JinkoSolar stock gets a new CEO after a Q2 loss
Published on 10/05/2026 at 10:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
JinkoSolar stock (ISIN US47759T1007) was last at USD 9.15 on the NYSE on October 2, 2026 at 4:00 p.m. ET, down 1.51 percent from the prior close. The Globe and Mail reported that Wei Du was appointed CEO, putting operational execution and capital allocation at the center of the next phase. The leadership change comes as the solar manufacturer works through falling revenue and thin margins.
Q2 revenue fell 31 percent
JinkoSolar generated USD 1.82 billion in Q2 2026 revenue, down 31 percent year over year and up 0.9 percent sequentially, according to The Globe and Mail in its August 26, 2026 earnings-call transcript. Module shipments reached 15,961 megawatts, down 34.4 percent from Q2 2025 but up 16.7 percent from Q1 2026.
MarketBeat reported a Q2 loss of USD 2.53 per share, compared with a consensus loss estimate of USD 0.75 per share. Revenue also came in below the USD 2.17 billion consensus estimate, leaving the earnings shortfall as a central pressure point for management.
Margins remain the pressure point
Gross margin was 4.2 percent in Q2 2026, compared with 8.3 percent in Q1 2026 and 2.9 percent in Q2 2025, according to The Globe and Mail. The company attributed the sequential pressure to lower solar-module selling prices and the cost of ramping newer high-efficiency products.
Operating loss margin reached 11.6 percent, versus 4.8 percent in Q1 2026. Management also reduced full-year module shipment guidance to 60 gigawatts to 70 gigawatts, prioritizing profitability, cash flow and order quality over shipment scale.
Analysts see a wide valuation gap
MarketBeat reported a Hold consensus from eight research firms, comprising three Sell ratings, three Hold ratings, one Buy rating and one Strong Buy rating. The average 12-month price target is USD 19.88, which lies 117.3 percent above the October 2 price of USD 9.15.
The individual views remain divided. Roth Capital cut its target from USD 25.00 to USD 16.00 and assigned a Neutral rating on August 27, 2026, while Goldman Sachs set a USD 11.00 target on the same date, according to MarketBeat.
October meeting sets next checkpoint
JinkoSolar shareholders are scheduled to vote on October 21, 2026, on the proposed change of the company English name to Jinko Holdings Limited. The company said on September 9, 2026, that its American depositary shares are expected to continue trading on the NYSE under JKS after regulatory approval, according to the JinkoSolar release. The proposed structure combines the controlling solar business with strategic investments in artificial intelligence, advanced materials and other emerging technologies.
JinkoSolar stock stays near its yearly low
JinkoSolar stock was last at USD 9.15 on the NYSE on October 2, 2026 at 4:00 p.m. ET, with a session range of USD 9.08 to USD 9.44. Its 52-week range was USD 9.07 to USD 31.88, placing the last price 71.3 percent below the yearly high.
JinkoSolar stock details
- Company: JinkoSolar Holding Co., Ltd.
- ISIN: US47759T1007
- Ticker: JKS
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 9.15
- 52-week range: USD 9.07-31.88 (as of October 2, 2026)
- Sector / Industry: Renewable Energy Equipment and Services
Upcoming dates for JinkoSolar stock
- October 21, 2026: Annual general meeting and vote on the proposed name change
