OPRA - Opera Limited

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
9.71
+0.51 (+5.54%)
At close: 4:00PM EST
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Previous Close9.20
Open9.09
Bid0.00 x 900
Ask0.00 x 900
Day's Range9.09 - 10.03
52 Week Range5.31 - 14.94
Volume716,280
Avg. Volume260,900
Market Cap1.13B
Beta (3Y Monthly)N/A
PE Ratio (TTM)36.50
EPS (TTM)0.27
Earnings DateNov 14, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est16.75
  • 3 ‘Strong Buy’ Tech Stocks Flying Under the Radar
    TipRanks

    3 ‘Strong Buy’ Tech Stocks Flying Under the Radar

    Tech heavy weights have undoubtedly revolutionized the world we live in. Household names like Apple (AAPL) and Microsoft (MSFT) are widely considered to be disruptive forces in the industry, offering innovative approaches with their respective products. This is perhaps why investors will often turn to these more well-known tech giants when searching for investments capable of bringing home the bacon.However, the pros on Wall Street suggest going about this in a different way. Many analysts believe that while harder to spot, lesser-known tech stocks can make more compelling investments as some offer significantly larger upside potential than other top dogs. But how are investors supposed to find the tech stocks that have largely escaped media attention? We recommend using TipRanks.com.The platform’s wealth of market data helped us zero in on 3 tech stocks set to reward investors handsomely through the next year and beyond. It also doesn’t hurt that each of the tickers has amassed enough support from analysts over the last three months to earn a “Strong Buy” consensus rating. With that in mind, let’s dive right in.Cerence (CRNC)The Nuance Communications spin-off is a digital AI assistant for vehicles, built to improve overall customer safety. When considering the technology’s potential implications, it’s easy to see why the Street’s focus has locked in on CRNC.Raymond James analyst Brian Gesuale tells investors that the tech company is a stand-out because it will likely benefit from the fact that cars can now be thought of as mobile devices. This is on top of its ability to generate margins closer to that of vertical software and automation names.“The market is valuing CRNC like a high-end Tier 1 auto supplier, and we believe the multiple will re-rate higher and converge with the automation and vertical software group as the market figures out the story,” he commented.This prompted the five-star analyst to initiate a bullish call on CRNC stock. His $38 price target conveys his confidence in CRNC’s ability to soar 145% over the next twelve months. (To watch Gesuale’s track record, click here)Meanwhile, Wedbush analyst Daniel Ives agrees that CRNC has the potential to dish out returns in the long run. To this end, the four-star analyst started coverage with a Buy and attached a $23 price target. While less than Gesuale’s, he still sees substantial upside of 45%.It’s not often that the analysts all agree on a stock, so when it does happen, take note. CRNC’s Strong Buy consensus rating is based on a unanimous 3 Buys. The stock’s $28.33 average price target suggests about 84% and a change from the current share price of $15.42. (See Cerence stock analysis on TipRanks)Medallia (MDLA)Medallia is best known for its Software-as-a-Service platform, the Medallia Experience Cloud, which has allowed the company to lead the way in business analytics. Following its recent IPO, MDLA has impressed to say the least.With customer usage levels that rival social media networks, MDLA has the advantage in the space as a result of its unique approach to tracking customer signals, or what it calls experience management. Adding to the good news, analysts believe the strong management team as well as the vast market opportunity could propel MDLA to new heights.Craig-Hallum's Chad Bennett is one of the analysts getting excited about MDLA after its noteworthy performance in its most recent quarter. The analyst not only highlights its “sizeable” EPS and revenue beat but also management’s guidance that surpasses consensus estimates across the board. He interprets this as a signal that MDLA could be a long-term winner.As a result, Bennett kept his Buy recommendation while lowering the price target from $45 to $40. Even at this new target, shares could surge 42% in the coming twelve months. (To watch Bennett’s track record, click here)In general, other Wall Street analysts take a similar approach when it comes to MDLA. 8 Buy ratings and 2 Holds add up to a ‘Strong Buy’ consensus. Its $46 average price target brings the upside potential to 63%. (See Medallia stock analysis on TipRanks)Opera Limited (OPRA)Opera designs web browsers for mobile phones and PCs, equipped with built-in ad blockers, free VPNs, unit converters, social messengers, battery savers as well as several other features. Ahead of its November 14 earnings release, investors want to know if the stock will see further gains on top of its already posted 67% year-to-date growth.According to Lake Street analyst Mark Argento, OPRA is the epitome of an “overlooked” internet company. While he does acknowledge that the company could improve the monetization of its "massive" installed base through its advertising, his bullish thesis remains firmly intact.Argento argues that his bullish take has to do with OPRA’s valuation, which is significantly more attractive than that of its competitors in the sector. Considering that his estimates call for 30% growth and expanding margins, this makes sense.If this wasn’t promising enough, the company’s newest feature stands to deliver another win. Just last month, OPRA unveiled its new tracker blocker, which will increase browsing speeds by about 20%.With this in mind, Argento initiated coverage with a Buy and set a $19 price target. This implies that shares could skyrocket 105% over the next twelve months. (To watch Argento’s track record, click here)Based on all the above factors, Wall Street also has high hopes for OPRA. As 3 Buy ratings were assigned in the last three months compared to no Holds or Sells, the consensus is unanimous: the stock is a ‘Strong Buy’. To top it all off, its $17 average stock-price forecast puts the potential twelve-month gain at a whopping 87%. (See Opera stock analysis on TipRanks)

