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OPAL Fuels Inc. (OPAL) Stock Fundamental Analysis & AI Rating 2026

OPAL Nasdaq Gas & Other Services Combined E9 CIK: 0001842279
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
STRONG SELL
85% Conf
Pending
Analysis scheduled

📊 OPAL Key Takeaways

Revenue: $349.0M
Net Margin: 1.2%
Free Cash Flow: $-34.2M
Current Ratio: 1.18x
Debt/Equity: N/A
EPS: $0.15
AI Rating: STRONG SELL with 85% confidence
OPAL Fuels Inc. (OPAL) receives a STRONG SELL rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $349.0M, net profit margin of 1.2%, OPAL Fuels Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete OPAL stock analysis for 2026.

Is OPAL Fuels Inc. (OPAL) a Good Investment?

Claude

OPAL faces severe financial distress with negative stockholders equity (-$12.9M), negative free cash flow (-$34.2M), and collapsing profitability (net income down 88.2% YoY). The company's capital expenditure ($70.7M) far exceeds operating cash flow ($36.5M), creating an unsustainable cash burn while servicing heavy debt ($361.3M) with minimal cash reserves ($24.4M) and razor-thin margins.

Why Buy OPAL Fuels Inc. Stock? OPAL Key Strengths

Claude
  • + Positive operating cash flow of $36.5M demonstrates operational cash generation capability
  • + Revenue growth of 6.8% YoY indicates maintained market demand for gas utility services
  • + Essential utility services with stable customer base provide revenue visibility

OPAL Stock Risks: OPAL Fuels Inc. Investment Risks

Claude
  • ! Negative stockholders equity of -$12.9M indicates technical insolvency and balance sheet deterioration
  • ! Negative free cash flow of -$34.2M with capital expenditure exceeding operating cash flow is unsustainable
  • ! Net income collapsed 88.2% YoY with net margin of only 1.2% and operating margin of 2.1%
  • ! Heavy long-term debt burden of $361.3M against only $24.4M cash creates severe refinancing and solvency risk
  • ! Borderline liquidity (1.18x current ratio) limits financial flexibility and covenant cushion

Key Metrics to Watch

Claude
  • * Free cash flow trend and path to sustainability
  • * Stockholders equity recovery trajectory
  • * Debt service coverage ratio and refinancing ability
  • * Operating margin expansion
  • * Capital expenditure rationalization

OPAL Fuels Inc. (OPAL) Financial Metrics & Key Ratios

Revenue
$349.0M
Net Income
$4.3M
EPS (Diluted)
$0.15
Free Cash Flow
$-34.2M
Total Assets
$959.5M
Cash Position
$24.4M

💡 AI Analyst Insight

OPAL Fuels Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

OPAL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 2.1%
Net Margin 1.2%
ROE N/A
ROA 0.4%
FCF Margin -9.8%

OPAL vs Services Sector: How OPAL Fuels Inc. Compares

How OPAL Fuels Inc. compares to Services sector averages

Net Margin
OPAL 1.2%
vs
Sector Avg 10.0%
OPAL Sector
ROE
OPAL 0.0%
vs
Sector Avg 16.0%
OPAL Sector
Current Ratio
OPAL 1.2x
vs
Sector Avg 1.5x
OPAL Sector
Debt/Equity
OPAL 0.0x
vs
Sector Avg 0.7x
OPAL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is OPAL Fuels Inc. Stock Overvalued? OPAL Valuation Analysis 2026

Based on fundamental analysis, OPAL Fuels Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
N/A
Sector avg: 16%
Net Profit Margin
1.2%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

OPAL Fuels Inc. Balance Sheet: OPAL Debt, Cash & Liquidity

Current Ratio
1.18x
Quick Ratio
1.18x
Debt/Equity
N/A
Debt/Assets
48.1%
Interest Coverage
N/A
Long-term Debt
$361.3M

OPAL Revenue & Earnings Growth: 5-Year Financial Trend

OPAL 5-year financial data: Year 2022: Revenue $230.7M, Net Income N/A, EPS $0.00. Year 2023: Revenue $251.1M, Net Income N/A, EPS $0.12. Year 2024: Revenue $290.9M, Net Income N/A, EPS $0.69. Year 2025: Revenue $326.7M, Net Income N/A, EPS $0.02.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: OPAL Fuels Inc.'s revenue has grown significantly by 42% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.02 reflects profitable operations.

OPAL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-9.8%
Free cash flow / Revenue

OPAL Quarterly Earnings & Performance

Quarterly financial performance data for OPAL Fuels Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $77.9M $11.4M $0.05
Q2 2025 $69.8M $1.9M $-0.01
Q1 2025 $64.0M $677.0K $-0.01
Q3 2024 $70.0M $227.0K $-0.01
Q2 2024 $54.1M $1.9M $-0.01
Q1 2024 $42.1M $677.0K $-0.01
Q3 2023 $65.3M $227.0K $-0.01
Q2 2023 $52.7M -$342.0K $0.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

OPAL Fuels Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$36.5M
Cash generated from operations
Capital Expenditures
$70.7M
Investment in assets
Dividends
None
No dividend program

OPAL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for OPAL Fuels Inc. (CIK: 0001842279)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/wk-form4_1775163010.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775162945.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775162545.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775162484.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775162422.xml View →

Frequently Asked Questions about OPAL

What is the AI rating for OPAL?

OPAL Fuels Inc. (OPAL) has an AI rating of STRONG SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are OPAL's key strengths?

Claude: Positive operating cash flow of $36.5M demonstrates operational cash generation capability. Revenue growth of 6.8% YoY indicates maintained market demand for gas utility services.

What are the risks of investing in OPAL?

Claude: Negative stockholders equity of -$12.9M indicates technical insolvency and balance sheet deterioration. Negative free cash flow of -$34.2M with capital expenditure exceeding operating cash flow is unsustainable.

What is OPAL's revenue and growth?

OPAL Fuels Inc. reported revenue of $349.0M.

Does OPAL pay dividends?

OPAL Fuels Inc. does not currently pay dividends.

Where can I find OPAL SEC filings?

Official SEC filings for OPAL Fuels Inc. (CIK: 0001842279) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OPAL's EPS?

OPAL Fuels Inc. has a diluted EPS of $0.15.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is OPAL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, OPAL Fuels Inc. has a STRONG SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is OPAL stock overvalued or undervalued?

Valuation metrics for OPAL: ROE of N/A (sector avg: 16%), net margin of 1.2% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy OPAL stock in 2026?

Our dual AI analysis gives OPAL Fuels Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is OPAL's free cash flow?

OPAL Fuels Inc.'s operating cash flow is $36.5M, with capital expenditures of $70.7M. FCF margin is -9.8%.

How does OPAL compare to other Services stocks?

Vs Services sector averages: Net margin 1.2% (avg: 10%), ROE N/A (avg: 16%), current ratio 1.18 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI