(OPRA) Opera - Overview

Sector: Communication Services | Industry: Internet Content & Information | Exchange: NASDAQ (USA) | Market Cap: 1.562m USD | Total Return: 2.4% in 12m

Web Browsers, Digital Advertising, News Aggregation, Gaming Software
Total Rating 65
Safety 85
Buy Signal -0.18
Internet Content & Information
Industry Rotation: -15.8
Market Cap: 1.56B
Avg Turnover: 7.48M
Risk 3d forecast
Volatility51.8%
VaR 5th Pctl8.24%
VaR vs Median-3.54%
Reward TTM
Sharpe Ratio0.22
Rel. Str. IBD76
Rel. Str. Peer Group85.7
Character TTM
Beta1.279
Beta Downside1.220
Hurst Exponent0.518
Drawdowns 3y
Max DD61.68%
CAGR/Max DD0.17
CAGR/Mean DD0.27
EPS (Earnings per Share) EPS (Earnings per Share) of OPRA over the last years for every Quarter: "2021-03": 0.04, "2021-06": 0.42, "2021-09": 0.26, "2021-12": -0.68, "2022-03": -0.1, "2022-06": -0.03, "2022-09": 0.1, "2022-12": 0.27, "2023-03": 0.19, "2023-06": 0.16, "2023-09": 0.23, "2023-12": 1.43, "2024-03": 0.19, "2024-06": 0.24, "2024-09": 0.26, "2024-12": 0.28, "2025-03": 0.27, "2025-06": 0.26, "2025-09": 0.3, "2025-12": 0.3, "2026-03": 0.34,
EPS CAGR: -2.72%
EPS Trend: -6.5%
Last SUE: 2.82
Qual. Beats: 1
Revenue Revenue of OPRA over the last years for every Quarter: 2021-03: 51.583, 2021-06: 60.161, 2021-09: 66.62, 2021-12: 72.626, 2022-03: 71.583, 2022-06: 77.835, 2022-09: 85.347, 2022-12: 87.051, 2023-03: 87.051, 2023-06: 94.134, 2023-09: 102.639, 2023-12: 100.80377, 2024-03: 101.871, 2024-06: 109.734, 2024-09: 123.209, 2024-12: 145.833, 2025-03: 142.716, 2025-06: 142.962, 2025-09: 151.937, 2025-12: 176.989363, 2026-03: 175.772,
Rev. CAGR: 26.04%
Rev. Trend: 99.3%
Last SUE: 1.31
Qual. Beats: 7

Warnings

Choppy Below Avwap Earnings

Tailwinds

Confidence

Description: OPRA Opera

Opera Limited (OPRA) is an Oslo-based technology company that develops a suite of web browsers for mobile and PC platforms, including specialized versions for gaming (Opera GX) and AI-driven productivity (Opera Neon). The company monetizes its user base through the Opera Ads platform, e-commerce integrations, and subscription-based services. Beyond browsing, its portfolio includes the GameMaker 2D development engine and the AI-powered Opera News aggregation service.

Operating within the application software sector, Opera utilizes a multi-pronged revenue model that leverages search partnerships and digital advertising. This strategy allows the company to compete as an independent alternative to dominant default browsers by targeting high-engagement niche audiences like gamers and Web3 enthusiasts. Investors may find more granular financial metrics and peer comparisons on ValueRay.

Founded in 1995, Opera is currently a subsidiary of Kunlun Tech Co., Ltd. Its international footprint spans key markets in Europe, Asia, and North America, focusing on the integration of agentic AI and decentralized web technologies into the standard browsing experience.

Headlines to Watch Out For
  • Monetization of high-value Western users drives average revenue per user growth
  • Opera GX browser expansion increases gaming and advertising revenue opportunities
  • Adoption of AI-integrated features improves user engagement and retention metrics
  • Global advertising market trends dictate Opera Ads revenue performance and margins
  • Regulatory shifts in digital gatekeeper laws impact default browser market share
Piotroski VR-10 (Strict) 9.0
Net Income: 114.7m TTM > 0 and > 6% of Revenue
FCF/TA: 0.11 > 0.02 and ΔFCF/TA 3.44 > 1.0
NWC/Revenue: 18.97% < 20% (prev 22.56%; Δ -3.58% < -1%)
CFO/TA 0.13 > 3% & CFO 144.7m > Net Income 114.7m
Net Debt (-133.0m) to EBITDA (154.5m): -0.86 < 3
Current Ratio: 1.88 > 1.5 & < 3
Outstanding Shares: last quarter (91.1m) vs 12m ago 1.06% < -2%
Gross Margin: 58.51% > 18% (prev 0.66%; Δ 5.78k% > 0.5%)
Asset Turnover: 59.31% > 50% (prev 50.00%; Δ 9.31% > 0%)
Interest Coverage Ratio: 222.2 > 6 (EBITDA TTM 154.5m / Interest Expense TTM 607k)
Altman Z'' 8.42
A: 0.11 (Total Current Assets 263.1m - Total Current Liabilities 140.2m) / Total Assets 1.14b
B: 0.62 (Retained Earnings 705.7m / Total Assets 1.14b)
C: 0.12 (EBIT TTM 134.8m / Avg Total Assets 1.09b)
D: 4.64 (Book Value of Equity 704.6m / Total Liabilities 152.0m)
Altman-Z'' = 8.42 = AAA
Beneish M -2.90
DSRI: 0.85 (Receivables 114.4m/108.5m, Revenue 647.7m/521.5m)
GMI: 1.13 (GM 58.51% / 66.06%)
AQI: 0.98 (AQ_t 0.74 / AQ_t-1 0.76)
SGI: 1.24 (Revenue 647.7m / 521.5m)
TATA: -0.03 (NI 114.7m - CFO 144.7m) / TA 1.14b)
Beneish M = -2.90 (Cap -4..+1) = A
What is the price of OPRA shares?

