NASDAQ:OPRAOpera Stock Price, Forecast & News

$6.65

+0.47 (+7.61 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$6.14

Now: $6.65▼

$6.75

50-Day Range

$4.68

MA: $5.51▼

$6.97

52-Week Range

$4.60

Now: $6.65▼

$14.94

Volume259,104 shs

Average Volume486,606 shs

Market Capitalization$729.67 million

P/E Ratio22.93

Dividend YieldN/A

Beta1.47

Opera Limited, through its subsidiaries, provides mobile and PC web browsers in Ireland, Russia, and internationally. It offers mobile browser products under the Opera Mini, Opera for Android, and Opera Touch names; PC browser under the Opera for Computers name; Opera News, a personalized news aggregation app; and Okash, a microfinance app. The company was founded in 1996 and is headquartered in Oslo, Norway.

Beat the Market (BTM) Rank^™

3.5 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 $12.75, Opera has a potential upside of 91.7% from its current price of $6.65.
Amount of Analyst Coverage
Opera has only been the subject of 3 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Opera has received 99 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Opera has received 117 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Opera has received 54.17% “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 8.82% of the stock of Opera is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Opera are expected to grow in the coming year, from ($0.05) to $0.55 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Opera is 22.93, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Opera is 22.93, 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 40.53.
Price to Book Value per Share Ratio
Opera has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.54 out of 5 stars

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

Debt

Debt-to-Equity Ratio0.01

Current Ratio2.77

Quick Ratio2.72

Price-To-Earnings

Trailing P/E Ratio22.93

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$334.86 million

Price / Sales2.18

Cash Flow$0.79 per share

Price / Cash Flow8.41

Book Value$8.31 per share

Price / Book0.80

Profitability

EPS (Most Recent Fiscal Year)$0.55

Net Income$57.90 million

Net Margins7.72%

Return on Equity4.51%

Return on Assets3.94%

Miscellaneous

Employees464

Outstanding Shares109,725,000

Market Cap$729.67 million

Next Earnings Date8/27/2020 (Estimated)

OptionableNot Optionable

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Opera (NASDAQ:OPRA) Frequently Asked Questions

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

Opera's stock was trading at $6.53 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, OPRA stock has increased by 1.8% and is now trading at $6.65. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Opera?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Opera in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Opera.

When is Opera's next earnings date?

Opera is scheduled to release its next quarterly earnings announcement on Thursday, August 27th 2020. View our earnings forecast for Opera.

How were Opera's earnings last quarter?

Opera Ltd (NASDAQ:OPRA) announced its quarterly earnings results on Wednesday, May, 20th. The company reported ($0.14) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.12) by $0.02. The company had revenue of $138.22 million for the quarter, compared to the consensus estimate of $135.04 million. Opera had a return on equity of 4.51% and a net margin of 7.72%. View Opera's earnings history.

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

Opera issued an update on its first quarter 2020 Pre-Market earnings guidance on Thursday, April, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $135-135 million, compared to the consensus revenue estimate of $126.29 million.

What price target have analysts set for OPRA?

4 brokers have issued 1 year target prices for Opera's shares. Their forecasts range from $10.00 to $15.00. On average, they expect Opera's stock price to reach $12.75 in the next year. This suggests a possible upside of 91.7% from the stock's current price. View analysts' price targets for Opera.

Has Opera been receiving favorable news coverage?

News stories about OPRA stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Opera earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutOpera.

Who are some of Opera's key competitors?

Some companies that are related to Opera include Varonis Systems (VRNS), Bandwidth (BAND), Mimecast (MIME), BlackBerry (BB), LivePerson (LPSN), Cornerstone OnDemand (CSOD), Rapid7 (RPD), SPS Commerce (SPSC), 2U (TWOU), AlarmCom (ALRM), Ping Identity (PING), Bottomline Technologies (EPAY), SINA (SINA), Workiva (WK) and Pagerduty (PD). View all 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 Gilead Sciences (GILD), Johnson & Johnson (JNJ), NVIDIA (NVDA), Canopy Growth (CGC), Walt Disney (DIS), Novavax (NVAX), Advanced Micro Devices (AMD), Alibaba Group (BABA), Inovio Pharmaceuticals (INO) and Aphria (APHA).

Who are Opera's key executives?

Opera's management team includes the following people:

Mr. Yahui Zhou, Chairman & CEO (Age 42)
Mr. Frode Fleten Jacobsen, Chief Financial Officer (Age 37)
Mr. Lin Song, Chief Operating Officer (Age 38)
Mr. Derrick L. Nueman, VP of Investor Relations
Aaron McParlan, Gen. Counsel

When did Opera IPO?

(OPRA) raised $106 million in an 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 shareholders include Genesis Investment Management LLP (5.57%), Parametric Portfolio Associates LLC (0.07%), Aperio Group LLC (0.04%), Two Sigma Investments LP (0.04%), Trexquant Investment LP (0.03%) and Two Sigma Advisers LP (0.02%).

Which institutional investors are selling Opera stock?

OPRA stock was sold by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP, Two Sigma Investments LP, and GSA Capital Partners LLP.

Which institutional investors are buying Opera stock?

OPRA stock was purchased by a variety of institutional investors in the last quarter, including Aperio Group LLC, Trexquant Investment LP, Parametric Portfolio Associates LLC, Two Sigma Advisers LP, Dynamic Technology Lab Private Ltd, Lido Advisors LLC, Morgan Stanley, and Malaga Cove Capital LLC.

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 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 $6.65.

How big of a company is Opera?

Opera has a market capitalization of $729.67 million 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 464 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 6/1/2020 by MarketBeat.com Staff