JinkoSolar's stock fell sharply, crossing below its 5-day SMA, as the company faced significant legal challenges.
The U.S. Patent and Trademark Office denied JinkoSolar's invalidation applications against First Solar's TOPCon technology patents, reinforcing First Solar's market position and putting pressure on JinkoSolar amid ongoing patent infringement lawsuits. This legal setback may hinder JinkoSolar's competitive edge in the solar sector, especially as First Solar solidifies its technological leadership.
The implications of this ruling could be profound for JinkoSolar, as it may struggle to maintain its market share against First Solar's strengthened position. Investors may need to reassess their outlook on JinkoSolar's growth potential in light of these developments.
Wall Street analysts forecast JKS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for JKS is 23.33 USD with a low forecast of 20.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast JKS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for JKS is 23.33 USD with a low forecast of 20.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
2 Hold
2 Sell
Moderate Sell
Current: 25.810
Low
20.00
Averages
23.33
High
25.00
Current: 25.810
Low
20.00
Averages
23.33
High
25.00
Roth Capital
Philip Shen
Neutral
maintain
$17 -> $25
2025-11-20
Reason
Roth Capital
Philip Shen
Price Target
$17 -> $25
AI Analysis
2025-11-20
maintain
Neutral
Reason
Roth Capital analyst Philip Shen raised the firm's price target on JinkoSolar to $25 from $17 but keeps a Neutral rating on the shares. The company delivered a Q2 miss and mixed Q3 , while reiterating its 2025 module shipment guide, though it has also sequentially improved gross margins from (2.5%) in Q1 to 7.3% in Q3 due primarily to lower unit costs, the analyst tells investors in a research note. The firm adds however that it remains on the sidelines given the policy risk from FEOC, Solar 4, and Section 232 potentially weighing on profitability.
Goldman Sachs
Sell
maintain
$18 -> $20
2025-11-19
Reason
Goldman Sachs
Price Target
$18 -> $20
2025-11-19
maintain
Sell
Reason
Goldman Sachs raised the firm's price target on JinkoSolar to $20 from $18 and keeps a Sell rating on the shares. JinkoSolar reported mixed Q2 and Q3 results, and while Q3 gross margins exceeded the firm's expectations, Q4 margins should remain flat quarter over quarter, the analyst tells investors in a research note. Energy storage systems were a bright spot, with full year shipments reiterated at 6GWh and management expects shipments to at least double in 2026, contributing 10%-15% of overall revenue, which is meaningfully above Goldman's prior forecast, the firm says.
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Goldman Sachs
Brian Lee
Strong Sell
Maintains
$20 → $18
2025-03-27
Reason
Goldman Sachs
Brian Lee
Price Target
$20 → $18
2025-03-27
Maintains
Strong Sell
Reason
UBS
Jon Windham
Hold
Maintains
$25 → $22
2025-03-27
Reason
UBS
Jon Windham
Price Target
$25 → $22
2025-03-27
Maintains
Hold
Reason
UBS lowered the firm's price target on JinkoSolar to $22 from $25 and keeps a Neutral rating on the shares. JinkoSolar's Q4 results and 2025 guidance were weaker than expected, mainly driven by the impacts of excess global solar module capacity pressuring average selling prices, the analyst tells investors in a research note. UBS believes profitability has yet to bottom, with JinkoSolar relatively more exposed to global ASP pressure and evolving U.S. trade policy than peers.
About JKS
JinkoSolar Holding Co Ltd is a holding company principally engaged in photovoltaic (PV) industry. The Company builds a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. The Company’s main products comprise silicon wafers, solar cells and solar modules. The Company sells its solar modules under JinkoSolar brand. The Company is also engaged in solar power generation and solar system engineering procurement construction (EPC) services. The Company mainly operates its businesses in the domestic and overseas markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
