Daqo New Energy Corp. (DQ)Technology | Semiconductor Equipment & Materials | Shanghai, China | NYSE
10.65 USD
-0.06
(-0.560%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:54 a.m. EDT
Daqo New Energy presents a classic value trap with deteriorating fundamentals and a broken business model. The company is hemorrhaging cash, reporting negative operating margins of -156%, and suffering a 16.7% decline in revenue. The balance sheet is fragile with negative free cash flow and negative returns on equity and assets. Despite trading at a low price-to-book ratio, this reflects the market's recognition that the book value is likely impaired or irrelevant given the operational losses. The recent price action confirms this distress, with the stock hitting its 52-week low and failing to recover despite a recent gap up. Analysts have slashed revenue estimates by 27% and lowered their price targets, signaling a severe loss of confidence in the company's ability to turn things around. While the long-term price trajectory shows a massive historical gain, the most recent annual data point reveals a recovery followed by a stall, and the current operational reality is dire. With no dividend to provide income and a statistical forecast showing a weak bearish lean, the outlook is bleak. Investors should avoid this security until there is concrete evidence of a turnaround in profitability and revenue growth. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.180669 |
| AutoETS | 0.180843 |
| AutoARIMA | 0.181094 |
| MSTL | 0.189289 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 16.59 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.130 |
| Excess Kurtosis | -1.04 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Revenue per Share | 8.216 |
| Market Cap | 720,644,352 |
| Forward P/E | -4.08 |
| Beta | 0.67 |
| Profit Margins | -34.50% |
| Website | https://www.dqsolar.com |
As of Oct. 10, 2026, 2:54 a.m. EDT: Speculators are positioning aggressively for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 17, 19, 20, 23, 28) compared to negligible call volume. While there is some speculative call activity at distant strikes (35, 42, 45) suggesting a 'lottery ticket' hope for a massive rebound, the overwhelming capital allocation is in put writing or buying, indicating a strong consensus expectation of further price weakness or volatility expansion.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.6026119 |
| Address1 | Huadu Mansion |
| Address2 | 29th Floor 838 Zhangyang Road Pudong New District |
| All Time High | 130.33 |
| All Time Low | 0.68 |
| Ask | 12.4 |
| Ask Size | 500 |
| Average Analyst Rating | 2.1 - Buy |
| Average Daily Volume10 Day | 449,910 |
| Average Daily Volume3 Month | 838,187 |
| Average Volume | 838,187 |
| Average Volume10Days | 449,910 |
| Beta | 0.665 |
| Bid | 10.5 |
| Bid Size | 600 |
| Book Value | 64.64 |
| City | Shanghai |
| Country | China |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 10.65 |
| Current Ratio | 5.81 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 10.7 |
| Day Low | 10.41 |
| Display Name | Daqo New Energy |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,102,400 |
| Earnings Call Timestamp Start | 1,793,102,400 |
| Earnings Timestamp | 1,793,104,200 |
| Earnings Timestamp End | 1,793,104,200 |
| Earnings Timestamp Start | 1,793,104,200 |
| Ebitda | -44,016,000 |
| Ebitda Margins | -0.07921 |
| Enterprise To Ebitda | -10.805 |
| Enterprise To Revenue | 0.856 |
| Enterprise Value | 475,612,096 |
| Eps Current Year | -3.91492 |
| Eps Forward | -2.61317 |
| Eps Trailing Twelve Months | -2.85 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.4874 |
| Fifty Day Average Change | -1.8374004 |
| Fifty Day Average Change Percent | -0.14714035 |
| Fifty Two Week Change Percent | -60.26119 |
| Fifty Two Week High | 36.59 |
| Fifty Two Week High Change | -25.94 |
| Fifty Two Week High Change Percent | -0.70893687 |
| Fifty Two Week Low | 10.41 |
| Fifty Two Week Low Change | 0.23999977 |
| Fifty Two Week Low Change Percent | 0.023054734 |
| Fifty Two Week Range | 10.41 - 36.59 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,286,458,200,000 |
| Float Shares | 43,178,543 |
| Forward Eps | -2.61317 |
| Forward P E | -4.07551 |
| Free Cashflow | -363,051,264 |
| Full Exchange Name | NYSE |
| Full Time Employees | 3,842 |
| Fullday Change | -0.12999916 |
| Fullday Change Percent | -1.2206495 |
| Fullday Price | 10.52 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | -0.35449 |
| Gross Profits | -196,984,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.21141 |
| Held Percent Institutions | 0.51285 |
| Implied Shares Outstanding | 67,666,137 |
| Industry | Semiconductor Equipment & Materials |
| Industry Disp | Semiconductor Equipment & Materials |
| Industry Key | semiconductor-equipment-materials |
| Ir Website | http://ir.dqsolar.com/phoenix.zhtml?c=234265&p=irol-IRHome |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,605,571,200 |
| Last Split Factor | 5:1 |
| Long Business Summary | Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. The company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification. Its products are used in ingots, wafers, cells, and modules for solar power solutions. 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 2007 and is based in Shanghai, the People's Republic of China. |
| Long Name | Daqo New Energy Corp. |
| Market | us_market |
| Market Cap | 720,644,352 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_84196527 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -191,723,008 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 805,903,689 |
| Number Of Analyst Opinions | 6 |
| Open | 10.6 |
| Operating Cashflow | -121,124,000 |
| Operating Margins | -1.56528 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.15 |
| Phone | 86 21 5075 2918 |
| Pre Market Change | -0.12999916 |
| Pre Market Change Percent | -1.2206495 |
| Pre Market Price | 10.52 |
| Pre Market Time | 1,792,148,422 |
| Previous Close | 10.71 |
| Price Eps Current Year | -2.720362 |
| Price Hint | 2 |
| Price To Book | 0.16475865 |
| Price To Sales Trailing12 Months | 1.2968483 |
| Profit Margins | -0.34502 |
| Quick Ratio | 4.059 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.14286 |
| Region | US |
| Regular Market Change | -0.0600004 |
| Regular Market Change Percent | -0.560228 |
| Regular Market Day High | 10.7 |
| Regular Market Day Low | 10.41 |
| Regular Market Day Range | 10.41 - 10.7 |
| Regular Market Open | 10.6 |
| Regular Market Previous Close | 10.71 |
| Regular Market Price | 10.65 |
| Regular Market Time | 1,792,094,402 |
| Regular Market Volume | 680,728 |
| Return On Assets | -0.02848 |
| Return On Equity | -0.04434 |
| Revenue Growth | -0.167 |
| Revenue Per Share | 8.216 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 67,666,137 |
| Shares Percent Shares Out | 0.065 |
| Shares Short | 4,399,192 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 5,049,013 |
| Short Name | DAQO New Energy Corp. |
| Short Percent Of Float | 0.1018 |
| Short Ratio | 5.56 |
| Source Interval | 15 |
| Symbol | DQ |
| Target High Price | 31.87 |
| Target Low Price | 10.0 |
| Target Mean Price | 19.645 |
| Target Median Price | 19.0 |
| Total Cash | 1,734,161,024 |
| Total Cash Per Share | 25.628 |
| Total Debt | 0 |
| Total Revenue | 555,689,024 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -2.85 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 18.0032 |
| Two Hundred Day Average Change | -7.353201 |
| Two Hundred Day Average Change Percent | -0.40843853 |
| Type Disp | Equity |
| Volume | 680,728 |
| Website | https://www.dqsolar.com |
| Zip | 200,122 |