Is Daqo New Energy Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: DQ) stock is to Hold DQ stock.
Out of 2 analysts, 0 (0%) are recommending DQ as a Strong Buy, 0 (0%) are recommending DQ as a Buy, 2 (100%) are recommending DQ as a Hold, 0 (0%) are recommending DQ as a Sell, and 0 (0%) are recommending DQ as a Strong Sell.
What is DQ's forecast return on equity (ROE) for 2023-2025?
(NYSE: DQ) forecast ROE is 51.91%, which is considered strong.
What is DQ's Price Target?
According to 2 Wall Street analysts that have issued a 1 year DQ price target, the average DQ price target is $35.35, with the highest DQ stock price forecast at $38.70 and the lowest DQ stock price forecast at $32.00.
On average, Wall Street analysts predict that Daqo New Energy's share price could reach $35.35 by Sep 19, 2024. The average Daqo New Energy stock price prediction forecasts a potential upside of 15.07% from the current DQ share price of $30.72.
What is DQ's forecast return on assets (ROA) for 2023-2025?
(NYSE: DQ) forecast ROA is 34.48%, which is higher than the forecast US Semiconductor Equipment & Materials industry average of 27.91%.
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