As of May 25, 2026, the stock is trading at USD 17.53 with a total of 230,166 shares traded.
Over the past week, the price has changed by -2.57%, over one month by +1.16%, over three months by +41.25% and over the past year by +2.37%.

Is OPRA a buy, sell or hold?

Opera has received a consensus analysts rating of 4.71. Therefore, it is recommended to buy OPRA.

  • StrongBuy: 5
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the OPRA price?
Analysts Target Price 26.3 50%
Opera (OPRA) - Fundamental Data Overview as of 20 May 2026
P/E Trailing = 13.8413
P/S = 2.4104
P/B = 1.5774
Revenue TTM = 647.7m USD
EBIT TTM = 134.8m USD
EBITDA TTM = 154.5m USD
Long Term Debt = 4.00m USD (estimated: total debt 8.87m - short term 4.86m)
Short Term Debt = 4.86m USD (from shortTermDebt, last quarter)
Debt = 8.87m USD (from shortLongTermDebtTotal, last quarter) (leases 8.87m already included)
Net Debt = -133.0m USD (calculated: Debt 8.87m - CCE 141.9m)
Enterprise Value = 1.43b USD (1.56b + Debt 8.87m - CCE 141.9m)
Interest Coverage Ratio = 222.2 (Ebit TTM 134.8m / Interest Expense TTM 607k)
EV/FCF = 11.06x (Enterprise Value 1.43b / FCF TTM 129.2m)
FCF Yield = 9.04% (FCF TTM 129.2m / Enterprise Value 1.43b)
FCF Margin = 19.94% (FCF TTM 129.2m / Revenue TTM 647.7m)
Net Margin = 17.71% (Net Income TTM 114.7m / Revenue TTM 647.7m)
Gross Margin = 58.51% ((Revenue TTM 647.7m - Cost of Revenue TTM 268.7m) / Revenue TTM)
Gross Margin QoQ = 63.16% (prev 43.23%)
Tobins Q-Ratio = 1.25 (Enterprise Value 1.43b / Total Assets 1.14b)
Interest Expense / Debt = 6.84% (Interest Expense 607k / Debt 8.87m)
Taxrate = 17.06% (5.10m / 29.9m)
NOPAT = 111.8m (EBIT 134.8m * (1 - 17.06%))
Current Ratio = 1.88 (Total Current Assets 263.1m / Total Current Liabilities 140.2m)
Debt / Equity = 0.01 (Debt 8.87m / totalStockholderEquity, last quarter 989.0m)
Debt / EBITDA = -0.86 (Net Debt -133.0m / EBITDA 154.5m)
Debt / FCF = -1.03 (Net Debt -133.0m / FCF TTM 129.2m)
Total Stockholder Equity = 975.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 10.51% (Net Income 114.7m / Total Assets 1.14b)
RoE = 11.76% (Net Income TTM 114.7m / Total Stockholder Equity 975.8m)
RoCE = 13.76% (EBIT 134.8m / Capital Employed (Equity 975.8m + L.T.Debt 4.00m))
RoIC = 11.12% (NOPAT 111.8m / Invested Capital 1.01b)
WACC = 10.45% (E(1.56b)/V(1.57b) * Re(10.48%) + D(8.87m)/V(1.57b) * Rd(6.84%) * (1-Tc(0.17)))
Discount Rate = 10.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 0.94%
[DCF] Terminal Value 71.48% ; FCFF base≈110.4m ; Y1≈126.5m ; Y5≈186.2m
[DCF] Fair Price = 24.29 (EV 2.04b - Net Debt -133.0m = Equity 2.18b / Shares 89.6m; r=10.45% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -6.55 | EPS CAGR: -2.72% | SUE: 2.82 | # QB: 1
Revenue Correlation: 99.31 | Revenue CAGR: 26.04% | SUE: 1.31 | # QB: 7
EPS current Quarter (2026-06-30): EPS=0.33 | Chg30d=+8.78% | Revisions=+50% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.33 | Chg30d=-3.27% | Revisions=-14% | Analysts=5
EPS current Year (2026-12-31): EPS=1.41 | Chg30d=+0.03% | Revisions=+11% | GrowthEPS=+25.6% | GrowthRev=+19.8%
EPS next Year (2027-12-31): EPS=1.74 | Chg30d=-0.53% | Revisions=-11% | GrowthEPS=+23.8% | GrowthRev=+15.4%
[Analyst] Revisions Ratio: +50%