Considering investing in solar stocks? While the best solar stocks depend on your portfolio and investment goals, we've identified some solar stocks that are worth keeping an eye on in the energy sector. Keep reading to learn more about solar stocks and how to start investing.
We round up a selection of stocks in or related to the energy industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on Questrade |
|---|---|---|---|---|---|
| Brookfield Renewable Partners L-P (BEP-UN.TO) | 53.84% | $31.8 billion (CAD) | Toronto Stock Exchange | 183,360 | Buy now |
| Northland Power (NPI.TO) | 7.99% | $5.9 billion (CAD) | Toronto Stock Exchange | 537,067 | Buy now |
| Nextracker IncClass A Common Stock (NXT.US) | (data unavailable) | $19.2 billion (USD) | NASDAQ | 1,668,526 | Buy now |
| First Solar (FSLR.US) | 81.87% | $28.3 billion (USD) | NASDAQ | 1,718,382 | Buy now |
| Enphase Energy (ENPH.US) | 51.65% | $6.9 billion (USD) | NASDAQ | 5,915,969 | Buy now |
| SolarEdge Technologies (SEDG.US) | 258.34% | $3.5 billion (USD) | NASDAQ | 2,155,946 | Buy now |
| Canadian Solar (CSIQ.US) | 58.14% | $1.1 billion (USD) | NASDAQ | 1,632,131 | Buy now |
| Boralex (BLX.TO) | (data unavailable) | $3.8 billion (CAD) | Toronto Stock Exchange | 230,154 | Buy now |
The energy industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering solar stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
A lot of factors go into picking the best solar stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong solar stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular solar stocks in or related to the energy industry to help narrow down your options:
Keep in mind that this is not a "best" list or a recommendation. It highlights some solar stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each solar stock below. Keep reading to decide if any of these companies are the right investment for you.
Brookfield Renewable Partners L. P.
owns a portfolio of renewable power generating facilities in the North America, Colombia, and Brazil.
| Closing stock price | C$50.55 |
|---|---|
| Market Capitalization | C$31.8 billion |
| Gross profit (TTM) | C$3.3 billion |
| Profit margin | 0.35% |
| Revenue (TTM) | C$6.3 billion |
| Earnings per share (TTM) | -C$0.42 |
| 52-week stock price range | C$31.66 – C$52.86 |
Northland Power Inc. operates as a power producer in Canada, the Netherlands, Germany, Colombia, Spain, the United States, and internationally. The company produces electricity from renewable resources, such as offshore and onshore wind; solar; natural gas; and battery energy storage for sale under power purchase agreements and other revenue arrangements.
As of December 31, 2025, it owned or had a net economic interest in 3,014 MW of power-producing facilities with a total gross operating capacity of approximately 3,498 MW and a regulated utility.
| Closing stock price | C$22.81 |
|---|---|
| Market Capitalization | C$5.9 billion |
| Gross profit (TTM) | C$1.8 billion |
| Profit margin | -5.54% |
| Revenue (TTM) | C$2.6 billion |
| Earnings per share (TTM) | -C$0.57 |
| 52-week stock price range | C$15.59 – C$25.39 |
Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint.
The company also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor and NX Earth Truss, a solar foundation technology to facilitate solar project development in challenging soil conditions; Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects.
| Closing stock price | $129.07 |
|---|---|
| Market Capitalization | $19.2 billion |
| Gross profit (TTM) | $780.2 million |
| Profit margin | 16.46% |
| Revenue (TTM) | $3.6 billion |
| Earnings per share (TTM) | $3.84 |
| 52-week stock price range | $51.69 – $163.13 |
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules.
It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity.
| Closing stock price | $263.11 |
|---|---|
| Market Capitalization | $28.3 billion |
| Gross profit (TTM) | $2.3 billion |
| Profit margin | 30.73% |
| Revenue (TTM) | $5.4 billion |
| Earnings per share (TTM) | $15.47 |
| 52-week stock price range | $147.30 – $320.95 |
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.
It also provides microinverter units and related accessories; IQ Battery and related accessories; IQ PowerPack 1500 and related accessories; IQ Combiner, IQ Gateway, and IQ Energy Router; cloud-based monitoring service; and electric vehicle charging solutions, as well as design, proposal, permitting, installation and solar appointment generation services, and Enphase Care services.
| Closing stock price | $52.41 |
|---|---|
| Market Capitalization | $6.9 billion |
| Gross profit (TTM) | $380.5 million |
| Profit margin | 9.64% |
| Revenue (TTM) | $1.4 billion |
| Earnings per share (TTM) | $1.01 |
| 52-week stock price range | $25.78 – $73.74 |
SolarEdge Technologies, Inc., together with its subsidiaries, operates as an energy technology company in the United States, Europe, and internationally. The company offers power optimizers and DC-to-AC inverters; Storage Solutions, such as home battery 400V and CSS-OD solution; EV chargers for residential and commercial applications; SolarEdge ONE, an energy optimization system; and cloud-based monitoring platform.
It also provides mySolarEdge app, which enables system owners to track their real-time system production and household energy consumption; SolarEdge Go app, a mobile application for SolarEdge installers, integrating installation, management, and service capabilities; designer platform, a web-based tool; and mapper application for registering the physical layout of new PV sites.
| Closing stock price | $57.55 |
|---|---|
| Market Capitalization | $3.5 billion |
| Gross profit (TTM) | $233.4 million |
| Profit margin | -28.56% |
| Revenue (TTM) | $1.3 billion |
| Earnings per share (TTM) | -$6.13 |
| 52-week stock price range | $15.75 – $81.25 |
Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the United States, Europe, and internationally. It operates through two segments, Manufacturing and Recurrent Energy.
The Manufacturing Segment focuses on manufacturing and selling solar, battery energy storage and other power technology products, and CSI Solar.
| Closing stock price | $16.02 |
|---|---|
| Market Capitalization | $1.1 billion |
| Gross profit (TTM) | $1.2 billion |
| Profit margin | -1.87% |
| Revenue (TTM) | $5.5 billion |
| Earnings per share (TTM) | -$2.52 |
| 52-week stock price range | $9.41 – $34.59 |
Boralex Inc., together with its subsidiaries, engages in the developing, building, and operating power generating and storage facilities in Canada, France, the United States, and the United Kingdom. The company generates electricity from wind, solar, and hydroelectric resources.
As of December 31, 2025, the company operates 107 wind farms; 13 solar power stations; 15 hydroelectric power stations; and 4 battery energy storage systems with an installed capacity of 2,299 megawatts (MW) in North America and 1,484 MW in Europe.
| Closing stock price | C$36.90 |
|---|---|
| Market Capitalization | C$3.8 billion |
| Gross profit (TTM) | C$679 million |
| Profit margin | -3.56% |
| Revenue (TTM) | C$898 million |
| Earnings per share (TTM) | -C$0.31 |
| 52-week stock price range | C$23.23 – C$36.96 |
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