Zintl-phase compounds (, Sr, Ba; , Cd; , P, As, Sb) have recently garnered growing attention in photovoltaic applications. Herein, we systematically investigate some key physical properties (quasiparticle band structures, exciton binding energies, and optical absorption coefficients) of these Zintl-phase materials as solar absorbers via first-principles calculations combining with the approximation and Bethe-Salpeter equation. We demonstrate that the approach accurately predicts the band gaps of compounds with , As, and Sb, whereas achieves better consistency with experimental data for the series. Calculated optical absorption spectra indicate that and exhibit relatively wide band gaps, rendering them promising candidates for top cells in tandem solar configurations. In contrast, (, Sr, Ba) and (, Sr, Ba) feature band gaps well suited for single-junction solar cells, while and , with narrower band gaps, are more suitable for bottom cells in tandem devices. Furthermore, the low exciton binding energies and small carrier effective masses of compounds further underscore their potential for photovoltaic applications.