- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
OPAL Fuels Inc(OPAL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for OPAL
10/19/2026: OPAL (1-star) is currently NOT-A-BUY. Pass it for now.
OPAL Fuels Inc is a renewable energy company focused on producing renewable natural gas (RNG) and operating fueling infrastructure for heavy-duty commercial vehicles. The company’s primary strength is its vertically integrated business model, which allows it to control the production of RNG and its distribution to customers. Its main growth opportunity lies in the ongoing shift toward decarbonizing commercial transportation. However, the company faces risks related to capital-intensive project execution, reliance on government policy, and competition from battery-electric technologies. It may best suit growth-oriented investors looking for exposure to the clean energy transition, though investors should monitor project construction timelines and shifts in environmental credit regulations.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit while signal remains positive | The company is in an active growth phase, expanding its infrastructure to capture long-term demand for renewable fuels. |
| Momentum investor | Mixed fit | Momentum is conditional on positive catalysts such as new project commissioning or favorable regulatory announcements. |
| Value investor | Weak fit | The valuation is often driven by future growth potential rather than current earnings multiples. |
| Dividend investor | Weak fit | The company currently reinvests all capital into expansion and does not provide a dividend yield. |
| Low-risk investor | Weak fit | Exposure to regulatory policy and capital-intensive project risk results in higher volatility for the stock. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to swings in energy prices and policy-driven market sentiment. |
| Valuation risk | Medium / high | Growth expectations are heavily baked into the valuation, making the stock sensitive to project delays. |
| Competition risk (energy transition) | Medium | Technological shifts toward battery-electric alternatives represent a long-term competitive challenge. |
| Business quality | Medium | While the business model is solid, it remains reliant on capital market health for infrastructure funding. |
| Dividend income | Low / none | Investors should not expect income, as capital is prioritized for growth. |
| Execution risk | Medium / high | Success depends on the reliable engineering and commissioning of complex RNG facilities. |
Price Behavior

Downtrend
The stock has experienced a sustained decline in price over recent periods.

Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -54.68% | Avg. Invested days 19 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 272.52M USD | Price to earnings Ratio - | 1Y Target Price 3.13 |
Price to earnings Ratio - | 1Y Target Price 3.13 | ||
Volume (30-day avg) 304.6K shares | Beta 0.79 | 52 Weeks Range 1.50 - 2.87 | Updated Date 10/18/2026 |
52 Weeks Range 1.50 - 2.87 | Updated Date 10/18/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.01 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| RNG Production | Sale of captured methane and environmental credits. | Profit comes from turning waste into fuel and selling the carbon credits associated with that reduction. |
| Fueling Operations | Fuel sales, station maintenance, and infrastructure service fees. | Revenue is earned by providing the physical infrastructure and fuel supply for large truck fleets. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 3.84 | Enterprise Value 396.67M | Price to Sales(TTM) 0.8 |
Enterprise Value 396.67M | Price to Sales(TTM) 0.8 | ||
Enterprise Value to Revenue 1.17 | Enterprise Value to EBITDA 13.73 | Shares Outstanding 30.29M | Shares Floating 16.86M |
Shares Outstanding 30.29M | Shares Floating 16.86M | ||
Percent Insiders 26.48 | Percent Institutions 61.38 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.

