Opera Limited Sponsored ADR (NASDAQ:OPRA) Given Consensus Recommendation of “Moderate Buy” by Analysts

Opera Limited Sponsored ADR (NASDAQ:OPRA) has received an average recommendation of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $23.50.

A number of brokerages have recently commented on OPRA. Weiss Ratings reiterated a “hold (c)” rating on shares of Opera in a research note on Monday, December 29th. Zacks Research upgraded Opera from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Finally, The Goldman Sachs Group cut their price target on Opera from $24.50 to $21.50 and set a “buy” rating on the stock in a research note on Tuesday, January 13th.

Hedge Funds Weigh In On Opera

A number of hedge funds have recently modified their holdings of the business. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Opera in the third quarter worth $42,000. Huntington National Bank lifted its holdings in Opera by 37.8% during the 3rd quarter. Huntington National Bank now owns 3,305 shares of the company’s stock worth $68,000 after buying an additional 906 shares during the period. GAMMA Investing LLC grew its position in shares of Opera by 46.7% in the 2nd quarter. GAMMA Investing LLC now owns 4,016 shares of the company’s stock valued at $76,000 after buying an additional 1,279 shares during the last quarter. State of Tennessee Department of Treasury acquired a new stake in shares of Opera in the second quarter valued at about $83,000. Finally, Quent Capital LLC acquired a new stake in shares of Opera in the fourth quarter valued at about $212,000. Institutional investors and hedge funds own 10.21% of the company’s stock.

Opera Price Performance

OPRA stock opened at $14.10 on Thursday. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 15.67 and a beta of 1.23. The company has a 50 day simple moving average of $13.93 and a 200 day simple moving average of $15.62. Opera has a 1 year low of $12.41 and a 1 year high of $22.50.

Opera Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, January 14th. Shareholders of record on Wednesday, January 7th were issued a dividend of $0.40 per share. This represents a yield of 554.0%. The ex-dividend date of this dividend was Wednesday, January 7th. Opera’s payout ratio is presently 86.67%.

Key Headlines Impacting Opera

Here are the key news stories impacting Opera this week:

• Positive Sentiment: Company says Q4 revenue and adjusted EBITDA are expected to come in above prior guidance; Q4 revenue is expected to exceed $170M and full-year revenue growth topped ~26%, indicating stronger near-term profitability and top-line momentum. Opera Q4 revenue and adjusted EBITDA expected to exceed guidance
• Positive Sentiment: Partnership expansion with Tether to add USDT and Tether Gold to Opera’s MiniPay self-custodial wallet on Celo — this broadens payment rails and stablecoin access for users in emerging markets, which could increase MiniPay adoption and in-wallet transaction volume. Tether and Opera Expand Financial Access
• Neutral Sentiment: Several news items about classical/opera performances (Houston Grand Opera Grammy, Opera Philadelphia shows, college opera galas) are unrelated to Opera Limited the tech company; they are unlikely to affect OPRA’s fundamentals. Houston Grand Opera wins third Grammy
• Neutral Sentiment: Local/regional opera event coverage (e.g., Opera Philadelphia, Ball State Gala, Griffin Opera House) — media/arts stories that investors can ignore for company-specific impact. Opera Philadelphia presents “Complications in Sue”
• Negative Sentiment: Sell-side / commentary pieces noting that OPRA hit a new 52-week low recently or questioning near-term downside risk — raises caution that despite upbeat news, shares can be volatile and valuation/volume trends merit monitoring. Opera Sets New 52-Week Low

About Opera

Opera Limited (NASDAQ: OPRA) is a global software and internet services company best known for its cross-platform web browsers, including the flagship Opera Browser, Opera Mini for mobile devices and Opera GX designed for the gaming community. The company integrates features such as ad blocking, built-in VPN services and a cryptocurrency wallet into its desktop and mobile applications, aiming to deliver fast, secure and feature-rich browsing experiences to hundreds of millions of users worldwide.

Beyond its consumer-facing browsers, Opera operates Opera News, a personalized content and news aggregation platform with a strong presence in Africa and Asia, and Opera Ads, a digital advertising network that leverages user-behavior data to provide targeted ad placements across devices.