DQ
Daqo New Energy
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
68% more call options, than puts
Call options by funds: $56M | Put options by funds: $33.4M
15% more capital invested
Capital invested by funds: $571M [Q3] → $654M (+$83.4M) [Q4]
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
1.69% more ownership
Funds ownership: 8.52% [Q3] → 10.22% (+1.69%) [Q4]
2% more funds holding
Funds holding: 122 [Q3] → 124 (+2) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
21% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 47
Research analyst outlook
We haven’t received any recent analyst ratings for DQ.
Financial journalist opinion
Negative
Seeking Alpha
2 weeks ago
Daqo New Energy: An Extreme Mispricing Too Good To Ignore
Daqo's 72.4% stake in Xinjiang Daqo, valued at $4.6 billion and the subsidiary's high cash position offer substantial downside protection. When the polysilicon market turns, Daqo is quickly valued at a low-single digit EV/EBIT multiple due to the subsidiary's high cash generation capabilities and the present pessimism in the market. The investment offers an asymmetrical risk/reward ratio and a multibagger potential in the medium to long term.
Negative
Seeking Alpha
3 weeks ago
Daqo New Energy: Accumulate In This Cycle Downturn Because Cash Is King
Polysilicon prices remain at rock-bottom levels pressuring higher cost polysilicon manufacturers out of the market. Daqo New Energy's cash burn remains under control and the company has enough liquidity to last years. The stock is trading way below book value at a P/B multiple of 0.3x and has a net cash position that is larger than the market cap.
Neutral
Seeking Alpha
1 month ago
Daqo New Energy Corp. (DQ) Q4 2024 Earnings Call Transcript
Daqo New Energy Corp. (DQ0) Q4 2024 Results Conference Call February 27, 2025 8:00 AM ET Company Participants Xiaoyu Xu - Investor Relations Xiang Xu - Chairman & CEO Anita Zhu - Deputy CEO Ming Yang - CFO Conference Call Participants Alan Hon - JPMorgan Phil Shen - ROTH Capital Alan Lau - Jefferies Operator Good day, and welcome to the Daqo New Energy Fourth Quarter 2024 Results Conference Call. All participants will be in listen-only mode.
Negative
Zacks Investment Research
1 month ago
Daqo New Energy (DQ) Reports Q4 Loss, Tops Revenue Estimates
Daqo New Energy (DQ) came out with a quarterly loss of $2.71 per share versus the Zacks Consensus Estimate of a loss of $0.61. This compares to earnings of $0.64 per share a year ago.
Neutral
PRNewsWire
1 month ago
Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2024 Results
SHANGHAI , Feb. 27, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the fourth quarter and fiscal year of 2024. Fourth Quarter 2024 Financial and Operating Highlights Total cash, short-term investments, bank note receivables and fixed term bank deposit balance was $2.2 billion at the end of Q4 2024, compared to $2.4 billion at the end of Q3 2024 Polysilicon production volume was 34,236 MT in Q4 2024, compared to 43,592 MT in Q3 2024 Polysilicon sales volume was 42,191 MT in Q4 2024, compared to 42,101 MT in Q3 2024 Polysilicon average total production cost(1) was $6.81/kg in Q4 2024, compared to $6.61/kg in Q3 2024 Polysilicon average cash cost(1) was $5.04/kg in Q4 2024, compared to $5.34/kg in Q3 2024 Polysilicon average selling price (ASP) was $4.62/kg in Q4 2024, compared to $4.69/kg in Q3 2024 Revenue was $195.4 million in Q4 2024, compared to $198.5 million in Q3 2024 Gross loss was $65.3 million in Q4 2024, compared to $60.6 million in Q3 2024.
Neutral
PRNewsWire
1 month ago
Daqo New Energy to Announce Unaudited Results for the Fourth Quarter and Fiscal Year 2024 on February 27, 2025
SHANGHAI , Feb. 12, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for fourth quarter and fiscal year of 2024 ended December 31, 2024 before U.S. markets open on Thursday, February 27, 2025. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on February 27, 2025 (9:00 PM Beijing / Hong Kong time on the same day).
Neutral
PRNewsWire
2 months ago
Daqo New Energy's Subsidiary Xinjiang Daqo Provides Preliminary Estimate of Net Loss for FY2024
SHANGHAI , Jan. 17, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its subsidiary Xinjiang Daqo New Energy ("Xinjiang Daqo") has provided an estimate of its net loss for the fiscal year ended December 31, 2024 to the Shanghai Stock Exchange. Xinjiang Daqo estimates that under PRC GAAP, its net loss attributable to Xinjiang Daqo's shareholders in FY2024 would be in the range of RMB2.6~3.1 billion, compared to net profit attributable to Xinjiang Daqo's shareholders of RMB5.8 billion in FY2023.
Positive
Seeking Alpha
2 months ago
Daqo New Energy: Quick Gains Likely Behind Us - Slow & Steady Ahead
DQ's bottom has materialized, as the polysilicon spot prices stabilized and the stock continues to enjoy uptrend bullish support. Much of the tailwinds are attributed to the moderation in capacity utilization and market consolidation, one that DQ may survive, thanks to its healthy balance sheet. If anything, solar installations within China continue to grow, with domestic demand likely to well balance the over supply issues and demand headwinds from the US/ EU.
Positive
Seeking Alpha
3 months ago
Daqo New Energy: Deeply Undervalued Amid Short-Term Challenges
Daqo New Energy faces short-term challenges due to a sharp decline in polysilicon prices, impacting revenue and profitability in FY24. Despite current market conditions, DQ's strong balance sheet and projected long-term demand growth for solar panels support a "buy" rating. Polysilicon prices are expected to recover by H2 FY25, driven by market consolidation and improved supply-demand balance.
Neutral
PRNewsWire
4 months ago
Daqo New Energy Corp. to Hold Annual General Meeting on December 10, 2024
SHANGHAI , Nov. 12, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it will hold its annual general meeting (the "AGM") at Daqo New Energy Corp. Shanghai Office, 29th Floor, Huadu Building, No. 838, Zhangyang Road, Pudong District, Shanghai 200122, People's Republic of China on December 10, 2024 at 10:00 AM (Beijing time).
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