Daqo New Energy (DQ)

• Market cap: $1.35B
• 1 day: 0.00%
• 5 days: 4.49%
• 1 month: 5.30%
• 3 months: -1.02%
• 6 months: 32.24%
• Year to date: 1.14%
• 1 year: -11.58%
• 5 years: 83.92%
• 10 years: 326.46%

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 Q3 regulatory filings by fund managers ($100M+ AUM)

64% more call options, than puts

Call options by funds: $42.3M | Put options by funds: $25.7M

34% more capital invested

Capital invested by funds: $414M [Q2] → $555M (+$141M) [Q3]

0.3% less ownership

Funds ownership: 8.59% [Q2] → 8.29% (-0.3%) [Q3]

6% less funds holding

Funds holding: 127 [Q2] → 119 (-8) [Q3]

19% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 47

23% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 22

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $25 22% upside
• Avg. target: $25 22% upside
• High target: $25 22% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Daiwa Capital Dennis Ip 100% 1-year accuracy 3 / 3 met price target

22% upside $25

Hold Downgraded

9 Oct 2024