OPRA Stock Analysis: Opera | NASDAQ
Internet Content & Information | NASDAQ, USA | Market Cap: 1.762m USD | 12M Return: 2.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.15M
EPS Trend: -41.5%
Qual. Beats: 0
Rev. Trend: 99.3%
Qual. Beats: 7
Warnings
No concerns identified
Tailwinds
Seasonality 7.9 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 (NASDAQ: OPRA) is a Norwegian-headquartered software company founded in 1995 that develops mobile and PC web browsers and related digital services for users across Ireland, Singapore, the United States, and other international markets. Listed on NASDAQ since July 2018 and operating as a subsidiary of Kunlun Tech Co., Ltd., the company sits within the Information Technology sector, specifically the Application Software sub-industry.
Its product portfolio centers on specialized browsers such as Opera One, Opera AI, Opera GX, and Opera Neon (a subscription-based agentic AI browser targeting productivity users), complemented by a broader ecosystem of services. These include Opera Ads (an online advertising platform), GameMaker (a 2D game development platform), and Opera News (an AI-powered personalized news aggregation service), reflecting a diversified business model that extends beyond browser software into advertising, gaming tooling, and AI-driven content delivery.
- Opera Neon AI subscription drives high-margin recurring revenue growth
- Search partnership revenue with Google and Yandex anchors top line
- Emerging market user base expansion fuels Opera Ads monetization
| 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 66.06%; Δ -7.55% > 0.5%) |
| Asset Turnover: 59.31% > 50% (prev 50.00%; Δ 9.31% > 0%) |
| Interest Coverage Ratio: 222.2 > 6 (EBIT TTM 134.8m / Interest Expense TTM 607k) |
| 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: 6.51 (Book Value of Equity 989.0m / Total Liabilities 152.0m) |
| Altman-Z'' = 10.39 = AAA |
| DSRI: 0.85 (Receivables 114.4m/108.5m, Revenue 647.7m/521.5m) |
| GMI: 1.13 (GM 66.06% / 58.51%) |
| 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 = -2.88 (Cap -4..+1) = A |
As of July 11, 2026, the stock is trading at USD 19.20 with a total of 282,586 shares traded. Over the past week, the price has changed by -1.60%, over one month by +11.96%, over three months by +32.75% and over the past year by +2.13%.
Current recommended Stop Loss: 18.30 (which is 4.7% or 1.3 ATR below the current price).
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
| Analysts Target Price | 26.3 | 36.9% |
P/E Trailing = 15.619
P/S = 2.72
P/B = 1.802
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 = 1.63b USD (1.76b + Debt 8.87m - CCE 141.9m)
Interest Coverage Ratio = 222.2 (Ebit TTM 134.8m / Interest Expense TTM 607k)
EV/FCF = 12.61x (Enterprise Value 1.63b / FCF TTM 129.2m)
FCF Yield = 7.93% (FCF TTM 129.2m / Enterprise Value 1.63b)
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 = 1.43 (Enterprise Value 1.63b / Total Assets 1.14b)
Interest Expense / Debt = 6.84% (Interest Expense 607k / Debt 8.87m)
Taxrate = 14.54% (19.5m / 134.2m)
NOPAT = 115.2m (EBIT 134.8m * (1 - 14.54%))
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 = 11.84% (NOPAT 115.2m / Invested Capital 973.2m)
WACC = 10.71% (E(1.76b)/V(1.77b) * Re(10.73%) + D(8.87m)/V(1.77b) * Rd(6.84%) * (1-Tc(0.15)))
Discount Rate = 10.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 0.94%
[DCF] Terminal Value 70.74% ; FCFF base≈110.4m ; Y1≈126.5m ; Y5≈186.2m
[DCF] Fair Price = 23.57 (EV 1.98b - Net Debt -133.0m = Equity 2.11b / Shares 89.6m; r=10.71% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -41.54 | EPS CAGR: -16.59% | SUE: 0.32 | # QB: 0
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=+57% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.33 | Chg30d=-3.27% | Revisions=-17% | Analysts=5
EPS current Year (2026-12-31): EPS=1.41 | Chg30d=+0.03% | Revisions=+12% | GrowthEPS=+25.6% | GrowthRev=+19.8%
EPS next Year (2027-12-31): EPS=1.74 | Chg30d=-0.53% | Revisions=-12% | GrowthEPS=+23.8% | GrowthRev=+15.4%
[Analyst] Revisions Ratio: +15% (up=10, down=7)