The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how renewable energy stocks fared in Q4, starting with Sunrun (NASDAQ: RUN).

Renewable energy companies are buoyed by the secular trend of green energy that is upending traditional power generation. Those who innovate and evolve with this dynamic market can win share while those who continue to rely on legacy technologies can see diminishing demand, which includes headwinds from increasing regulation against “dirty” energy. Additionally, these companies are at the whim of economic cycles, as interest rates can impact the willingness to invest in renewable energy projects.

The 17 renewable energy stocks we track reported a mixed Q4. As a group, revenues beat analysts’ consensus estimates by 7.8% while next quarter’s revenue guidance was in line.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9% since the latest earnings results.

Sunrun (NASDAQ: RUN)

Helping homeowners use solar energy to power their homes, Sunrun (NASDAQ: RUN) provides residential solar electricity, specializing in panel installation and leasing services.

Sunrun reported revenues of $1.16 billion, up 124% year on year. This print exceeded analysts’ expectations by 92.3%. Overall, it was an incredible quarter for the company with an impressive beat of analysts’ ARR and EPS estimates.

“Sunrun is delivering innovative, storage-first energy offerings that protect American families from rising utility costs and an increasingly unreliable power grid. As we continue to scale our network of over one million customers, we are building a distributed power plant that we believe is critical in meeting the nation’s urgent demand for more power. We are executing on this vital mission from a position of financial strength – generating strong margins and structurally generating cash,” said Mary Powell, Sunrun’s Chief Executive Officer.

Sunrun scored the biggest analyst estimates beat of the whole group. The company added 27,773 customers to reach a total of 1.17 million. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 32.9% since reporting and currently trades at $13.69.

We think Sunrun is a good business, but is it a buy today? Read our full report here, it’s free.

Bloom Energy (NYSE: BE)

Working in stealth mode for eight years, Bloom Energy (NYSE: BE) designs, manufactures, and markets solid oxide fuel cell systems for on-site power generation.

Bloom Energy reported revenues of $777.7 million, up 35.9% year on year, outperforming analysts’ expectations by 18.7%. The business had an incredible quarter with a beat of analysts’ EPS and EBITDA estimates.

The market seems happy with the results as the stock is up 6.5% since reporting. It currently trades at $145.43.

Is now the time to buy Bloom Energy? Access our full analysis of the earnings results here, it’s free.

Slowest Q4: Generac (NYSE: GNRC)

With its name deriving from a combination of “generating” and “AC”, Generac (NYSE: GNRC) offers generators and other power products for residential, industrial, and commercial use.

Generac reported revenues of $1.09 billion, down 11.6% year on year, falling short of analysts’ expectations by 5.9%. It was a disappointing quarter as it posted a significant miss of analysts’ revenue and adjusted operating income estimates.

Interestingly, the stock is up 7.7% since the results and currently trades at $196.25.

Read our full analysis of Generac’s results here.

American Superconductor (NASDAQ: AMSC)

Founded in 1987, American Superconductor (NASDAQ: AMSC) has shifted from superconductor research to developing power systems, adapting to changing energy grid needs and naval technology requirements.

American Superconductor reported revenues of $74.53 million, up 21.4% year on year. This result surpassed analysts’ expectations by 8%. It was a very strong quarter as it also put up a beat of analysts’ EPS and EBITDA estimates.

The stock is up 19.2% since reporting and currently trades at $32.91.

Read our full, actionable report on American Superconductor here, it’s free.

Array (NASDAQ: ARRY)

Going public in October 2020, Array (NASDAQ: ARRY) is a global manufacturer of ground-mounting tracking systems for utility and distributed generation solar energy projects.

Array reported revenues of $226 million, down 17.9% year on year. This print topped analysts’ expectations by 6.1%. Zooming out, it was a softer quarter as it recorded full-year EBITDA guidance missing analysts’ expectations and a significant miss of analysts’ adjusted operating income estimates.

Array had the slowest revenue growth among its peers. The stock is down 36.5% since reporting and currently trades at $6.99.

Read our full, actionable report on Array here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.