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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:

Nextracker (NASDAQ:NXT) is the #1 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 Nextracker (NASDAQ:NXT) is: Value: B, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: A, and AI: C.

Nextracker (NASDAQ:NXT) has a Due Diligence Score of 42, which is 20 points higher than the solar industry average of 22.

NXT passed 14 out of 33 due diligence checks and has strong fundamentals. Nextracker has seen its stock return 18.71% over the past year, overperforming other solar stocks by 116 percentage points.

Nextracker has an average 1 year price target of $60.72, an upside of 4.12% from Nextracker's current stock price of $58.32.

Nextracker stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 18 analysts covering Nextracker, 66.67% have issued a Strong Buy rating, 22.22% have issued a Buy, 11.11% 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 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 7, which is -15 points lower than the solar industry average of 22. Although this number is below the industry average, our proven quant model rates ARRY as a "B".

ARRY passed 2 out of 33 due diligence checks and has weak fundamentals. Array Technologies has seen its stock lose -39.25% over the past year, overperforming other solar stocks by 58 percentage points.

Array Technologies has an average 1 year price target of $9.04, an upside of 40.31% from Array Technologies's current stock price of $6.44.

Array Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Array Technologies, 50% have issued a Strong Buy rating, 7.14% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Shoals Technologies Group (NASDAQ:SHLS) 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 +7.53% per year. Learn more.

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

Shoals Technologies Group (NASDAQ:SHLS) has a Due Diligence Score of 49, which is 27 points higher than the solar industry average of 22.

SHLS passed 16 out of 33 due diligence checks and has strong fundamentals. Shoals Technologies Group has seen its stock lose -27.01% over the past year, overperforming other solar stocks by 70 percentage points.

Shoals Technologies Group has an average 1 year price target of $6.24, an upside of 31.99% from Shoals Technologies Group's current stock price of $4.73.

Shoals Technologies Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Shoals Technologies Group, 42.86% have issued a Strong Buy rating, 21.43% have issued a Buy, 28.57% have issued a hold, while 7.14% 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 6.93%, which is the same as the solar industry average of 6.93%.

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.

Solar stocks were down -1.62% in the last day, and up 6.08% over the last week. Enphase Energy was the among the top losers in the solar industry, dropping -4.93% yesterday.

Shares of solar stocks are trading lower. The sector has been volatile amid uncertainty surrounding solar credits in the budget bill.

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:

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 18.71% in the past year. It has overperformed other stocks in the solar industry by 116 percentage points.

Shoals Technologies Group (NASDAQ:SHLS) 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.

Shoals Technologies Group 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.

Shoals Technologies Group's stock has dropped -27.01% in the past year. It has overperformed other stocks in the solar industry by 70 percentage points.

First Solar (NASDAQ:FSLR) 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.

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 -39.12% in the past year. It has overperformed other stocks in the solar industry by 58 percentage points.

30.77% of solar stocks rated by analysts are a strong buy right now. On average, analysts expect solar stocks to rise by 27.14% over the next year.

0% of solar stocks have a Zen Rating of A (Strong Buy), 12.5% of solar stocks are rated B (Buy), 43.75% are rated C (Hold), 31.25% are rated D (Sell), and 12.5% are rated F (Strong Sell).