(OPRA) Opera - Ratings and Ratios

Exchange: NASDAQ • Country: Norway • Currency: USD • Type: Common Stock • ISIN: US68373M1071

Browser, News, VPN, Ads, Gaming

EPS (Earnings per Share)

EPS (Earnings per Share) of OPRA over the last years for every Quarter: "2020-12": 0.3, "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,

Revenue

Revenue of OPRA over the last years for every Quarter: 2020-12: 50.446, 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,

Dividends

Dividend Yield 6.93%
Yield on Cost 5y 11.05%
Yield CAGR 5y -18.35%
Payout Consistency 89.6%
Payout Ratio 72.1%
Risk via 5d forecast
Volatility 51.1%
Value at Risk 5%th 77.5%
Relative Tail Risk -7.93%
Reward TTM
Sharpe Ratio -0.33
Alpha -42.67
CAGR/Max DD 0.54
Character TTM
Hurst Exponent 0.552
Beta 1.486
Beta Downside 1.594
Drawdowns 3y
Max DD 61.68%
Mean DD 35.60%
Median DD 39.49%

Description: OPRA Opera January 15, 2026

Opera Ltd (NASDAQ:OPRA) develops and distributes a portfolio of mobile and desktop web browsers-including Opera Mini, Opera for Android/iOS, and the performance-focused Opera GX-plus ancillary services such as Opera VPN Pro, AI-driven Opera News, and a cashback rewards ecosystem.

Beyond browsing, the company leverages its user base to operate the GameMaker Studio 2D game-development platform, the GXC gaming portal, and the Opera Ads network, while also exploring Web3 and e-commerce integrations.

Key metrics (as of Q4 2023) indicate that Opera’s mobile browsers collectively exceed 400 million monthly active users, with ad-supported revenue growing at an estimated 12-15 % YoY, driven by rising digital-ad spend in Europe and Asia-Pacific. The gaming segment contributes roughly 20 % of total revenue, reflecting broader sector growth where global mobile gaming spend is projected to reach $120 bn in 2025.

Operating as a subsidiary of Kunlun Tech, Opera benefits from shared infrastructure and cross-selling opportunities, but its financial exposure remains tied to the volatility of ad markets and the adoption rate of its emerging Web3 services.

For a deeper quantitative breakdown, see the OPRA profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 8.5

Net Income: 81.3m TTM > 0 and > 6% of Revenue
FCF/TA: 0.08 > 0.02 and ΔFCF/TA 1.95 > 1.0
NWC/Revenue: 22.63% < 20% (prev 23.30%; Δ -0.67% < -1%)
CFO/TA 0.09 > 3% & CFO 99.2m > Net Income 81.3m
Net Debt (-110.2m) to EBITDA (107.5m): -1.02 < 3
Current Ratio: 2.31 > 1.5 & < 3
Outstanding Shares: last quarter (90.8m) vs 12m ago 1.47% < -2%
Gross Margin: 62.34% > 18% (prev 0.70%; Δ 6164 % > 0.5%)
Asset Turnover: 56.31% > 50% (prev 43.02%; Δ 13.29% > 0%)
Interest Coverage Ratio: 160.5 > 6 (EBITDA TTM 107.5m / Interest Expense TTM 556.0k)

Altman Z'' 8.99

A: 0.12 (Total Current Assets 233.2m - Total Current Liabilities 101.2m) / Total Assets 1.06b
B: 0.58 (Retained Earnings 612.1m / Total Assets 1.06b)
C: 0.09 (EBIT TTM 89.3m / Avg Total Assets 1.04b)
D: 5.44 (Book Value of Equity 610.4m / Total Liabilities 112.1m)
Altman-Z'' Score: 8.99 = AAA

Beneish M -2.69

DSRI: 1.02 (Receivables 108.2m/79.2m, Revenue 583.4m/435.6m)
GMI: 1.12 (GM 62.34% / 70.08%)
AQI: 0.97 (AQ_t 0.75 / AQ_t-1 0.77)
SGI: 1.34 (Revenue 583.4m / 435.6m)
TATA: -0.02 (NI 81.3m - CFO 99.2m) / TA 1.06b)
Beneish M-Score: -2.69 = A

ValueRay F-Score (Strict, 0-100) 72.70

1. Piotroski: 8.50pt
2. FCF Yield: 8.34%
3. FCF Margin: 15.37%
4. Debt/Equity: 0.01
5. Debt/Ebitda: -1.02
6. ROIC - WACC: -3.51%
7. RoE: 8.62%
8. Revenue Trend: 98.28%
9. EPS Trend: 49.87%

What is the price of OPRA shares?

