Overview

* Daqo Q2 2025 revenue falls to $75.2 mln, missing analyst expectations

* Adjusted net loss beats estimates at $57.9 mln, per LSEG data

* Maintains strong balance sheet with no financial debt, says co

Outlook

* Company expects Q3 polysilicon production volume of 27,000 MT to 30,000 MT

* Daqo forecasts full-year polysilicon production volume of 110,000 MT to 130,000 MT

Result Drivers

* MARKET OVERCAPACITY - Co faced challenges from industry overcapacity and high inventory levels, leading to reduced utilization rates

* SALES VOLUME DECLINE - Polysilicon sales volume decreased significantly

* COST REDUCTION - Decline in silicon metal costs and reduced energy consumption lowered production costs, per CEO Xiang Xu

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $75.20 $140.50

Revenue mln mln (2

Analysts

)

Q2 Beat -$57.90 -$86.10

Adjusted mln mln (2

Net Analysts

Income )

Q2 Net -$76.50

Income mln

Q2 Beat -$48.20 -$58.50

Adjusted mln mln (2

EBITDA Analysts

)

Q2 -64.0%

Adjusted

EBITDA

Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the renewable energy equipment & services peer group is "buy"

* Wall Street's median 12-month price target for Daqo New Energy Corp ( DQ ) is $25.85, about 7.5% above its August 25 closing price of $23.90

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)