DAQO New Energy (NYSE:DQ) Hits New 1-Year Low – Should You Sell?

Posted by Brian Himes on Sep 28th, 2026

DAQO New Energy Corp. (NYSE:DQ – Get Free Report)’s stock price hit a new 52-week low on Monday. The stock traded as low as $11.16 and last traded at $11.1840, with a volume of 28370 shares trading hands. The stock had previously closed at $11.47.

Analyst Upgrades and Downgrades

DQ has been the subject of several recent analyst reports. New Street Research set a $10.00 target price on shares of DAQO New Energy in a research note on Monday, August 24th. Weiss Ratings raised shares of DAQO New Energy from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, September 14th. JPMorgan Chase & Co. cut their price target on shares of DAQO New Energy from $35.50 to $22.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. The Goldman Sachs Group downgraded shares of DAQO New Energy from a “neutral” rating to a “sell” rating and set a $10.00 price objective for the company. in a research report on Monday, August 24th. Finally, Zacks Research lowered shares of DAQO New Energy from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $15.83.

Check Out Our Latest Research Report on DQ

DAQO New Energy Trading Down 2.8%

The stock’s fifty day moving average is $12.87 and its two-hundred day moving average is $16.14. The company has a market capitalization of $754.52 million, a PE ratio of -3.93 and a beta of 0.67.

DAQO New Energy (NYSE:DQ – Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The semiconductor company reported ($1.20) earnings per share (EPS) 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 analysts’ expectations of $52.93 million. DAQO New Energy had a negative return on equity of 3.26% and a negative net margin of 34.50%. As a group, analysts anticipate that DAQO New Energy Corp. will post -1.96 EPS for the current fiscal year.

Institutional Investors Weigh In On DAQO New Energy

Several large investors have recently modified their holdings of DQ. Renaissance Technologies LLC purchased a new position in shares of DAQO New Energy during the 1st quarter valued at about $3,285,000. Cygnus Capital Advisors LLC purchased a new stake in DAQO New Energy in the 2nd quarter worth approximately $724,000. SG Americas Securities LLC raised its stake in DAQO New Energy by 58.1% during the 1st quarter. SG Americas Securities LLC now owns 67,643 shares of the semiconductor company’s stock worth $1,439,000 after acquiring an additional 24,855 shares during the period. Himension Capital Singapore PTE. LTD. bought a new stake in DAQO New Energy during the 1st quarter worth approximately $521,000. Finally, Hsbc Holdings PLC purchased a new position in DAQO New Energy during the fourth quarter valued at approximately $624,000. Hedge funds and other institutional investors own 47.22% of the company’s stock.

About DAQO New Energy

(Get Free Report)

DAQO New Energy Corp. (NYSE: DQ) is a China-based manufacturer of high-purity polysilicon, a key raw material used to produce the wafers, cells and modules that make up solar photovoltaic panels. The company supplies polysilicon primarily to manufacturers in the global solar power industry.

Through its operating subsidiary, Xinjiang Daqo New Energy Co, Ltd., the company produces polysilicon at manufacturing facilities in China. Its products include polysilicon used in both monocrystalline and multicrystalline solar applications, with product specifications designed for use in advanced photovoltaic manufacturing.

Daqo New Energy was established in 2008 and began commercial polysilicon production in 2009.