Opera Limited, together with its subsidiaries, provides mobile and PC web browsers. The company offers mobile browser products, such as Opera Mini, Opera for Android, and Opera Touch; PC browsers, including Opera for Computers and Opera GX; and Opera News, a personalized news aggregation app. It also provides fintech and payment products and solutions under the Dify brand name; and owns GameMaker, a 2D gaming development platform. In addition, the company operates online marketing platforms, including Opera Ads, online advertising platform; OLeads that provides small and medium enterprises free websites that Opera can monetize through online advertising leads; and OList, a part of the Opera for business offering in Nigeria. It operates in India, Ireland, Kenya, Russia, and internationally. The company was founded in 1996 and is headquartered in Oslo, Norway. Opera Limited is as subsidiary of Kunlun Tech Limited.
IPO Year: 2018
Exchange: NASDAQ
Website: opera.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/14/2023 | $20.00 | Buy | B. Riley Securities |
12/13/2023 | $16.50 | Buy | Goldman |
Revenue grew 20% year-over-year to $123.2 million, and exceeded the guidance range Adjusted EBITDA of $30.8 million, a 25% margin, also exceeded the guidance range Launched Opera One R2, a reimagined and updated version of Opera's flagship browser, bringing improvements to AI, tab management and multimedia Raises both revenue and adjusted EBITDA full-year guidance, now at 19% year-over-year growth at the midpoint with a corresponding increase in adjusted EBITDA expectations OSLO, Norway, Oct. 29, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA), one of the world's major browser developers and a leading internet consumer brand, today announced financial results for the quarter ended Septembe
OSLO, Norway, Oct. 16, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA), one of the world's major browser developers and a leading internet consumer brand, announced today that the company's third quarter 2024 financial results will be released before the market opens on Tuesday, October 29, 2024. The earnings release will be available on the investor relations section of our website at investor.opera.com. Management will host a conference call to discuss the third quarter 2024 financial results on the same day at 8:00 a.m. ET. Listeners may access the call by dialing the foll
Revenue grew 17% year-over-year to $109.7 million, and exceeded the guidance range Adjusted EBITDA of $26.6 million, a 24% margin, also exceeded the guidance range Product lineup further strengthened with Opera One launched on iOS along with rapid innovation across platforms Company increases both revenue and adjusted EBITDA guidance for the year, now at 17% year-over-year growth at a 24% adjusted EBITDA margin at the midpoints OSLO, Norway, Aug. 22, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA), one of the world's major browser developers and a leading internet consumer brand, today announced financial results for the quarter ended June 30, 2024.
OSLO, Norway, Aug. 7, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA), one of the world's major browser developers and a leading internet consumer brand, announced today that the company's second quarter 2024 financial results will be released before the market opens on Thursday, August 22, 2024. The earnings release will be available on the investor relations section of our website at https://investor.opera.com. Management will host a conference call to discuss the second quarter 2024 financial results on the same day at 8:00 a.m. ET. Listeners may access the call by dialing
OSLO, Norway, June 11, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA) ("Opera"), one of the world's major browser developers and a leading internet consumer brand, today announced that its Board of Directors has declared its upcoming semi-annual cash dividend for holders of Opera's ordinary shares as well as American Depositary Shares ("ADSs"), each representing two ordinary shares. Opera's next semi-annual dividend under its recurring dividend program will be $0.40 per ADS. Payment will be made to shareholders of record as of the close of business on July 2, 2024 (the "Reco
First quarter revenue of $101.9 million, +17% year-over-year growth and exceeding the guidance range First quarter adjusted EBITDA at $24.9 million, a 24% margin and also exceeding the guidance range High pace of innovation with continuous AI feature drops and taking advantage of our new AI data cluster in Iceland Company increases full-year revenue guidance to 16% year-over-year growth at a 24% adjusted EBITDA margin at the midpoints OSLO, Norway, April 25, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA), one of the world's major browser developers and a leading internet consumer brand, announced its unaudited financial results for the quarter ended March 31, 2024.
