OPAL Fuels' Q1 revenue, adj EBITDA miss estimates

Opal Fuels

11/05/2026 12:09

Overview

U.S. RNG producer's Q1 revenue fell 14% yr/yr, missing analyst expectations

Q1 adjusted EBITDA missed consensus, impacted by lower RIN prices and prior-year regulatory boost

Outlook

OPAL Fuels maintains 2026 guidance

Result Drivers

RNG PRODUCTION GROWTH - Co said RNG production rose 9% yr/yr due to operational improvements at its facilities

LOWER RIN PRICES - Co said lower RIN prices and absence of prior-year regulatory boost weighed on Q1 revenue and adjusted EBITDA

Company press release: ID:nBwqtzdLa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$73.38 mln
$93.63 mln (3 Analysts)
Q1 EPS
-$0.09
Q1 Net Income
-$5.59 mln
Q1 Adjusted EBITDA
Miss
$16.68 mln
$18.27 mln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy."

Wall Street's median 12-month price target for Opal Fuels Inc is $3.50, about 54.2% above its May 8 closing price of $2.27

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)