Sectors & IndustriesTechnologySolar

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:

Toyo Co (NASDAQ:TOYO) is the #1 top solar stock out of 22 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

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

Toyo Co (NASDAQ:TOYO) has a Due Diligence Score of 13, which is -15 points lower than the solar industry average of 28. Although this number is below the industry average, our proven quant model rates TOYO as a "A".

TOYO passed 4 out of 33 due diligence checks and has weak fundamentals. Toyo Co has seen its stock return 79.58% over the past year, overperforming other solar stocks by 57 percentage points.

Toyo Co has an average 1 year price target of $16.50, an upside of 155.22% from Toyo Co's current stock price of $6.47.

Toyo Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Toyo Co, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Tigo Energy (NASDAQ:TYGO) is the #2 top solar stock out of 22 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 Tigo Energy (NASDAQ:TYGO) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: D, Financials: C, and AI: D.

Tigo Energy (NASDAQ:TYGO) has a Due Diligence Score of 54, which is 26 points higher than the solar industry average of 28.

TYGO passed 18 out of 33 due diligence checks and has strong fundamentals. Tigo Energy has seen its stock return 56.82% over the past year, overperforming other solar stocks by 34 percentage points.

Nextpower (NASDAQ:NXT) is the #3 top solar stock out of 22 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: C, Growth: D, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.

Nextpower (NASDAQ:NXT) has a Due Diligence Score of 64, which is 36 points higher than the solar industry average of 28.

NXT passed 22 out of 33 due diligence checks and has strong fundamentals. Nextpower has seen its stock return 84.86% over the past year, overperforming other solar stocks by 62 percentage points.

Nextpower has an average 1 year price target of $149.34, an upside of 32.35% from Nextpower's current stock price of $112.84.

Nextpower stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 19 analysts covering Nextpower, 52.63% have issued a Strong Buy rating, 26.32% have issued a Buy, 21.05% 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 9.34%, which is the same as the solar industry average of 9.34%.

Jinkosolar Holding Co's dividend payout ratio of -12.9% indicates that its high dividend yield might not be sustainable for the long-term.

Solar stocks were down -3.97% in the last day, and down -6.1% over the last week. Enphase Energy was the among the top losers in the solar industry, dropping -8.05% yesterday.

Shares of semiconductor and chip companies are trading lower amid continued weakness after recent reports suggested that Meta will open a cloud business to sell excess AI compute. Also, profit-taking following the industry-wide rally in H1 2026 and pressure from Asian markets have weighed on the industry

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 14, which is 1 points higher than the solar industry average of 13. It passed 1 out of 7 valuation due diligence checks.

Toyo Co's stock has gained 79.58% in the past year. It has overperformed other stocks in the solar industry by 57 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 43, which is 30 points higher than the solar industry average of 13. It passed 3 out of 7 valuation due diligence checks.

First Solar's stock has gained 31.7% in the past year. It has overperformed other stocks in the solar industry by 9 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 14, which is 1 points higher than the solar industry average of 13. It passed 1 out of 7 valuation due diligence checks.

Enphase Energy's stock has gained 5.13% in the past year. It has underperformed other stocks in the solar industry by -18 percentage points.

38.46% of solar stocks rated by analysts are a strong buy right now. On average, analysts expect solar stocks to rise by 19.39% over the next year.

5.56% 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), 16.67% are rated D (Sell), and 5.56% are rated F (Strong Sell).