Roth Capital Lowers Price Target for Daqo New Energy Corp.
Roth Capital has lowered its price target for Daqo New Energy Corp. (DQ) from $25 to $19, maintaining a Neutral rating due to the company's Q1 2026 earnings miss and inventory impairment charges of nearly $100 million. The firm warns that without updated minimum pricing guidance expected in June, DQ may reduce production or sell at market prices.
Tickers: $DQ
Topics: Daqo New Energy polysilicon market price target cut Roth Capital