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
D
Solar is Zen Rated D and is the 107th 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
$1.19B$7.811.83%-$162.82M-4.22x-11.27
United States
NXT
NEXTRACKER INC
NASDAQ
Solar
$10.01B$67.641.41%$716.32M18.04x0.88
United States
SHLS
SHOALS TECHNOLOGIES GROUP INC
NASDAQ
Solar
$1.18B$7.082.91%$53.44M59.00x0.38
United States
ENPH
ENPHASE ENERGY INC
NASDAQ
Solar
$4.97B$37.980.93%$297.66M28.99x2.61
United States
PN
SKYCORP SOLAR GROUP LTD
NASDAQ
Solar
$23.76M$0.88-2.22%N/AN/A0.82
China
TYGO
TIGO ENERGY INC
NASDAQ
Solar
$106.50M$1.62-5.81%-$37.08M-1.93x46.66
United States
FSLR
FIRST SOLAR INC
NASDAQ
Solar
$22.20B$207.002.63%$1.87B17.63x0.51
United States
RUN
SUNRUN INC
NASDAQ
Solar
$3.80B$16.452.43%-$1.19B-1.42x5.74
United States
FTCI
FTC SOLAR INC
NASDAQ
Solar
$102.64M$6.90-2.95%-$43.28M-1.91x8.17
United States
VVPR
VIVOPOWER INTERNATIONAL PLC
NASDAQ
Solar
$22.02M$4.96-2.94%-$34.40M2.51x-1.84
United States
SEDG
SOLAREDGE TECHNOLOGIES INC
NASDAQ
Solar
$1.82B$30.595.59%-$1.55B-1.01x3.85
Israel
JKS
JINKOSOLAR HOLDING CO LTD
NYSE
Solar
$1.35B$26.324.90%$1.24B185.35x4.56
China
CSIQ
CANADIAN SOLAR INC
NASDAQ
Solar
$806.68M$12.0110.28%N/A-21.07x3.73
Canada
SPWR
COMPLETE SOLARIA INC
NASDAQ
Solar
$130.48M$1.571.95%-$13.67M-4.03x-2.52
Cayman Islands
SOL
EMEREN GROUP LTD
NYSE
Solar
$97.51M$1.901.06%$7.74MN/A0.40
China
BEEM
BEAM GLOBAL
NASDAQ
Solar
$43.83M$2.443.83%-$19.67M-1.58x0.74
United States
MAXN
MAXEON SOLAR TECHNOLOGIES LTD
NASDAQ
Solar
$68.08M$4.055.47%-$525.37M0.12x-1.55
Singapore
ASTI
ASCENT SOLAR TECHNOLOGIES INC
NASDAQ
Solar
$5.97M$1.96-1.51%-$6.04M-0.55x0.98
United States
SUNE
SUNATION ENERGY INC
NASDAQ
Solar
$4.87M$1.430.00%-$18.02M0.00x1.00
United States
SPRU
SPRUCE POWER HOLDING CORP
NYSE
Solar
$30.32M$1.703.03%-$6.15M-0.40x5.88
United States
TURB
TURBO ENERGY SA
NASDAQ
Solar
$29.75M$2.704.57%-$4.52M-7.92x3.82
Spain
ZEO
ZEO ENERGY CORP
NASDAQ
Solar
$67.99M$1.24-4.62%-$17.35M-2.25x-0.27
United States
SMXT
SOLARMAX TECHNOLOGY INC
NASDAQ
Solar
$58.65M$1.08-1.82%-$12.02M-3.00x-3.53
United States

Solar Stocks FAQ

What are the best solar stocks to buy right now in Sep 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 23 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

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

Array Technologies (NASDAQ:ARRY) has a Due Diligence Score of 10, which is -13 points lower than the solar industry average of 23. Although this number is below the industry average, our proven quant model rates ARRY as a "A".

ARRY passed 3 out of 33 due diligence checks and has weak fundamentals. Array Technologies has seen its stock return 11.89% over the past year, overperforming other solar stocks by 89 percentage points.

Array Technologies has an average 1 year price target of $8.79, an upside of 12.57% from Array Technologies's current stock price of $7.81.

Array Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Array Technologies, 50% have issued a Strong Buy rating, 0% have issued a Buy, 41.67% have issued a hold, while 8.33% 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 23 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

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

Nextracker (NASDAQ:NXT) has a Due Diligence Score of 34, which is 11 points higher than the solar industry average of 23.

NXT passed 11 out of 33 due diligence checks and has average fundamentals. Nextracker has seen its stock return 82.71% over the past year, overperforming other solar stocks by 160 percentage points.

Nextracker has an average 1 year price target of $69.46, an upside of 2.69% from Nextracker's current stock price of $67.64.

Nextracker stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Nextracker, 69.23% have issued a Strong Buy rating, 15.38% have issued a Buy, 15.38% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Shoals Technologies Group (NASDAQ:SHLS)


Shoals Technologies Group (NASDAQ:SHLS) is the #3 top solar stock out of 23 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Shoals Technologies Group (NASDAQ:SHLS) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.

Shoals Technologies Group (NASDAQ:SHLS) has a Due Diligence Score of 62, which is 39 points higher than the solar industry average of 23.

SHLS passed 20 out of 33 due diligence checks and has strong fundamentals. Shoals Technologies Group has seen its stock return 12.38% over the past year, overperforming other solar stocks by 90 percentage points.

Shoals Technologies Group has an average 1 year price target of $6.94, a downside of -2.01% from Shoals Technologies Group's current stock price of $7.08.

Shoals Technologies Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Shoals Technologies Group, 50% have issued a Strong Buy rating, 12.5% have issued a Buy, 25% have issued a hold, while 12.5% have issued a Sell rating, and 0% have issued a Strong Sell.

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 N/A, which is N/A percentage points lower than the solar industry average of N/A.

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

Why are solar stocks up?

Solar stocks were up 2.57% in the last day, and down 0% over the last week.

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

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 12 points higher than the solar industry average of 17. It passed 2 out of 7 valuation due diligence checks.

Nextracker's stock has gained 82.71% in the past year. It has overperformed other stocks in the solar industry by 160 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 40 points higher than the solar industry average of 17. It passed 4 out of 7 valuation due diligence checks.

First Solar's stock has dropped -11.28% in the past year. It has overperformed other stocks in the solar industry by 66 percentage points.

3. Enphase Energy (NASDAQ:ENPH)


Enphase Energy (NASDAQ:ENPH) 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.

Enphase Energy has a valuation score of 14, which is -3 points higher than the solar industry average of 17. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates ENPH a Valuation Rating of "B".

Enphase Energy's stock has dropped -65.93% in the past year. It has overperformed other stocks in the solar industry by 11 percentage points.

Are solar stocks a good buy now?

30.77% of solar stocks rated by analysts are a strong buy right now. On average, analysts expect solar stocks to fall by -0.2% over the next year.

11.11% of solar stocks have a Zen Rating of A (Strong Buy), 11.11% of solar stocks are rated B (Buy), 44.44% are rated C (Hold), 33.33% are rated D (Sell), and 0% 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 20.9x.
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.