Stock Markets February 20, 2026

WarrenAI Ranks Five Solar Stocks Poised for Diverse Risk-Reward Profiles in 2026

Investing Pro metrics highlight established leaders, high-growth names and turnaround plays across the solar sector

By Avery Klein FSLR NXT ARRY ENPH RUN
WarrenAI Ranks Five Solar Stocks Poised for Diverse Risk-Reward Profiles in 2026
FSLR NXT ARRY ENPH RUN

WarrenAI used Investing Pro data to rank five solar companies based on Fair Value, Pro scores, technical indicators, analyst price targets and other metrics. The list spans an industry leader with strong margins, high-growth equipment suppliers, a value-oriented panel tracker maker, a microinverter specialist with volatile returns, and a residential solar installer facing heavy leverage and investor-driven speculation.

Key Points

  • WarrenAI used Investing Pro metrics - including Fair Value, Pro scores, technical indicators and analyst price targets - to rank leading solar equities.
  • The five highlighted firms represent different segments of the solar industry: module manufacturing (First Solar), tracking systems (Nextracker, Array Technologies), microinverters (Enphase Energy), and residential installation (Sunrun).
  • Significant divergences exist across the group in leverage, recent revenue growth, and analyst expectations, affecting their respective risk-reward profiles and relevance to sectors such as industrial equipment, renewable manufacturing, and residential energy services.

Solar equities have come under renewed scrutiny as investors balance expansion potential against balance-sheet strength and valuation. WarrenAI applied Investing Pro inputs - including Fair Value, Pro scores, technical indicators and analyst price targets - to identify five companies that currently stand out within the sector. The resulting list presents a cross-section of profiles: an established module leader, a tracking equipment supplier with rapid returns, a value play in array tracking, a microinverter maker with uneven recent returns, and a residential installer showing speculative interest despite financial strain.


How the rankings were derived

WarrenAI’s rankings draw on Investing Pro metrics such as Fair Value estimates, Pro scores, technical-read indicators and consensus analyst price targets, combined with key financial ratios and recent operating results. The analysis highlights a range of risk and reward characteristics rather than a single investment thesis.


Top five solar names highlighted

  • First Solar (NASDAQGS:FSLR) - Trading at $241.88. First Solar tops the WarrenAI list with a Pro Score of 3.31 (GREAT) and an analyst price target of $280.20, which is presented as implying 52.1% upside. The company reported 79.7% revenue growth in Q3 2025, paired with a low debt-to-equity ratio of 9.0% and a robust EBITDA margin of 43.2%. EPS is forecast to rise 21.9% in 2025. Technical indicators are described as Strong Buy across most timeframes, and a PEG ratio of 0.75 is cited as suggesting valuation may be low relative to expected growth.

  • Nextracker (NASDAQGS:NXT) - Priced at $119.35. Nextracker has delivered a 139.7% return over the past year and carries a Pro Score of 3.44 (GREAT), reflecting what WarrenAI identifies as strong financial health. Reported figures include a debt-to-equity ratio of 2.1% and a return on equity of 39.3%. Analysts’ consensus target is $121.74, which the dataset describes as representing 32.9% upside. The stock shows a PEG ratio of 0.86 and a beta of 2.36, the latter indicating elevated volatility.

  • Array Technologies (NASDAQGM:ARRY) - At $11.25. Array is characterized as a value-oriented option with a Pro Score of 2.46 (FAIR). The company’s Q3 2025 revenue growth is reported to have rebounded 70%, and it is noted to lead the sector with a free cash flow yield of 19.5%. Analysts’ price target is listed as $11.05, which the ranking presents as implying 65.6% upside. The profile includes recent analyst upgrades and improving technicals that support a turnaround narrative, while also flagging that the company’s debt structure requires scrutiny.

  • Enphase Energy (NASDAQGM:ENPH) - Trading at $46.57. Enphase has shown recent short-term momentum with a 28.2% gain over the past month, despite a negative 33.1% return over the past year. WarrenAI gives the company a Pro Score of 1.98 (FAIR) and reports a PEG ratio of 0.32, which the analysis frames as indicative of deep value. EPS growth is forecast at 66.9% for 2026. The company is described as holding more cash than debt, though margin pressures are noted as an ongoing issue.

  • Sunrun (NASDAQGS:RUN) - At $20.28. Sunrun has recorded a 134.7% one-year return but carries a WEAK Pro Score of 1.67 in the WarrenAI ranking. The company’s financial position is described as challenged, with a debt-to-equity ratio of 513% and negative free cash flow. The profile also notes a 15 million share stake by Goldman Sachs and upcoming board nominations that have contributed to speculative interest. EPS growth is forecast at 111.3% for 2025.


Context and takeaways

The five companies span different parts of the solar value chain - manufacturing, component suppliers, tracker equipment, and residential installation - and the WarrenAI output emphasizes contrasting combinations of growth, valuation and leverage. Investors reading these metrics will observe sizable differences in balance-sheet strength, recent revenue growth and analyst expectations among the names identified.


Summary

WarrenAI’s Investing Pro-based ranking surfaces five solar stocks with distinct profiles: First Solar as a high-margin module leader, Nextracker as a rapidly appreciating equipment supplier, Array Technologies as a value and turnaround candidate, Enphase as a microinverter firm with recent volatility but strong EPS growth forecasts, and Sunrun as a residential installer with heavy leverage yet elevated investor interest tied to a large stake and governance developments.

Risks

  • Balance-sheet weaknesses - Several firms show materially different leverage metrics, notably Sunrun’s 513% debt-to-equity ratio and negative free cash flow, which could affect the residential solar services sector.
  • Volatility and technical risk - Stocks such as Nextracker, with a beta of 2.36, and Enphase, which has a negative one-year return despite recent monthly gains, indicate elevated price volatility that can impact short-term equity market performance.
  • Turnaround uncertainty - Array Technologies is presented as a turnaround candidate with improving technicals but a debt structure that warrants scrutiny, introducing execution risk within solar equipment and infrastructure markets.

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