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.

Industry: Solar
F
Solar is Zen Rated F and is the 134th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Exchange
Industry
Zen Rating
Market Cap
Price
1d %
EBITDA
P/E
D/E
Country
DD Score
ARRY
ARRAY TECHNOLOGIES INC
NASDAQ
Solar
$804.15M$5.290.00%-$177.53M-2.71x-9.63
United States
NXT
NEXTRACKER INC
NASDAQ
Solar
$6.27B$43.07-0.30%$766.51M9.26x1.11
United States
PN
SKYCORP SOLAR GROUP LTD
NASDAQ
Solar
N/A$2.41-0.82%$1.26M120.50x0.80
China
ENPH
ENPHASE ENERGY INC
NASDAQ
Solar
$6.26B$47.712.67%$268.47M42.98x2.83
United States
FSLR
FIRST SOLAR INC
NASDAQ
Solar
$14.72B$137.24-2.48%$1.87B11.62x0.48
United States
SHLS
SHOALS TECHNOLOGIES GROUP INC
NASDAQ
Solar
$632.91M$3.791.61%$64.32M27.07x0.42
United States
SPWR
COMPLETE SOLARIA INC
NASDAQ
Solar
$147.53M$2.00-2.44%-$115.69M0.26x-1.76
Cayman Islands
VVPR
VIVOPOWER INTERNATIONAL PLC
NASDAQ
Solar
$15.01M$3.3814.97%-$34.40M1.71x-1.84
United States
SUNE
SUNATION ENERGY INC
NASDAQ
Solar
$1.65B$2.45-4.67%-$9.57M-0.05x4.35
United States
CSIQ
CANADIAN SOLAR INC
NASDAQ
Solar
$646.04M$9.65-1.73%N/A17.87x3.33
Canada
SOL
EMEREN GROUP LTD
NYSE
Solar
$69.28M$1.355.47%-$1.55MN/A0.37
China
MAXN
MAXEON SOLAR TECHNOLOGIES LTD
NASDAQ
Solar
$5.10M$3.350.90%-$543.46M-0.01x-3.07
Singapore
FTCI
FTC SOLAR INC
NASDAQ
Solar
$44.01M$3.420.00%-$46.39M-0.89x3.72
United States
SMXT
SOLARMAX TECHNOLOGY INC
NASDAQ
Solar
$49.50M$1.08-1.82%-$30.19M-1.37x-3.56
United States
JKS
JINKOSOLAR HOLDING CO LTD
NYSE
Solar
$871.20M$16.97-3.85%$1.24B119.51x4.56
China
RUN
SUNRUN INC
NASDAQ
Solar
$1.68B$7.42-1.07%-$1.40B-0.58x6.16
United States
SEDG
SOLAREDGE TECHNOLOGIES INC
NASDAQ
Solar
$754.77M$12.841.18%-$1.64B-0.41x3.00
Israel
BEEM
BEAM GLOBAL
NASDAQ
Solar
$22.93M$1.48-3.27%-$7.66M-1.92x0.49
United States
ASTI
ASCENT SOLAR TECHNOLOGIES INC
NASDAQ
Solar
$2.83M$1.66-1.95%-$7.94M-0.16x1.11
United States
TURB
TURBO ENERGY SA
NASDAQ
Solar
$28.52M$2.594.44%-$4.52M-7.59x3.82
Spain
NOVA
SUNNOVA ENERGY INTERNATIONAL INC
NYSE
Solar
$28.27M$0.23-0.88%$236.21M-0.08x5.83
United States
TYGO
TIGO ENERGY INC
NASDAQ
Solar
$53.24M$0.863.37%-$48.88M-0.83x7.70
United States
ZEO
ZEO ENERGY CORP
NASDAQ
Solar
$82.27M$1.672.45%-$9.40M-0.92x-0.35
United States
SPRU
SPRUCE POWER HOLDING CORP
NYSE
Solar
$35.79M$1.98-0.50%-$8.97M-0.52x5.24
United States

Solar Stocks FAQ

What are the best solar stocks to buy right now in Apr 2025?

