DAQO New Energy (DQ) to Release Quarterly Earnings on Tuesday

DAQO New Energy (NYSE:DQ) is anticipated to release its Q2 2025 earnings data before the market opens on Tuesday, August 26th. Analysts expect the company to announce earnings of ($1.16) per share and revenue of $140.54 million for the quarter.

DAQO New Energy Price Performance

DQ stock opened at $22.91 on Tuesday. The company’s 50 day simple moving average is $19.03 and its 200-day simple moving average is $17.50. The firm has a market capitalization of $1.54 billion, a PE ratio of -3.52 and a beta of 0.48. DAQO New Energy has a 12 month low of $12.40 and a 12 month high of $30.85.

Analysts Set New Price Targets

Several research firms recently commented on DQ. Glj Research upgraded DAQO New Energy from a “sell” rating to a “buy” rating and set a $30.51 price target on the stock in a research note on Thursday, July 10th. Hsbc Global Res downgraded DAQO New Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 30th. Wall Street Zen upgraded DAQO New Energy to a “sell” rating in a research note on Monday, April 21st. HSBC downgraded shares of DAQO New Energy from a “buy” rating to a “hold” rating and set a $14.00 price objective on the stock. in a research note on Wednesday, April 30th. Finally, Citigroup initiated coverage on shares of DAQO New Energy in a research report on Friday, July 18th. They issued a “buy” rating and a $27.00 target price for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, DAQO New Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.22.

Institutional Trading of DAQO New Energy

Hedge funds have recently modified their holdings of the business. Goldman Sachs Group Inc. increased its stake in DAQO New Energy by 117.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,159,835 shares of the semiconductor company’s stock valued at $21,005,000 after buying an additional 625,900 shares during the period. Millennium Management LLC increased its position in DAQO New Energy by 1,261.0% in the 1st quarter. Millennium Management LLC now owns 354,596 shares of the semiconductor company’s stock worth $6,422,000 after purchasing an additional 328,541 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of DAQO New Energy by 137.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 401,919 shares of the semiconductor company’s stock worth $6,097,000 after purchasing an additional 232,759 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of DAQO New Energy by 267.0% during the 2nd quarter. Bank of America Corp DE now owns 193,805 shares of the semiconductor company’s stock valued at $2,940,000 after buying an additional 141,004 shares during the last quarter. Finally, Scoggin Management LP bought a new stake in shares of DAQO New Energy in the 2nd quarter valued at approximately $1,517,000. Hedge funds and other institutional investors own 47.22% of the company’s stock.

About DAQO New Energy

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp.