Daqo New Energy Corp.

Daqo New Energy Corp. receives a third consecutive Sell rating due to persistent structural and profitability challenges. DQ's production costs exceed polysilicon selling prices, utilization rates remain below 50%, and gross margins are deeply negative. Despite a recent rally and increased output guidance, DQ's market cap is unsupported by its $22.3M projected annual gross profit and ongoing losses.

Daqo New Energy Corp. (DQ) Q2 2026 Earnings Call Transcript

DAQO New Energy NYSE: DQ reported a narrower second-quarter loss as it resumed normal polysilicon sales in June, though pricing remained below production costs amid weak solar demand and elevated industry inventories.

Daqo New Energy (DQ) came out with a quarterly loss of $1.2 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to a loss of $1.14 per share a year ago.