NASDAQ:OPRA

Opera Stock Forecast, Price & News

$9.36

+0.06 (+0.65 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$9.13

Now: $9.36▼

$9.53

50-Day Range

$8.15

MA: $8.84▼

$9.38

52-Week Range

$4.60

Now: $9.36▼

$11.49

Volume191,108 shs

Average Volume348,536 shs

Market Capitalization$1.12 billion

P/E Ratio23.40

Dividend YieldN/A

Beta1.33

Opera Limited, together with its subsidiaries, provides mobile and PC web browsers. The company offers mobile browser products, such as Opera Mini, Opera for Android, and Opera Touch; PC browsers, including Opera for Computers and Opera GX; Opera News, a personalized news aggregation app; and Okash, a microfinance app. It operates in India, Ireland, Kenya, Russia, and internationally. The company was founded in 1996 and is headquartered in Oslo, Norway.

Overall MarketRank^™

1.57 out of 5 stars

Computer And Technology Sector

247th out of 1,259 stocks

Prepackaged Software Industry

50th out of 232 stocks

2.5 Analyst's Opinion

Consensus Rating
Opera has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.50, Opera has a forecasted upside of 22.9% from its current price of $9.36.
Amount of Analyst Coverage
Opera has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
Opera has received 103 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Opera has received 130 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Opera has received 55.79% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Opera and other stocks. Vote “Outperform” if you believe OPRA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OPRA will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Opera does not currently pay a dividend.
Dividend Growth
Opera does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Opera insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 7.76% of the stock of Opera is held by institutions.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Opera are expected to grow by 217.65% in the coming year, from $0.17 to $0.54 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Opera is 23.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of Opera is 23.40, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 91.93.
Price to Book Value per Share Ratio
Opera has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:OPRA

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.opera.com

Phone47-2369-2400

Employees819

Debt

Debt-to-Equity RatioN/A

Current Ratio5.66

Quick Ratio5.65

Price-To-Earnings

Trailing P/E Ratio23.40

Forward P/E Ratio55.06

P/E GrowthN/A

Sales & Book Value

Annual Sales$334.86 million

Price / Sales3.33

Cash Flow$0.72 per share

Price / Cash Flow13.01

Book Value$8.31 per share

Price / Book1.13

Profitability

EPS (Most Recent Fiscal Year)$0.55

Net Income$57.90 million

Net Margins11.12%

Return on Equity6.01%

Return on Assets5.27%

Miscellaneous

Outstanding Shares119,261,000

Market Cap$1.12 billion

Next Earnings Date2/23/2021 (Estimated)

OptionableNot Optionable

$9.36

+0.06 (+0.65 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Opera (NASDAQ:OPRA) Frequently Asked Questions

How has Opera's stock price been impacted by COVID-19 (Coronavirus)?

Opera's stock was trading at $6.53 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, OPRA stock has increased by 43.3% and is now trading at $9.36.
View which stocks have been most impacted by COVID-19.

Is Opera a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Opera in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Opera stock.
View analyst ratings for Opera or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Opera?

Wall Street analysts have given Opera a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Opera wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Opera's next earnings date?

Opera is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Opera.

How were Opera's earnings last quarter?

Opera Limited (NASDAQ:OPRA) released its quarterly earnings results on Wednesday, November, 18th. The company reported $0.08 EPS for the quarter, missing the Zacks' consensus estimate of $0.31 by $0.23. The business had revenue of $42.42 million for the quarter, compared to analysts' expectations of $42.28 million. Opera had a net margin of 11.12% and a return on equity of 6.01%.
View Opera's earnings history.

What guidance has Opera issued on next quarter's earnings?

Opera issued an update on its fourth quarter 2020 IntraDay earnings guidance on Monday, January, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $47 million, compared to the consensus revenue estimate of $45.92 million.

What price target have analysts set for OPRA?

4 Wall Street analysts have issued 12 month price targets for Opera's shares. Their forecasts range from $10.00 to $12.00. On average, they anticipate Opera's share price to reach $11.50 in the next year. This suggests a possible upside of 22.9% from the stock's current price.
View analysts' price targets for Opera or view Wall Street analyst' top-rated stocks.

Who are some of Opera's key competitors?

Some companies that are related to Opera include Cloudera (CLDR), Altair Engineering (ALTR), LivePerson (LPSN), BigCommerce (BIGC), Bandwidth (BAND), Jamf (JAMF), SPS Commerce (SPSC), PagerDuty (PD), Agora (API), Materialise (MTLS), Momo (MOMO), Blackbaud (BLKB), Sumo Logic (SUMO), 2U (TWOU) and 3D Systems (DDD).
View all of OPRA's competitors.

What other stocks do shareholders of Opera own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Opera investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ), Pfizer (PFE), Roku (ROKU), (CGC), Enphase Energy (ENPH), Gilead Sciences (GILD), Activision Blizzard (ATVI) and Alibaba Group (BABA).

Who are Opera's key executives?

Opera's management team includes the following people:

Mr. Yahui Zhou, Chairman & Co-CEO (Age 44)
Mr. Lin Song, Co-Chief Exec. Officer (Age 40)
Mr. Frode Fleten Jacobsen, Chief Financial Officer (Age 39)
Mr. Derrick L. Nueman, VP of Investor Relations
Aaron McParlan, Gen. Counsel

When did Opera IPO?

(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.

What is Opera's stock symbol?

Opera trades on the NASDAQ under the ticker symbol "OPRA."

Who are Opera's major shareholders?

Opera's stock is owned by many different institutional and retail investors. Top institutional investors include Genesis Investment Management LLP (5.13%).

Which major investors are selling Opera stock?

OPRA stock was sold by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP.

How do I buy shares of Opera?

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

What is Opera's stock price today?

One share of OPRA stock can currently be purchased for approximately $9.36.

How big of a company is Opera?

Opera has a market capitalization of $1.12 billion and generates $334.86 million in revenue each year. The company earns $57.90 million in net income (profit) each year or $0.55 on an earnings per share basis. Opera employs 819 workers across the globe.

What is Opera's official website?

The official website for Opera is www.opera.com.

How can I contact Opera?

Opera's mailing address is GJERDRUMS VEI 19, OSLO Q8, 0484. The company can be reached via phone at 47-2369-2400.

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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