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
C
Solar is Zen Rated C and is the 85th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
NXT
NEXTPOWER INC
$12.87B$86.75$99.8315.08%Strong Buy189.02%10.55%40.33%21.83%
SHLS
SHOALS TECHNOLOGIES GROUP INC
$1.48B$8.85$11.3027.68%Strong Buy1013.86%48.09%17.08%11.83%
ARRY
ARRAY TECHNOLOGIES INC
$1.30B$8.52$10.8927.85%Buy145.74%N/A-345.44%10.02%
FSLR
FIRST SOLAR INC
$27.34B$254.80$259.751.94%Strong Buy1812.71%30.91%38.92%26.07%
SOL
EMEREN GROUP LTD
$99.56M$1.94N/AN/AN/AN/A19.26%N/A34.23%23.63%
SPRU
SPRUCE POWER HOLDING CORP
$96.84M$5.33N/AN/AN/AN/AN/AN/A-11.43%-1.66%
TYGO
TIGO ENERGY INC
$111.16M$1.58$6.00279.75%Buy122.01%N/A160.72%17.97%
SEDG
SOLAREDGE TECHNOLOGIES INC
$1.77B$29.53$27.52-6.79%Sell1715.30%N/A51.08%10.98%
ENPH
ENPHASE ENERGY INC
$4.21B$32.18$37.4716.44%Sell18-5.65%18.59%39.28%11.77%
CSIQ
CANADIAN SOLAR INC
$1.53B$22.65$18.58-17.97%Sell813.88%N/AN/AN/A
JKS
JINKOSOLAR HOLDING CO LTD
$1.34B$25.64$22.50-12.25%Sell215.29%N/A37.86%8.96%
TURB
TURBO ENERGY SA
$11.02M$1.00N/AN/AN/AN/AN/AN/AN/AN/A
SPWR
SUNPOWER INC
$132.14M$1.59$5.40239.62%Buy129.19%N/A-31.64%20.78%
RUN
SUNRUN INC
$4.16B$17.93$19.609.32%Buy157.10%N/A26.23%3.52%
FTCI
FTC SOLAR INC
$143.20M$9.59$11.2517.37%Buy260.78%N/AN/AN/A
VVPR
VIVOPOWER INTERNATIONAL PLC
$36.08M$2.88N/AN/AN/AN/AN/AN/AN/AN/A
MAXN
MAXEON SOLAR TECHNOLOGIES LTD
$59.51M$3.54N/AN/AN/AN/A478.19%N/AN/A-0.18%
BEEM
BEAM GLOBAL
$34.63M$1.82N/AN/AN/AN/A21.60%N/AN/AN/A
ASTI
ASCENT SOLAR TECHNOLOGIES INC
$10.85M$3.12N/AN/AN/AN/AN/AN/AN/AN/A
TOYO
TOYO CO LTD
$224.91M$6.37N/AN/AN/AN/AN/AN/AN/AN/A
PN
SKYCORP SOLAR GROUP LTD
$21.79M$0.81N/AN/AN/AN/AN/AN/AN/AN/A
SMXT
SOLARMAX TECHNOLOGY INC
$49.04M$0.90N/AN/AN/AN/AN/AN/AN/AN/A
SUNE
SUNATION ENERGY INC
$4.29M$1.26N/AN/AN/AN/AN/AN/AN/AN/A
ZEO
ZEO ENERGY CORP
$63.28M$1.10N/AN/AN/AN/AN/AN/AN/AN/A

Solar Stocks FAQ

What are the best solar stocks to buy right now in Dec 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. Nextpower (NASDAQ:NXT)


Nextpower (NASDAQ:NXT) is the #1 top solar stock out of 24 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 Nextpower (NASDAQ:NXT) is: Value: B, Growth: C, Momentum: B, Sentiment: D, Safety: C, Financials: A, and AI: C.

Nextpower (NASDAQ:NXT) has a Due Diligence Score of 41, which is 18 points higher than the solar industry average of 23.

NXT passed 14 out of 33 due diligence checks and has strong fundamentals. Nextpower has seen its stock return 146.38% over the past year, overperforming other solar stocks by 191 percentage points.

Nextpower has an average 1 year price target of $99.83, an upside of 15.08% from Nextpower's current stock price of $86.75.

Nextpower stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 18 analysts covering Nextpower, 66.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Shoals Technologies Group (NASDAQ:SHLS)


Shoals Technologies Group (NASDAQ:SHLS) is the #2 top solar stock out of 24 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: A, Momentum: B, Sentiment: D, Safety: C, Financials: C, and AI: C.

Shoals Technologies Group (NASDAQ:SHLS) has a Due Diligence Score of 43, which is 20 points higher than the solar industry average of 23.

SHLS passed 14 out of 33 due diligence checks and has strong fundamentals. Shoals Technologies Group has seen its stock return 100.68% over the past year, overperforming other solar stocks by 145 percentage points.

Shoals Technologies Group has an average 1 year price target of $11.30, an upside of 27.68% from Shoals Technologies Group's current stock price of $8.85.

Shoals Technologies Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Shoals Technologies Group, 80% have issued a Strong Buy rating, 10% have issued a Buy, 10% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Array Technologies (NASDAQ:ARRY)


Array Technologies (NASDAQ:ARRY) is the #3 top solar stock out of 24 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 Array Technologies (NASDAQ:ARRY) is: Value: C, Growth: A, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.

Array Technologies (NASDAQ:ARRY) has a Due Diligence Score of 16, which is -7 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 "B".

ARRY passed 5 out of 33 due diligence checks and has weak fundamentals. Array Technologies has seen its stock return 54.63% over the past year, overperforming other solar stocks by 99 percentage points.

Array Technologies has an average 1 year price target of $10.89, an upside of 27.85% from Array Technologies's current stock price of $8.52.

Array Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Array Technologies, 35.71% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 7.14% have issued a Sell rating, and 0% have issued a Strong Sell.

Are solar stocks a good buy now?

41.67% of solar stocks rated by analysts are a buy right now. On average, analysts expect solar stocks to rise by 6.1% over the next year.

0% of solar stocks have a Zen Rating of A (Strong Buy), 27.78% of solar stocks are rated B (Buy), 61.11% are rated C (Hold), 11.11% 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 14.68x.

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. First Solar (NASDAQ:FSLR)


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 29, which is 13 points higher than the solar industry average of 16. It passed 2 out of 7 valuation due diligence checks.

First Solar's stock has gained 29.79% in the past year. It has overperformed other stocks in the solar industry by 75 percentage points.

2. Enphase Energy (NASDAQ:ENPH)


Enphase Energy (NASDAQ:ENPH) 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.

Enphase Energy has a valuation score of 14, which is -2 points higher than the solar industry average of 16. 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 -55.92% in the past year. It has underperformed other stocks in the solar industry by -11 percentage points.

3. Nextpower (NASDAQ:NXT)


Nextpower (NASDAQ:NXT) 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.

Nextpower has a valuation score of 14, which is -2 points higher than the solar industry average of 16. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates NXT a Valuation Rating of "B".

Nextpower's stock has gained 146.38% in the past year. It has overperformed other stocks in the solar industry by 191 percentage points.

Why are solar stocks down?

Solar stocks were down -6.1% in the last day, and down -0.38% over the last week. Turbo Energy Sa was the among the top losers in the solar industry, dropping -10.71% yesterday.

Shares of electrical equipment companies are trading lower amid overall market weakness.
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.