Opera (NASDAQ:OPRA) Announces Earnings Results

Key Points

• Opera reported a quarterly earnings per share (EPS) of $0.26, falling short of analysts' expectations of $0.27, while its revenue of $142.96 million exceeded estimates of $137.44 million.
• The company recently declared a semi-annual dividend of $0.40 per share, representing a yield of 410.0%, with a dividend payout ratio of 82.98%.
• Opera has received positive ratings from several brokerages, with an average rating of "Buy" and a consensus price target of $24.90.

Opera (NASDAQ:OPRA - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.01), RTT News reports. The business had revenue of $142.96 million for the quarter, compared to the consensus estimate of $137.44 million. Opera had a net margin of 16.15% and a return on equity of 9.21%. During the same quarter last year, the firm posted $0.44 EPS. Opera updated its Q3 2025 guidance to EPS and its FY 2025 guidance to EPS.

Opera Stock Performance

OPRA traded down $0.32 during trading on Wednesday, hitting $15.85. 479,560 shares of the company traded hands, compared to its average volume of 533,320. The firm has a market cap of $1.42 billion, a P/E ratio of 16.86 and a beta of 0.96. The stock's fifty day moving average is $17.81 and its 200 day moving average is $17.65. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 0.01. Opera has a one year low of $12.56 and a one year high of $22.50.

Opera Announces Dividend

The business also recently declared a semi-annual dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 8th were given a dividend of $0.40 per share. The ex-dividend date was Tuesday, July 8th. This represents a yield of 410.0%. Opera's dividend payout ratio is presently 82.98%.

Institutional Investors Weigh In On Opera

Several institutional investors have recently added to or reduced their stakes in OPRA. State of Tennessee Department of Treasury bought a new position in shares of Opera in the second quarter worth approximately $83,000. Caxton Associates LLP bought a new position in shares of Opera in the first quarter worth approximately $270,000. Finally, Goldman Sachs Group Inc. increased its position in shares of Opera by 24.9% in the first quarter. Goldman Sachs Group Inc. now owns 153,906 shares of the company's stock worth $2,453,000 after purchasing an additional 30,662 shares during the last quarter. 10.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on OPRA. Wedbush restated an "outperform" rating on shares of Opera in a research note on Tuesday, July 8th. Wall Street Zen upgraded shares of Opera from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Finally, Lake Street Capital upped their target price on shares of Opera from $23.00 to $24.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Opera currently has an average rating of "Buy" and a consensus price target of $24.90.

About Opera

Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Norway and internationally. The company offers mobile browser products, such as Opera Mini, Opera browser for Android and iOS, and Opera GX for PCs and Mobile; Opera Touch; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered personalized news discovery and aggregation service.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.