JinkoSolar (JKS) Stock Forecast, Price Target & Predictions
JKS Stock Forecast
JinkoSolar stock forecast is as follows: an average price target of $23.80 (represents a 5.03% upside from JKS’s last price of $22.66) and a rating consensus of 'Sell', based on 5 wall street analysts offering a 1-year stock forecast.
JKS Price Target
The average price target for JinkoSolar (JKS) is $23.80 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $30.00 to $20.00. This represents a potential 5.03% upside from JKS's last price of $22.66.
JKS Analyst Ratings
According to 5 Wall Street analysts, JinkoSolar's rating consensus is 'Sell'. The analyst rating breakdown for JKS stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (40.00%), 3 'Sell' (60.00%), and 0 'Strong Sell' (0.00%).
JinkoSolar Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Brian Lee | Goldman Sachs | $20.00 | $25.35 | -21.10% | -11.74% |
| Sep 04, 2024 | Philip Shen | Roth Capital | $20.00 | $17.60 | 13.64% | -11.74% |
| Jul 17, 2024 | Dennis Ip | Daiwa | $20.00 | $21.80 | -8.26% | -11.74% |
| May 01, 2024 | Daniel Yang | HSBC | $29.00 | $24.12 | 20.23% | 27.98% |
| Mar 21, 2024 | Brian Lee | Goldman Sachs | $26.00 | $23.66 | 9.89% | 14.74% |
| Mar 20, 2024 | Jon Windham | UBS | $30.00 | $24.90 | 20.48% | 32.39% |
| Mar 10, 2023 | Daniel Yang | HSBC | $76.00 | $56.16 | 35.33% | 235.39% |
| Jan 11, 2023 | - | Roth Capital | $70.00 | $53.38 | 31.14% | 208.91% |
| Aug 29, 2022 | - | Goldman Sachs | $35.00 | $62.81 | -44.28% | 54.46% |
The latest JinkoSolar stock forecast, released on Oct 30, 2024 by Brian Lee from Goldman Sachs, set a price target of $20.00, which represents a -21.10% decrease from the stock price at the time of the forecast ($25.35), and a -11.74% decrease from JKS last price ($22.66).
JinkoSolar Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 6 |
| Avg Price Target | $20.00 | $20.00 | $24.17 |
| Last Closing Price | $22.66 | $22.66 | $22.66 |
| Upside/Downside | -11.74% | -11.74% | 6.66% |
In the current month, the average price target of JinkoSolar stock is $20.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -11.74% decrease as opposed to JinkoSolar's last price of $22.66. This month's average price target is down 0.00% compared to last quarter, and down -17.25% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Goldman Sachs | Sell | Sell | Hold |
| Jul 17, 2024 | Daiwa | - | Reduce | Downgrade |
| May 01, 2024 | HSBC | Hold | Hold | Hold |
| Apr 30, 2024 | Roth Capital | Underperform | Underperform | Hold |
| Apr 30, 2024 | UBS | Hold | Hold | Hold |
| Mar 10, 2023 | GLJ Research | Sell | Sell | Hold |
| Mar 10, 2023 | HSBC | - | Buy | Initialise |
| Mar 10, 2023 | Goldman Sachs | Sell | Sell | Hold |
| Jan 11, 2023 | Roth Capital | - | Buy | Upgrade |
| Aug 29, 2022 | Goldman Sachs | Sell | Sell | Hold |
JinkoSolar's last stock rating was published by Goldman Sachs on Oct 30, 2024. The company gave JKS a "Sell" rating, the same as its previous rate.
