Opera (NASDAQ:OPRA) Downgraded to "Hold" Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Opera (NASDAQ:OPRA) from a "buy" to a "hold", though the six‑analyst consensus remains an overall Buy with an average price target of $22.75.
• Opera is rolling out its Browser Connector into Opera One and Opera GX, which could boost engagement and monetization by letting third‑party AIs access live browsing context, but the feature also raises privacy and regulatory risks that could slow adoption.
• Shares trade around $17.12 with a market cap of $1.54 billion and a PE of 14.39, and investors have a near‑term catalyst as Opera will report Q1 2026 results on April 28.

Opera (NASDAQ:OPRA - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Sunday.

Other research analysts have also recently issued research reports about the stock. TD Cowen reissued a "buy" rating on shares of Opera in a report on Friday, March 13th. Weiss Ratings reissued a "hold (c)" rating on shares of Opera in a report on Friday, March 27th. The Goldman Sachs Group dropped their target price on shares of Opera from $24.50 to $21.50 and set a "buy" rating for the company in a report on Tuesday, January 13th. Finally, Zacks Research raised shares of Opera from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $22.75.

Opera Stock Up 0.6%

NASDAQ OPRA opened at $17.12 on Friday. The company has a market capitalization of $1.54 billion, a PE ratio of 14.39 and a beta of 1.22. Opera has a 12-month low of $11.71 and a 12-month high of $21.06. The firm's 50 day moving average is $14.33 and its 200-day moving average is $14.38.

Opera (NASDAQ:OPRA - Get Free Report) last posted its earnings results on Saturday, February 14th. The company reported $0.30 EPS for the quarter. The firm had revenue of $176.65 million during the quarter. Opera had a net margin of 17.61% and a return on equity of 8.00%. As a group, sell-side analysts expect that Opera will post 0.81 EPS for the current year.

Institutional Trading of Opera

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harvey Capital Management Inc. increased its position in Opera by 171.8% during the 3rd quarter. Harvey Capital Management Inc. now owns 100,025 shares of the company's stock valued at $2,065,000 after purchasing an additional 63,225 shares during the period. Goldman Sachs Group Inc. increased its position in Opera by 24.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 153,906 shares of the company's stock valued at $2,453,000 after purchasing an additional 30,662 shares during the period. Janney Montgomery Scott LLC increased its position in Opera by 305.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 91,016 shares of the company's stock valued at $1,289,000 after purchasing an additional 68,549 shares during the period. Caxton Associates LLP acquired a new stake in Opera during the 1st quarter valued at approximately $270,000. Finally, State of Tennessee Department of Treasury acquired a new stake in Opera during the 2nd quarter valued at approximately $83,000. Institutional investors and hedge funds own 10.21% of the company's stock.

Opera News Summary

Here are the key news stories impacting Opera this week:

• Positive Sentiment: Opera announced Browser Connector, a free feature that lets AI services (e.g., ChatGPT, Claude) access live browsing context — a differentiation play that could boost engagement, allow new AI partnerships and create incremental revenue/monetization opportunities. Opera's new Browser Connector lets ChatGPT and Claude see your browsing and use it as context
• Positive Sentiment: Coverage confirms Browser Connector functionality is being rolled into mainstream Opera products (Opera One and Opera GX), increasing the feature’s reach across the company’s user base and improving odds of rapid adoption. Opera extends the Browser Connector functionality to Opera One and Opera GX
• Neutral Sentiment: Opera set its Q1 2026 earnings release for April 28 (before market open). This is a near‑term catalyst that could drive volatility depending on revenue, margins and guidance versus expectations. Opera to Announce First Quarter 2026 Financial Results on April 28, 2026
• Neutral Sentiment: Several media stories this week reference “opera” in the cultural sense (Metropolitan Opera, regional productions, artists). These items are unrelated to Opera Limited’s business and are unlikely to affect OPRA’s fundamentals. The Metropolitan Opera Is Bringing Frida Kahlo to the Stage
• Negative Sentiment: Browser Connector raises privacy and regulatory risk because it gives third‑party AIs access to live browsing context; adoption or monetization could be delayed if regulators or users push back, or if Opera needs to add restrictive privacy safeguards. Opera's new Browser Connector lets ChatGPT and Claude see your browsing and use it as context

Opera Company Profile

Opera Limited NASDAQ: OPRA is a global software and internet services company best known for its cross-platform web browsers, including the flagship Opera Browser, Opera Mini for mobile devices and Opera GX designed for the gaming community. The company integrates features such as ad blocking, built-in VPN services and a cryptocurrency wallet into its desktop and mobile applications, aiming to deliver fast, secure and feature-rich browsing experiences to hundreds of millions of users worldwide.

Beyond its consumer-facing browsers, Opera operates Opera News, a personalized content and news aggregation platform with a strong presence in Africa and Asia, and Opera Ads, a digital advertising network that leverages user-behavior data to provide targeted ad placements across devices.

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