JinkoSolar (NYSE:JKS) Announces Earnings Results

JinkoSolar (NYSE:JKS) announced its quarterly earnings data on Wednesday. The semiconductor company reported ($1.52) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.59) by $0.07, Zacks reports. The firm had revenue of $1.78 billion for 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 Up 8.1%

Shares of NYSE:JKS traded up $1.74 during midday trading on Thursday, reaching $23.27. 804,493 shares of the company were exchanged, compared to its average volume of 680,845. JinkoSolar has a fifty-two week low of $16.80 and a fifty-two week high of $31.88. The company has a quick ratio of 0.99, a current ratio of 1.25 and a debt-to-equity ratio of 1.24. The stock has a fifty day simple moving average of $24.30 and a two-hundred day simple moving average of $25.64. The firm has a market cap of $1.20 billion, a PE ratio of -1.94 and a beta of 0.59.

Institutional Investors Weigh In On JinkoSolar

A number of hedge funds and other institutional investors have recently made changes to their positions in JKS. Invesco Ltd. raised its holdings in shares of JinkoSolar by 15.4% during the fourth quarter. Invesco Ltd. now owns 1,604,250 shares of the semiconductor company’s stock worth $41,406,000 after acquiring an additional 213,935 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of JinkoSolar by 35.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 414,228 shares of the semiconductor company’s stock worth $10,691,000 after acquiring an additional 108,744 shares during the period. Progeny 3 Inc. acquired a new stake in shares of JinkoSolar during the third quarter worth $2,341,000. Jump Financial LLC acquired a new position in JinkoSolar during the fourth quarter worth $2,160,000. Finally, Millennium Management LLC acquired a new position in JinkoSolar during the third quarter worth $1,765,000. 35.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

JKS has been the topic of several analyst reports. 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. UBS Group cut their target price on shares of JinkoSolar from $25.00 to $23.00 and set a “neutral” rating on the stock in a report on Wednesday. Freedom Capital upgraded shares of JinkoSolar from a “hold” rating to a “strong-buy” rating in a report on Friday, April 17th. Zacks Research lowered shares of JinkoSolar from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 11th. Finally, Weiss Ratings upgraded shares of JinkoSolar from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $24.13.

JinkoSolar News Roundup

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

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.