JinkoSolar (JKS) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for JinkoSolar in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" JKS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JKS, but not buy additional shares or sell existing shares.
View JKS analyst ratings or view top-rated stocks.

2 brokerages have issued 12-month price objectives for JinkoSolar's shares. Their JKS share price forecasts range from $33.00 to $78.00. On average, they predict the company's stock price to reach $60.33 in the next year. This suggests a possible upside of 105.9% from the stock's current price.
View analysts price targets for JKS or view top-rated stocks among Wall Street analysts.

JinkoSolar's stock was trading at $40.88 on January 1st, 2023. Since then, JKS shares have decreased by 28.3% and is now trading at $29.30.
View the best growth stocks for 2023 here.

JinkoSolar saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 3,060,000 shares, an increase of 28.6% from the August 31st total of 2,380,000 shares. Based on an average daily trading volume, of 795,500 shares, the days-to-cover ratio is currently 3.8 days.
View JinkoSolar's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
View our JKS earnings forecast.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) announced its quarterly earnings data on Monday, August, 14th. The semiconductor company reported $3.36 earnings per share for the quarter, beating analysts' consensus estimates of $2.08 by $1.28. The semiconductor company had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.18 billion. JinkoSolar had a trailing twelve-month return on equity of 11.84% and a net margin of 3.21%.

JinkoSolar declared a -- dividend on Wednesday, September 27th. Investors of record on Friday, November 24th will be given a dividend of $1.50 per share on Wednesday, December 6th. The ex-dividend date of this dividend is Wednesday, November 22nd.
Read our dividend analysis for JKS.

ETFs with the largest weight of JinkoSolar (NYSE:JKS) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), Invesco Solar ETF (TAN), SPDR S&P Kensho Clean Power ETF (CNRG), AXS Green Alpha ETF (NXTE), Global X Clean Tech ETF (CTEC), iShares MSCI China Small-Cap ETF (ECNS) and Fidelity Clean Energy ETF (FRNW).Invesco Golden Dragon China ETF (PGJ).

JinkoSolar announced that its board has initiated a share repurchase program on Wednesday, July 6th 2022, which allows the company to buyback $0.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

14 employees have rated JinkoSolar Chief Executive Officer Kangping Chen on Glassdoor.com. Kangping Chen has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other JinkoSolar investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Canadian Solar (CSIQ), Micron Technology (MU), Netflix (NFLX), First Solar (FSLR), Gilead Sciences (GILD), Intel (INTC) and Advanced Micro Devices (AMD).

JinkoSolar trades on the New York Stock Exchange (NYSE) under the ticker symbol "JKS."

Shares of JKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of JKS stock can currently be purchased for approximately $29.30.

JinkoSolar (NYSE:JKS) has a market capitalization of $1.53 billion and generates $12.11 billion in revenue each year. The semiconductor company earns $89.96 million in net income (profit) each year or $6.99 on an earnings per share basis.

The company employs 46,511 workers across the globe.

JinkoSolar's mailing address is 1 JINGKE ROAD SHANGRAO ECONOMIC DEVELOPMENT ZONE, SHANGRAO F4, 334100. The official website for the company is www.jinkosolar.com. The semiconductor company can be reached via phone at 867938588188, via email at ir@jinkosolar.com, or via fax at 86-79-3846-1152.