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JinkoSolar shows deep value with a 20% price increase since July, despite an expected Q3 decline; Q4 and FY25 forecast strong growth and a 25%+ 12-month return. Q2 saw a 21.6% year-over-year revenue drop and a net loss, but JinkoSolar remains the largest photovoltaic module provider, poised for future stabilization. Valuation metrics indicate JinkoSolar is undervalued; growth catalysts include N-type TOPCon technology and international expansion, predicting a $32.45 stock price by late 2025.
Shares of JinkoSolar Holding Co Ltd (JKS, Financial) surged 1.78% in mid-day trading on Oct 2. The stock reached an intraday high of $26.90, before settling at $25.99, up from its previous close of $25.53.
JinkoSolar Holding Co., Ltd. is a global leader in solar tech but struggles with profitability and stock performance, heavily reliant on government policies and market pressures. Despite a low valuation and high dividend yield, JinkoSolar's declining earnings and financial challenges make it a risky investment, especially with the upcoming U.S. election. JinkoSolar's strong production capacity and technological advancements are notable, but the solar industry's dependence on subsidies and policies creates uncertainty.
SHANGRAO, China, Sept. 24, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd.
SHANGRAO, China , Sept. 9, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd.
JACKSONVILLE, Fla. , Sept. 3, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd.
PCE Numbers Comes in Line With Expectations.
Those looking for a 50-bps cut are not likely to find it from this morning's July PCE data.
The U.S. added a record-breaking 32.4 gigawatts of solar electric generating capacity in 2023, evidence of the continued growth of the renewable energy industry thanks to strong customer demand, supportive government policies, and rapid advances in solar technology. A long-term shift in the energy sector toward decarbonization through green energy sources is well underway and likely to continue for years to come.
SHANGRAO, China , Aug. 30, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its unaudited financial results for the second quarter ended June 30, 2024.