Opera (NASDAQ:OPRA) Posts Earnings Results, Beats Estimates By $0.01 EPS

Opera (NASDAQ:OPRA) issued its quarterly earnings results on Monday. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.01, RTT News reports. Opera had a return on equity of 19.22% and a net margin of 39.22%. The business had revenue of $142.72 million for the quarter, compared to the consensus estimate of $132.48 million. During the same period in the prior year, the firm posted $0.34 earnings per share. Opera updated its Q2 2025 guidance to EPS and its FY 2025 guidance to EPS.

Opera Stock Performance

Shares of NASDAQ OPRA opened at $16.76 on Tuesday. The business has a fifty day simple moving average of $16.56 and a 200 day simple moving average of $17.91. Opera has a one year low of $10.11 and a one year high of $22.50. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 8.52 and a beta of 0.96. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.01.

Analyst Ratings Changes

OPRA has been the topic of several research reports. The Goldman Sachs Group decreased their target price on Opera from $26.00 to $22.50 and set a “buy” rating on the stock in a research note on Monday, April 14th. Piper Sandler initiated coverage on Opera in a research note on Wednesday, February 5th. They issued an “overweight” rating and a $25.00 target price on the stock. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $24.70.

About Opera

Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Norway and internationally. The company offers mobile browser products, such as Opera Mini, Opera browser for Android and iOS, and Opera GX for PCs and Mobile; Opera Touch; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered personalized news discovery and aggregation service.