Best Renewable Energy Stocks this March 2026

Ormat Technologies (ORA) specializes in geothermal and solar power projects, making it an attractive option for investors seeking exposure to renewable energy. With a robust one-year return of 54.31% and a five-year return of 30.55%, the company demonstrates strong growth potential. Analysts have set a median price target of $136.00, with a range between $108.00 and $143.00, reflecting a cautious but optimistic outlook.

Brookfield Renewable Partners (BEP) operates a diverse portfolio of renewable energy assets, including wind, solar, and hydro projects, with a strong presence in the U.S. With a solid dividend yield of 4.75% and a notable 1-year return of 42.3%, BEP is viewed favorably by analysts, earning a consensus rating of Buy from 10 analysts. The median price target is set at $35.00, reflecting confidence in the stock's potential for growth.

BEP has a consensus rating of Buy from 10 analysts, with 10% recommending Strong Buy, 70% Buy, and 20% Hold.

The average twelve-month price forecast for Brookfield Renewable Partners (BEP) is $34.79, with a high of $46.00 and a low of $27.00.

Brookfield Renewable stock is considered a buy due to its diversified energy solutions and strong balance sheet.

Constellation Energy (CEG) stands out as a nuclear-focused power generator with exposure to both natural gas and geothermal energy. With a remarkable five-year return of 673.50% and a one-year return of 39.86%, it presents a compelling opportunity for investors seeking growth in the energy sector. Analysts maintain a median 12-month price target of $412, with a favorable B+ rating, indicating strong potential for price appreciation in the coming year.

Constellation Energy, currently priced around $295, appears modestly undervalued, with future growth expected from nuclear asset optimization and rising electricity demand.

NextEra Energy (NEE) stands out as the largest U.S. utility, with a robust renewable generation portfolio that includes extensive wind, solar, and battery projects. With analysts assigning a median 12-month price target of $92.00 and a solid 1-year return of 29.28%, it remains an attractive prospect for investors seeking growth, as earnings and revenue are forecasted to increase by 10.7% and 8.8% annually, respectively. The company also offers a dividend yield of 2.48%, making it a compelling choice for those focused on reliable income from financially healthy operations.

NextEra Energy is projected to grow earnings by 10.7% and revenue by 8.8% annually, with an expected EPS growth of 9.8% and a return on equity of 13.3% in three years.

First Solar (FSLR) stands out as a leading global solar manufacturer, boasting a substantial contracted backlog of approximately 64 GW that extends through 2030 and is fully booked until 2026. With an impressive 1-year return of 54.77% and a remarkable 5-year return of 150.42%, this stock is gaining attention from analysts who have set a median 12-month price target of $275.00, reflecting a potential undervaluation of 28.3% according to Discounted Cash Flow analysis.

Our Discounted Cash Flow analysis indicates that First Solar is undervalued by 28.3%. For more details, refer to the Valuation section of our Company Report.

Southern Company (SO) is a major utility in the southeastern U.S., committed to modernizing the grid and transitioning to cleaner energy sources. This strategy pairs well with a solid dividend yield of 3.22% and a strong 5-year return of 68.07%. Analysts maintain a consensus rating of Hold, with a median 12-month price target of $102, reflecting cautious optimism around its financial stability and growth potential.

Southern Company (SO) has a consensus rating of Hold from 15 analysts, with 20% recommending Buy, 73% suggesting Hold, and 7% advising Sell.

Southern Company (SO) has increased its dividends for 25 consecutive years, indicating strong financial stability and a reliable dividend payout.

Quanta Services (PWR) stands out in the infrastructure sector, catering to electric and gas utilities, renewable energy, communications, and pipeline industries across North America and Australia. With a remarkable 1-year return of 125.58% and a 5-year return of 584.15%, it’s an attractive option for investors looking for growth, despite some analysts suggesting it may be overvalued in the current market.

PWR stock has a bullish consensus from 35 Wall Street analysts, with a median price target of $604.00, suggesting a potential upside of 6.9% from its current price of $565.05.

As of February 2026, 64.7% of analysts believe PWR is overvalued, trading near $412 while serving as a primary contractor for data center infrastructure.

PWR's intrinsic value is estimated at $260.08, indicating it is currently overvalued by 54% compared to its market price of $563.41.

Clearway Energy (CWEN) operates a robust portfolio of over 13 GW of capacity, primarily in renewable sectors like solar, wind, and storage, with most assets backed by long-term power purchase agreements. This makes it an attractive option for investors seeking reliable income and growth, as reflected in its impressive 4.72% dividend yield and strong 1-year return of 37.97%. Analysts are optimistic, with a consensus rating of Buy and a median price target of $41.00, underscoring its potential as a solid long-term hold.

Clearway Energy (CWEN) has a consensus rating of Buy from 7 analysts, with 43% recommending a Strong Buy and 43% recommending Buy.

Clearway Energy is considered a strong long-term hold due to its high-yielding dividends, which are expected to grow over time.

The recent increase in Clearway Energy's quarterly dividend to $0.4602 per share reflects confidence in the sustainability of its payout.

Clearway Energy is projected to grow earnings by 8.2% and revenue by 10.3% annually, although EPS is expected to decline by 51.7% per year.

SolarEdge (SEDG) is recognized as a growing player in the solar generation and component manufacturing sector, though it faces challenges from cyclical demand and pricing pressures. The stock has seen a remarkable 1-year return of 167.59%, despite a significant 5-year decline of 86.24%. Analysts maintain a cautious outlook, with a median 12-month price target of $33.00, reflecting ongoing concerns about the company's revenue trajectory and competitive landscape.

The lawsuit alleges that SolarEdge made false statements and failed to disclose important facts about its business and compliance policies during the Class Period.

SEDG is facing challenges from cyclical solar demand, pricing competition, and a decline in revenue since its 2022 peak, leading to negative growth rates over the past three years.

Analysts have a neutral consensus on SEDG with a median price target of $35.50, suggesting a slight upside from its current trading price of $35.40.