Both Canadian Solar and JinkoSolar are facing significant challenges due to industry overcapacity, leading to lower solar panel prices and squeezed profit margins. Stock prices and valuations in the solar industry have reached multi-year lows, suggesting undervaluation and creating opportunities for those that are willing to dig deeper. Despite current challenges, the long-term outlook for solar energy is positive, driven by the global energy transition and decreasing costs.
JinkoSolar Holding Co., Ltd. (NYSE:JKS ) Q4 2024 Earnings Conference Call March 26, 2025 8:00 AM ET Company Participants Stella Wang - Investor Relations Li Xiande - Chairman and Chief Executive Officer Gener Miao - Chief Marketing Officer Pan Li - Chief Financial Officer Charlie Cao - Chief Financial Officer Conference Call Participants Tyler Bisset - Goldman Sachs Philip Shen - Roth Capital Alan Lau - Jefferies Rajiv Chaudhri - Sunsara Capital Operator Hello, ladies and gentlemen, and thank you for standing by for JinkoSolar Holding Co. Limited's Fourth Quarter 2024 Earnings Conference Call.
Solar panel maker First Solar forecast higher current-year sales, and posted a rise in fourth-quarter profit on Tuesday, and said it has initiated legal action against JinkoSolar for patent infringement.
JinkoSolar (JKS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
JinkoSolar is rated a buy due to its strong operational efficiency and resilience amid 2024's solar market headwinds, particularly in Europe. Despite a 70% decline in module prices, JinkoSolar maintained a 60% overseas shipment rate, showcasing its robust market leadership and efficient production. Significant R&D investments and strategic partnerships, including a $1 billion deal with Saudi Arabia, bolster JinkoSolar's market position and future growth potential.
China's Jinko Solar said on Friday it expects to record a 98.4% to 98.9% decrease in its full-year 2024 net income.
JKS continues with its research and development activities and has produced N-type TOPCon-based perovskite tandem solar cells with the largest conversion efficiency.
JinkoSolar (JKS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
VMEO, JKS, PAYO, TRUP and VRN have been added to the Zacks Rank #1 (Strong Buy) List on December 31, 2024.
VRN, NWBI and JKS made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 31, 2024.
Start Time: 08:30 January 1, 0000 9:06 AM ET JinkoSolar Holding Co., Ltd. (NYSE:JKS ) Q3 2024 Earnings Conference Call October 30, 2024, 08:30 AM ET Company Participants Li Xiande - Chairman and CEO Gener Miao - CMO Pan Li - CFO Charlie Cao - CFO Stella Wang - IR Conference Call Participants Philip Shen - ROTH Capital Partners Rajiv Chaudhri - Sunsara Capital Brian Lee - Goldman Sachs Muhammad Ahmad - Emirates Development Bank Operator Hello, ladies and gentlemen, and thank you for standing by for JinkoSolar Holding Co., Ltd.
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.