In this article, we will take a look at the 5 Best Wind Power and Solar Stocks to Buy Right Now. For deeper discussion and analysis, have a look at the 8 Best Wind Power and Solar Stocks to Buy Right Now.
5. Sunrun Inc. (NASDAQ:RUN)
Number of Hedge Fund Holders: 35
Sunrun Inc. (NASDAQ:RUN) is the leading home solar panel and battery storage company in the United States.
On April 16, JPMorgan lowered its price target on Sunrun Inc. (NASDAQ:RUN) from $25 to $22, but maintained its ‘Overweight’ rating on the shares. The trimmed target, which still reflects a robust upside of over 80% from the current levels, comes as the analyst firm revised its targets in the clean energy and power infrastructure group as part of a Q1 preview.
With ongoing announcements of data center contracts and rising order volumes, JPMorgan sees a “catalyst-rich environment” in the sector that is likely to continue supporting a positive investor sentiment. The analyst firm continues to prefer stocks that maintain a strong exposure to US-based manufacturing, diversified end markets, and healthy balance sheets.
Despite the target cut by JPMorgan, Sunrun Inc. (NASDAQ:RUN) maintains a strong average upside potential of over 80%, putting it among the 15 Best American Energy Stocks to Buy According to Wall Street Analysts.
4. Clearway Energy, Inc. (NYSE:CWEN)
Number of Hedge Fund Holders: 36
Clearway Energy, Inc. (NYSE:CWEN) is a leading independent clean power developer and operator with over 350 clean energy projects across America.
On April 14, Morgan Stanley analyst Robert Kad raised the firm’s price target on Clearway Energy, Inc. (NYSE:CWEN) from $50 to $56, while maintaining an ‘Overweight’ rating on the shares. The bumped target, which indicates an upside of over 44% from the current levels, comes as the analyst firm revised its estimates as part of its North American midstream and renewable energy infrastructure weekly update.
Clearway Energy, Inc. (NYSE:CWEN) continues to benefit from the ongoing AI boom, having signed approximately 2 GW of new PPAs with hyperscalers and utilities serving data centers in 2025 alone. The company is targeting a CAFD in the range of $470 million to $510 million for FY 2026. Moreover, it remains on track toward its 2030 CAFD goal of $2.90 to $3.10 per share, indicating a 7% to 8% CAGR from 2025, while also “laying the groundwork for sustained growth beyond 2030”.
3. Nextpower Inc. (NASDAQ:NXT)
Number of Hedge Fund Holders: 42
Nextpower Inc. (NASDAQ:NXT) designs, engineers, and delivers an advanced energy technology platform for solar power plants, innovating across structural, electrical, and digital domains.
On April 15, Goldman Sachs bumped its price target on Nextpower Inc. (NASDAQ:NXT) from $133 to $140, while keeping a ‘Buy’ rating on the shares. The revised target represents an upside of more than 29% from the current price levels and comes as part of a broader research note previewing Q1 results in the solar group.
Goldman Sachs believes that Nextpower Inc. (NASDAQ:NXT) can continue building on its strong momentum, having reported orders of over $1 billion in the past two quarters. The analyst expects the company to provide more detailed insights around its new business segments, along with updates on its expansion into global markets, in its upcoming Q4 2026 report.
Nextpower Inc. (NASDAQ:NXT) recently raised its FY 2026 outlook. The company now expects a revenue of between $3.425 billion and $3.5 billion, adjusted EBITDA in the range of $810 million and $830 million, and adjusted diluted earnings per share between $4.26 to $4.36 for the year. However, the revised guidance assumes that the “current U.S. policy environment remains intact and permitting processes and time lines will remain consistent with historical levels.”
2. NextEra Energy, Inc. (NYSE:NEE)
Number of Hedge Fund Holders: 72
With a market cap of almost $192 billion as of the writing of this article, NextEra Energy, Inc. (NYSE:NEE) is the most valuable utility company in the world. The company boasts a diverse mix of energy sources, including natural gas, nuclear, renewable energy, and battery storage.
On April 17, Morgan Stanley lowered its price target on NextEra Energy, Inc. (NYSE:NEE) from $110 to $108, but maintained its ‘Overweight’ rating on the shares. The target cut still represents an upside potential of over 17% from the current share price, and comes as part of the analyst firm updating its estimates as we head into the Q1 earnings season.
On the other hand, BofA turned more bullish on NextEra Energy, Inc. (NYSE:NEE) earlier this month and raised its price target on the stock from $87 to $95 (read more details here).
NextEra Energy, Inc. (NYSE:NEE) is expecting an adjusted EPS in the range of $3.92 to $4.02 per share for FY 2026, up from $3.71 per share achieved last year. Moreover, the company is targeting to grow this adjusted EPS at a CAGR of over 8% through 2032 and then the same from 2032 through 2035, all off the 2025 base.
1. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holders: 115
Topping our list of the Best Clean Energy Stocks is GE Vernova Inc. (NYSE:GEV). It is a company that engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa.
On April 16, JPMorgan analyst Mark Strouse boosted the firm’s price target on GE Vernova Inc. (NYSE:GEV) from $1,000 to $1,150, while keeping an ‘Overweight’ rating on the shares. The revised target reflects an upside of over 16% from the current price levels.
At the same time, JPMorgan also removed GE Vernova Inc. (NYSE:GEV) from its Analyst Focus List. GEV has surged by over 45% since the beginning of this year, so the analyst firm now sees a limited upside for the stock. That said, JPMorgan believes that the company should post a strong Q1 performance, with continued strength in Power orders and margin expansion driven by the “robust demand and favorable pricing”.
GE Vernova Inc. (NYSE:GEV) revised its FY 2026 guidance in its last earnings call. The company is now projecting a revenue of $44 billion to $45 billion for the year, up from its previous forecast of $41 billion to $42 billion. Similarly, its free cash flow guidance for the year was also increased to the range of $5 billion and $5.5 billion.
GE Vernova Inc. (NYSE:GEV) was also recently included in our list of the 15 Best Blue Chip Stocks to Buy Now.
While we acknowledge the potential of GEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GEV and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 10 Best Affordable Blue Chip Stocks to Buy Now and 12 Most Undervalued Natural Gas Stocks to Buy Now
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
