OPRA Stock Analysis: Opera | NASDAQ
Internet Content & Information | NASDAQ, USA | Market Cap: 1.575m USD | 12M Return: 12.5% | US68373M1071 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.37M
EPS Trend: -68.7%
Qual. Beats: 0
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 8.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Opera Limited is a Norway-based software company that develops mobile and PC web browsers and related digital products for users in Ireland, Singapore, the United States, and other international markets. Its product portfolio spans multiple specialized browsers, including the Opera One browser, the Opera AI browser, the gaming-focused Opera GX, and the subscription-based agentic AI browser Opera Neon. Beyond browsers, the company operates an online advertising platform (Opera Ads), a 2D game development platform (GameMaker), an AI-powered news aggregation service (Opera News), and Web3 and e-commerce offerings. Founded in 1995 and headquartered in Oslo, Opera is a controlled subsidiary of Kunlun Tech Co., Ltd., a Chinese technology group.
Opera operates within the Application Software sub-industry of the broader Information Technology sector. As a browser-focused business, its model is closely tied to digital advertising and search-related monetization, supplemented by premium subscriptions (notably Opera Neon) and ancillary services like gaming tools and news aggregation. Its product suite positions it as a niche alternative in the global browser market, which is dominated by a small number of large competitors.
- Emerging market browser users fuel advertising revenue growth
- Opera Neon AI subscriptions expand high-margin revenue mix
- Kunlun Tech Chinese parent ownership creates regulatory headwind risk
| Net Income: 126.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 1.22 > 1.0 |
| NWC/Revenue: 21.07% < 20% (prev 25.75%; Δ -4.67% < -1%) |
| CFO/TA 0.12 > 3% & CFO 134.3m > Net Income 126.5m |
| Net Debt (-137.2m) to EBITDA (166.3m): -0.82 < 3 |
| Current Ratio: 2.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (91.1m) vs 12m ago 0.84% < -2% |
| Gross Margin: 52.89% > 18% (prev 63.91%; Δ -11.02% > 0.5%) |
| Asset Turnover: 61.13% > 50% (prev 51.86%; Δ 9.27% > 0%) |
| Interest Coverage Ratio: 296.3 > 6 (EBIT TTM 145.9m / Interest Expense TTM 492k) |
| A: 0.12 (Total Current Assets 281.0m - Total Current Liabilities 137.2m) / Total Assets 1.16b |
| B: 0.64 (Retained Earnings 741.2m / Total Assets 1.16b) |
| C: 0.13 (EBIT TTM 145.9m / Avg Total Assets 1.12b) |
| D: 6.81 (Book Value of Equity 1.01b / Total Liabilities 148.8m) |
| Altman-Z'' = 10.92 = AAA |
| DSRI: 1.02 (Receivables 129.1m/103.3m, Revenue 682.2m/554.7m) |
| GMI: 1.21 (GM 63.91% / 52.89%) |
| AQI: 0.99 (AQ_t 0.73 / AQ_t-1 0.74) |
| SGI: 1.23 (Revenue 682.2m / 554.7m) |
| TATA: -0.01 (NI 126.5m - CFO 134.3m) / TA 1.16b) |
| Beneish M = -2.67 (Cap -4..+1) = A |
As of October 13, 2026, the stock is trading at USD 17.61 with a total of 238,075 shares traded. Over the past week, the price has changed by -0.56%, over one month by -4.45%, over three months by -6.33% and over the past year by +12.45%.
Current recommended Stop Loss: 16.90 (which is 4% or 1.3 ATR below the current price).
Opera has received a consensus analysts rating of 4.83. Therefore, it is recommended to buy OPRA.
- StrongBuy: 5
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 26.3 | 49.3% |
P/E Trailing = 12.741
P/S = 2.3057
P/B = 1.5574
Revenue TTM = 682.2m USD
EBIT TTM = 145.9m USD
EBITDA TTM = 166.3m USD
Long Term Debt = 3.24m USD (estimated: total debt 8.00m - short term 4.76m)
Short Term Debt = 4.76m USD (from shortTermDebt, last quarter)
Debt = 8.00m USD (from shortLongTermDebtTotal, last quarter) (leases 8.00m already included)
Net Debt = -137.2m USD (calculated: Debt 8.00m - CCE 145.2m)
Enterprise Value = 1.44b USD (1.57b + Debt 8.00m - CCE 145.2m)
Interest Coverage Ratio = 296.3 (Ebit TTM 145.9m / Interest Expense TTM 492k)
EV/FCF = 11.91x (Enterprise Value 1.44b / FCF TTM 120.7m)
FCF Yield = 8.40% (FCF TTM 120.7m / Enterprise Value 1.44b)
FCF Margin = 17.69% (FCF TTM 120.7m / Revenue TTM 682.2m)
Net Margin = 18.54% (Net Income TTM 126.5m / Revenue TTM 682.2m)
Gross Margin = 52.89% ((Revenue TTM 682.2m - Cost of Revenue TTM 321.4m) / Revenue TTM)
Gross Margin QoQ = 41.69% (prev 63.16%)
Tobins Q-Ratio = 1.24 (Enterprise Value 1.44b / Total Assets 1.16b)
Interest Expense / Debt = 6.15% (Interest Expense 492k / Debt 8.00m)
Taxrate = 15.69% (23.5m / 150.0m)
NOPAT = 123.0m (EBIT 145.9m * (1 - 15.69%))
Current Ratio = 2.05 (Total Current Assets 281.0m / Total Current Liabilities 137.2m)
Debt / Equity = 0.01 (Debt 8.00m / totalStockholderEquity, last quarter 1.01b)
Debt / EBITDA = -0.82 (Net Debt -137.2m / EBITDA 166.3m)
Debt / FCF = -1.14 (Net Debt -137.2m / FCF TTM 120.7m)
Total Stockholder Equity = 990.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 11.34% (Net Income 126.5m / Total Assets 1.16b)
RoE = 12.78% (Net Income TTM 126.5m / Total Stockholder Equity 990.2m)
RoCE = 14.69% (EBIT 145.9m / Capital Employed (Equity 990.2m + L.T.Debt 3.24m))
RoIC = 12.36% (NOPAT 123.0m / Invested Capital 995.6m)
WACC = 10.63% (E(1.57b)/V(1.58b) * Re(10.66%) + D(8.00m)/V(1.58b) * Rd(6.15%) * (1-Tc(0.16)))
Discount Rate = 10.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.07 | Cagr: 0.91%
[DCF] Terminal Value 70.95% ; FCFF base≈111.6m ; Y1≈127.9m ; Y5≈188.3m
[DCF] Fair Price = 24.24 (EV 2.02b - Net Debt -137.2m = Equity 2.16b / Shares 88.9m; r=10.63% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -68.70 | EPS CAGR: -23.91% | SUE: 0.0 | # QB: 0
Revenue Correlation: 99.48 | Revenue CAGR: 26.70% | SUE: 0.07 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.36 | Chg30d=+9.40% | Revisions=+40% | Analysts=4
EPS current Year (2026-12-31): EPS=1.45 | Chg30d=+3.31% | Revisions=+12% | GrowthEPS=+29.7% | GrowthRev=+20.4%
EPS next Year (2027-12-31): EPS=1.79 | Chg30d=+2.68% | Revisions=+12% | GrowthEPS=+23.1% | GrowthRev=+15.3%
[Analyst] Revisions Ratio: +27% (up=8, down=4)