In this article, we will look at the 7 Best Geothermal Stocks to Buy Now.
Geothermal stocks are getting a closer look as investors search for cleaner power sources that can do something wind and solar alone cannot always guarantee: provide steadier electricity around the clock. Rising electricity needs from data centers, industrial reshoring, and grid modernization are pushing attention toward energy sources that are both cleaner and more dependable. Wellington frames that shift clearly, calling “advanced geothermal” a “clean, firm power supply” and noting that it is “of interest to hyperscalers.” Geothermal is starting to look less like a niche renewable and more like a practical answer to the market’s growing appetite for reliable low-carbon power.
Schroders says renewable assets, including “geothermal,” are “predominantly contracted assets” with “secure income and inflation-linked cash flows,” which helps explain why the space can appeal not just to growth-oriented clean-energy investors but also to those looking for more defensive infrastructure characteristics. Invesco, from a portfolio-construction angle, explicitly includes “geothermal” among “other relevant renewable energy businesses,” treating it as part of the investable clean-energy universe rather than an outlier technology.
Geothermal stocks are not limited to companies that own and operate geothermal power plants. The investable universe includes utilities with geothermal assets, oilfield-service companies adapting drilling and subsurface expertise to geothermal, industrial equipment suppliers, HVAC and heat-pump companies, and engineering consultants.
With that in mind, let’s take a look at the 7 Best Geothermal Stocks to Buy Now.
Our Methodology
We used the Finviz screener to identify geothermal stocks that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
7. Constellation Energy Corporation (NASDAQ:CEG)
On April 21, 2026, Morgan Stanley lowered its price target on Constellation Energy Corporation (NASDAQ:CEG) to $360 from $385 and maintained an Overweight rating as part of a broader update across regulated and diversified utilities and independent power producers in North America. The firm noted that utilities outperformed the S&P in March.
Also on April 21, 2026, Evercore ISI resumed coverage of Constellation Energy Corporation (NASDAQ:CEG) with an Outperform rating and a $380 price target. The firm said that following the completion of Constellation’s $26.6B acquisition of Calpine on January 7, the combined company now has about 55 GW of capacity across nuclear, natural gas, geothermal, hydro, wind, solar, and battery storage, representing what management estimates is roughly 10% of U.S. clean energy production.
Toward the end of March, Constellation issued 2026 adjusted EPS guidance of $11 to $12, below analyst estimates of $12.11. The company also projected base EPS growth of more than 20% from 2026 through 2029, reiterated its long-term target of more than 10% rolling three-year base EPS growth, and increased its share repurchase authorization to $5B.
Constellation Energy Corporation (NASDAQ:CEG) produces and sells energy products and services in the United States.
6. Weatherford International plc (NASDAQ:WFRD)
On April 23, 2026, Piper Sandler raised its price target on Weatherford International plc (NASDAQ:WFRD) to $118 from $115 and maintained an Overweight rating. The firm said management struck a positive tone for the second half of 2026 and beyond, driven by global energy security-related investment. While Piper cut Q2 estimates due to an expected $30M to $50M profit impact in the first half from disruptions in the Middle East, it noted management expects activity to rebound in the second half if the conflict is resolved by the end of Q2. The firm added that a prolonged conflict could create roughly $10M in monthly earnings risk in the second half of the year.
On April 21, 2026, Weatherford reported Q1 EPS of $1.49, above the $1.06 consensus, and revenue of $1.15B versus $1.14B consensus. Girish Saligram said the company delivered strong operating results despite disruptions in the Middle East, citing efforts to protect employees, maintain customer operations, and offset revenue losses and higher costs tied to the Iran conflict through strength in other parts of the business. He added that near-term visibility remains limited, with Q2 expected to be softer than previously anticipated, though the company maintained its second-half outlook and full-year adjusted free cash flow guidance.
Earlier in the month, Weatherford announced plans to redomicile its parent company from Ireland to the U.S., with Texas set to become its new legal home, subject to shareholder and customary approvals. The company said the move is expected to simplify its corporate structure, potentially broaden its U.S. shareholder base, improve flexibility around tax developments, and enhance long-term shareholder value without affecting its global operations.
Weatherford International plc (NASDAQ:WFRD) provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells globally.
While we acknowledge the potential of WFRD to grow, 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 WFRD and that has 100x upside potential, check out our report about the cheapest AI stock.
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