OSLO, Norway, April 11, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA), one of the world's major browser developers and a leading internet consumer brand, will report its first quarter 2024 results before the market opens on Thursday, April 25th, 2024. The quarterly report will be available on the investor relations section of our website at https://investor.opera.com. Management will host a conference call to discuss the first quarter 2024 financial results on Thursday, April 25th at 8:00 am Eastern Time (EDT). A live webcast of the conference call will be available on the
Fourth quarter revenue of $113.0 million, +17% YoY growth and at the top of $110-113 million guidance range Fourth quarter adjusted EBITDA at $27.8 million, a 25% margin and exceeding the $22-24 million guidance range 2023 expectations lifted quarter by quarter, full-year revenue concluded at $397 million or 20% annual growth, with adjusted EBITDA at $94 million or 38% annual growth following margin expansion of 300 basis points to 23.6% Company guides revenue of $450-465 million and a 24% adjusted EBITDA margin at the midpoint for 2024 Opera repurchased 1.15 million ADSs for $13 million in the fourth quarter, concluding its third repurchase program OSLO, Norway, Feb. 29, 2024 /PRNewswire/ -
OSLO, Norway, Feb. 21, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA), one of the world's major browser developers and a leading internet consumer brand, will report its fourth quarter 2023 results before the market opens on Thursday, February 29th, 2024. The quarterly report will be available on the investor relations section of our website at https://investor.opera.com. Management will host a conference call to discuss the fourth quarter 2023 financial results on Thursday, February 29th at 8:00 am Eastern Time (EDT). A live webcast of the conference call will be available
OSLO, Norway, Dec. 12, 2023 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA) ("Opera"), one of the world's major browser developers and a leading internet consumer brand, today announced that its Board of Directors has declared its upcoming semi-annual cash dividend for holders of Opera's ordinary shares as well as American Depositary Shares ("ADSs"), each representing two ordinary shares. Opera's next semi-annual dividend under its recurring dividend program, which was announced in June 2023, will be $0.40 per ADS. Payment will be made to shareholders of record as of the close of
OSLO, Norway, Oct. 23, 2024 /PRNewswire/ -- Opera (NASDAQ:OPRA), the Norwegian browser company, is releasing Opera One R2, the new major version of its AI-powered browser. Building upon the modular design and integrated AI capabilities of Opera One, which was released in 2023, the new Opera One R2 introduces a host of new features and enhancements, making it the most powerful and best-looking Opera browser to date. Opera One R2 features Opera's latest AI innovations. It also introduces dynamic themes that allow users to personalize their browsing experience with a static or animated interface, sound effects, and music. With this release Opera is also introducing
The ax-wielding, screen shattering marketing campaign aims to rid the internet of boring browsers, burying them one-by-one OSLO, Norway , Nov. 28, 2023 /PRNewswire/ -- Are you still using that generic, boring, weak-featured browser that came pre-installed on your laptop or device? Then run for cover, because Opera GX - the browser for gamers - and Eric André, comedian, actor and host of The Eric Andre Show, are on a rampage to bury boring browsers once and for all. In an exclusive new campaign, an ax-wielding Eric Andre mashes and smashes his way through the most uninspiring, outdated browsers on the internet. Does Eric's chaotic cull put your current browser i
B. Riley Securities resumed coverage of Opera with a rating of Buy and set a new price target of $20.00
Goldman initiated coverage of Opera with a rating of Buy and set a new price target of $16.50
Lake Street Capital reiterated coverage of Opera with a rating of Buy and set a new price target of $16.00 from $12.00 previously
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Key Takeaways: Opera GX rolls out its most immersive update since its 2019 debutA refreshed design language and expanded modding universe takes Opera GX to a new levelUnlocks deeper personalization options to tailor every detail to your styleOSLO, Norway, Nov. 20, 2024 /PRNewswire/ -- Opera (NASDAQ:OPRA) has unveiled a major facelift for Opera GX - a browser for gamers, featuring a bold new design language, an expanded modding universe, and numerous quality-of-life enhancements. With this update, Opera GX gives users complete freedom to personalize every detail, letting you shape your browser to perfectly match your style. "Five years ago, when we launched Opera
OSLO, Norway, Nov. 19, 2024 /PRNewswire/ -- Oslo-based browser company Opera (NASDAQ:OPRA) and Spotify, the world's largest audio streaming service, have partnered to make it easier than ever for users to listen to their favorite music, podcasts, and audiobooks while browsing on their computers. As part of this partnership, Spotify becomes the default streaming service within the upgraded Music Player in Opera's flagship browser, Opera One. Opera users* are also getting the chance to try out Spotify Premium for free for a limited time, unlocking ad-free music, the ability to download playlists and albums to listen offline, higher quality audio, and more.
