DAQO New Energy (DQ) Set to Announce Earnings on Tuesday

Key Points

• DAQO New Energy is expected to report Q3 2026 results before the market opens on October 27. Analysts forecast a loss of $0.48 per share on revenue of approximately $61.9 million.
• The company missed its previous quarterly EPS estimate, reporting a $1.20 loss per share versus the expected $0.57 loss, despite revenue exceeding expectations.
• Analyst sentiment remains cautious: DQ has a consensus “Reduce” rating, with one Buy, two Hold and three Sell ratings, and an average price target of $15.83.

DAQO New Energy (NYSE:DQ - Get Free Report) is anticipated to post 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. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings report 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 issued its quarterly earnings data 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). DAQO New Energy had a negative return on equity of 3.26% and a negative net margin of 34.50%. The business had revenue of $62.66 million for the quarter, compared to analysts' expectations of $52.93 million. 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 Performance

DQ stock opened at $10.09 on Tuesday. DAQO New Energy has a 1 year low of $9.89 and a 1 year high of $36.59. The stock's 50 day moving average price is $12.29 and its 200 day moving average price is $14.89. The firm has a market cap of $683.06 million, a P/E ratio of -3.55 and a beta of 0.67.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on DQ shares. Weiss Ratings raised DAQO New Energy from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Monday, September 14th. Zacks Research raised DAQO New Energy from a "strong sell" rating to a "hold" rating in a report on Tuesday, September 29th. JPMorgan Chase & Co. reduced their price objective on DAQO New Energy from $35.50 to $22.00 and set an "overweight" rating on the stock in a research report on Friday, July 31st. New Street Research set a $10.00 price objective on DAQO New Energy in a research report 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 objective on the stock. in a research note on Monday, August 24th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Reduce" and an average target price of $15.83.

DAQO New Energy Company Profile

Daqo New Energy Corp. is a China-based manufacturer of high-purity polysilicon, a critical raw material used in the production of solar photovoltaic wafers, cells and modules. Through its principal operating subsidiary, Xinjiang Daqo New Energy Co, Ltd., the company produces polysilicon for the global solar industry.

The company's products are primarily used by photovoltaic manufacturers to make monocrystalline and multicrystalline silicon wafers. Daqo operates production facilities in China, including in Xinjiang, and supplies customers in China and international markets through the solar photovoltaic manufacturing supply chain.

Daqo New Energy was established in 2008 and completed its initial public offering on the New York Stock Exchange in 2010.

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