Group 1 - U.S. Steel is facing challenges in its attempt to find a buyer due to a deal with Nippon Steel being contested by the U.S. government [2] - Cleveland Cliffs has made a standing offer for U.S. Steel, while an activist investor is advocating for a new CEO [2] - Peers such as Nucor and Steel Dynamics are better positioned for a cyclical steel market, indicating potential advantages over U.S. Steel [2]

Core Insights - Opera Limited (NASDAQ: OPRA) is emerging as an intriguing investment opportunity within the technology sector, despite not being a household name [1]. Company Overview - Opera Limited is based in Norway and is recognized for its potential growth in the technology industry [1]. Analyst Background - The analysis is provided by a freelance investment writer with nearly a decade of experience in trading and investing, particularly in technology and energy sectors [1]. - The writer has a strong track record, sitting in the top 10% of financial bloggers with a 75% success rate and an average return of 19% [1].

Core Viewpoint - Opera is promoting the concept of "hygge" by setting up hygge desks in scenic cabins across Norway, inviting ten individuals to experience web browsing in a cozy and comfortable environment [1][4]. Company Overview - Opera is a user-centric software company focused on enhancing internet browsing experiences across devices, with hundreds of millions of users benefiting from its unique and secure features [6]. - Founded in 1995 and headquartered in Oslo, Norway, Opera is publicly traded on the Nasdaq under the ticker symbol OPRA [6]. Hygge Concept - Hygge is a Scandinavian term that embodies coziness, calm, and comfort, which Opera has integrated into its browser features and aesthetics to facilitate stress-free browsing [2]. - The hygge desk concept emphasizes creating a pleasant browsing experience by incorporating cozy elements like warm lighting and beautiful natural views [4]. Participation Details - Interested individuals can apply to experience the hygge desk by submitting their reasons for selection through text or images until February 28, 2025 [5].

Core Insights - Opera Limited's (OPRA) shares have increased by 61.9% over the past 12 months, outperforming the Zacks Computer & Technology sector's growth of 29.4% and the Zacks Internet - Content industry's return of 12.3% [1] - The growth in OPRA shares is attributed to strong monetization of its browsers, growth of the Opera Ads platform, and successful product innovations like the Opera One browser [2] Financial Performance - For Q1 fiscal 2025, the Zacks Consensus Estimate for earnings is 21 cents per share, reflecting a year-over-year growth of 23.53% [6] - The revenue estimate for Q1 fiscal 2025 is $123.2 million, indicating a 20.94% increase from the previous year [6] - The 2025 revenue estimate stands at $551.15 million, suggesting a year-over-year growth of 16.22% [7] - The consensus for 2025 earnings is 95 cents per share, implying a 20.25% year-over-year increase [7] Product and Market Strategy - The Opera Ads platform has seen significant growth, enhancing the company's revenue by allowing targeted advertising solutions [3] - OPRA's flagship products include web browsers with AI integration and modular designs, with the recent launch of Opera One R2 featuring improved AI capabilities [4] - The Opera GX gaming browser has gained over 1.8 million net users in Q3 2024, with a 22% year-over-year increase in monthly active users, reaching 31.9 million [5] - The company is integrating AI-driven solutions into its products, positioning itself at the forefront of technology [5] Competitive Landscape - OPRA competes in the web browser market against major players like Google Chrome, Safari, Microsoft Edge, and Mozilla Firefox [9] - The company also faces competition in gaming browsers and AI integration from firms like C3.ai [10] - Opera differentiates itself with features such as a built-in VPN, ad blocker, and cryptocurrency wallet [10]

Core Insights - Opera Limited, a major browser developer and internet consumer brand, announced the participation of CFO Frode Jacobsen at the 27th Annual Needham Growth Conference [1][4]. Event Details - The 27th Annual Needham Growth Conference will be held virtually on January 17th, 2025, with Opera's presentation scheduled for 8:45 a.m. ET [2]. - A webcast of the presentation will be accessible on Opera's investor relations website [2]. Company Overview - Opera is a user-centric software company focused on enhancing internet browsing experiences across devices, with hundreds of millions of users utilizing its web browsers for their unique and secure features [3]. - Founded in 1995 and headquartered in Oslo, Norway, Opera is publicly traded on the Nasdaq under the ticker symbol "OPRA" [3].

