DAQO New Energy Corp Stock News

Daqo (DQ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Daqo New Energy Corp. (DQ) Q4 2023 Earnings Call Transcript

Daqo New Energy (DQ) came out with quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $4.71 per share a year ago.

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Daqo New Energy (DQ) repurchased shares worth $491 million by 2023 end, expressing confidence in undervaluation and emphasizing capital preservation amid industry challenges.

Solar stocks have suffered in 2023, but the recent momentum driven by expected rate cuts from the Federal Reserve could move solar stocks higher in 2024. Daqo New Energy is facing a fierce oversupply

The project by Daqo (DQ) is anticipated to acquire certificates for renewable energy and green power as well as green electricity.

The stock market has been on a tear in the past month, with the S&P500 up over 9%. Considering the market's annual average return to be around 10%, this is quite tremendous growth.

Daqo New Energy has a strong balance sheet with $3.3B in cash and no debt, providing flexibility during the downturn in polysilicon prices. The company plans to utilize its available capital for share

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Daqo New Energy Corp. (NYSE:DQ ) Q3 2023 Earnings Conference Call October 30, 2023 8:00 AM ET Company Participants Xiang Xu - Chairman and Chief Executive Officer Ming Yang - Chief Financial Officer C

Daqo New Energy (DQ) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of $1.70. This compares to earnings of $4.18 per share a year ago.

Solar stocks have been under pressure in 2023 as the global energy landscape has shifted. The resurgence of fossil fuels, especially natural gas, has made renewable energy sources less competitive and

Daqo New Energy is a leading global producer of polysilicon with competitive advantages in cost, quality, and manufacturing capabilities. China dominates the polysilicon industry due to subsidies and

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