JinkoSolar Announces Fourth Quarter and Full Year 2023 Financial Results

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Roth/MKM Downgrades JinkoSolar Holding Co., Ltd. (JKS) to Neutral ' Until Profitability Outlook Improves'

March 21, 2024 9:00 AM EDT

Roth/MKM analyst Philip Shen downgraded JinkoSolar Holding Co., Ltd. (NYSE: JKS) from Buy to Neutral with a price target of $25.00 (from $50.00).

The analyst comments "We are downgrading JKS to Neutral until the company's profitability outlook improves. The stock closed down... More

JinkoSolar Holding Co., Ltd. (JKS) PT Lowered to $26 at Goldman Sachs

March 21, 2024 4:46 AM EDT

Goldman Sachs analyst Brian Lee lowered the price target on JinkoSolar Holding Co., Ltd. (NYSE: JKS) to $26.00 (from $30.00) while maintaining a Sell rating.

The analyst comments "JKS reported mixed 4Q23 results with revenues above estimates but gross margins and EPADS below GSe and... More

JinkoSolar Holding Co., Ltd. (JKS) PT Lowered to $30 at UBS

March 20, 2024 3:19 PM EDT

UBS analyst Jon Windham lowered the price target on JinkoSolar Holding Co., Ltd. (NYSE: JKS) to $30.00 (from $31.00) while maintaining a Neutral rating.

The analyst comments "JKS 4Q23 profitability was below expectations driven by more severe ASP pressure stemming from oversupply conditions in... More

JinkoSolar Holding Co., Ltd. (JKS) PT Lowered to $48.29 at Jefferies

March 20, 2024 12:48 PM EDT

Jefferies analyst Johnson Wan lowered the price target on JinkoSolar Holding Co., Ltd. (NYSE: JKS) to $48.29 (from $48.42) while maintaining a Buy rating.

The analyst comments "JKS reported 4Q23 adj. NP of US$65.2m, below A-shr preview, but we see this as resilient... More

JinkoSolar (JKS) Tops Q4 EPS by 94c, Beats on Revenue; Offers Guidance

March 20, 2024 5:46 AM EDT

JinkoSolar (NYSE: JKS) reported Q4 EPS of RMB18.46, RMB0.94 better than the analyst estimate of RMB17.52. Revenue for the quarter came in at RMB32.83 billion versus the consensus estimate of RMB30.32 billion.

First Quarter and Full Year 2024 Guidance

The Company\'s... More