DAQO New Energy (DQ) to Announce Quarterly Earnings on Thursday

DAQO New Energy (NYSE:DQ) will likely be posting its Q2 2026 results before the market opens on Thursday, August 20th. Analysts expect DAQO New Energy to announce earnings of ($0.4250) per share and revenue of $56.0640 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 20, 2026 at 8:00 AM ET.

DAQO New Energy Stock Down 2.5%

Shares of DAQO New Energy stock opened at $13.89 on Wednesday. The stock has a market cap of $940.00 million, a price-to-earnings ratio of -5.00 and a beta of 0.66. DAQO New Energy has a twelve month low of $11.38 and a twelve month high of $36.59. The company’s fifty day moving average is $13.20 and its 200 day moving average is $18.42.

Analyst Ratings Changes

DQ has been the topic of several recent research reports. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $11.20 target price on shares of DAQO New Energy in a report on Monday, July 27th. Weiss Ratings raised DAQO New Energy from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. lowered their price objective on DAQO New Energy from $35.50 to $22.00 and set an “overweight” rating for the company in a research report on Friday, July 31st. Roth Capital set a $19.00 price objective on DAQO New Energy in a research note on Thursday, April 30th. Finally, Wall Street Zen cut DAQO New Energy from a “hold” rating to a “strong sell” rating in a report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $22.35.

Institutional Trading of DAQO New Energy

Hedge funds have recently modified their holdings of the stock. Millennium Management LLC boosted its stake in DAQO New Energy by 1,261.0% during the first quarter. Millennium Management LLC now owns 354,596 shares of the semiconductor company’s stock worth $6,422,000 after acquiring an additional 328,541 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in DAQO New Energy by 117.2% in the first quarter. Goldman Sachs Group Inc. now owns 1,159,835 shares of the semiconductor company’s stock valued at $21,005,000 after purchasing an additional 625,900 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in DAQO New Energy by 34.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 174,912 shares of the semiconductor company’s stock valued at $3,168,000 after purchasing an additional 44,780 shares in the last quarter. Jump Financial LLC raised its holdings in shares of DAQO New Energy by 78.0% during the second quarter. Jump Financial LLC now owns 212,200 shares of the semiconductor company’s stock valued at $3,219,000 after purchasing an additional 92,954 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of DAQO New Energy by 267.0% during the second quarter. Bank of America Corp DE now owns 193,805 shares of the semiconductor company’s stock valued at $2,940,000 after purchasing an additional 141,004 shares during the period. Institutional investors own 47.22% of the company’s stock.

DAQO New Energy Company Profile

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.