As of January 25, 2026, the stock is trading at USD 13.51 with a total of 334,466 shares traded.
Over the past week, the price has changed by -3.98%, over one month by -3.88%, over three months by -9.93% and over the past year by -20.92%.

Is OPRA a buy, sell or hold?

Opera has received a consensus analysts rating of 4.71. Therefore, it is recommended to buy OPRA.
  • Strong Buy: 5
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the OPRA price?

Issuer Target Up/Down from current
Wallstreet Target Price 25.1 85.6%
Analysts Target Price 25.1 85.6%
ValueRay Target Price 16.6 23.1%

OPRA Fundamental Data Overview January 22, 2026

P/E Trailing = 14.7
P/S = 2.0328
P/B = 1.252
Revenue TTM = 583.4m USD
EBIT TTM = 89.3m USD
EBITDA TTM = 107.5m USD
Long Term Debt = 8.82m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 4.17m USD (from shortTermDebt, last quarter)
Debt = 8.82m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -110.2m USD (from netDebt column, last quarter)
Enterprise Value = 1.08b USD (1.19b + Debt 8.82m - CCE 119.0m)
Interest Coverage Ratio = 160.5 (Ebit TTM 89.3m / Interest Expense TTM 556.0k)
EV/FCF = 12.00x (Enterprise Value 1.08b / FCF TTM 89.7m)
FCF Yield = 8.34% (FCF TTM 89.7m / Enterprise Value 1.08b)
FCF Margin = 15.37% (FCF TTM 89.7m / Revenue TTM 583.4m)
Net Margin = 13.93% (Net Income TTM 81.3m / Revenue TTM 583.4m)
Gross Margin = 62.34% ((Revenue TTM 583.4m - Cost of Revenue TTM 219.7m) / Revenue TTM)
Gross Margin QoQ = 65.35% (prev 64.42%)
Tobins Q-Ratio = 1.02 (Enterprise Value 1.08b / Total Assets 1.06b)
Interest Expense / Debt = 1.30% (Interest Expense 115.0k / Debt 8.82m)
Taxrate = 17.56% (3.97m / 22.6m)
NOPAT = 73.6m (EBIT 89.3m * (1 - 17.56%))
Current Ratio = 2.31 (Total Current Assets 233.2m / Total Current Liabilities 101.2m)
Debt / Equity = 0.01 (Debt 8.82m / totalStockholderEquity, last quarter 947.6m)
Debt / EBITDA = -1.02 (Net Debt -110.2m / EBITDA 107.5m)
Debt / FCF = -1.23 (Net Debt -110.2m / FCF TTM 89.7m)
Total Stockholder Equity = 943.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.84% (Net Income 81.3m / Total Assets 1.06b)
RoE = 8.62% (Net Income TTM 81.3m / Total Stockholder Equity 943.3m)
RoCE = 9.38% (EBIT 89.3m / Capital Employed (Equity 943.3m + L.T.Debt 8.82m))
RoIC = 7.80% (NOPAT 73.6m / Invested Capital 943.3m)
WACC = 11.31% (E(1.19b)/V(1.19b) * Re(11.39%) + D(8.82m)/V(1.19b) * Rd(1.30%) * (1-Tc(0.18)))
Discount Rate = 11.39% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.87%
[DCF Debug] Terminal Value 71.26% ; FCFF base≈80.2m ; Y1≈98.9m ; Y5≈168.5m
Fair Price DCF = 20.10 (EV 1.69b - Net Debt -110.2m = Equity 1.80b / Shares 89.6m; r=11.31% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 49.87 | EPS CAGR: 167.8% | SUE: 0.16 | # QB: 0
Revenue Correlation: 98.28 | Revenue CAGR: 21.75% | SUE: 1.07 | # QB: 5
EPS next Quarter (2026-03-31): EPS=0.33 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=1.54 | Chg30d=+0.000 | Revisions Net=-2 | Growth EPS=+26.6% | Growth Revenue=+14.6%

Additional Sources for OPRA Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle