DAQO New Energy (NYSE:DQ – Get Free Report) is projected to issue its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect the company to announce earnings of ($0.48) per share and revenue of $61.90 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 8:00 AM ET.
DAQO New Energy (NYSE:DQ – Get Free Report) last posted its quarterly earnings results on Thursday, August 20th. The semiconductor company reported ($1.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.57) by ($0.63). The company had revenue of $62.66 million for the quarter, compared to analyst estimates of $52.93 million. DAQO New Energy had a negative return on equity of 3.26% and a negative net margin of 34.50%. 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 0.2%
Shares of DQ opened at $10.22 on Monday. The company has a 50-day simple moving average of $11.94 and a 200-day simple moving average of $14.59. The company has a market capitalization of $691.59 million, a PE ratio of -3.60 and a beta of 0.67. DAQO New Energy has a 52-week low of $9.89 and a 52-week high of $36.59.
Analyst Ratings Changes
A number of research firms recently commented on DQ. Zacks Research raised shares of DAQO New Energy from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 29th. Weiss Ratings downgraded shares of DAQO New Energy from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, October 19th. JPMorgan Chase & Co. reduced their price target on shares of 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. New Street Research set a $10.00 price target on DAQO New Energy in a research note on Monday, August 24th. Finally, The Goldman Sachs Group lowered DAQO New Energy from a “neutral” rating to a “sell” rating and set a $10.00 price target on the stock. in a research note on Monday, August 24th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $15.83.
Read Our Latest Analysis on DAQO New Energy
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.
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