Richard Drury We previously covered Opera Limited (NASDAQ:NASDAQ:OPRA) in December 2023, discussing its improved monetization trend and growing ARPU, leading to its strong financial performance in FQ3’23 and raised guidance for FY2023. Combined with the depressed valuations and attractive dividend yields, we had reiterated our Buy rating for the stock then. In this article, we…
Wachiwit Opera Limited (NASDAQ:OPRA) investors have benefited from a significant recovery since my last update in December, when I upgraded OPRA. I assessed that OPRA’s overoptimism had been deflated as investors bailed out. Accordingly, OPRA bottomed out at the $10.3 level through late February before we saw a significant post-earnings surge. Opera reported its fourth-quarter…
Investment thesis Opera (NASDAQ:OPRA) GX browser, coming to the market in 2019, was a breakthrough for the company. Despite GX’s consistently high user base growth rate in 2020-2023, the current penetration rate is only ~6.5% of the target audience, which will allow the company to maintain a high user base growth rate. At the same…
DNY59 We previously covered Opera Limited (NASDAQ:OPRA) in September 2023, discussing its improved investment thesis after the drastic correction in July 2023, with the normalization in its valuations to pre-pandemic means triggering an improved margin of safety. Combined with its profitable growth trend, we had rated the stock as a Buy at its previous support…
istanbulimage Investment Thesis Opera’s (NASDAQ:OPRA) share price plummeted around 60% since its highs when it surged over 600% from October ’22 lows. I wanted to take a look at the company’s financials to see if, fundamentally, the company is sound, which it looks like it is. Some improvements would be needed, however, at this price,…
Celo’s inclusion with Opera’s MiniPay wallet augurs well for Africa’s expanding digital finance sector. Opera, the well-known web services provider, has announced intentions to integrate a non-custodial stablecoin wallet built on the Celo blockchain into its mobile web browser. This product, dubbed “MiniPay”, is intended to empower Opera’s enormous user base across the African continent by…
SvetaZi The OPRA Investment Thesis Is More Convincing After The Deep Correction We previously covered Opera Limited (NASDAQ:OPRA) in July 2023, discussing the drastic decline in its stock prices as the news of the mixed shelf offering was released. We believed that the correction had been warranted, since the stock had traded at eye-watering valuations…
To use the AI tool, Opera GX users will have to enable “Early Brid” in their browser settings. Gaming browser Opera GX has announced an integration of the ChatGPT-powered AI feature Aria to improve the gaming experience for users. Aria was first launched on the flagship Opera browser in May to make it easier for…