DAQO New Energy (NYSE:DQ) Rating Lowered to "Strong Sell" at Wall Street Zen

Key Points

• Wall Street Zen downgraded DAQO New Energy from "hold" to "strong sell", joining other analysts who have cut ratings while the MarketBeat consensus remains a "Hold" with an average target price of $23.59.
• DAQO posted a severe quarterly miss, reporting EPS of ($1.31) vs. ($0.13) expected and revenue of $26.72M vs. $186.28M expected, leaving a negative net margin (‑32.92%) and negative return on equity.
• Shares trade around $19.22 with a 52‑week range of $12.52–$36.59 and a market cap of about $1.30B; institutional investors own roughly 47% of the company.

DAQO New Energy (NYSE:DQ - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "strong sell" rating in a report issued on Saturday.

Several other equities analysts also recently issued reports on the company. Roth Mkm set a $19.00 price objective on DAQO New Energy in a research report on Thursday. Glj Research downgraded DAQO New Energy from a "buy" rating to a "sell" rating and cut their price objective for the company from $30.51 to $18.13 in a research report on Tuesday, February 3rd. New Street Research set a $18.13 price objective on DAQO New Energy in a research report on Tuesday, February 3rd. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of DAQO New Energy in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, DAQO New Energy has a consensus rating of "Hold" and an average target price of $23.59.

DAQO New Energy Stock Performance

Shares of DQ opened at $19.22 on Friday. The stock has a fifty day moving average price of $22.13 and a two-hundred day moving average price of $26.57. DAQO New Energy has a 52-week low of $12.52 and a 52-week high of $36.59. The company has a market cap of $1.30 billion, a price-to-earnings ratio of -6.91 and a beta of 0.66.

DAQO New Energy (NYSE:DQ - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported ($1.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($1.18). DAQO New Energy had a negative net margin of 32.92% and a negative return on equity of 3.19%. The business had revenue of $26.72 million during the quarter, compared to the consensus estimate of $186.28 million. As a group, research analysts predict that DAQO New Energy will post -0.38 EPS for the current fiscal year.

Institutional Investors Weigh In On DAQO New Energy

Institutional investors and hedge funds have recently made changes to their positions in the company. Quarry LP bought a new stake in shares of DAQO New Energy during the third quarter worth $26,000. Farther Finance Advisors LLC raised its position in shares of DAQO New Energy by 1,650.0% during the fourth quarter. Farther Finance Advisors LLC now owns 1,330 shares of the semiconductor company's stock worth $39,000 after acquiring an additional 1,254 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of DAQO New Energy during the fourth quarter worth $49,000. Banque Cantonale Vaudoise bought a new stake in shares of DAQO New Energy during the fourth quarter worth $55,000. Finally, Headlands Technologies LLC bought a new stake in shares of DAQO New Energy during the second quarter worth $29,000. Institutional investors own 47.22% of the company's stock.

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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