 | −$0.47 | $65.0M | 1 |
| Next quarter (ends Mar 2027) | — | — | — | $0 | — |
| Current fiscal year (ends Dec 2026) | $-3.71 | $-2.60 | −$1.11 | $363.3M | 1 |
| Next fiscal year (ends Dec 2027) | $-2.26 | $-1.71 | −$0.54 | $632.0M | 3 |
DQ options: expected move
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 23 | 60.4% | ±12.1% |
| Dec 18, 2026 | 51 | 53.9% | ±16.0% |
| Jan 15, 2027 | 79 | 58.0% | ±21.5% |
| Apr 16, 2027 | 170 | 57.5% | ±30.9% |
30-day implied volatility 50.8% vs 45.5% realized over the last 30 trading days. Put/call ratio (volume) 2.67. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 03:44 UTC)
| Price | USD 10.91 |
|---|---|
| Change | ▼ 0.73% (down) |
| Previous Close | USD 10.99 |
| Open | USD 10.97 |
| Day Range | USD 10.48 – 10.94 |
| 52-Week Range | USD 9.89 – 36.59 |
| Volume | 612,879 shares |
| Market Cap | $738.24M |
| Exchange | NYQ |
Technical Analysis (DQ)
Nexqual's technical model rates DQ "NEUTRAL" based on 2 bullish and 3 bearish signals across 127 daily candles, as of October 29, 2026 at 03:44 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 51.76 (neutral) |
| vs SMA50 | Below (USD 11.76) |
| MACD | -0.33 (negative) |
Analyst Ratings (DQ)
Wall Street analysts rate DQ "Buy" based on 7 analysts, with a mean price target of USD 17.91 (range USD 10–31.87), per Nexqual as of October 29, 2026 at 03:44 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 17.91 |
| High Target | USD 31.87 |
| Low Target | USD 10 |
| Buy / Hold / Sell | 5 / 1 / 1 |
Earnings (DQ)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD -0.9 |
| Revenue Estimate | $64.99M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD -0.78 vs est -0.48 ▼ miss |
| 2026-06-30 | USD -1.2 vs est -0.57 ▼ miss |
| 2026-03-31 | USD -1.31 vs est -0.11 ▼ miss |
| 2025-12-31 | USD -0.11 vs est -0.25 ▲ beat |
Source: Nexqual, October 29, 2026 at 03:44 UTC.
Financials & Fundamentals (DQ)
| Total Revenue | $505.24M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -20.60% |
| Gross Margin | -52.89% |
| Operating Margin | -40.50% |
| Profit Margin | -45.45% |
| ROE | -5.42% |
| Current Ratio | 4.54 |
| Total Cash | $1.78B |
| Total Debt | $0 |
Source: Nexqual, October 29, 2026 at 03:44 UTC.
Financial Health Score (DQ)
Nexqual rates Daqo New Energy Corp.'s overall financial health "Weak" across five dimensions, as of October 29, 2026 at 03:44 UTC.
| Growth | Critical — Revenue -35% YoY (annual), sharp decline |
|---|---|
| Profitability | Critical — Gross margin -53% (last 12 months) |
| Balance Sheet | Mixed — $1.78B cash, no debt |
| Cash Flow | Weak — Operating cash flow -$115M (TTM) |
| Efficiency | Critical — ROE -5%, ROA -3.4% |
Ownership (DQ)
| Insider Ownership | +21.14% |
|---|---|
| Institutional Ownership | +51.17% |
| Shares Outstanding | 67.67M |
| Float | 8.64M |
| Short % of Float | +11.59% |
Source: Nexqual, October 29, 2026 at 03:44 UTC.
Leadership (DQ)
Daqo New Energy Corp. is led by Xiang Xu, Chairman & CEO, per Nexqual as of October 29, 2026 at 03:44 UTC.
| Chairman & CEO | Xiang Xu |
|---|---|
| Founder & Director | Guangfu Xu |
| Chief Financial Officer | Ming Yang |
| Investor Relations Director | Jessie Zhao |
| Deputy CEO & Director | Xu Xiaoyu |
Major Backers & Investors (DQ)
Notable institutional backers of Daqo New Energy Corp. include Continental General Insurance Co, Morgan Stanley, Invesco, according to Nexqual as of October 29, 2026 at 03:44 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Continental General Insurance Co | 9.82% |
| Morgan Stanley | 4.03% |
| Invesco | 3.38% |
| Polunin Capital Partners Ltd | 2.49% |
| Mackenzie Financial Corporation | 1.88% |
| Franklin Resources, Inc. | 1.86% |
| Ariose Capital Management Ltd | 1.41% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 2.03% |
| State Street | 1.74% |
| BlackRock | 1.46% |
Source: Nexqual, October 29, 2026 at 03:44 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ICHR | Ichor Holdings | USD 43.08 | ▲ 5.72% |
| PLAB | Photronics, Inc. | USD 29.34 | ▲ 1.8% |
| AEHR | Aehr Test Systems | USD 64.54 | ▲ 0.92% |
| COHU | Cohu, Inc. | USD 53.14 | ▲ 4.24% |
| UCTT | Ultra Clean Holdings, Inc. | USD 55.88 | ▲ 8.55% |
| VECO | Veeco Instruments Inc. | USD 43.84 | ▼ 0.02% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 03:44 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt