5 Most Promising Solar Stocks According to Analysts

4. Emeren Group Ltd (NYSE:SOL)

Average Analyst Price Target Upside: 94.25%

Average Analyst Price Target: $5.07

Emeren Group Ltd (NYSE:SOL) is a Connecticut-based owner, developer, builder, operator, and marketeer of solar power projects.

On November 21, Emeren Group Ltd (NYSE:SOL) announced its third-quarter earnings result with a GAAP EPS of -$0.17 and revenue of $13.9 million.

On November 9, Emeren Group Ltd (NYSE:SOL) reported a second deal with Matrix Renewables by selling a portfolio comprising five Battery Energy Storage Systems in Southern Italy.

On November 14, Emeren Group Ltd (NYSE:SOL) announced that it signed a sales and purchase agreement with Rubis Photosol for a 29 MWp solar PV portfolio in Spain. The projects are expected to be operational in the second half of 2025, and the PV solar trackers are expected to generate around 57,000 MWh of clean energy.

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