  • If You Like EPS Growth Then Check Out Opera (NASDAQ:OPRA) Before It's Too Late
    Simply Wall St.

    If You Like EPS Growth Then Check Out Opera (NASDAQ:OPRA) Before It's Too Late

    For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

  • GlobeNewswire

    Opera Limited to announce third quarter 2019 financial results on November 14, 2019

    OSLO, Norway, Oct. 31, 2019 -- Opera Limited (NASDAQ: OPRA), one of the world’s major browser developers and a leading internet consumer brand, will report its third quarter.

  • Is Opera Limited (OPRA) A Good Stock To Buy?
    Insider Monkey

    Is Opera Limited (OPRA) A Good Stock To Buy?

    Is Opera Limited (NASDAQ:OPRA) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds have […]

  • GlobeNewswire

    Opera launches OLeads in Nigeria to enable growth for more than 40 million small and medium size enterprises

    The new online lead generation platform integrates seamlessly into Opera’s scalable advertising ecosystem in Nigeria. LAGOS, Nigeria, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Opera Limited (OPRA), one of the world’s major browser developers and leader in AI-driven digital content, has announced the launch of OLeads—a new online lead generation platform for Small and Medium Enterprises (SMEs). OLeads offers a unique tool to maximise SMEs’ visibility and online presence, increasing awareness about their business, and helping ramp up sales.

  • The Zacks Analyst Blog Highlights: Ellington Financial, Diamond S Shipping, Progress Software, Opera and Shenandoah Telecommunications
    Zacks

    The Zacks Analyst Blog Highlights: Ellington Financial, Diamond S Shipping, Progress Software, Opera and Shenandoah Telecommunications

    The Zacks Analyst Blog Highlights: Ellington Financial, Diamond S Shipping, Progress Software, Opera and Shenandoah Telecommunications

  • New Analyst Coverage Puts the Spotlight on These 5 Stocks
    Zacks

    New Analyst Coverage Puts the Spotlight on These 5 Stocks

    Increased analyst coverage over the last few weeks might lead to solid price appreciation for these stocks.

  • GlobeNewswire

    Opera Announces Exercise of Underwriters’ Option to Purchase Additional ADSs

    Opera Limited (OPRA), one of the world’s leading browser providers and an influential player in the field of content platforms, today announced that the underwriters of its previously completed follow-on public offering have exercised their option to purchase an additional 1,125,000 ADSs from the company. Citigroup Global Markets Inc. and China International Capital Corporation Hong Kong Securities Limited acted as the lead joint bookrunners, and Cowen and Company, LLC, and B. Riley FBR, Inc. acted as joint bookrunners for the ADS offering. Today, Opera offers users across Europe, Africa and Asia a range of offerings that include its PC and mobile browsers as well as its AI-powered news reader Opera News and its app-based microlending solutions.

  • Find Strong Stocks During Q3 Earnings Season with New Analyst Coverage
    Zacks

    Find Strong Stocks During Q3 Earnings Season with New Analyst Coverage

    Find Strong Stocks During Q3 Earnings Season with New Analyst Coverage

  • Zacks.com featured highlights include: Assurant, Opera, ANI, eXp and Avista
    Zacks

    Zacks.com featured highlights include: Assurant, Opera, ANI, eXp and Avista

    Zacks.com featured highlights include: Assurant, Opera, ANI, eXp and Avista

  • 5 Stocks to Consider as New Analysts Initiate Coverage
    Zacks

    5 Stocks to Consider as New Analysts Initiate Coverage

    Increased analyst coverage over the last few weeks might lead to solid price appreciation for these stocks.