JinkoSolar Financial Forecast
JinkoSolar Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $23.33B | $30.40B | $19.52B | $18.84B | $14.76B | $16.39B | $8.57B | $7.93B | $7.94B | $9.42B | $8.77B | $8.45B | $8.48B | $9.53B | $7.48B |
| Avg Forecast | $35.67B | $32.35B | $30.56B | $25.91B | $28.02B | $25.67B | $23.66B | $20.54B | $25.69B | $22.32B | $28.36B | $24.32B | $30.96B | $30.55B | $27.85B | $22.30B | $24.75B | $17.94B | $15.84B | $13.09B | $13.71B | $8.20B | $7.75B | $7.76B | $8.98B | $8.79B | $7.92B | $7.23B | $9.18B | $7.22B |
| High Forecast | $38.57B | $34.98B | $33.05B | $28.02B | $30.29B | $27.76B | $25.58B | $22.21B | $27.78B | $24.13B | $30.67B | $26.29B | $33.47B | $33.03B | $30.11B | $24.11B | $26.75B | $17.94B | $15.84B | $13.09B | $13.71B | $8.20B | $7.75B | $7.76B | $8.98B | $8.79B | $7.92B | $7.23B | $9.18B | $7.22B |
| Low Forecast | $29.78B | $27.01B | $25.52B | $21.63B | $23.39B | $21.44B | $19.76B | $17.15B | $21.45B | $18.64B | $23.68B | $20.30B | $25.85B | $25.51B | $23.25B | $18.62B | $20.66B | $17.94B | $15.84B | $13.09B | $13.71B | $8.20B | $7.75B | $7.76B | $8.98B | $8.79B | $7.92B | $7.23B | $9.18B | $7.22B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.23% | 1.09% | 1.19% | 1.13% | 1.20% | 1.05% | 1.02% | 1.02% | 1.05% | 1.00% | 1.07% | 1.17% | 1.04% | 1.04% |
JinkoSolar's average Quarter revenue forecast for Jun 23 based on 1 analysts is $27.85B, with a low forecast of $23.25B, and a high forecast of $30.11B. JKS's average Quarter revenue forecast represents a 19.38% increase compared to the company's last Quarter revenue of $23.33B (Mar 23).
JinkoSolar EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.48B | $950.56M | $523.20M | $-205.19M | $254.13M | $510.76M | $381.74M | $216.86M | $429.84M | $107.06M | $205.30M | $447.04M | $500.57M | $1.03B | $575.61M |
| Avg Forecast | $3.10B | $2.81B | $2.65B | $2.25B | $2.43B | $2.23B | $2.05B | $1.78B | $2.23B | $1.94B | $2.46B | $7.29B | $2.69B | $2.65B | $2.42B | $5.48B | $10.87B | $1.56B | $1.38B | $4.60B | $1.19B | $711.51M | $672.61M | $4.32B | $779.47M | $763.17M | $687.51M | $627.52M | $796.97M | $626.35M |
| High Forecast | $3.35B | $3.04B | $2.87B | $2.43B | $2.63B | $2.41B | $2.22B | $1.93B | $2.41B | $2.09B | $2.66B | $8.75B | $2.91B | $2.87B | $2.61B | $6.57B | $13.05B | $1.56B | $1.38B | $5.52B | $1.19B | $711.51M | $672.61M | $5.19B | $779.47M | $763.17M | $687.51M | $627.52M | $796.97M | $626.35M |
| Low Forecast | $2.59B | $2.34B | $2.22B | $1.88B | $2.03B | $1.86B | $1.72B | $1.49B | $1.86B | $1.62B | $2.06B | $5.83B | $2.24B | $2.21B | $2.02B | $4.38B | $8.70B | $1.56B | $1.38B | $3.68B | $1.19B | $711.51M | $672.61M | $3.46B | $779.47M | $763.17M | $687.51M | $627.52M | $796.97M | $626.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.27% | 0.09% | 0.34% | -0.15% | 0.06% | 0.43% | 0.54% | 0.32% | 0.10% | 0.14% | 0.27% | 0.65% | 0.80% | 1.29% | 0.92% |
1 analysts predict JKS's average Quarter EBITDA for Jun 23 to be $2.42B, with a high of $2.61B and a low of $2.02B. This is 63.48% upper than JinkoSolar's previous annual EBITDA (Mar 23) of $1.48B.
JinkoSolar Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.21B | $709.67M | $758.73M | $-346.37M | $97.83M | $320.36M | $194.22M | $66.24M | $221.09M | $-376.95M | $6.85M | $318.04M | $282.44M | $369.51M | $363.56M |
| Avg Forecast | $880.13M | $654.44M | $525.51M | $275.08M | $573.29M | $164.45M | $-67.29M | $-75.72M | $-91.00M | $-269.85M | $-57.26M | $3.75B | $950.48M | $551.30M | $601.16M | $2.82B | $9.27B | $255.79M | $11.71M | $2.37B | $300.85M | $-9.52M | $-54.14M | $2.22B | $139.80M | $260.43M | $240.98M | $370.19M | $531.89M | $297.19M |
| High Forecast | $973.05M | $723.53M | $580.99M | $304.12M | $633.81M | $181.81M | $-52.85M | $-59.47M | $-71.47M | $-211.94M | $-44.97M | $4.50B | $1.05B | $561.17M | $664.63M | $3.38B | $11.13B | $255.79M | $11.71M | $2.84B | $300.85M | $-9.52M | $-54.14M | $2.67B | $139.80M | $260.43M | $240.98M | $370.19M | $531.89M | $297.19M |
| Low Forecast | $691.25M | $513.99M | $412.73M | $216.04M | $450.26M | $129.16M | $-74.40M | $-83.71M | $-100.60M | $-298.34M | $-63.30M | $3.00B | $746.50M | $541.43M | $472.15M | $2.25B | $7.42B | $255.79M | $11.71M | $1.89B | $300.85M | $-9.52M | $-54.14M | $1.78B | $139.80M | $260.43M | $240.98M | $370.19M | $531.89M | $297.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.43% | 0.08% | 2.97% | -29.58% | 0.04% | 1.06% | -20.39% | -1.22% | 0.10% | -2.70% | 0.03% | 1.32% | 0.76% | 0.69% | 1.22% |
JinkoSolar's average Quarter net income forecast for Jun 23 is $601.16M, with a range of $472.15M to $664.63M. JKS's average Quarter net income forecast represents a -50.47% decrease compared to the company's last Quarter net income of $1.21B (Mar 23).
