5 Best Solar Energy Stocks to Buy Right Now

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In this article, we will list the 5 Best Solar Energy Stocks to Buy Right Now. Please visit 8 Best Solar Energy Stocks to Buy Right Now to see the extended list and the methodology behind it.

5. SolarEdge Technologies Inc. (NASDAQ:SEDG)

Number of Hedge Fund Holders: 35

SolarEdge Technologies Inc. (NASDAQ:SEDG) is one of the best solar energy stocks to buy right now. On May 6, SolarEdge reported Q1 2026 revenues of $310.5 million, representing 46% year-over-year growth despite a 7.4% sequential decline from the previous quarter. The company posted a GAAP net loss of $57.4 million, or $0.95 per share, which showed improvement compared to the $132.1 million loss in Q4 2025. During the period, SolarEdge recognized revenue from approximately 50.5 thousand inverters, 2.4 million optimizers, and 331 MWh of battery storage.

5 Best Solar Energy Stocks to Buy Right Now

The company achieved its sixth consecutive quarter of margin expansion, with non-GAAP gross margins reaching 23.5%. While operating expenses rose slightly to $123.3 million on a GAAP basis, management noted that excluding a one-time $14 million expense, the underlying operating loss remained flat sequentially. SolarEdge continues to maintain a positive cash position, generating $20.7 million in free cash flow and ending the quarter with a net cash and investment portfolio of $246.2 million.

Looking ahead to Q2 2026, SolarEdge Technologies Inc. (NASDAQ:SEDG) expects revenues to rise to between $325 million and $355 million. Management signaled that a return to operating profitability is in sight, driven by the rollout of the Nexis platform and a new focus on AI data-center power solutions.

SolarEdge Technologies Inc. (NASDAQ:SEDG) develops energy technologies and delivers inverter solutions. The company operates in two segments: solar and all other.

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