With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highestquality analysis of this type of information. Based on a combination of strong fundamentals, great expansion prospects, and a favorable valuation, I believe Opera Limited (NASDAQ: OPRA ) could be one of the few AI-related ideas on the market that still has significant He leads the investing grou ...

Opera posted strong results in the third quarter, showing signs of improvement in the struggling digitaladvertising market. Shares of Opera (OPRA 10.08%) soared as much as 16.7% higher on Tuesday, goosed by a fantastic earnings report. The Norwegian maker of security-oriented web browsers and other online safety tools beat analyst expectations across the board and offered a bullish-guidance update for the full year. Opera's stock cooled down to a gain of 10.1% at the market close, but that's still a firm 52 ...

Financial Data and Key Metrics Changes - Revenue for Q3 2024 was $123 million, growing 20% year-over-year, an acceleration from the 17% growth rate in the first half of the year [5] - Annualized ARPU increased by 27% year-over-year to a record $1.66, with adjusted EBITDA at $31 million, representing a margin of 25% [6] - Advertising revenue reached $77 million, growing 26% year-over-year, marking the highest growth rate since 2022 [7] Business Line Data and Key Metrics Changes - E-commerce and travel categories were significant contributors to revenue growth, with e-commerce benefiting from PC browser monetization and Opera Ads platform expansion [8] - Search revenue was $46 million, up 13% year-over-year, with a return to 15% annual growth in September [9] - Opera GX, the gaming browser, saw a 22% increase in MAUs to 31.9 million, with ARPU rising to $3.68, a 12% increase year-over-year [19] Market Data and Key Metrics Changes - The user base in Western markets showed stable growth, with ARPU growth in these markets significantly outpacing overall ARPU growth [11] - The inflow of new iOS users increased by 33% year-over-year, with a notable 66% increase in the EU from August to September [14][15] - The company observed strong momentum in retail and travel sectors, contributing to enhanced revenues [12][13] Company Strategy and Development Direction - The company is focusing on high-ARPU users and expanding monetization opportunities, with confidence in continued growth into Q4 [5][34] - Upcoming product launches, including Opera One R2 and the next generation of Opera GX, are expected to drive marketing activities and user engagement [35][22] - The strategy includes leveraging AI features in the browser to enhance user experience and engagement [16][55] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the operating environment, highlighting strong underlying growth and the potential for increased monetization during the holiday season [34][40] - The company anticipates a revenue guidance for Q4 of $135 million to $138 million, representing a 21% year-over-year growth at the midpoint [36] - Management emphasized the importance of maintaining a balance between growth opportunities and cautious guidance in a competitive environment [26] Other Important Information - The company introduced a new non-IFRS metric, adjusted net income, to provide a clearer view of underlying profitability [32] - Operating cash flow reached an all-time high of $34.9 million, representing 113% of adjusted EBITDA [30] - The company plans to reassess the valuation of its OPay stake at year-end, maintaining the current valuation of approximately $250 million [49] Q&A Session Summary Question: E-commerce advertisement revenue growth - Management indicated that e-commerce is growing faster than the overall advertising growth rate and is becoming a material part of the advertising mix [43] Question: Q4 EBITDA and marketing spend - The increase in Q4 marketing spend is a strategic decision to capitalize on new product launches and ensure higher EBITDA for the year [44] Question: OPay stake valuation and monetization - The valuation of the OPay stake remains unchanged, with plans for potential divestment either before or after a future IPO [50] Question: AI opportunity and product roadmap - Management sees AI as a long-term differentiator and is focused on enhancing user engagement through AI features in the browser [55] Question: iOS opportunity in Europe - The company is pleased with the growth in iOS users, particularly in Europe, and sees significant potential for further growth [66]

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps identify effective metrics for assessing momentum in stocks [1] Group 2: Opera Limited (OPRA) Performance - Opera Limited Sponsored ADR (OPRA) currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy) [2] - OPRA shares have increased by 6.48% over the past week, while the Zacks Internet - Content industry has decreased by 0.48% during the same period [3] - Over the last quarter, OPRA shares have risen by 32.6%, and over the past year, they have gained 45.61%, compared to the S&P 500's increases of 6.14% and 37.61%, respectively [3] Group 3: Trading Volume and Earnings Outlook - OPRA's average 20-day trading volume is 358,841 shares, which is a useful indicator for assessing price movements [4] - In the past two months, one earnings estimate for OPRA has increased, raising the consensus estimate from $0.78 to $0.88 [5] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions [5]

OSLO, Norway, Oct. 16, 2024 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's major browser developers and a leading internet consumer brand, announced today that the company's third quarter 2024 financial results will be released before the market opens on Tuesday, October 29, 2024. The earnings release will be available on the investor relations section of our website at investor.opera.com. Management will host a conference call to discuss the third quarter 2024 financial results on the sam ...

Opera Limited (OPRA) shares have gained 16.1% in the year-to-date (YTD) period underperforming the Zacks Computer & Technology sector's rise of 25.4% but outperforming the Zacks Internet - Content sector's rise of 6.1%. Opera Limited is benefiting from continued momentum in user adoption and broader monetization efforts, particularly in its advertising and search revenues. In the second quarter of 2024, Advertising revenues grew 20% year over year to reach $65 million, while Search revenues witnessed a 15% ...

These stocks are boiling kettles waiting to explode. Many of the best-performing tech stocks over the last year were rebounding from the market sell-off in 2022. Similarly, some of next year's biggest winners will likely be stocks that are currently underperforming. Regardless of a stock's near-term performance, if the company consistently experiences robust growth, you can be confident the stock will move higher sooner or later. With that said, here are two stocks that are ready to soar in 2025. 1. SoundHo ...

Core Insights - The new AI Feature Drop in Opera's desktop browser emphasizes the integration of AI with tab management, enhancing user experience beyond a simple chatbox [1][5] - Opera's commitment to innovation is highlighted by the introduction of Tab Commands, which improve tab management and maintain user privacy [2][3] Company Innovations - Opera has a history of tab innovation, having invented tabs over 20 years ago and recently introducing Tab Islands in 2023 [2][5] - The new Tab Commands feature allows users to manage tabs more effectively through the browser's Command Line, showcasing Opera's ongoing dedication to enhancing user interaction [5][6] Privacy Considerations - The Tab Commands feature prioritizes user privacy by ensuring that no tab information is sent to the server; only the user's prompt is processed [3][4] - This approach reinforces Opera's focus on secure browsing experiences while utilizing AI technology [4] User Accessibility - The Tab Command feature is currently available in the Developer version of the Opera One browser, accessible via a keyboard shortcut or right-click menu [6][8] - Users can easily interact with the feature to manage their tabs, reflecting Opera's user-centric design philosophy [6]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today! I initiated my coverage of Opera Limited (NASDAQ: OPRA ) in late May 2023 , when it was trading at $14.38/share. Since then, it's been a volatile ride for investors, but the medium-term upward trend kept going (with major setbacks though). Daniel Sereda is chief in ...