Pacific Securities keeps Buy rating on LONGi stock after first-half losses

Published on 10/16/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue fell 17.58 percent to CNY 27.045 billion. The CNY 82.3 billion market value frames LONGi stock on October 16, 2026.

Storage and valuation context

Pacific Securities kept a Buy rating on September 19, 2026.
LONGi reported CNY 27.045 billion revenue and a CNY 3.684 billion loss for the first half of 2026.
LONGi had a CNY 82.3 billion market value on October 16, 2026.

LONGi, CNE100001FR6, Illustration mit AI erstellt.

Pacific Securities kept a Buy rating on LONGi stock in a September 19, 2026 research note, even as LONGi Green Energy Technology (ISIN CNE100001FR6) reported a CNY 3.684 billion net loss attributable to shareholders for the first half of 2026, according to Futunn. LONGi was last at CNY 10.89 on the Shanghai Stock Exchange on October 16, 2026 at 3:00 p.m. CST.

Three dated business signals

On September 1, 2026, SolarQuarter reported that LONGi generated CNY 27.045 billion in revenue during the first half of 2026 and lifted BC module sales 125 percent year over year to 19.55 GW. On September 19, 2026, Futunn said cumulative energy-storage orders exceeded 3 GWh in the first half of the year. On October 6, 2026, Finam cut its target for LONGi from CNY 17.90 to CNY 14.02 while retaining a Buy rating.

What does the target imply?

Finam's CNY 14.02 target stood 28.74 percent above the CNY 10.89 Shanghai price on October 16, 2026. The target reduction reflects the slower return to profitability after second-quarter losses, while the storage order pipeline and BC shipment growth provide a separate operating counterweight.

Stock valuation in China

LONGi's market value was CNY 82.3 billion on October 16, 2026. The same quotation showed a 52-week range of CNY 10.53 to CNY 23.57, leaving the stock near the lower end of that span. The combination of a large first-half loss and faster BC shipments makes margin recovery the central issue for the valuation.