(or any adjourned or postponed meeting thereof) OSLO, Norway, Nov. 4, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA), one of the world's major browser developers and a leading internet consumer brand, today announced that it will hold the 2024 annual general meeting of shareholders (the "AGM") at 3:00 p.m. Central European Time on December 3, 2024 at the Opera offices in Wroclaw, Poland (Opera Software, ul. Plac Teatralny 8, 50-051 Wroclaw, Poland). The agenda for this year's AGM is: A proposal of share consolidation of the Company's ordinary shares at a ratio of consolidati
Revenue grew 20% year-over-year to $123.2 million, and exceeded the guidance range Adjusted EBITDA of $30.8 million, a 25% margin, also exceeded the guidance range Launched Opera One R2, a reimagined and updated version of Opera's flagship browser, bringing improvements to AI, tab management and multimedia Raises both revenue and adjusted EBITDA full-year guidance, now at 19% year-over-year growth at the midpoint with a corresponding increase in adjusted EBITDA expectations OSLO, Norway, Oct. 29, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA), one of the world's major browser developers and a leading internet consumer brand, today announced financial results for the quarter ended Septembe
OSLO, Norway, Oct. 23, 2024 /PRNewswire/ -- Opera (NASDAQ:OPRA), the Norwegian browser company, is releasing Opera One R2, the new major version of its AI-powered browser. Building upon the modular design and integrated AI capabilities of Opera One, which was released in 2023, the new Opera One R2 introduces a host of new features and enhancements, making it the most powerful and best-looking Opera browser to date. Opera One R2 features Opera's latest AI innovations. It also introduces dynamic themes that allow users to personalize their browsing experience with a static or animated interface, sound effects, and music. With this release Opera is also introducing
OSLO, Norway, Oct. 16, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA), one of the world's major browser developers and a leading internet consumer brand, announced today that the company's third quarter 2024 financial results will be released before the market opens on Tuesday, October 29, 2024. The earnings release will be available on the investor relations section of our website at investor.opera.com. Management will host a conference call to discuss the third quarter 2024 financial results on the same day at 8:00 a.m. ET. Listeners may access the call by dialing the foll
OSLO, Norway, Oct. 10, 2024 /PRNewswire/ -- Opera (NASDAQ:OPRA), the browser company from Norway that first introduced tabs, is releasing a new tab-related feature: Tab Commands. This new feature lets users manage their tabs by chatting with Aria, Opera's built-in browser AI. From now on, Opera One users can summon Aria to close, group and pin tabs, as well as create bookmarks by typing in a prompt to Aria via the browser's unique Command Line.* Available now on the developer stream of Opera for desktop, this new AI Feature Drop represents the company's commitment to innovatio
OSLO, Norway, Sept. 26, 2024 /PRNewswire/ -- Opera (NASDAQ:OPRA), the innovative browser company from Norway, is announcing that its built-in browser AI – Aria – is now available to all desktop and gaming users, as well as users of Opera for Android in beta, without the log-in requirement. Previously, users needed to sign in to their Opera account to access Aria's features. This change lowers the threshold for Opera's wide audience to experience Aria's full potential, including Image Generation, Image Understanding, Page Context mode, and more. "We believe that AI should be av
OSLO, Norway, Sept. 9, 2024 /PRNewswire/ -- Opera GX, the browser for gamers, has become Riot Games' Preferred Browser Partner of League of Legends Esports Global Events just in time for the 2024 League of Legends World Championship (Worlds 2024). Opera GX will enhance the viewing experience with special access to a Co-Streamer Hub, Worlds Unlocked digital drops exclusive to Opera GX users, and custom browser mods designed to resonate with LoL players and fans. This multi-year partnership will evolve over time with even more features in the future. This is more than just anoth
OSLO, Norway, Aug. 30, 2024 /PRNewswire/ -- Opera Limited (NASDAQ:OPRA), one of the world's major browser developers and a leading internet consumer brand, announced today the appearance of company executives at upcoming investor conferences. Event Details: Citi's 2024 Global TMT Conference on September 6, 2024. Per Wetterdal, EVP Commercial, will present at a fireside chat at 1:20 p.m. ET. Goldman Sachs Communacopia + Technology Conference on September 9, 2024. Frode Jacobsen, Chief Financial Officer, will present at a fireside chat at 3:45 p.m. PT. A live audio webcast and r
Opera News - the personalized news aggregator from global web innovator Opera - has won over the Brazilian news market. As of 15 July 2024, the platform has become the #2 app in the News & Magazines category in the Google Play Store in Brazil, and second, according to data.ai, in terms of active users in the country.
