OPAL Fuels Price Target Raised to $2.40

Goldman Sachs increases price target on OPAL Fuels stock despite 'sell' rating

Mar. 17, 2026 at 3:40pm

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OPAL Fuels (NASDAQ:OPAL), a San Diego-based company specializing in the production and distribution of renewable natural gas (RNG), had its price target increased from $2.10 to $2.40 by investment bank The Goldman Sachs Group. However, Goldman Sachs maintained a 'sell' rating on the stock.

Why it matters

OPAL Fuels is a key player in the growing RNG market, providing a low-carbon alternative fuel source for heavy-duty transportation fleets. The increase in price target, despite the 'sell' rating, suggests mixed views on the company's future performance and valuation.

The details

The Goldman Sachs Group raised OPAL Fuels' price target from $2.10 to $2.40, while maintaining a 'sell' rating on the stock. Other analysts have also weighed in, with Wall Street Zen upgrading the stock from 'sell' to 'hold' and Weiss Ratings reaffirming a 'sell (d)' rating. Overall, the stock has a consensus rating of 'Reduce' and a consensus target price of $2.91.

  • OPAL Fuels last posted its quarterly earnings results on March 16, 2026.

The players

The Goldman Sachs Group

A multinational investment bank and financial services company.

Wall Street Zen

A research firm that provides investment analysis and ratings.

Weiss Ratings

An independent rating agency that provides financial strength ratings and research.

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The takeaway

The mixed analyst views on OPAL Fuels' stock price and performance highlight the challenges and uncertainties facing the renewable natural gas industry, even as demand for low-carbon transportation fuels continues to grow.