JinkoSolar stock reports a 31.3 percent revenue decline

Published on 10/04/2026 at 23:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JinkoSolar stock was last at USD 9.15 on October 2, 2026, near its USD 9.07 52-week low. Analysts gave it a Hold consensus and a USD 19.88 average target.

JKS, US47759T1007, Illustration mit AI erstellt.

JinkoSolar (ISIN US47759T1007) reported Q2 2026 revenue of USD 1.82 billion, down 31.3 percent year over year, while its stock was last at USD 9.15 on October 2, 2026. The result put earnings quality and the company's shift toward strategic investments at the center of the JKS story.

According to The Globe and Mail in its Q2 earnings-call transcript dated August 26, 2026, JinkoSolar reported an adjusted EPS loss of USD 2.53 against a consensus loss of USD 0.75. The USD 1.78 shortfall shows why the stock remains highly sensitive to module pricing, shipment quality and operating costs.

Margins remain under pressure

JinkoSolar's Q2 gross margin was 4.2 percent, compared with 8.3 percent in Q1 2026 and 2.9 percent in Q2 2025, according to The Globe and Mail. Module shipments reached 15,961 megawatts, up 16.7 percent from the prior quarter but down 34.4 percent from Q2 2025.

Management cut full-year 2026 module shipment guidance to 60 gigawatts to 70 gigawatts and set Q3 guidance at 15 gigawatts to 17 gigawatts, the transcript shows. The trade-off is explicit: JinkoSolar is prioritizing profitability and cash flow over shipment scale while industry supply and demand remain difficult.

Strategic shift adds a second engine

JinkoSolar is also seeking shareholder approval for a proposed English name change to Jinko Holdings Limited. The company said in a release carried by PR Newswire on September 9, 2026, that its portfolio includes investments in artificial intelligence, advanced materials, commercial space and other frontier technologies.

The investment portfolio had a fair value of RMB 1.99 billion as of June 30, 2026, according to The Globe and Mail. That figure gives investors a second valuation driver, but it sits alongside a solar business facing falling revenue and negative earnings.

Analysts see upside from low levels

MarketBeat reported on October 4, 2026, that eight analysts hold a consensus rating of Hold, with three Sell ratings, three Hold ratings, one Buy rating and one Strong Buy rating. The average twelve-month target is USD 19.88, while Roth Capital cut its target from USD 25.00 to USD 16.00 on August 27, 2026.

At USD 9.15, the average target lies 117.27 percent above the stock price. The market is therefore weighing a wide gap between analyst valuation and the company's current losses.

JKS sits near its yearly low

JKS was last at USD 9.15 on the NYSE on October 2, 2026 at 4:00 p.m. ET, down 1.51 percent from USD 9.29. The price stood USD 0.08 above the USD 9.07 52-week low and USD 22.73 below the USD 31.88 52-week high.