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OPAL

OPAL Fuels Inc.

OPAL

NASDAQ·Utilities·Regulated Gas·Mkt cap $62.2M

$2.11

-4.09%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$1.65 - $2.87

P/E

34.31

Fwd P/E

4.82

Beta

0.77

Div Yield

0.00%

Avg Vol

230.9K

Shares Out

29.0M

Mkt Cap

$62.2M

Price action

Price chart

Down 14.7% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Vertically integrated biogas-to-fuel platform with 24+ operational projects
  • Established fueling infrastructure network serving heavy-duty trucking fleets
  • Multiple revenue streams from single assets (RNG, renewable power, station services)
  • Early-mover advantage in hydrogen fueling station development
  • 25+ year operational history since 1998 with proven execution capability

Bear Case

1 risk

  • Low volatility (beta 0.8).

Growth

Moderate growth ahead

Increasing EPA and state regulations mandating fleet emissions reductions

Value

Deep value opportunity - significant discount to Gas Utilities peers

Momentum

Weak

-8.0% over 3m

Quality

Stable

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 6, 2026

Q2 26 RECAP

MAY 11, 2026

Reported EPS of -$0.09 vs $0.07 consensus (-228.6% surprise). Revenue of $73.4M vs $93.9M expected (-21.8%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-228.6%

Next: May 6, 2026

Revenue trend · last 8Q

-8%

+31%

+13%

-1%

+25%

-13%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$71.0M

$84.0M

$80.0M

$85.4M

$80.5M

$83.4M

$99.8M

$73.9M

Margins · last 8Q

Gross

Operating

Profit

9.3%

Wall Street consensus

1 analyst · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

0%

Sell

1

100%

Median Price Target

Latest: Goldman Sachs · Mar 17, 2026

vs Industry

How OPAL stacks vs Regulated Gas

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.