Finam cuts target for LONGi stock to CNY 14.02
Published on 10/13/2026 at 13:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Finam reduced its LONGi target from CNY 17.90 to CNY 14.02 on October 6, 2026, while retaining a Buy rating.
- LONGi's next earnings report is scheduled for October 29, 2026.
- LONGi stock was last at CNY 11.06 on October 13, 2026 at 3:00 p.m. CST, down 0.54 percent on the day on the Shanghai Stock Exchange.
- LONGi had a market capitalization of CNY 83.6 billion and a price to earnings ratio of minus 11.17 on October 13, 2026.
Finam cut its target for LONGi stock from CNY 17.90 to CNY 14.02 on October 6, 2026, while retaining a Buy rating, according to Profinansy. The revised target implies 26.81 percent upside from the CNY 11.06 share price. LONGi was last at CNY 11.06 on the Shanghai Stock Exchange on October 13, 2026 at 3:00 p.m. CST, down 0.54 percent from CNY 11.12.
Results date set for October 29
LONGi's next earnings report is scheduled for October 29, 2026, according to TradingView. The date gives investors a defined checkpoint after the company's first-half loss and keeps the next quarterly update within the current reporting cycle.
Revenue fell in the first half
LONGi reported operating revenue of CNY 27.045 billion for the first half of 2026, down 17.58 percent from the year-earlier period, according to Troy Technical. The same report identifies the interim disclosure as dated August 31, 2026, making the October earnings date the next scheduled fundamental checkpoint.
Stock remains above its yearly low
The Shanghai-listed share moved between a 52-week low of CNY 10.75 and a high of CNY 23.57 on October 13, 2026. Its latest price stood 2.88 percent above the low and 53.08 percent below the high, leaving the yearly range heavily weighted toward the upper end.
LONGi's market capitalization was CNY 83.6 billion on October 13, 2026, while its price to earnings ratio was minus 11.17. The negative ratio reflects the loss-making earnings base rather than a conventional positive earnings valuation.
Comparison with peers
LONGi: minus 0.54 percent, price to earnings ratio minus 11.17, market capitalization CNY 83.6 billion
Jinko Solar (Shanghai Stock Exchange, CNY): minus 1.57 percent, price to earnings ratio minus 8.50, market capitalization CNY 38.6 billion
Trina Solar (Shanghai Stock Exchange, CNY): minus 1.27 percent, price to earnings ratio minus 5.43, market capitalization CNY 25.5 billion
Target reset frames the next report
Finam's move from CNY 17.90 to CNY 14.02 leaves the revised target 26.81 percent above the latest price. The combination of a lower target, negative earnings and an upcoming October 29 report gives the stock a clear set of dated reference points for the next market update.
LONGi stock data
- Company: LONGi Green Energy Technology Co., Ltd.
- ISIN: CNE100001FR6
- Ticker: 601012
- Primary exchange: Shanghai Stock Exchange
- Price on Shanghai Stock Exchange (as of October 13, 2026, 3:00 p.m. CST): CNY 11.06
- Change versus prior close: minus 0.54 percent
- Prior close (October 12, 2026): CNY 11.12
- Market capitalization: CNY 83.6 billion (as of October 13, 2026)
- 52-week range: CNY 10.75-CNY 23.57 (as of October 13, 2026)
- Sector / Industry: Information technology / semiconductors and semiconductor equipment
Market context: Market report Shanghai Composite.
