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Best Solar Stocks to Buy Now (2025)

Top solar stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best solar stocks to buy now. Learn More.

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best solar energy stocks to buy right now are:

Enphase Energy (NASDAQ:ENPH) is the #1 top solar stock out of 24 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Enphase Energy (NASDAQ:ENPH) is: Value: C, Growth: B, Momentum: F, Sentiment: C, Safety: C, Financials: B, and AI: B.

Enphase Energy (NASDAQ:ENPH) has a Due Diligence Score of 37, which is 13 points higher than the solar industry average of 24.

ENPH passed 12 out of 33 due diligence checks and has average fundamentals. Enphase Energy has seen its stock lose -42.92% over the past year, overperforming other solar stocks by 20 percentage points.

Enphase Energy has an average 1 year price target of $83.82, an upside of 34.52% from Enphase Energy's current stock price of $62.31.

Enphase Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 24 analysts covering Enphase Energy, 20.83% have issued a Strong Buy rating, 25% have issued a Buy, 41.67% have issued a hold, while 8.33% have issued a Sell rating, and 4.17% have issued a Strong Sell.

Nextracker (NASDAQ:NXT) is the #2 top solar stock out of 24 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Nextracker (NASDAQ:NXT) is: Value: B, Growth: D, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: C.

Nextracker (NASDAQ:NXT) has a Due Diligence Score of 38, which is 14 points higher than the solar industry average of 24.

NXT passed 12 out of 33 due diligence checks and has average fundamentals. Nextracker has seen its stock lose -21.47% over the past year, overperforming other solar stocks by 41 percentage points.

Nextracker has an average 1 year price target of $55.65, an upside of 23.19% from Nextracker's current stock price of $45.17.

Nextracker stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Nextracker, 64.71% have issued a Strong Buy rating, 17.65% have issued a Buy, 17.65% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Array Technologies (NASDAQ:ARRY) is the #3 top solar stock out of 24 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Array Technologies (NASDAQ:ARRY) is: Value: C, Growth: B, Momentum: D, Sentiment: D, Safety: C, Financials: C, and AI: C.

Array Technologies (NASDAQ:ARRY) has a Due Diligence Score of 13, which is -11 points lower than the solar industry average of 24.

ARRY passed 4 out of 33 due diligence checks and has weak fundamentals. Array Technologies has seen its stock lose -51.46% over the past year, overperforming other solar stocks by 11 percentage points.

Array Technologies has an average 1 year price target of $8.93, an upside of 49.13% from Array Technologies's current stock price of $5.99.

Array Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Array Technologies, 40% have issued a Strong Buy rating, 6.67% have issued a Buy, 53.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 1 solar stocks that have issued dividends in the past year, the 1 solar stocks with the highest dividend yields are:

Jinkosolar Holding Co (NYSE:JKS) has an annual dividend yield of 6.31%, which is the same as the solar industry average of 6.31%.

Jinkosolar Holding Co's dividend payout ratio of 206.2% indicates that its high dividend yield might not be sustainable for the long-term.

Solar stocks were up 1.69% in the last day, and up 1.45% over the last week.

We couldn't find a catalyst for why solar stocks are up.

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued solar stocks right now are:

First Solar (NASDAQ:FSLR) is the most undervalued solar stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

First Solar has a valuation score of 57, which is 36 points higher than the solar industry average of 21. It passed 4 out of 7 valuation due diligence checks.

First Solar's stock has dropped -12.3% in the past year. It has overperformed other stocks in the solar industry by 50 percentage points.

Nextracker (NASDAQ:NXT) is the second most undervalued solar stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Nextracker has a valuation score of 29, which is 8 points higher than the solar industry average of 21. It passed 2 out of 7 valuation due diligence checks.

Nextracker's stock has dropped -21.47% in the past year. It has overperformed other stocks in the solar industry by 41 percentage points.

Shoals Technologies Group (NASDAQ:SHLS) is the third most undervalued solar stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Shoals Technologies Group has a valuation score of 43, which is 22 points higher than the solar industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Shoals Technologies Group's stock has dropped -71.21% in the past year. It has underperformed other stocks in the solar industry by -9 percentage points.

43.75% of solar stocks rated by analysts are a buy right now. On average, analysts expect solar stocks to rise by 71.22% over the next year.

0% of solar stocks have a Zen Rating of A (Strong Buy), 0% of solar stocks are rated B (Buy), 37.5% are rated C (Hold), 43.75% are rated D (Sell), and 18.75% are rated F (Strong Sell).