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Daqo New Energy Corp. (DQ)

Technology | Semiconductor Equipment & Materials | Shanghai, China | NYSE
20.17 USD -2.01 (-9.062%) ⇩ (April 21, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | April 18, 2026, 11:35 p.m. EDT

Daqo New Energy is a classic distressed value trap with a 5.4x current ratio masking severe structural rot: -25.6% profit margins and -30% gross margins despite a massive cash pile. While the 5-day range high ($21.86) blips slightly above average volume, the technicals are deteriorating with a 45-day forecast predicting a -7.5% decline and a trailing P/E of negative earnings. Without a visible path to profitability and weighed down by litigation risks, this is a high-risk hold rather than a buy.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.097057
MSTL0.158728
AutoETS0.170303
AutoARIMA0.171139

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 53%
H-stat 3.02
Ljung-Box p 0.000
Jarque-Bera p 0.345
Excess Kurtosis -0.80
Attribute Value
Sector Technology
Revenue per Share 9.88
Market Cap 1,364,825,984
Forward P/E 18.34
Beta 0.80
Profit Margins -25.62%
Website https://www.dqsolar.com

As of April 18, 2026, 11:35 p.m. EDT: Options data reveals a split sentiment. The April 17 expiration (weekly) sees a dominant bearish stance with Deep ITM put Open Interest at 4.6k compared to minimal Call OI, creating a major OI wall at the $22 strike. Conversely, longer-dated Call expirations (May+July) show heavy volume and Open Interest accumulation at strikes $25, $30, and $35, suggesting speculators are hedging upside potential or betting on a multi-month recovery. Implied Volatility is elevated for near-term protective puts yet shows organic spikes for distant OTM calls.


Info Dump

Attribute Value
52 Week Change 0.44587815
Address1 Huadu Mansion
Address2 29th Floor 838 Zhangyang Road Pudong New District
All Time High 130.33
All Time Low 0.68
Ask 21.0
Ask Size 200
Average Analyst Rating 1.8 - Buy
Average Daily Volume10 Day 650,610
Average Daily Volume3 Month 673,313
Average Volume 673,313
Average Volume10Days 650,610
Beta 0.802
Bid 20.28
Bid Size 2,600
Book Value 65.124
City Shanghai
Country China
Crypto Tradeable 0
Currency USD
Current Price 20.17
Current Ratio 5.408
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 22.2
Day Low 19.84
Display Name Daqo New Energy
Earnings Call Timestamp End 1,777,464,000
Earnings Call Timestamp Start 1,777,464,000
Earnings Timestamp 1,777,465,800
Earnings Timestamp End 1,777,465,800
Earnings Timestamp Start 1,777,465,800
Ebitda -22,366,000
Ebitda Margins -0.03361
Enterprise To Ebitda -280.207
Enterprise To Revenue 9.418
Enterprise Value 6,267,105,280
Eps Current Year -1.16
Eps Forward 1.0997
Eps Trailing Twelve Months -2.55
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.665
Fifty Day Average Change -2.4950008
Fifty Day Average Change Percent -0.11008166
Fifty Two Week Change Percent 44.587814
Fifty Two Week High 36.59
Fifty Two Week High Change -16.42
Fifty Two Week High Change Percent -0.4487565
Fifty Two Week Low 12.41
Fifty Two Week Low Change 7.76
Fifty Two Week Low Change Percent 0.6253022
Fifty Two Week Range 12.41 - 36.59
Financial Currency USD
First Trade Date Milliseconds 1,286,458,200,000
Float Shares 206,169,069
Forward Eps 1.0997
Forward P E 18.341366
Free Cashflow -165,658,880
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins -0.20717
Gross Profits -137,851,008
Has Pre Post Market Data 1
Held Percent Insiders 0.20458001
Held Percent Institutions 0.5119
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 2006 and is based in Shanghai, the People's Republic of China.
Long Name Daqo New Energy Corp.
Market us_market
Market Cap 1,364,825,984
Market State PRE
Max Age 86,400
Message Board Id finmb_84196527
Most Recent Quarter 1,767,139,200
Net Income To Common -170,514,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,364,825,979
Number Of Analyst Opinions 10
Open 22.27
Operating Cashflow 56,124,000
Operating Margins -0.09422
Payout Ratio 0.0
Peg Ratio 0.15
Phone 86 21 5075 2918
Pre Market Change 0.27000046
Pre Market Change Percent 1.338624
Pre Market Price 20.44
Pre Market Time 1,776,846,524
Previous Close 22.18
Price Eps Current Year -17.387932
Price Hint 2
Price To Book 0.30971685
Price To Sales Trailing12 Months 2.05109
Profit Margins -0.25625
Quick Ratio 4.423
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.81818
Region US
Regular Market Change -2.01
Regular Market Change Percent -9.06222
Regular Market Day High 22.2
Regular Market Day Low 19.84
Regular Market Day Range 19.84 - 22.2
Regular Market Open 22.27
Regular Market Previous Close 22.18
Regular Market Price 20.17
Regular Market Time 1,776,801,616
Regular Market Volume 1,062,321
Return On Assets -0.02626
Return On Equity -0.0367
Revenue Growth 0.135
Revenue Per Share 9.88
Sand P52 Week Change 0.3140242
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 67,666,137
Shares Percent Shares Out 0.035099998
Shares Short 2,372,029
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 2,102,099
Short Name DAQO New Energy Corp.
Short Percent Of Float 0.054899998
Short Ratio 3.48
Source Interval 15
Symbol DQ
Target High Price 39.0
Target Low Price 19.0
Target Mean Price 31.864
Target Median Price 33.75
Total Cash 2,066,628,992
Total Cash Per Share 6.108
Total Debt 0
Total Revenue 665,414,976
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.55
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 25.92285
Two Hundred Day Average Change -5.7528496
Two Hundred Day Average Change Percent -0.22192197
Type Disp Equity
Volume 1,062,321
Website https://www.dqsolar.com
Zip 200,122