DAQO New Energy (NYSE:DQ – Get Free Report) is expected to release its Q2 2026 results before the market opens on Thursday, August 20th. Analysts expect the company to post earnings of ($0.4250) per share and revenue of $56.0640 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 20, 2026 at 8:00 AM ET.
DAQO New Energy Trading Down 2.9%
Shares of DQ stock opened at $14.22 on Tuesday. DAQO New Energy has a twelve month low of $11.38 and a twelve month high of $36.59. The stock has a market cap of $962.27 million, a P/E ratio of -5.12 and a beta of 0.66. The stock has a 50 day moving average of $13.21 and a 200 day moving average of $18.51.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the stock. Roth Capital set a $19.00 price objective on shares of DAQO New Energy in a research note on Thursday, April 30th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $11.20 target price on shares of DAQO New Energy in a research note on Monday, July 27th. JPMorgan Chase & Co. lowered their price target on shares of DAQO New Energy from $35.50 to $22.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Weiss Ratings raised shares of DAQO New Energy from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, August 11th. Finally, Wall Street Zen lowered DAQO New Energy from a “hold” rating to a “strong sell” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $22.35.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vontobel Holding Ltd. boosted its holdings in DAQO New Energy by 1.5% in the 4th quarter. Vontobel Holding Ltd. now owns 57,176 shares of the semiconductor company’s stock worth $1,687,000 after buying an additional 836 shares during the last quarter. Quarry LP acquired a new position in shares of DAQO New Energy during the third quarter valued at approximately $26,000. Headlands Technologies LLC acquired a new position in shares of DAQO New Energy during the second quarter valued at approximately $29,000. Daiwa Securities Group Inc. lifted its position in shares of DAQO New Energy by 21.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 16,300 shares of the semiconductor company’s stock valued at $481,000 after acquiring an additional 2,900 shares in the last quarter. Finally, Compound Planning Inc. lifted its position in shares of DAQO New Energy by 19.2% in the fourth quarter. Compound Planning Inc. now owns 19,518 shares of the semiconductor company’s stock valued at $576,000 after acquiring an additional 3,146 shares in the last quarter. 47.22% of the stock is owned by hedge funds and other institutional investors.
About DAQO New Energy
DAQO New Energy Corp. operates as a leading manufacturer of high-purity polysilicon and monocrystalline silicon wafers for the global solar photovoltaic industry. The company focuses on serving module makers and integrated solar producers with critical upstream materials, applying proprietary technologies and optimized processes to achieve high product purity and consistently low production costs. Its core offerings include solar-grade polysilicon—used in the ingot casting and wafer slicing stages—and premium mono-silicon wafers, which are a key input for high-efficiency solar cell production.
Founded in the late 2000s and listed on the New York Stock Exchange in 2010, DAQO New Energy established its first polysilicon facility in China’s Xinjiang Uygur Autonomous Region.
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