JinkoSolar (JKS) Stock Forecast, Price Target & Predictions

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JKS Stock Forecast

JinkoSolar stock forecast is as follows: an average price target of $20.00 (represents a -15.97% downside from JKS’s last price of $23.80) 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 $20.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $20.00. This represents a potential -15.97% downside from JKS's last price of $23.80.

JKS Analyst Ratings

Sell

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%	-15.97%
Sep 04, 2024	Philip Shen	Roth Capital	$20.00	$17.60	13.64%	-15.97%
Jul 17, 2024	Dennis Ip	Daiwa	$20.00	$21.80	-8.26%	-15.97%
May 01, 2024	Daniel Yang	HSBC	$29.00	$24.12	20.23%	21.85%
Mar 21, 2024	Brian Lee	Goldman Sachs	$26.00	$23.66	9.89%	9.24%
Mar 20, 2024	Jon Windham	UBS	$30.00	$24.90	20.48%	26.05%
Mar 10, 2023	Daniel Yang	HSBC	$76.00	$56.16	35.33%	219.33%
Jan 11, 2023		Roth Capital	$70.00	$53.38	31.14%	194.12%
Aug 29, 2022		Goldman Sachs	$35.00	$62.81	-44.28%	47.06%

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 -15.97% decrease from JKS last price ($23.80).

JinkoSolar Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	6
Avg Price Target	-	$20.00	$24.17
Last Closing Price	$23.80	$23.80	$23.80
Upside/Downside	-100.00%	-15.97%	1.55%

In the current month, the average price target of JinkoSolar stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to JinkoSolar's last price of $23.80. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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
Aug 24, 2022	GLJ Research	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	$35.02B	$31.75B	$30.00B	$25.43B	$27.50B	$25.20B	$23.23B	$20.16B	$25.22B	$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	$36.20B	$32.83B	$31.01B	$26.29B	$28.43B	$26.05B	$24.01B	$20.84B	$26.07B	$23.07B	$29.32B	$25.14B	$32.00B	$31.58B	$28.79B	$23.05B	$25.58B	$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	$33.92B	$30.76B	$29.06B	$24.64B	$26.64B	$24.41B	$22.50B	$19.53B	$24.43B	$21.62B	$27.48B	$23.56B	$29.99B	$29.60B	$26.98B	$21.60B	$23.97B	$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 $26.98B, and a high forecast of $28.79B. 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	$3.05B	$2.77B	$2.61B	$2.22B	$2.40B	$2.20B	$2.02B	$1.76B	$2.20B	$1.94B	$2.47B	$7.29B	$2.70B	$2.66B	$2.43B	$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	$3.15B	$2.86B	$2.70B	$2.29B	$2.48B	$2.27B	$2.09B	$1.82B	$2.27B	$2.01B	$2.55B	$8.75B	$2.79B	$2.75B	$2.51B	$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	$2.95B	$2.68B	$2.53B	$2.15B	$2.32B	$2.13B	$1.96B	$1.70B	$2.13B	$1.88B	$2.39B	$5.83B	$2.61B	$2.58B	$2.35B	$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 $2.43B, with a high of $2.51B and a low of $2.35B. This is 64.03% 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	$843.71M	$627.36M	$503.77M	$263.69M	$551.02M	$158.69M	$-65.53M	$-73.77M	$-89.30M	$-263.54M	$-55.92M	$3.75B	$928.26M	$538.41M	$587.11M	$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	$880.74M	$654.89M	$525.88M	$275.27M	$575.20M	$165.65M	$-62.87M	$-70.78M	$-85.67M	$-252.85M	$-53.65M	$4.50B	$969.00M	$548.05M	$612.88M	$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	$809.47M	$601.90M	$483.32M	$252.99M	$528.66M	$152.25M	$-68.41M	$-77.01M	$-93.22M	$-275.11M	$-58.37M	$3.00B	$890.59M	$528.77M	$563.28M	$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 $587.11M, with a range of $563.28M to $612.88M. JKS's average Quarter net income forecast represents a -51.63% 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	$3.96B	$3.59B	$3.39B	$2.88B	$3.11B	$2.85B	$2.63B	$2.28B	$2.85B	$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	$4.09B	$3.71B	$3.51B	$2.97B	$3.21B	$2.95B	$2.71B	$2.36B	$2.95B	$2.61B	$3.32B	$19.92B	$3.62B	$3.57B	$3.25B	$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	$3.84B	$3.48B	$3.29B	$2.79B	$3.01B	$2.76B	$2.54B	$2.21B	$2.76B	$2.44B	$3.11B	$13.28B	$3.39B	$3.35B	$3.05B	$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 $3.05B to $3.25B. 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	$16.47	$12.24	$9.83	$5.15	$10.75	$3.10	$-1.28	$-1.44	$-1.74	$-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	$17.19	$12.78	$10.26	$5.37	$11.23	$3.23	$-1.23	$-1.38	$-1.67	$-4.93	$-1.05	$0.74	$18.91	$10.70	$11.96	$3.55	$8.46	$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	$15.80	$11.75	$9.43	$4.94	$10.32	$2.97	$-1.33	$-1.50	$-1.82	$-5.37	$-1.14	$0.73	$17.38	$10.32	$10.99	$3.26	$7.77	$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 $10.99 and a high estimate of $11.96. 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
NOVA	Sunnova Energy	$4.20	$10.22	143.33%	Buy
RUN	Sunrun	$10.06	$23.17	130.32%	Buy
SEDG	SolarEdge	$14.37	$26.60	85.11%	Hold
NXT	Nextracker	$35.72	$55.25	54.68%	Buy
CSIQ	Canadian Solar	$11.67	$17.67	51.41%	Buy
FSLR	First Solar	$188.27	$275.50	46.33%	Buy
ENPH	Enphase Energy	$73.40	$106.27	44.78%	Buy
JKS	JinkoSolar	$26.56	$20.00	-24.70%	Sell
MAXN	Maxeon Solar	$6.15	$3.75	-39.02%	Sell

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 $20 with a range of $20 to $20, implying a -15.97% from its last price of $23.8. 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 down by -15.97% (from the last price of $23.8 to the average price target of $20), down by -15.97% based on the highest stock price target, and down by -15.97% based on the lowest stock price target.

Can JinkoSolar stock reach $40?

JKS's average twelve months analyst stock price target of $20 does not support the claim that JinkoSolar can reach $40 in the near future.

What are JinkoSolar's analysts' financial forecasts?

JinkoSolar's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $96.09B (high $99.33B, low $93.09B), average EBITDA is $8.37B (high $8.65B, low $8.11B), average net income is $570.4M (high $607.21M, low $535.49M), average SG&A $10.86B (high $11.23B, low $10.52B), and average EPS is $11.13 (high $11.85, low $10.45). JKS's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $122.2B (high $126.33B, low $118.39B), average EBITDA is $10.64B (high $11B, low $10.31B), average net income is $2.24B (high $2.34B, low $2.15B), average SG&A $13.82B (high $14.28B, low $13.38B), and average EPS is $43.69 (high $45.6, low $41.91).

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%