JinkoSolar - JKS Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JinkoSolar in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street equities 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.
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3 brokers have issued 12-month price objectives for JinkoSolar's stock. Their JKS share price forecasts range from $41.00 to $76.00. On average, they anticipate the company's stock price to reach $62.33 in the next twelve months. This suggests a possible upside of 30.1% 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 stock has increased by 17.2% and is now trading at $47.90.
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JinkoSolar saw a increase in short interest in February. As of February 28th, there was short interest totaling 1,920,000 shares, an increase of 13.6% from the February 13th total of 1,690,000 shares. Based on an average trading volume of 1,010,000 shares, the short-interest ratio is currently 1.9 days.
View JinkoSolar's Short Interest.

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

JinkoSolar Holding Co., Ltd. (NYSE:JKS) posted its earnings results on Tuesday, November, 30th. The semiconductor company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. The semiconductor company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.39 billion. JinkoSolar had a net margin of 0.75% and a trailing twelve-month return on equity of 6.84%. JinkoSolar's revenue was up 3.0% on a year-over-year basis. During the same period last year, the business earned ($0.91) EPS.

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

JinkoSolar declared that its Board of Directors has initiated a stock buyback plan on Wednesday, July 6th 2022, which permits the company to repurchase $0.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are 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."

JinkoSolar's stock is owned by many different retail and institutional investors. Top institutional shareholders include Schroder Investment Management Group (4.95%), Morgan Stanley (2.90%), Mackenzie Financial Corp (2.81%), Handelsbanken Fonder AB (1.44%), Dimensional Fund Advisors LP (1.21%) and Nomura Holdings Inc. (0.79%).

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 $47.90.

JinkoSolar (NYSE:JKS) has a market capitalization of $2.40 billion and generates $83.53 billion in revenue each year. The semiconductor company earns $96.44 million in net income (profit) each year or ($0.03) on an earnings per share basis.

The company employs 31,030 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 867938469699, via email at ir@jinkosolar.com, or via fax at 86-79-3846-1152.