JinkoSolar SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.64B | $3.19B | $2.80B | $2.75B | $2.04B | $1.89B | $1.06B | $887.94M | $978.73M | $1.18B | $843.45M | $1.00B | $852.41M | $974.92M | $872.89M |
| Avg Forecast | $4.03B | $3.66B | $3.46B | $2.93B | $3.17B | $2.90B | $2.68B | $2.32B | $2.90B | $2.52B | $3.21B | $16.60B | $3.50B | $3.45B | $3.15B | $12.48B | $5.31B | $2.03B | $1.79B | $10.48B | $1.55B | $926.63M | $875.97M | $876.94M | $1.02B | $993.91M | $895.38M | $817.25M | $1.04B | $815.72M |
| High Forecast | $4.36B | $3.95B | $3.74B | $3.17B | $3.42B | $3.14B | $2.89B | $2.51B | $3.14B | $2.73B | $3.47B | $19.92B | $3.78B | $3.73B | $3.40B | $14.97B | $6.37B | $2.03B | $1.79B | $12.58B | $1.55B | $926.63M | $875.97M | $876.94M | $1.02B | $993.91M | $895.38M | $817.25M | $1.04B | $815.72M |
| Low Forecast | $3.37B | $3.05B | $2.88B | $2.45B | $2.64B | $2.42B | $2.23B | $1.94B | $2.42B | $2.11B | $2.68B | $13.28B | $2.92B | $2.88B | $2.63B | $9.98B | $4.25B | $2.03B | $1.79B | $8.38B | $1.55B | $926.63M | $875.97M | $876.94M | $1.02B | $993.91M | $895.38M | $817.25M | $1.04B | $815.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.21% | 0.60% | 1.38% | 1.54% | 0.19% | 1.22% | 1.14% | 1.01% | 1.12% | 1.17% | 0.85% | 1.12% | 1.04% | 0.94% | 1.07% |
JinkoSolar's average Quarter SG&A projection for Jun 23 is $3.15B, based on 1 Wall Street analysts, with a range of $2.63B to $3.40B. The forecast indicates a 19.24% rise compared to JKS last annual SG&A of $2.64B (Mar 23).
JinkoSolar EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $24.05 | $14.12 | $15.14 | $-7.00 | $2.03 | $6.72 | $4.08 | $1.40 | $4.64 | $-8.32 | $0.03 | $7.16 | $6.32 | $8.32 | $8.25 |
| Avg Forecast | $16.77 | $12.47 | $10.02 | $5.24 | $10.93 | $3.13 | $-1.28 | $-1.44 | $-1.73 | $-5.14 | $-1.09 | $0.74 | $18.12 | $10.51 | $11.46 | $3.40 | $8.10 | $4.88 | $0.22 | $3.89 | $5.73 | $-0.18 | $-1.03 | $-0.14 | $2.66 | $4.96 | $4.59 | $7.06 | $10.14 | $5.66 |
| High Forecast | $18.55 | $13.79 | $11.07 | $5.80 | $12.08 | $3.47 | $-1.01 | $-1.13 | $-1.36 | $-4.04 | $-0.86 | $0.74 | $20.03 | $10.70 | $12.67 | $3.76 | $8.96 | $4.88 | $0.22 | $3.89 | $5.73 | $-0.18 | $-1.03 | $-0.14 | $2.66 | $4.96 | $4.59 | $7.06 | $10.14 | $5.66 |
| Low Forecast | $13.17 | $9.80 | $7.87 | $4.12 | $8.58 | $2.46 | $-1.42 | $-1.60 | $-1.92 | $-5.69 | $-1.21 | $0.73 | $14.23 | $10.32 | $9.00 | $2.67 | $6.36 | $4.88 | $0.22 | $3.89 | $5.73 | $-0.18 | $-1.03 | $-0.14 | $2.66 | $4.96 | $4.59 | $7.06 | $10.14 | $5.66 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.07% | 1.74% | 3.11% | -31.37% | 0.52% | 1.17% | -22.48% | -1.36% | -32.01% | -3.12% | 0.01% | 1.56% | 0.90% | 0.82% | 1.46% |
According to 1 Wall Street analysts, JinkoSolar's projected average Quarter EPS for Jun 23 is $11.46, with a low estimate of $9.00 and a high estimate of $12.67. This represents a -52.36% decrease compared to JKS previous annual EPS of $24.05 (Mar 23).