Core Insights - JR Research is recognized as a top analyst in technology, software, and internet sectors, focusing on growth and GARP strategies [1] - The investment approach emphasizes identifying attractive risk/reward opportunities with strong price action to generate alpha above the S&P 500 [1][2] - The investment group Ultimate Growth Investing specializes in high-potential opportunities across various sectors, targeting stocks with robust fundamentals and turnaround potential [3] Investment Strategy - The focus is on growth investing opportunities that offer significant upside potential while avoiding overhyped and overvalued stocks [2] - The strategy includes capitalizing on battered stocks that have substantial recovery possibilities [2] - The investment outlook typically spans 18 to 24 months for the thesis to materialize [3] Group Characteristics - Ultimate Growth Investing is designed for investors looking to capitalize on growth stocks with strong fundamentals and buying momentum [3] - The group targets turnaround plays at highly attractive valuations [3]

Core Viewpoint - Opera Limited (OPRA) has demonstrated strong stock performance and revenue growth, but faces challenges with rising marketing expenses and declining earnings estimates. Group 1: Stock Performance - OPRA's shares have increased by 27.3% over the past three months, outperforming the Zacks Computer & Technology sector's return of 10.2% and the Zacks Internet - Content industry's growth of 4.1% [1] - In comparison, peers such as Yelp (YELP), DHI Group (DHX), and Perion Network (PERI) saw gains of 20.6%, 12.5%, and 11.6%, respectively [1] Group 2: Financial Performance - For Q3 2024, OPRA reported a 20% year-over-year revenue increase to $123.2 million, driven by user adoption and enhanced monetization, particularly in advertising and search revenues [2] - Advertising revenues rose by 26% year-over-year to $76.8 million, supported by strong monetization and the expansion of the Opera Ads platform [2] - Search revenues grew by 13% to $46.3 million, focusing on users with high monetization potential [3] Group 3: Product Development and User Growth - The Opera GX gaming browser is the fastest-growing product, adding over 1.8 million net users in the quarter, with monthly active users (MAUs) increasing by 22% year-over-year to 31.9 million [4] - New product launches, including Opera One for iOS and updates to the Opera GX gaming browser, have contributed to user base growth [5] - The company is enhancing its AI capabilities with Aria, its browser AI assistant, which now integrates more deeply with generative AI tools [6] Group 4: Marketing and Profitability Challenges - Opera plans to significantly increase marketing spending in Q4 2024, which may pressure profitability [7] - Marketing and distribution costs rose by 14% year-over-year to $32.5 million in Q3, reflecting intensified promotional efforts for product launches [8] Group 5: Earnings Estimates - The Zacks Consensus Estimate for Q4 2024 earnings is currently 21 cents per share, a decline of 22.2% over the past 60 days, indicating a year-over-year drop of 84.78% [9] - For the full year 2024, the consensus estimate is 79 cents per share, reflecting a 10.2% downward revision and a significant year-over-year decline of 57.53% from 2023 [9]

OSLO, Norway, Dec. 12, 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 next semi-annual cash dividend.Opera's upcoming dividend under its recurring dividend program will be $0.40 per share or American Depositary Share ("ADS"), each ADS representing one ordinary share. Payment will be made to shareholders of record as of the close of business on January ...

OSLO, Norway, Dec. 5, 2024 /PRNewswire/ -- Opera Ads, the advertising platform from the global browser innovator Opera (NASDAQ: OPRA), is proud to announce its achievement of TAG Platinum status from TAG (The Trustworthy Accountability Group), a leading global initiative combating criminal activity and fostering trust in digital advertising. This prestigious designation – held by only 34 organizations worldwide – recognizes Opera Ads' compliance with TAG's highest standards across fraud prevention, malware ...

Opera Limited’s (OPRA) shares have gained 19.6% in the past month, outperforming the Zacks Computer & Technology sector’s modest growth of 0.6% and the Zacks Internet - Content decline of 1.8%.OPRA’s robust stock price performance has been driven by its impressive third-quarter 2024 results. Third-quarter revenues grew 20% year over year to $123.2 million, driven by continued momentum in user adoption and broader monetization efforts, particularly in advertising and search revenues.Advertising revenues grew ...