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NASDAQ:OPRA

Opera (OPRA) Stock Price, News & Analysis

$11.75
-0.03 (-0.25%)
(As of 07/26/2024 ET)
Today's Range
$11.59
$11.91
50-Day Range
$11.74
$15.25
52-Week Range
$10.30
$18.35
Volume
417,470 shs
Average Volume
871,191 shs
Market Capitalization
$1.04 billion
P/E Ratio
6.25
Dividend Yield
6.64%
Price Target
$20.75

Opera MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
76.6% Upside
$20.75 Price Target
Short Interest
Healthy
2.89% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.13mentions of Opera in the last 14 days
Based on 35 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
35.90%
From $0.78 to $1.06 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.70 out of 5 stars

Computer And Technology Sector

73rd out of 612 stocks

Prepackaged Software Industry

22nd out of 202 stocks

OPRA stock logo

About Opera Stock (NASDAQ:OPRA)

Opera Limited is a technology company that operates in the web browser and news aggregation services sector. The company was founded in 1995 and is headquartered in Oslo, Norway. Opera is known for its innovative approach to web browsing and its commitment to providing users with fast, secure, and efficient browsing experiences across mobile and PC platforms.

Opera's mission is to deliver cutting-edge web browsing solutions that empower users to explore the internet seamlessly and personally. The company serves a global customer base and has a strong presence in various countries worldwide.

Opera's primary products are its web browsers, which cater to mobile and PC users. Its mobile browser lineup includes Opera Mini, Opera for Android and iOS, Opera GX Mobile, and Opera Touch. For PC users, Opera offers browsers such as Opera for Computers and Opera GX. Additionally, Opera provides services such as Apex Football, Opera VPN Pro for enhanced online privacy and security, and Opera News, an AI-powered personalized news discovery and aggregation service. The company also operates Opera Ads, an online advertising platform.

Opera's target market comprises mobile and PC users seeking fast, secure, and feature-rich browsing experiences. The company's key customers include individual consumers, enterprises, and organizations that rely on Opera's browsers for their web browsing needs.

Opera Limited is led by a strong management team that brings diverse skills and expertise to the company. The team drives Opera's vision, strategy, and overall performance. Zhou Yahui serves as the Chairman and Co-Chief Executive Officer of Opera Limited. With a wealth of experience in the technology industry, Mr. Yahui has been instrumental in guiding Opera's growth and overseeing strategic initiatives.

Opera Limited's financial performance has shown positive trends in recent years, including growth in revenue and earnings. The company's profit margins have also demonstrated stability, reflecting its ability to generate consistent profitability.

Opera's financial stability is further evident by its management of debt levels. Opera's financial performance should be considered in the context of broader industry benchmarks. The web browser industry is highly competitive, with several major players vying for market share. Opera's financial metrics may be compared to its peers to assess its relative performance and valuation.

The factors driving Opera's valuation include its revenue growth potential, market share, technological innovation, and the competitive landscape within the web browser industry. Changes in investor sentiment may impact the company's valuation, influenced by factors such as financial performance, strategic initiatives, and industry trends.

Opera Limited operates within the web browser and news aggregation services industry. This sector is characterized by intense competition and constant technological advancements. Understanding the broader industry landscape helps evaluate Opera's competitive positioning.

The web browser industry experiences rapid evolution as user preferences and technology trends shift. Major competitors in this industry include Google Chrome, Mozilla Firefox, Safari, and Microsoft Edge. These companies continually invest in research and development to enhance their browsers' performance, security, and user experience.

Opera differentiates itself by focusing on speed, security, and innovative features. Its diverse product portfolio caters to various platforms and devices, targeting a wide range of users. However, Opera faces challenges from its larger competitors, which enjoy significant market share and brand recognition.

Regulatory and political issues can impact the web browser industry. Data privacy regulations, antitrust investigations, and government policies on Internet governance are among the factors that could affect Opera's operations. Staying abreast of such developments and adapting to regulatory changes are crucial for long-term success.

Opera's competitive advantages lie in its commitment to technological innovation, its ability to adapt to changing user needs, and its global presence. The company's focus on delivering fast and secure browsing experiences and its expansion into news aggregation services helps differentiate it from competitors. Opera Limited has several growth opportunities in the evolving web browser industry. These opportunities can drive revenue growth, expand market reach and enhance the company's competitiveness.

Opera can continue to innovate and introduce new features and enhancements to its browser portfolio. This can attract new users and retain existing ones, fostering revenue growth. Collaborating with strategic partners, such as device manufacturers, telecom operators, and content providers, can create new avenues for growth. Partnerships can drive pre-installed browser distribution, revenue-sharing agreements, and enhanced product integration.

