OPAL Fuels (OPAL)

• Market cap: $48.6M
• 1 day: -7.07%
• 5 days: -12.76%
• 1 month: -29.05%
• 3 months: -47.55%
• 6 months: -52.76%
• Year to date: -47.55%
• 1 year: -65.17%
• 5 years: -82.55%
• 10 years: -82.55%
• Sector: Utilities
• Industry: Gas & Other Services Combined

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

653% more call options, than puts

Call options by funds: $414K | Put options by funds: $55K

70% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 10

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

0.84% less ownership

Funds ownership: 50.48% [Q3] → 49.64% (-0.84%) [Q4]

4% less funds holding

Funds holding: 51 [Q3] → 49 (-2) [Q4]

9% less capital invested

Capital invested by funds: $52.4M [Q3] → $47.8M (-$4.52M) [Q4]

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $2 17% upside
• Avg. target: $2.75 61% upside
• High target: $3.50 105% upside

2 analyst ratings

• positive: 1 50%
• neutral: 0 0%
• negative: 1 50%

Goldman Sachs Adam Bubes 80% 1-year accuracy 4 / 5 met price target	17% upside $2	Sell Maintained	18 Mar 2025
UBS William Grippin 15% 1-year accuracy 2 / 13 met price target	105% upside $3.50	Buy Maintained	17 Mar 2025