DAQO New Energy (DQ) Set to Announce Earnings on Tuesday

DAQO New Energy (NYSE:DQ) is expected to be releasing its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect the company to post earnings of ($0.48) per share and revenue of $61.90 million for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, October 27, 2026 at 8:00 AM ET.

DAQO New Energy (NYSE:DQ) last posted its quarterly earnings results on Thursday, August 20th. The semiconductor company reported ($1.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.57) by ($0.63). The firm had revenue of $62.66 million during the quarter, compared to the consensus estimate of $52.93 million. DAQO New Energy had a negative net margin of 34.50% and a negative return on equity of 3.26%. On average, analysts expect DAQO New Energy to post ($1.96) EPS for the current fiscal year and ($0.17) EPS for the next fiscal year.

DAQO New Energy Stock Up 1.4%

Shares of DQ stock opened at $10.22 on Friday. The firm has a market cap of $691.55 million, a price-to-earnings ratio of -3.60 and a beta of 0.67. DAQO New Energy has a 12 month low of $9.89 and a 12 month high of $36.59. The stock has a 50-day moving average price of $11.94 and a 200 day moving average price of $14.63.

Wall Street Analyst Weigh In

Several analysts have commented on DQ shares. The Goldman Sachs Group cut shares of DAQO New Energy from a “neutral” rating to a “sell” rating and set a $10.00 target price for the company. in a research report on Monday, August 24th. New Street Research set a $10.00 price target on DAQO New Energy in a research report on Monday, August 24th. JPMorgan Chase & Co. reduced their price target on DAQO New Energy from $35.50 to $22.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. Zacks Research raised DAQO New Energy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 29th. Finally, Weiss Ratings downgraded DAQO New Energy from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, October 19th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, DAQO New Energy presently has an average rating of “Reduce” and a consensus target price of $15.83.

About DAQO New Energy

Daqo New Energy Corp. (NYSE: DQ) is a China-based manufacturer of high-purity polysilicon, a key raw material used to produce solar photovoltaic wafers, cells and modules. Through its operating subsidiaries, the company produces polysilicon in grades used primarily for monocrystalline and multicrystalline solar applications.

The company’s production operations are located in China, including facilities in Xinjiang. Its products are supplied to manufacturers in the solar photovoltaic industry, primarily within China’s extensive solar manufacturing supply chain, with the company serving customers in other markets through industry sales and distribution relationships.

Daqo New Energy was founded in 2007 and completed its initial public offering on the New York Stock Exchange in 2010.