Daqo New Energy Plunges 11.72% on Earnings Report

On August 26, 2025, Daqo New Energy experienced a significant drop of 11.72% in pre-market trading, reflecting a notable shift in investor sentiment towards the company.

Daqo New Energy, a leading manufacturer of solar polysilicon, reported its second-quarter 2025 production figures, which showed a 4.8% quarter-over-quarter increase to 26,012 metric tons. This production surge indicates the company's continued operational efficiency and capacity expansion efforts. The company's revenue for the quarter stood at $75.2 million, accompanied by a robust cash position of $2.06 billion, demonstrating strong financial health and liquidity.

Daqo New Energy's Q2 2025 earnings report, released on August 26, 2025, provided further insights into the company's performance. The report highlighted the company's ability to maintain profitability amidst market fluctuations, which is crucial for investor confidence. The earnings results, while not explicitly detailed, are expected to have influenced the stock's pre-market decline, as investors may have reassessed their expectations based on the reported figures.