Daqo New Energy is trading 5.99% down now at $13.56 after Goldman Sachs downgraded the stock to Sell from Neutral on August 25, 2026, cutting its price target to $10 from $11.20.
- Goldman cited production-cost concerns and pricing execution.
- The downgrade follows weak second-quarter results, including a $1.20-per-ADS loss and continued polysilicon pricing pressure.
- Broader U.S. markets are higher.