OPRA Stock Analysis: Opera | NASDAQ
Internet Content & Information | NASDAQ, USA | Market Cap: 1.606m USD | 12M Return: -0.6% | US68373M1071 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.05M
EPS Trend: -68.7%
Qual. Beats: 0
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 8 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: 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 September 22, 2026, the stock is trading at USD 18.13 with a total of 459,081 shares traded. Over the past week, the price has changed by -1.63%, over one month by -4.38%, over three months by -0.70% and over the past year by -0.58%.
Current recommended Stop Loss: 17.00 (which is 6.2% or 1.9 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 | 45% |
P/E Trailing = 13.087
P/S = 2.3512
P/B = 1.5846
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 = 1.47b USD (1.61b + Debt 8.00m - CCE 145.2m)
Interest Coverage Ratio = 296.3 (Ebit TTM 145.9m / Interest Expense TTM 492k)
EV/FCF = 12.17x (Enterprise Value 1.47b / FCF TTM 120.7m)
FCF Yield = 8.22% (FCF TTM 120.7m / Enterprise Value 1.47b)
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 = 1.26 (Enterprise Value 1.47b / 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 = 10.67% (E(1.61b)/V(1.61b) * Re(10.70%) + D(8.00m)/V(1.61b) * Rd(6.15%) * (1-Tc(0.16)))
Discount Rate = 10.70% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.07 | Cagr: 0.91%
[DCF] Terminal Value 70.84% ; FCFF base≈111.6m ; Y1≈127.9m ; Y5≈188.3m
[DCF] Fair Price = 24.12 (EV 2.01b - Net Debt -137.2m = Equity 2.15b / Shares 88.9m; r=10.67% [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)