Shares of Skye Bioscience, Inc. (NASDAQ:SKYE) fell sharply during Monday's session after the company announced its SBI-100 Ophthalmic Emulsion Phase 2a trial did not achieve target product profile and has discontinued the program. Skye Bioscience shares tumbled 18.9% to $8.87 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Big Tree Cloud Holdings Limited (NASDAQ:DSY) shares jumped 123% to $4.3001 following the completion of the company’s business combination with Plutonian Acquisition Corp. and amid continued volatility following its Nasdaq debut last week. KWESST Micro Systems Inc. (NASDAQ:KWE) gained 79.8% to $0.7082 after the company was aw
U.S. stocks were mixed, with the Dow Jones index falling around 0.2% on Monday. Shares of ICC Holdings, Inc. (NASDAQ:ICCH) rose sharply during Monday's session. Mutual Capital Group announced plans to acquire ICC Holdings, Inc. for $23.50 per share in a $73.8 million transaction. ICC Holdings shares jumped 43% to $22.03 on Monday. Here are some other big stocks recording gains in today’s session. QXO, Inc. (NASDAQ:QXO) climbed 28.6% to $283.00. Opera Limited (NASDAQ:OPRA) shares gained 22% to $16.83. Ivanhoe Electric Inc. (NYSE:IE) rose 18% to $10.74. iLearningEngines, Inc. (NASDAQ:AILE) surged 17.5% to $5.58. Cactus, Inc. (NYSE:WHD) surged 13.6% to $53.19. SEA
Opera Limited (NASDAQ:OPRA) shares are climbing as traders circulate unconfirmed rumors that Opera will have some involvement in Apple Inc.'s (NASDAQ:AAPL) WWDC event Monday. What To Know: Apple is hosting its WWDC event in California with keynote events on Monday expected to reveal new software and features including iOS 18, iPadOS 18, macOS 15, tvOS 18, watchOS 11 and visionOS 2. Opera shares are moving on heavy trading volume as traders circulate rumors of Opera's possible involvement at Apple's WWDC event. According to data from Benzinga Pro, more than 3.25 million shares have already been traded in the session, compared to the stock’s 100-day average of less than 850,000 shares
In the newest AI Feature Drop, the Opera One browser is gaining access to Google Cloud's Gemini models in the Aria browser AI, as well as image generation and text-to-voice capabilities thanks to a deeper cooperation between the companies and integration of Google's flagship models.
Opera, the innovative web browser known for its speed and unique features, has released an Arm-Optimized version of the browser with support from Microsoft's App Assure team and Qualcomm Technologies, Inc. This new build of the browser delivers over twice* the speed on Arm-based Windows systems, and arrives perfectly ahead of the awaited release of products powered by Snapdragon® X Elite Platform from Qualcomm Technologies. Users will now be able to experience a native version of Opera – embracing the next generation of web browsing on Arm architecture.
Opera (NASDAQ:OPRA) reported quarterly earnings of $0.17 per share which missed the analyst consensus estimate of $0.24 by 29.17 percent. This is unchanged from the same period last year. The company reported quarterly sales of $101.87 million which beat the analyst consensus estimate of $100.13 million by 1.74 percent. This is a 17.02 percent increase over sales of $87.05 million the same period last year.