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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: D, Sentiment: C, Safety: C, Financials: B, and AI: B.

Nextpower (NASDAQ:NXT) has a Due Diligence Score of 66, which is 34 points higher than the solar industry average of 32.

NXT passed 22 out of 33 due diligence checks and has strong fundamentals. Nextpower has seen its stock lose -8.61% over the past year, overperforming other solar stocks by 23 percentage points.

Nextpower has an average 1 year price target of $142.33, an upside of 77.83% from Nextpower's current stock price of $80.04.

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, 23.81% have issued a Buy, 19.05% 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: A.

Array Technologies (NASDAQ:ARRY) has a Due Diligence Score of 24, which is -8 points lower than the solar industry average of 32.

ARRY passed 7 out of 33 due diligence checks and has weak fundamentals. Array Technologies has seen its stock lose -60.87% over the past year, underperforming other solar stocks by -29 percentage points.

Array Technologies has an average 1 year price target of $6.11, an upside of 78.16% from Array Technologies's current stock price of $3.43.

Array Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Array Technologies, 22.22% have issued a Strong Buy rating, 11.11% have issued a Buy, 66.67% 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 48 points higher than the solar industry average of 32.

TOYO passed 27 out of 33 due diligence checks and has strong fundamentals. Toyo Co has seen its stock lose -49.62% over the past year, underperforming other solar stocks by -18 percentage points.

Toyo Co has an average 1 year price target of $18.00, an upside of 350% from Toyo Co's current stock price of $4.00.

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 18.23%, which is the same as the solar industry average of 18.23%.

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 down -3.36% in the last day, and down -5.36% over the last week. Shoals Technologies Group was the among the top losers in the solar industry, dropping -7.6% yesterday.

Shoals Technologies Group shares are trading lower after Mizuho lowered its price target on the stock from $11 to $10.

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 45 points higher than the solar industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Toyo Co's stock has dropped -49.62% in the past year. It has underperformed other stocks in the solar industry by -18 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 31 points higher than the solar industry average of 26. It passed 4 out of 7 valuation due diligence checks.

First Solar's stock has dropped -27.4% in the past year. It has overperformed other stocks in the solar industry by 4 percentage points.

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 57, which is 31 points higher than the solar industry average of 26. It passed 4 out of 7 valuation due diligence checks.

Enphase Energy's stock has dropped -18.48% in the past year. It has overperformed other stocks in the solar industry by 13 percentage points.

46.67% of solar stocks rated by analysts are a buy right now. On average, analysts expect solar stocks to rise by 71.45% over the next year.

0% of solar stocks have a Zen Rating of A (Strong Buy), 0% of solar stocks are rated B (Buy), 72.22% are rated C (Hold), 11.11% are rated D (Sell), and 16.67% are rated F (Strong Sell).