OPAL Fuels Inc.

OPAL Fuels Inc. Stock Forecast & Price Prediction

Live OPAL Fuels Inc. Stock (OPAL) Price
$3.89

8

Ratings

  • Buy 6
  • Hold 1
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$3.89

P/E Ratio

20.50

Volume Traded Today

$52,300

Dividend

Dividends not available for OPAL

52 Week High/low

6.08/3.04

OPAL Fuels Inc. Market Cap

$641.2M

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OPAL Summary

From what 8 stock analysts predict, the share price for OPAL Fuels Inc. (OPAL) might increase by 90.87% in the next year. This is based on a 12-month average estimation for OPAL. Price targets go from $3.9 to $10. The majority of stock analysts believe OPAL is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

OPAL Analyst Ratings

About 8 Wall Street analysts have assignedOPAL 6 buy ratings, 1 hold ratings, and 1 sell ratings. This means that analysts expect OPAL Fuels Inc. to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on OPAL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

OPAL stock forecast by analyst

These are the latest 20 analyst ratings of OPAL.

Analyst/Firm

Rating

Price Target

Change

Date

Paul Cheng
Scotiabank

Sector Perform

$5

Downgrade

Sep 3, 2024
William Grippin
UBS

Buy

$7.5

Maintains

Aug 9, 2024
Adam Bubes
Goldman Sachs

Sell

$3.9

Maintains

Aug 9, 2024
Ryan Pfingst
B. Riley Securities

Buy

$10

Maintains

Jun 7, 2024
Ryan Todd
Piper Sandler

Overweight

$8

Maintains

Apr 18, 2024
Paul Cheng
Scotiabank

Sector Outperform

$8

Maintains

Apr 11, 2024
William Grippin
UBS

Buy

$8

Maintains

Mar 19, 2024
Adam Bubes
Goldman Sachs

Sell

$5

Maintains

Mar 15, 2024
Ryan Pfingst
B. Riley Securities

Buy

$10

Maintains

Mar 7, 2024
Derrick Whitfield
Stifel

Buy

$13

Maintains

Jan 23, 2024
Derrick Whitfield
Stifel

Buy

$14

Maintains

Nov 27, 2023
Paul Cheng
Scotiabank

Sector Outperform


Initiates

Sep 29, 2023
Derrick Whitfield
Stifel

Buy

$16

Maintains

Sep 25, 2023
Adam Bubes
Goldman Sachs

Sell

$5.8

Initiates

Sep 15, 2023
Ryan Todd
Piper Sandler

Overweight

$12

Maintains

Jun 6, 2023
Thomas Meric
Janney Montgomery Scott

Buy

$13

Initiates

May 26, 2023
Ryan Pfingst
B. Riley Securities

Buy

$14

Reiterates

Mar 24, 2023
Ryan Todd
Piper Sandler

Overweight

$12

Initiates

Feb 28, 2023
Ryan Pfingst
B. Riley Securities

Buy

$14

Initiates

Dec 15, 2022
Martin Malloy
Johnson Rice

Buy

$13

Initiates

Dec 15, 2022

OPAL Company Information

What They Do: Produces renewable natural gas for vehicle fuel.

Business Model: The company operates by producing and distributing renewable natural gas, primarily targeting heavy and medium-duty trucking fleets. It generates revenue through the sale of renewable natural gas and by designing, developing, and constructing natural gas and hydrogen fueling stations. This model allows OPAL Fuels to cater to the growing demand for cleaner transportation fuels and renewable energy solutions.

Other Information: Based in White Plains, New York, OPAL Fuels also engages in the generation and sale of renewable power to utilities, diversifying its revenue streams and enhancing its portfolio in the renewable energy sector.
OPAL
OPAL Fuels Inc. (OPAL)

When did it IPO

2021

Staff Count

326

Country

United States

Sector/Industry

Utilities/Utilities - Regulated Gas

CEO

Market Cap

$641.2M

OPAL Fuels Inc. (OPAL) Financial Data

In 2023, OPAL generated $256.1M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that OPAL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$256.1M

0.00 %
From Previous Year
  • Revenue TTM $307.0M
  • Operating Margin TTM 10.1%
  • Gross profit TTM $67.3M
  • Return on assets TTM 2.2%
  • Return on equity TTM 8.8%
  • Profit Margin 5.0%
  • Book Value Per Share -6.33%
  • Market capitalisation $641.2M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $256.1M
  • EPS this year (TTM) $0.18

OPAL Fuels Inc. (OPAL) Latest News

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - OPAL Fuels, an RNG producer, shows revenue growth and increased capacity despite a 30% YTD stock decline. The RNG market is projected to grow to $24.23 billion by 2031, supporting a "buy" rating.

Why It Matters - OPAL Fuels shows strong revenue growth and production capacity in a rapidly expanding RNG market, with undervaluation suggesting potential for recovery and profit, making it an attractive investment opportunity.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - OPAL Fuels Inc. (NASDAQ: OPAL) will hold its Q3 2024 earnings call on November 8, 2024, at 11:00 AM ET, featuring key executives and various financial analysts.

Why It Matters - The Q3 earnings call for OPAL Fuels will provide insights into financial performance and strategic direction, influencing stock valuations and investor sentiment.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - OPAL Fuels Inc. (Nasdaq: OPAL) reported strong Q3 results for 2024, highlighting progress in capturing and converting biogas into renewable natural gas and power, with positive momentum for future growth.

Why It Matters - Strong quarterly results and strategic execution signal growth potential for OPAL Fuels, indicating favorable conditions for future investments in the renewable energy sector.

News Image

Thu, 07 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - OPAL Fuels Inc. reported quarterly earnings of $0.09 per share, missing the $0.18 estimate, compared to a loss of $0.01 per share in the same quarter last year.

Why It Matters - OPAL Fuels Inc.'s earnings miss signals potential operational issues, affecting investor confidence and future stock performance. Year-over-year loss indicates ongoing challenges.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - OPAL Fuels Inc. has begun construction on a landfill-gas-to-RNG facility at Kirby Canyon Landfill in California, with a capacity of 0.66 million MMBtus, fully owned by the company.

Why It Matters - The commencement of OPAL Fuels' new RNG facility signals growth in renewable energy capacity, potentially boosting revenue and enhancing sustainability credentials, which may attract environmentally-conscious investors.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - OPAL Fuels Inc. is not expected to meet the criteria for a likely earnings beat in its upcoming report, according to recent analysis.

Why It Matters - The lack of key ingredients for an earnings beat signals potential underperformance, affecting investor sentiment and stock valuation for OPAL Fuels Inc.

...

OPAL Frequently asked questions

The highest forecasted price for OPAL is $10 from Ryan Pfingst at B. Riley Securities.

The lowest forecasted price for OPAL is $3.9 from Adam Bubes from Goldman Sachs

The OPAL analyst ratings consensus are 6 buy ratings, 1 hold ratings, and 1 sell ratings.