OPAL Fuels Inc. (OPAL) AI Stock Analysis

OPAL Fuels Inc. produces and distributes renewable natural gas for heavy and medium-duty vehicle trucking fleets. It designs, develops, constructs, operates, and maintains fueling stations for fleets switching from diesel to natural gas. The company also specializes in designing, developing, and constructing hydrogen fueling stations to support alternative fueling technologies. In addition, OPAL Fuels generates and sells renewable electricity to utilities. Founded in 1998 and headquartered in White Plains, New York, the company operates across renewable fuel production, clean transportation infrastructure, and renewable power generation.

OPAL Fuels delivered a 5-year revenue CAGR of 24.3% from FY2020 to FY2025, expanding annual revenue from $166.1M in FY2021 to $349.0M in FY2025. Gross margin reached 30.4% in FY2025, while operating margin was 1.4% and net income totaled $14.8M. Over prior years, net income fluctuated from $210,000 in FY2021 to $29.9M in FY2023 and $11.0M in FY2024. In the trailing twelve months, revenue reached $339.9M with an operating margin of 2.1% and a net profit margin of 5.5%. For the latest quarter ended June 30, 2026, quarterly revenue grew 3.7% year-over-year, but quarterly earnings declined 41.3%.

As of June 30, 2026, OPAL Fuels held $91.4M in cash and short-term investments against total debt of $431.7M, resulting in net debt of $340.3M. Total assets stood at $1.04B and shareholders' equity was $26.4M, establishing a debt-to-equity ratio of 16.38 and a current ratio of 1.82. During FY2025, the company generated $36.5M in operating cash flow. However, capital expenditures of $70.7M resulted in free cash flow of -$34.2M, while dividends paid totaled $10.5M.

At a last close of $1.56 on October 16, 2026, OPAL Fuels traded at a market capitalization of $272.5M and an enterprise value of $396.7M. The stock trades at a forward P/E of 3.8x, lower than the 17.2x median of its US-listed Industrials peers. Its price-to-sales ratio of 0.8x and EV/EBITDA of 13.7x also sit below the peer medians of 1.5x and 13.9x, respectively. Over the past year, OPAL declined 39.1%, while the S&P 500 gained 16.8%. Over five years, the stock fell 84.0% compared to an 83.0% gain for the index.

Wall Street analysts cover OPAL Fuels with 2 Strong Buy, 2 Hold, and 1 Strong Sell ratings. The mean price target is $3.13, which is 100.6% above the last close of $1.56. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $361.4M and EPS of $1.83. For the following fiscal year, 1 analyst projects revenue of $408.9M and EPS of $2.04. OPAL has beaten EPS estimates in 2 of the last 4 quarters, and its next earnings date is November 5, 2026.

This page is an AI-written research summary of OPAL Fuels Inc. (OPAL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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