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:

1. Array Technologies (NASDAQ:ARRY)


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

Array Technologies (NASDAQ:ARRY) has a Due Diligence Score of 13, which is -10 points lower than the solar industry average of 23.

ARRY passed 4 out of 33 due diligence checks and has weak fundamentals. Array Technologies has seen its stock lose -57.78% over the past year, overperforming other solar stocks by 39 percentage points.

Array Technologies has an average 1 year price target of $8.75, an upside of 65.41% from Array Technologies's current stock price of $5.29.

Array Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Array Technologies, 41.67% have issued a Strong Buy rating, 8.33% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Nextracker (NASDAQ:NXT)


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: A, Safety: C, Financials: A, and AI: C.

Nextracker (NASDAQ:NXT) has a Due Diligence Score of 40, which is 17 points higher than the solar industry average of 23.

NXT passed 13 out of 33 due diligence checks and has average fundamentals. Nextracker has seen its stock lose -2.36% over the past year, overperforming other solar stocks by 95 percentage points.

Nextracker has an average 1 year price target of $55.00, an upside of 27.7% from Nextracker's current stock price of $43.07.

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.

3. Skycorp Solar Group (NASDAQ:PN)


Skycorp Solar Group (NASDAQ:PN) 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 Skycorp Solar Group (NASDAQ:PN) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.

Skycorp Solar Group (NASDAQ:PN) has a Due Diligence Score of 11, which is -12 points lower than the solar industry average of 23.

PN passed 3 out of 33 due diligence checks and has weak fundamentals.

What are the solar stocks with highest dividends?

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

1. Jinkosolar Holding Co (NYSE:JKS)


Jinkosolar Holding Co (NYSE:JKS) has an annual dividend yield of 8.84%, which is the same as the solar industry average of 8.84%.

Jinkosolar Holding Co's dividend payout ratio of 1,054.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are solar stocks down?

Solar stocks were down -0.85% in the last day, and up 1.73% over the last week. First Solar was the among the top losers in the solar industry, dropping -2.48% yesterday.

First Solar shares are trading lower after the company reported worse-than-expected Q1 EPS results and cut its FY25 guidance.

What are the most undervalued solar stocks?

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:

1. Nextracker (NASDAQ:NXT)


Nextracker (NASDAQ:NXT) 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.

Nextracker has a valuation score of 29, which is 10 points higher than the solar industry average of 19. It passed 2 out of 7 valuation due diligence checks.

Nextracker's stock has dropped -2.36% in the past year. It has overperformed other stocks in the solar industry by 95 percentage points.

2. First Solar (NASDAQ:FSLR)


First Solar (NASDAQ:FSLR) 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.

First Solar has a valuation score of 57, which is 38 points higher than the solar industry average of 19. It passed 4 out of 7 valuation due diligence checks.

First Solar's stock has dropped -24.11% in the past year. It has overperformed other stocks in the solar industry by 73 percentage points.

3. Shoals Technologies Group (NASDAQ:SHLS)


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 24 points higher than the solar industry average of 19. It passed 3 out of 7 valuation due diligence checks.

Shoals Technologies Group's stock has dropped -56.59% in the past year. It has overperformed other stocks in the solar industry by 40 percentage points.

Are solar stocks a good buy now?

31.25% of solar stocks rated by analysts are a strong buy right now. On average, analysts expect solar stocks to rise by 62.39% over the next year.

0% of solar stocks have a Zen Rating of A (Strong Buy), 0% of solar stocks are rated B (Buy), 44.44% are rated C (Hold), 44.44% are rated D (Sell), and 11.11% are rated F (Strong Sell).

What is the average p/e ratio of the solar industry?

The average P/E ratio of the solar industry is 17.98x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.