▼ -27.05% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Daqo New Energy in the last 3 months. The average price target is $144.50, with a high forecast of $220.00 and a low forecast of $69.00. The average price target represents a -27.05% upside from the last price of $198.09.
The current consensus among 3 investment analysts is to buy stock in Daqo New Energy.
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon and wafers in the People's Republic of China. It operates through two segments, Polysilicon and Wafers. The company offers polysilicon to photovoltaic product manufacturers who further process its polysilicon into ingots, wafers, cells, and modules for solar power solutions. It also provides multi-crystalline wafers. 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 headquartered in Wanzhou, the People's Republic of China.