Finam cuts target for LONGi stock to CNY 14.02

Published on 10/19/2026 at 09:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BC module sales reached 19.55 GW in the first half of 2026, up 125.00 percent year over year. For LONGi stock, the first-half loss was CNY 3.68 billion.

Losses and shipment scale

Finam cut its LONGi target from CNY 17.90 to CNY 14.02 on October 6, 2026.
LONGi reported a CNY 3.68 billion attributable loss for the first half of 2026.
LONGi stock was last at CNY 11.07 on October 19, 2026 at 2:46 p.m. CST on the Shanghai Stock Exchange.

LONGi, CNE100001FR6, Illustration mit AI erstellt.

Finam cut its target for LONGi stock from CNY 17.90 to CNY 14.02 on October 6, 2026, while keeping a Buy rating, according to Finmarket. The reduction followed LONGi's weak second-quarter performance and pressure from silver prices and solar-panel overcapacity.

BC shipments change the mix

LONGi reported operating revenue of CNY 27.05 billion for the first half of 2026, down 17.58 percent year over year, while net loss attributable to shareholders reached CNY 3.68 billion. The figures came from coverage of the interim report by SolarQuarter.

The operating mix offered a counterweight to the loss. BC module sales reached 19.55 GW in the first half, up 125.00 percent year over year, and represented more than 65.00 percent of module shipments, according to the same report. Total module shipments reached 29.93 GW, while wafer shipments stood at 48.91 GW.

What supports the recovery case?

Pacific Securities said BC products secured more than 10.00 GW of domestic centralized-procurement volume during the first half and reported cumulative energy-storage orders above 3.00 GWh, according to Futubull. The same analysis projects a CNY 5.56 billion net loss for 2026 before a return to profit in 2027, showing why technology mix and cost control matter more than shipment growth alone.

Three dated company milestones

On September 24, 2026, LONGi unveiled a HIBC solar cell with certified conversion efficiency of 28.29 percent, according to Now Solar. On October 6, 2026, Finam lowered its target to CNY 14.02. On October 19, 2026, SolarQuarter highlighted first-half BC sales of 19.55 GW and their 125.00 percent annual increase.

What comes next?

TradingView lists October 31, 2026 as the next earnings report date for LONGi Green Energy Technology. That release should show whether the stronger BC mix is translating into narrower losses.

Stock valuation and trading

LONGi's market capitalization was CNY 83.7 billion on October 19, 2026, with a 52-week range of CNY 10.53 to CNY 23.57. The stock was last at CNY 11.07 on the Shanghai Stock Exchange on October 19, 2026 at 2:46 p.m. CST.