(OPRA) Opera - Ratings and Ratios

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

Browsers, News, VPN, Rewards, Gaming

EPS (Earnings per Share)

EPS (Earnings per Share) of OPRA over the last years for every Quarter: "2020-09": 0.08, "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: 2020-09: 42.416, 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: 77.834, 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,
Risk via 10d forecast
Volatility 56.2%
Value at Risk 5%th 81.6%
Relative Tail Risk -11.78%
Reward TTM
Sharpe Ratio -0.60
Alpha -48.59
Character TTM
Hurst Exponent 0.583
Beta 1.466
Beta Downside 1.596
Drawdowns 3y
Max DD 61.68%
Mean DD 33.26%
Median DD 35.62%

Description: OPRA Opera November 12, 2025

Opera Limited (NASDAQ:OPRA) develops and distributes mobile and PC web browsers-including Opera Mini, Opera for Android/iOS, and the performance-focused Opera GX-alongside ancillary services such as Opera VPN Pro, Opera News (AI-driven news aggregation), and a browser-based cashback rewards program.

The company also owns GameMaker Studio, a widely used 2D game development platform, the GXC gaming portal, and operates Opera Ads, an online advertising marketplace that leverages its browser ecosystem to sell display and video inventory, while exploring Web3 and e-commerce integrations.

As of the latest quarterly report, Opera reported ~420 million monthly active users and a 14% year-over-year revenue increase, driven largely by higher ad spend and growth in its premium VPN subscriptions; the broader application-software sector is benefiting from rising mobile data consumption and heightened privacy regulation, which both boost demand for lightweight browsers and secure-access tools.

Opera is a subsidiary of China-based Kunlun Tech Co., Ltd., and its stock trades under the “Application Software” GICS sub-industry, exposing it to competitive pressures from dominant players like Google Chrome and Apple Safari.

For a deeper dive into OPRA’s valuation metrics and peer comparisons, the ValueRay platform offers a structured analysis you may find useful.

OPRA Stock Overview

Market Cap in USD 1,175m
Sub-Industry Application Software
IPO / Inception 2018-07-27
Return 12m vs S&P 500 -37.7%
Analyst Rating 4.71 of 5

OPRA Dividends

Metric Value
Dividend Yield 6.17%
Yield on Cost 5y 11.36%
Yield CAGR 5y -33.33%
Payout Consistency 87.8%
Payout Ratio 72.1%

OPRA Growth Ratios

Metric Value
CAGR 3y 48.35%
CAGR/Max DD Calmar Ratio 0.78
CAGR/Mean DD Pain Ratio 1.45
Current Volume 955.5k
Average Volume 728.3k

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (81.3m TTM) > 0 and > 6% of Revenue (6% = 35.0m TTM)
FCFTA 0.08 (>2.0%) and ΔFCFTA 1.96pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 22.63% (prev 23.30%; Δ -0.67pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.09 (>3.0%) and CFO 99.2m > Net Income 81.3m (YES >=105%, WARN >=100%)
Net Debt (-110.2m) to EBITDA (107.5m) ratio: -1.02 <= 3.0 (WARN <= 3.5)
Current Ratio 2.31 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (90.8m) change vs 12m ago 1.47% (target <= -2.0% for YES)
Gross Margin 62.34% (prev 70.08%; Δ -7.75pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 56.31% (prev 43.02%; Δ 13.29pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 160.5 (EBITDA TTM 107.5m / Interest Expense TTM 556.0k) >= 6 (WARN >= 3)

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 (Balance) 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
Total Rating: 8.99 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 69.54

1. Piotroski 7.50pt
2. FCF Yield 8.42%
3. FCF Margin 15.37%
4. Debt/Equity 0.01
5. Debt/Ebitda -1.02
6. ROIC - WACC (= -3.54)%
7. RoE 8.62%
8. Rev. Trend 96.88%
9. EPS Trend 8.56%

What is the price of OPRA shares?

As of November 22, 2025, the stock is trading at USD 12.97 with a total of 955,530 shares traded.
Over the past week, the price has changed by -3.64%, over one month by -17.91%, over three months by -19.14% and over the past year by -29.96%.

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 25.5 96.6%
Analysts Target Price 25.5 96.6%
ValueRay Target Price 15.9 22.8%

OPRA Fundamental Data Overview November 20, 2025

Market Cap USD = 1.18b (1.18b USD * 1.0 USD.USD)
P/E Trailing = 14.5667
P/S = 2.0144
P/B = 1.2393
Beta = 1.163
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 = 1.07b USD (1.18b + Debt 8.82m - CCE 119.0m)
Interest Coverage Ratio = 160.5 (Ebit TTM 89.3m / Interest Expense TTM 556.0k)
FCF Yield = 8.42% (FCF TTM 89.7m / Enterprise Value 1.07b)
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 = 1.00 (Enterprise Value 1.07b / 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 = 7.67% (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 = 11.34% (E(1.18b)/V(1.18b) * Re(11.42%) + D(8.82m)/V(1.18b) * Rd(1.30%) * (1-Tc(0.18)))
Discount Rate = 11.42% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.87%
[DCF Debug] Terminal Value 71.25% ; FCFE base≈80.1m ; Y1≈98.9m ; Y5≈168.7m
Fair Price DCF = 18.81 (DCF Value 1.69b / Shares Outstanding 89.6m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 8.56 | EPS CAGR: 3.91% | SUE: 0.16 | # QB: 0
Revenue Correlation: 96.88 | Revenue CAGR: 22.45% | SUE: 1.07 | # QB: 5

Additional Sources for OPRA Stock

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