Friday's ETF Movers: TAN, PSI

Written by Emily J. Thompson, Senior Investment Analyst

DQ+2.57%

PSI-0.1%

KLAC-1.32%

Source: NASDAQ.COM

Updated: Aug 15 2025

0mins

Source: NASDAQ.COM

Invesco Semiconductors ETF Performance: The Invesco Semiconductors ETF is down approximately 2.7% in Friday afternoon trading, with Applied Materials shares dropping about 13% and KLAC shares declining by around 7.9%.
Author's Views Disclaimer: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.

$25.17+Infinity%1D

Analyst Views on DQ

Wall Street analysts forecast DQ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DQ is 28.77 USD with a low forecast of 18.30 USD and a high forecast of 38.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Analyst Rating

1 Buy

2 Hold

0 Sell

Moderate Buy

Current: 24.540

Low

18.30

Averages

28.77

High

38.00

Current: 24.540

Low

18.30

Averages

28.77

High

38.00

Goldman Sachs

Neutral

maintain

2025-10-29

Reason

Goldman Sachs

Price Target

AI Analysis

2025-10-29

maintain

Neutral

Reason

Goldman Sachs raised the firm's price target on Daqo New Energy to $18.30 from $16.20 and keeps a Neutral rating on the shares.

Roth Capital

Neutral

maintain

$25 -> $30

2025-10-28

Reason

Roth Capital

Price Target

$25 -> $30

2025-10-28

maintain

Neutral

Reason

Roth Capital raised the firm's price target on Daqo New Energy to $30 from $25 and keeps a Neutral rating on the shares. The company delivered a Q3 earnings beat and issued a healthy Q4 guide while also recording a positive gross margin for the first time since Q1 of 2024, the analyst tells investors in a research note. While this is largely due to a reversal of an inventory write-down, the management believes that positive gross margins could continue given expected average sales price recovery and cost reductions, the firm added.

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Goldman Sachs

Neutral -> Sell

downgrade

Rmb 15.40

2025-09-18

Reason

Goldman Sachs

Price Target

Rmb 15.40

2025-09-18

downgrade

Neutral -> Sell

Reason

Goldman Sachs downgraded Daqo New Energy to Sell from Neutral with a Rmb 15.40 price target. The firm believes the current valuation has priced in too much long-term optimism in terms of both price and volume upside, the analyst tells investors.

Roth Capital

Neutral

maintain

$14 -> $25

2025-09-18

Reason

Roth Capital

Price Target

$14 -> $25

2025-09-18

maintain

Neutral

Reason

Roth Capital raised the firm's price target on Daqo New Energy to $25 from $14 and keeps a Neutral rating on the shares. The company delivered a Q2 miss and slightly lowered its 2025 production guidance, and while Q2 was another quarter selling below cost, Daqo sees Q3 as an inflection point with the potential for cash cost breakeven due to an \"anti-involution\" initiative from Chinese authorities, the analyst tells investors in a research note. The firm added that the bottom may be in for Daqo, but it remains on the sidelines until the industry right-sizes and returns to healthy margins.

About DQ

Daqo New Energy Corp is a holding company primarily engaged in the manufacturing of polysilicon. The Company utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. The Company manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed into ingots, wafers, cells and modules for solar power solutions. The Company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling and solidification needs. The Company also offers wafers through its downstream photovoltaic product manufacturing business. The Company mainly conducts its businesses within domestic market.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.