Roth MKM Maintains Daqo New Energy(DQ.US) With Hold Rating, Raises Target Price to $23
Daqo New Energy Narrows Losses Amid Solar Market Challenges
US stocks anomaly | Daqo New Energy rose by about 3.2% in pre-market trading, Q3 revenue exceeded expectations + received an upward revision in target price by institutions.
On October 31, Daqo New Energy (DQ.US) rose by about 3.2% in pre-market trading to $22.97. On the news front, Daqo New Energy announced its third-quarter performance, with revenue of $0.1985 billion, a 59.1% year-on-year decline, still exceeding market expectations by $10.57 million; the company's net loss attributable to shareholders was $60.7 million, with a loss of $0.92 per ADS. Following the results, Jefferies Financial maintains a 'buy' rating on the stock, raising the target price from $34.05 to $35.54. Daiwa Securities also raised its rating to 'buy' with a target price of $25.
Daqo New Energy Corp (DQ) Q3 2024 Earnings Call Highlights: Navigating Market Challenges With ...
Jefferies Maintains Daqo New Energy(DQ.US) With Buy Rating, Raises Target Price to $35.54
Trump's Treasury Secretary nominee Paulson: Working with Musk to reduce expenses, especially by canceling green energy subsidies, has Asia's giants at a loss?
Abolishing the current Clean Energy Tax Reduction Policy in the existing 'Inflation Reduction Act' could increase tax revenue by approximately $921 billion over a decade. For Asian giants such as Toyota and Hyundai engaged in electric vehicles, wind power, and other renewable energy industries, President Trump and his allies' plan to abolish the Clean Energy Tax Reduction Policy would harm their financial condition and reduce the attractiveness of the USA market.
Daiwa Upgrades Daqo New Energy(DQ.US) to Buy Rating, Maintains Target Price $25
Asian Equities Traded in the US as American Depositary Receipts Trend Lower in Wednesday Trading
Daqo New Energy (DQ.US) reported a 59.1% year-on-year decline in revenue in Q3, with an expected annual maximum production of 0.21 million tons of polysilicon.
Daqo New Energy announced its third-quarter performance for 2024 on Wednesday.
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Wednesday Ahead of Key Jobs Report
Daqo New Energy Q3 24 Earnings Conference Call At 8:00 AM ET
Daqo New Energy Posts Mixed Q3 Results, Shares Inch Higher
Daqo New Energy | 6-K: Report of foreign private issuer (related to financial reporting)
Earnings Flash (DQ) DAQO NEW ENERGY Reports Q3 Loss $-0.59
DAQO New Energy Non-GAAP EPADS of -$0.59, Revenue of $198.5M Beats by $10.57M
Express News | Daqo New Energy Corp - Expects to Produce Approximately 31,000 MT to 34,000 MT of Polysilicon During Q4
Express News | Daqo New Energy Q3 Adjusted Ebitda USD -34.3 Million
Express News | Daqo New Energy Q3 Revenue USD 198.5 Million
Express News | Daqo New Energy Promotes Xiaoyu Xu as Deputy Chief Executive Officer
Press Release: Daqo New Energy Promotes Xiaoyu Xu as Deputy Chief Executive Officer