JinkoSolar (NYSE:JKS) Releases Earnings Results, Beats Estimates By $0.07 EPS

JinkoSolar (NYSE:JKS) posted its earnings results on Wednesday. The semiconductor company reported ($1.52) earnings per share for the quarter, beating the consensus estimate of ($1.59) by $0.07, Zacks reports. The company had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $2.34 billion. JinkoSolar had a negative net margin of 6.79% and a negative return on equity of 11.10%.

Here are the key takeaways from JinkoSolar’s conference call:

• 13.7 GW module shipments in Q1 with >80% shipped overseas and the company surpassing 400 GW cumulative deliveries; guidance of 14–16 GW for Q2 and 75–85 GW for FY2026 with ~100 GW integrated capacity target by year-end signals scale and growth potential.
• Gross margin improved to 8.3% (from 0.3% in Q4) and gross profit rose ~17x sequentially, with adjusted net loss narrowing to CNY 9.6m; management expects Q2 margins to be stable and further improvement in H2 as high-efficiency Tiger Neo 3.0 ramps.
• ESS momentum—Q1 POD shipments ~1.42 GWh (520 MWh recognized revenue); company expects ESS shipments to more than double in 2026, targeting ~10 GWh with improved profitability by focusing on high-value markets (Europe, U.S.).
• Geopolitical and logistics disruptions have increased shipping costs and delivery pressure, while working capital metrics deteriorated (AR days 128, inventory days 142) and net debt rose to CNY 3.55bn, creating near-term financial and execution risks.

JinkoSolar Stock Performance

Shares of NYSE JKS traded up $1.74 during trading on Thursday, reaching $23.27. 804,493 shares of the company traded hands, compared to its average volume of 680,845. JinkoSolar has a 12-month low of $16.80 and a 12-month high of $31.88. The company has a current ratio of 1.25, a quick ratio of 0.99 and a debt-to-equity ratio of 1.24. The stock has a market cap of $1.20 billion, a P/E ratio of -1.94 and a beta of 0.59. The firm’s fifty day simple moving average is $24.30 and its 200 day simple moving average is $25.64.

JinkoSolar News Summary

Here are the key news stories impacting JinkoSolar this week:

• Positive Sentiment: Q1 EPS narrowly beat expectations — JinkoSolar reported ($1.52) EPS vs. consensus ($1.59), a $0.07 beat that investors often reward even though revenue missed estimates; this beat is a primary near‑term bullish catalyst. JinkoSolar: Q1 Earnings Snapshot
• Positive Sentiment: Positive third‑party visibility — JinkoSolar appears on hedge‑fund “best Chinese stocks” lists, which can attract institutional attention and retail flows. 10 Best Chinese Stocks to Buy According to Hedge Funds
• Neutral Sentiment: Company disclosures and filings posted — JinkoSolar issued its Q1 results press release and filed its 2025 Form 20‑F, increasing transparency but not yet resolving core profitability questions. Investors will dig into the filing for guidance and reserve/asset disclosures. JinkoSolar Announces First Quarter 2026 Financial Results
• Neutral Sentiment: Earnings call materials available — The Q1 earnings call transcript and investor presentation are posted (useful for management commentary on demand, margin outlook, and impairment assumptions); these will shape medium‑term expectations depending on forward guidance. JKS Q1 2026 Earnings Call Transcript
• Negative Sentiment: Active securities‑fraud investor alert highlights past impairment — Law firms (Levi & Korsinsky, Pomerantz) are investigating after the company disclosed a prior GAAP loss driven by a large non‑cash impairment; such probes increase legal risk, potential remediation costs and investor uncertainty. JKS Investor Alert: Securities Fraud Investigation
• Negative Sentiment: Additional law‑firm inquiry coverage — Separate investigator coverage (Pomerantz) reinforces litigation risk narrative tied to the company’s disclosure of a $214.5M GAAP loss in Q4 2025; litigation headlines can cap gains and drive volatility. JinkoSolar 2026 Q1 Results & Presentation

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Wall Street Zen lowered JinkoSolar from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. UBS Group dropped their price target on JinkoSolar from $25.00 to $23.00 and set a “neutral” rating for the company in a research note on Wednesday. Zacks Research downgraded JinkoSolar from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Freedom Capital upgraded JinkoSolar from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Finally, Daiwa Securities Group upgraded shares of JinkoSolar from a “sell” rating to a “buy” rating and set a $28.50 target price on the stock in a report on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, JinkoSolar currently has a consensus rating of “Hold” and a consensus target price of $24.13.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Invesco Ltd. boosted its position in JinkoSolar by 15.4% in the 4th quarter. Invesco Ltd. now owns 1,604,250 shares of the semiconductor company’s stock worth $41,406,000 after purchasing an additional 213,935 shares in the last quarter. Mackenzie Financial Corp increased its holdings in shares of JinkoSolar by 1.5% during the 4th quarter. Mackenzie Financial Corp now owns 1,381,478 shares of the semiconductor company’s stock valued at $36,289,000 after purchasing an additional 20,000 shares in the last quarter. Progeny 3 Inc. increased its holdings in shares of JinkoSolar by 22.2% during the 4th quarter. Progeny 3 Inc. now owns 119,000 shares of the semiconductor company’s stock valued at $3,071,000 after purchasing an additional 21,600 shares in the last quarter. Man Group plc lifted its stake in shares of JinkoSolar by 359.0% in the 4th quarter. Man Group plc now owns 62,884 shares of the semiconductor company’s stock valued at $1,623,000 after purchasing an additional 49,184 shares during the period. Finally, Trexquant Investment LP boosted its holdings in JinkoSolar by 2.1% during the fourth quarter. Trexquant Investment LP now owns 42,378 shares of the semiconductor company’s stock worth $1,094,000 after buying an additional 889 shares in the last quarter. 35.82% of the stock is owned by institutional investors and hedge funds.

About JinkoSolar

JinkoSolar Holding Co, Ltd. (NYSE: JKS) is a vertically integrated solar photovoltaic (PV) manufacturer headquartered in Shanghai, China. The company specializes in the design, development and production of high-performance solar modules, silicon wafers, solar cells and related components. Since its founding in 2006, JinkoSolar has become one of the world’s largest solar module suppliers, known for delivering reliable products to utility, commercial and residential customers.

JinkoSolar’s product portfolio encompasses a broad range of monocrystalline and polycrystalline PV modules, including half-cell, bifacial and high-efficiency Tiger module series.