Opera can explore acquisition opportunities or invest in innovative technologies and companies to expand its product offerings or enter new market segments. This approach can provide access to new user bases, complementary technologies, or emerging trends.

Opera's competitive advantages in pursuing these growth opportunities lie in its focus on user-centric design, agility in adapting to market trends, and its ability to deliver fast and secure browsing experiences across platforms.

Opera Limited faces various risks and challenges that could impact its operations and financial performance. Understanding these risks helps assess the company's ability to mitigate potential adverse effects.

The web browser industry is highly competitive, with well-established players dominating the market. Opera must continuously innovate and differentiate itself to attract and retain users amid intense competition.

Rapid technological advancements can impact user preferences and the competitive landscape. To remain relevant and competitive, opera must adapt to changing trends, such as the rise of mobile browsing or emerging technologies like voice assistants.

Opera operates in a regulatory environment that governs data privacy, cybersecurity, and online advertising. Changes in regulations or legal challenges could require the company to modify its practices, potentially affecting its operations and profitability.

As a technology company, Opera faces the risk of cybersecurity threats, including data breaches or hacking attempts. Safeguarding user data and maintaining a secure browsing experience are critical to user trust and reputation.

Opera must continue to attract new users and retain existing ones to drive revenue growth. Adapting to evolving user preferences, delivering compelling features, and providing excellent user experience is key to achieving this.

Opera's success relies on partnerships with device manufacturers, telecom operators, and content providers. Any disruption or strain in these partnerships could affect the company's distribution channels, market reach, and revenue streams.

To mitigate these risks, Opera has implemented risk management strategies such as investing in research and development, maintaining strong cybersecurity measures, monitoring regulatory developments, and fostering strong relationships with partners.

OPRA Stock Price History

OPRA Stock News Headlines

Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Analyzing Opera (NASDAQ:OPRA) and WaveDancer (NASDAQ:WAVD)
Portland Opera backs Keller Auditorium replacement plan
See More Headlines
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Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 7/15 Dividend
7/02/2024
Dividend Payable
7/15/2024
Today
7/26/2024
Next Earnings (Estimated)
8/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:OPRA
Fax
N/A
Employees
592
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.75
High Stock Price Target
$25.00
Low Stock Price Target
$16.50
Potential Upside/Downside
+76.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$153.30 million
Pretax Margin
39.04%

Debt

Sales & Book Value

Annual Sales
$396.83 million
Cash Flow
$2.06 per share
Book Value
$10.36 per share

Miscellaneous

Free Float
13,834,000
Market Cap
$1.04 billion
Optionable
Optionable
Beta
0.98
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Key Executives

  • Mr. Yahui Zhou (Age 46)
    Chairman & Co-CEO
  • Mr. Lin Song (Age 42)
    Co-CEO & Director
  • Mr. Frode Fleten Jacobsen (Age 41)
    Chief Financial Officer
  • Mr. Matthew Wolfson
    Head of Investor Relations
  • Aaron McParlan
    General Counsel
  • Julia Szyndzielorz
    Senior Public Relations Manager
  • Mr. Allen Hu
    Executive Vice President of Dify
  • Mr. Krystian Kolondra
    Executive Vice President of Browsers & European Fintech
  • Mr. Jorgen Arnesen
    Executive Vice President of Mobile
  • Mr. Per Wetterdal
    Executive Vice President of Commercial

OPRA Stock Analysis - Frequently Asked Questions

How have OPRA shares performed this year?

Opera's stock was trading at $13.23 on January 1st, 2024. Since then, OPRA shares have decreased by 11.2% and is now trading at $11.75.
View the best growth stocks for 2024 here
.

How were Opera's earnings last quarter?

Opera Limited (NASDAQ:OPRA) issued its quarterly earnings results on Thursday, October, 28th. The company reported $0.26 earnings per share (EPS) for the quarter. The company had revenue of $66.62 million for the quarter. Opera had a trailing twelve-month return on equity of 19.52% and a net margin of 41.00%.

When did Opera IPO?

Opera (OPRA) raised $106 million in an initial public offering (IPO) on Friday, July 27th 2018. The company issued 9,600,000 shares at $10.00-$12.00 per share. CICC and Citigroup served as the underwriters for the IPO.

Who are Opera's major shareholders?

Top institutional shareholders of Opera include Richard P Slaughter Associates Inc (0.23%), Hennion & Walsh Asset Management Inc. (0.09%), Allspring Global Investments Holdings LLC (0.01%) and Concourse Financial Group Securities Inc..

How do I buy shares of Opera?

Shares of OPRA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Opera own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Opera investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ), Pfizer (PFE), Roku (ROKU), Enphase Energy (ENPH).

This page (NASDAQ:OPRA) was last updated on 7/26/2024 by MarketBeat.com Staff

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