LONGi stock: Finam's CNY 14.02 target leaves LONGi stock 22.33 percent below it

Finam's October 6, 2026 note cut its target for LONGi from CNY 17.90 to CNY 14.02, leaving the stock 22.33 percent below that target. The target reduction followed weak second-quarter results and a slower return to profitability, according to Finmarket. LONGi stock last stood at CNY 10.89 on the Shanghai Stock Exchange on October 16, 2026 at 3:00 p.m. CST, up 1.11 percent from the CNY 10.77 prior close.

First-half results set the baseline

LONGi reported operating revenue of CNY 27.045 billion in the first half of 2026, down 17.58 percent from the same period a year earlier. The company also posted a CNY 3.684 billion net loss attributable to its parent, while adjusted net loss attributable to the parent reached CNY 4.032 billion, according to Troy Technical.

Price position and trading activity

The Shanghai-listed stock sat 3.42 percent above its 52-week low of CNY 10.53 and 53.80 percent below its 52-week high of CNY 23.57 on October 16, 2026. Trading volume reached 103,207,068 shares, compared with an average volume of 86,149,464 shares.

LONGi's market capitalization was CNY 82.3 billion on October 16, 2026. Its price-to-earnings ratio was minus 11.00, reflecting the loss position in the latest market snapshot. The combination of a negative earnings multiple and the analyst target cut keeps profitability the central valuation reference.

Energy storage adds a second track

On October 9, 2026, LONGi inaugurated its PotisEdge energy-storage manufacturing base in Suzhou, according to EnergyTrend. The utility-scale integration line is scheduled to reach annual capacity of 31 GWh in October 2026 and 50 GWh in the first half of 2027. The commercial and industrial line is expected to exceed 10,000 units of annual output by the end of October.

Comparison with peers

LONGi: plus 1.11 percent, P/E minus 11.00, market capitalization CNY 82.3 billion.

Jinko Solar (Shanghai, CNY): plus 1.10 percent, P/E minus 8.27, market capitalization CNY 37.5 billion.

Trina Solar (Shanghai, CNY): plus 0.77 percent, P/E minus 5.20, market capitalization CNY 24.4 billion.

What the valuation leaves investors watching

LONGi's CNY 14.02 target remains 22.33 percent above the October 16, 2026 stock price, while the latest half-year loss shows why the target depends on an earnings recovery. The storage expansion provides a separate operating measure, but the share-price frame remains defined by the gap to the 52-week range.

Market context: Market report Shanghai Composite.

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