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Best Solar Stocks to Buy Now (2026)

Top solar stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +28.50% 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:

Nextpower (NASDAQ:NXT) is the #1 top solar stock out of 23 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year. Learn more.

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

Nextpower (NASDAQ:NXT) has a Due Diligence Score of 59, which is 28 points higher than the solar industry average of 31.

NXT passed 20 out of 33 due diligence checks and has strong fundamentals. Nextpower has seen its stock lose -19.39% over the past year, overperforming other solar stocks by 14 percentage points.

Nextpower has an average 1 year price target of $140.57, an upside of 76.95% from Nextpower's current stock price of $79.44.

Nextpower stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 21 analysts covering Nextpower, 57.14% have issued a Strong Buy rating, 28.57% have issued a Buy, 14.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Array Technologies (NASDAQ:ARRY) is the #2 top solar stock out of 23 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year. Learn more.

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

Array Technologies (NASDAQ:ARRY) has a Due Diligence Score of 27, which is -4 points lower than the solar industry average of 31.

ARRY passed 8 out of 33 due diligence checks and has average fundamentals. Array Technologies has seen its stock lose -62.67% over the past year, underperforming other solar stocks by -29 percentage points.

Array Technologies has an average 1 year price target of $5.33, an upside of 57.32% from Array Technologies's current stock price of $3.39.

Array Technologies stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Array Technologies, 11.11% have issued a Strong Buy rating, 11.11% have issued a Buy, 77.78% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Toyo Co (NASDAQ:TOYO) is the #3 top solar stock out of 23 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year. Learn more.

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

Toyo Co (NASDAQ:TOYO) has a Due Diligence Score of 80, which is 49 points higher than the solar industry average of 31.

TOYO passed 27 out of 33 due diligence checks and has strong fundamentals. Toyo Co has seen its stock lose -46.41% over the past year, underperforming other solar stocks by -13 percentage points.

Toyo Co has an average 1 year price target of $18.00, an upside of 372.44% from Toyo Co's current stock price of $3.81.

Toyo Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Toyo Co, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% 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 17.7%, which is the same as the solar industry average of 17.7%.

Jinkosolar Holding Co's dividend payout ratio of -15.3% indicates that its high dividend yield might not be sustainable for the long-term.

Solar stocks were up 3.51% in the last day, and down -0.27% over the last week. Canadian Solar was the among the top gainers in the solar industry, gaining 9.27% yesterday.

Shares of semiconductor and chip companies are trading higher after Anthropic’s IPO filing renewed AI optimism and triggered a rally across major Asian tech stocks. Easing oil prices and the Federal Reserve’s two-day policy meeting are also in focus as investors assess the interest rate outlook.

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:

Toyo Co (NASDAQ:TOYO) is the most undervalued solar stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Toyo Co has a valuation score of 71, which is 46 points higher than the solar industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Toyo Co's stock has dropped -46.41% in the past year. It has underperformed other stocks in the solar industry by -13 percentage points.

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 32 points higher than the solar industry average of 25. It passed 4 out of 7 valuation due diligence checks.

First Solar's stock has dropped -29% in the past year. It has overperformed other stocks in the solar industry by 5 percentage points.

Array Technologies (NASDAQ:ARRY) 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.

Array Technologies has a valuation score of 29, which is 4 points higher than the solar industry average of 25. It passed 2 out of 7 valuation due diligence checks.

Array Technologies's stock has dropped -62.67% in the past year. It has underperformed other stocks in the solar industry by -29 percentage points.

42.86% of solar stocks rated by analysts are a hold right now. On average, analysts expect solar stocks to rise by 63.64% over the next year.

0% of solar stocks have a Zen Rating of A (Strong Buy), 0% of solar stocks are rated B (Buy), 70.59% are rated C (Hold), 11.76% are rated D (Sell), and 17.65% are rated F (Strong Sell).