Opera (NASDAQ:OPRA) Announces Earnings Results, Beats Expectations By $0.01 EPS

Opera (NASDAQ:OPRA - Get Free Report) released its quarterly earnings results on Monday. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.01, RTT News reports. Opera had a return on equity of 19.22% and a net margin of 39.22%. The business had revenue of $142.72 million during the quarter, compared to the consensus estimate of $132.48 million. During the same quarter in the previous year, the business earned $0.34 EPS. Opera updated its Q2 2025 guidance to EPS and its FY 2025 guidance to EPS.

Opera Price Performance

Shares of OPRA stock traded up $0.29 during trading on Friday, hitting $17.47. The company had a trading volume of 505,316 shares, compared to its average volume of 568,388. Opera has a 52 week low of $10.11 and a 52 week high of $22.50. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of 8.87 and a beta of 1.01. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.01. The stock's 50-day moving average is $16.40 and its two-hundred day moving average is $17.95.

Analyst Ratings Changes

OPRA has been the subject of a number of recent analyst reports. Piper Sandler began coverage on Opera in a research note on Wednesday, February 5th. They issued an "overweight" rating and a $25.00 price objective for the company. The Goldman Sachs Group decreased their price objective on shares of Opera from $26.00 to $22.50 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Lake Street Capital increased their target price on shares of Opera from $23.00 to $24.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Opera currently has an average rating of "Buy" and an average 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.