Daqo New EnergyDQ
Market Cap: $1.17B
About: Daqo New Energy Corp is a polysilicon manufacturer based in China. The company manufactures and sells high-purity polysilicon to manufacturers who use it to make ingots, cells, and modules for solar power solutions. The polysilicon is packaged to meet crucible stacking, pulling, and solidification needs. All of the company's revenues come from the People's Republic of China.
Employees: 5,765
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
21% more call options, than puts
Call options by funds: $16.3M | Put options by funds: $13.4M
0.14% more ownership
Funds ownership: 8.34% [Q1] → 8.48% (+0.14%) [Q2]
15% less funds holding
Funds holding: 150 [Q1] → 128 (-22) [Q2]
18% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 50
40% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 3 (-2) [Q2]
54% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 41
56% less capital invested
Capital invested by funds: $919M [Q1] → $409M (-$511M) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Roth MKM Philip Shen 50% 1-year accuracy 10 / 20 met price target | 15%downside $15 | Neutral Maintained | 28 Aug 2024 |
HSBC Daniel Yang 50% 1-year accuracy 1 / 2 met price target | 15%downside $15 | Hold Upgraded | 27 Aug 2024 |
Jefferies Johnson Wan 100% 1-year accuracy 1 / 1 met price target | 92%upside $34 | Buy Maintained | 26 Aug 2024 |
Financial journalist opinion
Based on 8 articles about DQ published over the past 30 days