OPAL Fuels (OPAL) Stock Forecast, Price Target & Predictions
OPAL Stock Forecast
OPAL Fuels stock forecast is as follows: an average price target of $5.00 (represents a 66.11% upside from OPAL’s last price of $3.01) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
OPAL Price Target
The average price target for OPAL Fuels (OPAL) is $5.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $5.00 to $5.00. This represents a potential 66.11% upside from OPAL's last price of $3.01.
OPAL Analyst Ratings
According to 8 Wall Street analysts, OPAL Fuels's rating consensus is 'Buy'. The analyst rating breakdown for OPAL stock is 0 'Strong Buy' (0.00%), 7 'Buy' (87.50%), 1 'Hold' (12.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
OPAL Fuels Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 03, 2024 | Sector Perform | Scotiabank | $5.00 | $3.59 | 39.28% | 66.11% |
| Apr 18, 2024 | Ryan Todd | Piper Sandler | $8.00 | $4.73 | 69.13% | 165.78% |
| Mar 19, 2024 | William Grippin | UBS | $8.00 | $4.76 | 68.07% | 165.78% |
| Dec 15, 2022 | Johnson Rice | $13.00 | $7.41 | 75.44% | 331.89% | |
| Dec 05, 2022 | UBS | $13.00 | $9.41 | 38.15% | 331.89% |
The latest OPAL Fuels stock forecast, released on Sep 03, 2024 by Sector Perform from Scotiabank, set a price target of $5.00, which represents a 39.28% increase from the stock price at the time of the forecast ($3.59), and a 66.11% increase from OPAL last price ($3.01).
OPAL Fuels Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $7.00 |
| Last Closing Price | $3.01 | $3.01 | $3.01 |
| Upside/Downside | -100.00% | -100.00% | 132.56% |
In the current month, the average price target of OPAL Fuels stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to OPAL Fuels's last price of $3.01. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 03, 2024 | Scotiabank | Sector Perform | Downgrade | |
| Jun 06, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 18, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 26, 2023 | Janney Montgomery | Buy | Initialise | |
| May 26, 2023 | JMP Securities | Market Outperform | Initialise | |
| Dec 15, 2022 | Johnson Rice | Buy | Initialise | |
| Dec 15, 2022 | B. Riley Securities | Buy | Initialise | |
| Dec 05, 2022 | UBS | Buy | Initialise | |
| Nov 18, 2022 | Tudor Pickering | Buy | Upgrade |
OPAL Fuels's last stock rating was published by Scotiabank on Sep 03, 2024. The company Downgrade its OPAL rating from "null" to "Sector Perform".
OPAL Fuels Financial Forecast
OPAL Fuels Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $87.01M | $71.10M | $55.04M | $42.96M | $66.72M | $66.55M | - | $49.05M |
| Avg Forecast | $117.51M | $116.16M | $109.59M | $108.23M | $114.53M | $109.42M | $103.12M | $97.70M | $92.74M | $90.05M | $81.72M | $81.81M | $89.22M | $78.06M | $61.39M | $71.03M | $71.54M | $81.00M | $66.00M | $78.00M |
| High Forecast | $125.57M | $124.12M | $117.10M | $115.65M | $122.38M | $116.92M | $110.19M | $102.90M | $99.10M | $90.99M | $81.72M | $81.81M | $99.65M | $78.16M | $65.60M | $75.89M | $76.44M | $81.00M | $66.00M | $78.00M |
| Low Forecast | $108.25M | $107.00M | $100.95M | $99.70M | $105.50M | $100.79M | $94.99M | $92.51M | $85.43M | $89.12M | $81.72M | $81.81M | $78.79M | $77.95M | $56.55M | $65.43M | $65.90M | $81.00M | $66.00M | $78.00M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.91% | 0.90% | 0.60% | 0.93% | 0.82% | - | 0.63% |
OPAL Fuels's average Quarter revenue forecast for Mar 24 based on 2 analysts is $81.81M, with a low forecast of $81.81M, and a high forecast of $81.81M. OPAL's average Quarter revenue forecast represents a -5.97% decrease compared to the company's last Quarter revenue of $87.01M (Dec 23).
OPAL Fuels EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $20.09M | $1.08M | $119.37M | $-7.00M | $4.84M | $13.17M | $-6.06M | $1.58M |
| Avg Forecast | $21.74M | $21.49M | $20.27M | $20.02M | $21.19M | $20.24M | $19.08M | $18.07M | $17.16M | $16.66M | $15.12M | $15.13M | $16.51M | $14.44M | $11.36M | $13.14M | $13.23M | $6.56M | $5.34M | $-1.04M |
| High Forecast | $23.23M | $22.96M | $21.66M | $21.39M | $22.64M | $21.63M | $20.38M | $19.03M | $18.33M | $16.83M | $15.12M | $15.13M | $18.43M | $14.46M | $12.14M | $14.04M | $14.14M | $6.56M | $5.34M | $-834.60K |
| Low Forecast | $20.02M | $19.79M | $18.67M | $18.44M | $19.52M | $18.65M | $17.57M | $17.11M | $15.80M | $16.49M | $15.12M | $15.13M | $14.58M | $14.42M | $10.46M | $12.10M | $12.19M | $6.56M | $5.34M | $-1.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 0.07% | 10.51% | -0.53% | 0.37% | 2.01% | -1.13% | -1.51% |
2 analysts predict OPAL's average Quarter EBITDA for Mar 24 to be $15.13M, with a high of $15.13M and a low of $15.13M. This is -24.68% lower than OPAL Fuels's previous annual EBITDA (Dec 23) of $20.09M.
