Opera Limited (OPRA) shares have increased 19% in the past month against the Zacks Computer & Technology sector's drop of 0.3% and the Zacks Internet - Content sector's rise of 1.9%. OPRA's robust stock price performance has been driven by its impressive second-quarter 2024 results. Revenues reached $110 million, up 17% year over year. The upside can be attributed to continued momentum in user adoption and broader monetization efforts, particularly in advertising and search revenues. Advertising revenue gre ...

Shares of Opera Limited Sponsored ADR (OPRA) have gained 14.3% over the past four weeks to close the last trading session at $14.19, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $22.17 indicates a potential upside of 56.2%. The average comprises three short-term price targets ranging from a low of $17.50 to a high of $25, with a standard deviation of $4.07. While the lowest e ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find ...

Opera Limited Sponsored ADR (OPRA) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, OPRA crossed above the 20-day moving average, suggesting a short-term bullish trend. The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term mov ...

OSLO, Norway, Sept. 9, 2024 /PRNewswire/ -- Opera GX, the browser for gamers, has become Riot Games' Preferred Browser Partner of League of Legends Esports Global Events just in time for the 2024 League of Legends World Championship (Worlds 2024). Opera GX will enhance the viewing experience with special access to a Co-Streamer Hub, Worlds Unlocked digital drops exclusive to Opera GX users, and custom browser mods designed to resonate with LoL players and fans. This multi-year partnership will evolve over t ...

OSLO, Norway, Aug. 30, 2024 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's major browser developers and a leading internet consumer brand, announced today the appearance of company executives at upcoming investor conferences. Event Details: Citi's 2024 Global TMT Conference on September 6, 2024. Per Wetterdal, EVP Commercial, will present at a fireside chat at 1:20 p.m. ET. Goldman Sachs Communacopia + Technology Conference on September 9, 2024. Frode Jacobsen, Chief Financial Officer, wil ...

An attractive valuation, solid results, and improved guidance are the reasons why buying this tech stock looks like a no-brainer. Opera (OPRA -6.12%) may not be a household name among technology investors. The company is a bit-part player in the global web browser, search engine, and advertising markets, which are dominated by the big players. But the stock's recent action on the market following its latest quarterly report should warrant attention from investors looking to add a growth stock to their portf ...

Umnat Seebuaphan Introduction Opera Limited (NASDAQ:OPRA) and its subsidiaries provide mobile and PC browsers internationally. The company has three main browsers: Opera Mini, Opera One, and Opera GX. Through these browsers, Opera generates revenue via search and advertising. Analyst History for OPRA (Seeking Alpha) The stock price has been somewhat volatile over the past year, ranging from lows of $10 to highs of $17. Since I wrote my last article, the stock has done quite well, rising 12%. Opera still has ...

Opera Limited Sponsored ADR (OPRA) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earning ...

Opera Limited Sponsored ADR (OPRA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The ...