Opera LtdOPRA
About: Opera Ltd is a world-wide internet brand with a large, engaged and growing base. It offers users products and services that include a variety of PC and mobile browsers, Opera Gaming portals and development tools, Opera News content recommendation products, and a number of e-commerce products and services. Its features include tabbed browsing, data savings, PC/mobile sync, and numerous features focused on privacy and security, including ad blocking and a built-in VPN. Its browser products include Opera Mini, Opera Browser for Android and iOS, Opera for Computers, Opera GX and Opera GX Mobile, separate browsers tailored for gamers. The newest addition of browsers is the beta release of a Web3-centric browser for PC and mobile which is tailored for crypto enthusiasts.
Employees: 657
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
45% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 22
9% more funds holding
Funds holding: 117 [Q2] → 127 (+10) [Q3]
3% more capital invested
Capital invested by funds: $120M [Q2] → $123M (+$3.71M) [Q3]
3% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 39
0.14% more ownership
Funds ownership: 4.82% [Q2] → 4.96% (+0.14%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
24% less call options, than puts
Call options by funds: $19M | Put options by funds: $24.9M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
TD Cowen Lance Vitanza 67% 1-year accuracy 16 / 24 met price target | 45%upside $28 | Buy Maintained | 30 Oct 2024 |
Lake Street Mark Argento 50% 1-year accuracy 2 / 4 met price target | 19%upside $23 | Buy Maintained | 30 Oct 2024 |
B. Riley Securities Lee Krowl 100% 1-year accuracy 3 / 3 met price target | 29%upside $25 | Buy Reiterated | 30 Oct 2024 |
Goldman Sachs Eric Sheridan 61% 1-year accuracy 38 / 62 met price target | 19%upside $23 | Buy Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 4 articles about OPRA published over the past 30 days