OPAL Fuels Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $20.09M | $-400.00K | $20.77M | $-1.58M | $7.36M | $-1.13M | $8.31M | $-7.03M |
| Avg Forecast | $19.29M | $18.69M | $16.87M | $16.48M | $10.93M | $10.61M | $7.51M | $7.17M | $4.91M | $5.37M | $2.51M | $920.64K | $5.22M | $1.55M | $703.24K | $-1.75M | $13.40K | $1.38M | $553.49K | $2.91M |
| High Forecast | $21.01M | $20.36M | $18.38M | $17.95M | $11.90M | $11.55M | $8.18M | $7.80M | $6.99M | $5.42M | $2.52M | $923.19K | $6.65M | $1.69M | $765.91K | $-1.57M | $14.59K | $1.38M | $553.49K | $3.50M |
| Low Forecast | $17.32M | $16.78M | $15.14M | $14.79M | $9.81M | $9.52M | $6.74M | $6.43M | $2.65M | $5.32M | $2.51M | $918.09K | $2.85M | $1.39M | $631.16K | $-1.91M | $12.03K | $1.38M | $553.49K | $2.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.85% | -0.26% | 29.54% | 0.90% | 548.88% | -0.81% | 15.01% | -2.41% |
OPAL Fuels's average Quarter net income forecast for Mar 24 is $920.64K, with a range of $918.09K to $923.19K. OPAL's average Quarter net income forecast represents a -95.42% decrease compared to the company's last Quarter net income of $20.09M (Dec 23).
OPAL Fuels SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.59M | $13.66M | $13.44M | $14.01M | $15.75M | $1.73M | $10.86M |
| Avg Forecast | $21.29M | $21.04M | $19.85M | $19.61M | $20.75M | $19.82M | $18.68M | $17.70M | $16.80M | $16.31M | $14.81M | $14.82M | $16.16M | $14.14M | $11.12M | $12.87M | $12.96M | $14.71M | $11.98M | $1.04M |
| High Forecast | $22.75M | $22.49M | $21.21M | $20.95M | $22.17M | $21.18M | $19.96M | $18.64M | $17.95M | $16.48M | $14.81M | $14.82M | $18.05M | $14.16M | $11.88M | $13.75M | $13.85M | $14.71M | $11.98M | $1.25M |
| Low Forecast | $19.61M | $19.39M | $18.29M | $18.06M | $19.11M | $18.26M | $17.21M | $16.76M | $15.48M | $16.15M | $14.81M | $14.82M | $14.27M | $14.12M | $10.25M | $11.85M | $11.94M | $14.71M | $11.98M | $834.60K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.23% | 1.04% | 1.08% | 1.07% | 0.14% | 10.40% |
OPAL Fuels's average Quarter SG&A projection for Dec 23 is $16.16M, based on 4 Wall Street analysts, with a range of $14.27M to $18.05M. The forecast indicates a 18.91% rise compared to OPAL last annual SG&A of $13.59M (Sep 23).
OPAL Fuels EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.01 | $0.66 | $-0.06 | $0.22 | $-0.04 | $0.33 | $-0.28 |
| Avg Forecast | $0.70 | $0.67 | $0.61 | $0.59 | $0.39 | $0.38 | $0.27 | $0.26 | $0.18 | $0.19 | $0.09 | $0.03 | $0.19 | $0.06 | $0.03 | $-0.06 | - | $0.05 | $0.02 | $0.08 |
| High Forecast | $0.76 | $0.73 | $0.66 | $0.65 | $0.43 | $0.42 | $0.29 | $0.28 | $0.25 | $0.20 | $0.09 | $0.03 | $0.24 | $0.06 | $0.03 | $-0.06 | - | $0.05 | $0.02 | $0.08 |
| Low Forecast | $0.62 | $0.60 | $0.55 | $0.53 | $0.35 | $0.34 | $0.24 | $0.23 | $0.10 | $0.19 | $0.09 | $0.03 | $0.10 | $0.05 | $0.02 | $-0.07 | - | $0.05 | $0.02 | $0.08 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.27% | 26.04% | 0.91% | 455.49% | -0.88% | 16.50% | -3.50% |
According to 2 Wall Street analysts, OPAL Fuels's projected average Quarter EPS for Sep 23 is $0.06, with a low estimate of $0.05 and a high estimate of $0.06. This represents a -91.55% decrease compared to OPAL previous annual EPS of $0.66 (Jun 23).
OPAL Fuels Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| OPAL | OPAL Fuels | $3.33 | $5.00 | 50.15% | Buy |
| OGS | ONE Gas | $70.50 | $76.50 | 8.51% | Hold |
| UGI | UGI | $27.70 | $30.00 | 8.30% | Hold |
| ATO | Atmos Energy | $141.38 | $152.00 | 7.51% | Buy |
| NWN | Northwest Natural Company | $41.03 | $44.00 | 7.24% | Hold |
| SR | Spire | $68.30 | $72.00 | 5.42% | Buy |
| NI | NiSource | $36.21 | $37.33 | 3.09% | Buy |
| CPK | Chesapeake Utilities | $125.16 | $124.00 | -0.93% | Hold |
| NJR | New Jersey Resources | $47.52 | $47.00 | -1.09% | Hold |