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JinkoSolar (JKS) Stock Forecast & Price Target

$21.20
+0.26 (+1.24%)
(As of 09:27 AM ET)

JinkoSolar - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 6 Wall Street analysts who have issued ratings for JinkoSolar in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 6 analysts, 1 has given a sell rating, and 5 have given a hold rating for JKS.

Consensus Price Target

$26.60
25.47% Upside
High Forecast$30.00
Average Forecast$26.60
Low Forecast$23.00

According to the 6 analysts' twelve-month price targets for JinkoSolar, the average price target is $26.60. The highest price target for JKS is $30.00, while the lowest price target for JKS is $23.00. The average price target represents a forecasted upside of 25.47% from the current price of $21.20.

TypeCurrent Forecast
7/23/23 to 7/22/24
1 Month Ago
6/23/23 to 6/22/24
3 Months Ago
4/24/23 to 4/23/24
1 Year Ago
7/23/22 to 7/23/23
Consensus Rating
Reduce
Reduce
Reduce
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$26.60$26.60$26.60$63.00
Forecasted Upside25.47% Upside6.39% Upside6.26% Upside16.14% Upside
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JKS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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JKS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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JinkoSolar Stock vs. The Competition

TypeJinkoSolarOils/Energy CompaniesS&P 500
Consensus Rating Score
1.83
2.57
2.51
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside25.47% Upside343.99% Upside9.92% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/30/2024Roth Mkm
1 of 5 stars
 Reiterated RatingNeutral ➝ Neutral$25.00 ➝ $25.00+1.01%
4/11/2024The Goldman Sachs Group
2 of 5 stars
 Lower TargetSell ➝ Sell$26.00 ➝ $23.00-6.66%
3/21/2024Roth Capital
4 of 5 stars
P. Shen
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DowngradeBuy ➝ Neutral
3/21/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$31.00 ➝ $30.00+23.05%
2/5/2024Daiwa Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Neutral$25.00-0.48%
2/5/2024HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Hold$30.00+14.85%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 09:57 AM ET.

JKS Forecast - Frequently Asked Questions

What is JinkoSolar's forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for JinkoSolar is $26.60, with a high forecast of $30.00 and a low forecast of $23.00.

Should I buy or sell JinkoSolar stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for JinkoSolar in the last year. There is currently 1 sell rating and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" JKS shares.

Does JinkoSolar's stock price have much upside?

According to analysts, JinkoSolar's stock has a predicted upside of 6.39% based on their 12-month stock forecasts.

What analysts cover JinkoSolar?

JinkoSolar has been rated by research analysts at Roth Mkm in the past 90 days.

Do Wall Street analysts like JinkoSolar more than its competitors?

Analysts like JinkoSolar less than other "oils/energy" companies. The consensus rating for JinkoSolar is Reduce while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how JKS compares to other companies.


This page (NYSE:JKS) was last updated on 7/22/2024 by MarketBeat.com Staff

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