  • GlobeNewswire

    The Opera browser becomes almost 20 percent faster thanks to enhanced privacy features

    Opera (OPRA), one of the world’s leading browser providers, has just added a new tracker blocker, which speeds up web browsing by almost 20 percent. The new feature compliments Opera’s set of existing privacy-enhancing features including an ad blocker and a free, unlimited VPN. The company is also introducing improvements to the Snapshot tool which make taking and sharing screenshots more fun.

  • GlobeNewswire

    Opera Announces Pricing of Upsized Follow-on Public Offering of American Depositary Shares

    OSLO, Norway, Sept. 20, 2019 -- Opera Limited (“Opera” or the “Company”) (NASDAQ: OPRA), one of the world’s leading browser providers and an influential player in the field of.

  • Can Opera Limited Sponsored ADR (OPRA) Run Higher on Rising Earnings Estimates?
    Zacks

    Can Opera Limited Sponsored ADR (OPRA) Run Higher on Rising Earnings Estimates?

    Opera Limited Sponsored ADR (OPRA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

  • GlobeNewswire

    Opera Announces Proposed Follow-on Public Offering of American Depositary Shares

    Opera Limited (“Opera” or the “Company”) (OPRA), one of the world’s leading browser providers and an influential player in the field of content platforms, today announced that it intends to offer and sell 7,000,000 American Depositary Shares (“ADSs”), each representing two ordinary shares of the Company, subject to market and other conditions, in an underwritten public offering. The underwriters will have a 30-day option to purchase up to an aggregate of 1,050,000 additional ADSs from the Company. The Company expects to use the net proceeds from the proposed offering for general corporate purposes.

  • GlobeNewswire

    Opera Limited to present at the Citi 2019 Global Technology Conference

    OSLO, Norway, Aug. 28, 2019 -- Opera Limited (NASDAQ: OPRA), one of the world’s leading browser providers, an influential player in the field of content platforms, and emerging.

  • Why Opera's Stock Surged Today
    Motley Fool

    Why Opera's Stock Surged Today

    The Norwegian software maker posted solid second-quarter results.

  • Opera Ltd (OPRA) Q2 2019 Earnings Call Transcript
    Motley Fool

    Opera Ltd (OPRA) Q2 2019 Earnings Call Transcript

    OPRA earnings call for the period ending June 30, 2019.

  • GlobeNewswire

    Opera Limited announces second quarter 2019 financial results

    Revenue of $61.7 million, year-over-year growth significantly accelerating to 55%; exceeding the top end of Opera’s guidance rangeStrong user growth, with monthly active users.

  • ACCESSWIRE

    Opera Ltd. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 22, 2019 / Opera Ltd. (NASDAQ: OPRA ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 22, 2019 at 8:00 AM Eastern ...

  • GlobeNewswire

    Opera Limited to announce second quarter 2019 financial results on August 22, 2019

    OSLO, Norway, Aug. 08, 2019 -- Opera Limited (NASDAQ: OPRA), one of the world’s leading browser providers and an influential player in the field of content platforms, will.

  • GlobeNewswire

    James Liu Appointed to Board of Directors of Opera Limited

    Opera Limited (OPRA) (“Opera”), one of the world’s leading browser providers and an influential player in the field of content platforms, today announced that James Liu has joined Opera's Board of Directors. Liu will serve on the Audit and Corporate Governance & Nominating Committees and is an independent director. James Liu brings over 20 years of experience with high growth internet and technology companies and currently serves as executive director and COO of Renren, a Chinese social network.

  • GlobeNewswire

    OPay raises $50 million from investors including IDG Capital, Sequoia China, Source Code Capital and Opera

    OPay, a provider of a rapidly growing mobile payment service and consumer platform, announced today that it has raised $50 million in total funding. The lead investors included IDG Capital, Sequoia China, Source Code Capital, Meituan-Dianping, GSR Ventures and Opera Limited (OPRA).

  • GlobeNewswire

    Opera opens early access to the world’s first gaming browser, Opera GX

    The new PC browser from Opera (OPRA)  lets gamers control their computer’s CPU and memory usage to make their gaming and streaming smoother. The early access program to the Opera GX browser (for Windows) starts right now with an official launch planned later this year. “Opera GX is built for people who love games and spend a lot of time building their setups.

  • Opera Ltd (OPRA) Q1 2019 Earnings Call Transcript
    Motley Fool

    Opera Ltd (OPRA) Q1 2019 Earnings Call Transcript

    OPRA earnings call for the period ending March 31, 2019.