According to Zen Score, the 3 best renewable stocks to buy right now are:
1. Enlight Renewable Energy (NASDAQ:ENLT)
Enlight Renewable Energy (NASDAQ:ENLT) is the top renewable energy stock with a Zen Score of 51, which is 22 points higher than the renewable energy industry average of 29. It passed 17 out of 33 due diligence checks and has strong fundamentals. Enlight Renewable Energy has seen its stock lose -1.13% over the past year, underperforming other renewable energy stocks by -4 percentage points.
Enlight Renewable Energy has an average 1 year
price target of $18.50, an upside of 17.39% from Enlight Renewable Energy's current stock price of $15.76.
Enlight Renewable Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Enlight Renewable Energy, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Nextera Energy Partners (NYSE:NEP)
Nextera Energy Partners (NYSE:NEP) is the second best renewable energy stock with a Zen Score of 48, which is 19 points higher than the renewable energy industry average of 29. It passed 17 out of 38 due diligence checks and has strong fundamentals. Nextera Energy Partners has seen its stock lose -48.28% over the past year, underperforming other renewable energy stocks by -52 percentage points.
Nextera Energy Partners has an average 1 year
price target of $33.07, an upside of 14.31% from Nextera Energy Partners's current stock price of $28.93.
Nextera Energy Partners stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Nextera Energy Partners, 28.57% have issued a Strong Buy rating, 28.57% have issued a Buy, 28.57% have issued a hold, while 14.29% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Renew Energy Global (NASDAQ:RNW)
Renew Energy Global (NASDAQ:RNW) is the third best renewable energy stock with a Zen Score of 46, which is 17 points higher than the renewable energy industry average of 29. It passed 15 out of 33 due diligence checks and has strong fundamentals. Renew Energy Global has seen its stock return 11.54% over the past year, overperforming other renewable energy stocks by 8 percentage points.
Renew Energy Global has an average 1 year
price target of $8.67, an upside of 57.3% from Renew Energy Global's current stock price of $5.51.
Renew Energy Global stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Renew Energy Global, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.