JinkoSolar Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SPWR | SunPower | $0.12 | $17.50 | 14483.33% | Hold |
| SEDG | SolarEdge | $13.68 | $172.60 | 1161.70% | Hold |
| NOVA | Sunnova Energy | $3.49 | $21.09 | 504.30% | Buy |
| RUN | Sunrun | $10.23 | $33.99 | 232.26% | Buy |
| ENPH | Enphase Energy | $63.66 | $167.61 | 163.29% | Buy |
| CSIQ | Canadian Solar | $12.58 | $19.50 | 55.01% | Sell |
| NXT | Nextracker | $39.58 | $56.36 | 42.40% | Buy |
| FSLR | First Solar | $193.83 | $239.46 | 23.54% | Buy |
| JKS | JinkoSolar | $22.66 | $23.80 | 5.03% | Sell |
| MAXN | Maxeon Solar | $11.37 | $3.75 | -67.02% | Hold |
JKS Forecast FAQ
Is JinkoSolar a good buy?
No, according to 5 Wall Street analysts, JinkoSolar (JKS) is considered a 'Sell'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of JKS's total ratings.
What is JKS's price target?
JinkoSolar (JKS) average price target is $23.8 with a range of $20 to $30, implying a 5.03% from its last price of $22.66. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will JinkoSolar stock go up soon?
According to Wall Street analysts' prediction for JKS stock, the company can go up by 5.03% (from the last price of $22.66 to the average price target of $23.8), up by 32.39% based on the highest stock price target, and down by -11.74% based on the lowest stock price target.
Can JinkoSolar stock reach $30?
JKS's average twelve months analyst stock price target of $23.8 does not support the claim that JinkoSolar can reach $30 in the near future.
What is JinkoSolar's current price target trend?
1 Wall Street analyst forecast a $20 price target for JinkoSolar (JKS) this month, down -11.74% from its last price of $22.66. Compared to the last 3 and 12 months, the average price target decreased by -11.74% and increased by 6.66%, respectively.
What are JinkoSolar's analysts' financial forecasts?
JinkoSolar's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $97.89B (high $105.84B, low $81.73B), average EBITDA is $8.5B (high $9.19B, low $7.09B), average net income is $594.72M (high $703.3M, low $421.3M), average SG&A $11.07B (high $11.97B, low $9.24B), and average EPS is $11.34 (high $13.4, low $8.03). JKS's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $124.5B (high $134.61B, low $103.95B), average EBITDA is $10.81B (high $11.69B, low $9.02B), average net income is $2.34B (high $2.58B, low $1.83B), average SG&A $14.08B (high $15.22B, low $11.75B), and average EPS is $44.51 (high $49.21, low $34.96).
Did the JKS's actual financial results beat the analysts' financial forecasts?
Based on JinkoSolar's last annual report (Dec 2022), the company's revenue was $83.53B, beating the average analysts forecast of $71.62B by 16.63%. Apple's EBITDA was $1.93B, missing the average prediction of $18.41B by -89.51%. The company's net income was $1.43B, missing the average estimation of $11.91B by -88.00%. Apple's SG&A was $10.79B, missing the average forecast of $19.61B by -44.99%. Lastly, the company's EPS was $28.87, beating the average prediction of $17.09 by 68.89%. In terms of the last quarterly report (Mar 2023), JinkoSolar's revenue was $23.33B, beating the average analysts' forecast of $22.3B by 4.62%. The company's EBITDA was $1.48B, missing the average prediction of $5.48B by -73.01%. JinkoSolar's net income was $1.21B, missing the average estimation of $2.82B by -56.93%. The company's SG&A was $2.64B, missing the average forecast of $12.48B by -78.83%. Lastly, the company's EPS was $24.05, beating the average prediction of $3.4 by 606.71%