Should I Buy JKS? JKS 2026 Analysis

Should You Buy JinkoSolar Holding Co Ltd (JKS) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Sell

Latest Price

25.450

1 Day change

-1.39%

52 Week Range

31.880

Analysis Updated At

2026/01/29

Not a good buy right now. Price action is bearish (down hard into/near support with a worsening MACD), fundamentals are deteriorating sharply (Q3 loss and steep YoY declines), and Wall Street remains cautious (one Sell, one Neutral with policy-risk overhang). Despite relatively bullish options positioning and hedge fund buying, the near-term setup favors more downside/volatility rather than an impatient entry.

Technical Analysis

Trend is bearish near-term: the stock closed at 26.32 (-5.35% regular session) and is below the pivot (27.19), indicating weakness. MACD histogram (-0.229) is below zero and negatively expanding, signaling downside momentum is strengthening. RSI(6) at ~34 is close to oversold but still not showing a clear reversal signal. Key levels: support S1 ~24.94 then S2 ~23.56; resistance at pivot 27.19 then R1 ~29.44. With converging moving averages and negative momentum, this looks more like a drifting/weak tape than a clean rebound setup. Pattern-based forecast also leans negative over 1 week to 1 month.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Sentiment skew is moderately bullish (puts < calls on both open interest and volume), suggesting traders are not aggressively hedging for a crash. However, implied volatility is very high (30D IV ~79.5; IV percentile ~83), signaling the market expects large moves and elevated risk. Volume is slightly above average (~105% of 30D avg), but not showing a decisive risk-on surge.

Technical Summary

Sell

Buy

Positive Catalysts

Options positioning (low put/call ratios) is mildly supportive.

Neutral/Negative Catalysts

Latest reported quarter shows sharp YoY deterioration (revenue down ~34%, swing to a large net loss, EPS deeply negative). Policy/regulatory risk cited by analysts (FEOC/Solar 4/Section
could keep profitability pressured. News provided appears unrelated to JKS, implying no clear near-term event-driven upside catalyst from the dataset.

Financial Performance

2025/Q3: Revenue fell to 16,158,497,000 (-34.07% YoY). Net income dropped to -749,786,000 (-3427.65% YoY), and EPS was -3.58 (-3354.55% YoY). Gross margin was 7.31% (-53.53% YoY). Overall: steep contraction and losses dominate the latest quarter despite some sequential margin improvement mentioned by analysts—growth trend is negative.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent changes are mixed but not bullish overall. Roth Capital (2025-11-20) raised PT to $25 from $17 but kept Neutral, citing improved sequential margins but staying sidelined due to policy risk. Goldman Sachs (2025-11-19) raised PT to $20 from $18 but maintained Sell, expecting flat margins and highlighting uncertainty (while acknowledging storage strength). Wall Street pros: sequential margin improvements and storage growth. Cons: profitability/policy risk and weak/volatile 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 USD and a high forecast of 25 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

Averages

23.33

High

Current: 25.810

Low

Averages

23.33

High

Roth Capital

Philip Shen

Neutral

maintain

$17 -> $25

AI Analysis

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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JKS Should I Buy

JKS Should I Buy

Should You Buy JinkoSolar Holding Co Ltd (JKS) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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