Opera (NASDAQ:OPRA) Releases Earnings Results, Beats Estimates By $0.02 EPS

Opera (NASDAQ:OPRA) announced its quarterly earnings data on Tuesday. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.02, FiscalAI reports. The business had revenue of $175.82 million during the quarter, compared to analyst estimates of $171.04 million. Opera had a return on equity of 8.00% and a net margin of 17.61%.During the same period last year, the company earned $0.27 earnings per share.

Here are the key takeaways from Opera’s conference call:

• Q1 outperformance: Opera reported revenue of $176M (+23% YoY) and adjusted EBITDA of $42M (24% margin), beating the high end of guidance by $4M in revenue and $2M in adjusted EBITDA.
• Ad/e‑commerce momentum: Advertising hit a record $117M (24% growth), driven by performance e‑commerce partnerships (recent recognition from AliExpress and Shopee) and scaling of the Opera Ads platform.
• Query & AI monetization opportunity: Query revenue grew 23% to $58M (search up 14%), and new products like Browser Connector (MCP) position Opera to monetize conversational, context‑aware queries and integrate third‑party AI tools.
• User and ARPU trends: MAUs rose by 4M to 288M, annualized ARPU was $2.43 (+25% YoY), and users who engage with AI spend ~1 hour more per day and perform ~50% more searches, supporting higher monetization potential.
• Rising cost pressures: Management raised its full‑year estimate for “other OpEx” due to hosting, increased AI usage and constrained supply, which narrows expected margin expansion despite higher revenue guidance.

Opera Trading Down 0.2%

Opera stock traded down $0.03 during mid-day trading on Thursday, hitting $17.32. 203,470 shares of the company’s stock were exchanged, compared to its average volume of 672,936. Opera has a 1-year low of $11.71 and a 1-year high of $21.06. The stock has a 50 day moving average of $15.08 and a two-hundred day moving average of $14.36. The stock has a market cap of $1.56 billion, a P/E ratio of 14.56 and a beta of 1.22.

Institutional Trading of Opera

Several large investors have recently made changes to their positions in the stock. State of Tennessee Department of Treasury bought a new position in shares of Opera in the 2nd quarter valued at approximately $83,000. Caxton Associates LLP bought a new stake in Opera during the first quarter worth approximately $270,000. Janney Montgomery Scott LLC boosted its position in Opera by 305.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 91,016 shares of the company’s stock worth $1,289,000 after purchasing an additional 68,549 shares during the period. Harvey Capital Management Inc. grew its holdings in Opera by 0.9% during the fourth quarter. Harvey Capital Management Inc. now owns 100,950 shares of the company’s stock valued at $1,429,000 after purchasing an additional 925 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Opera by 24.9% during the first quarter. Goldman Sachs Group Inc. now owns 153,906 shares of the company’s stock valued at $2,453,000 after purchasing an additional 30,662 shares during the last quarter. Institutional investors own 10.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on OPRA. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Opera in a research report on Friday, March 27th. Wall Street Zen lowered Opera from a “buy” rating to a “hold” rating in a report on Sunday, April 19th. TD Cowen reissued a “buy” rating on shares of Opera in a research note on Friday, March 13th. The Goldman Sachs Group cut their price objective on shares of Opera from $24.50 to $21.50 and set a “buy” rating on the stock in a research report on Tuesday, January 13th. Finally, Zacks Research cut shares of Opera from a “strong-buy” rating to a “hold” rating in a research note on Monday. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Opera has a consensus rating of “Moderate Buy” and an average target price of $21.50.

Opera Company Profile

Opera Limited (NASDAQ: OPRA) is a global software and internet services company best known for its cross-platform web browsers, including the flagship Opera Browser, Opera Mini for mobile devices and Opera GX designed for the gaming community. The company integrates features such as ad blocking, built-in VPN services and a cryptocurrency wallet into its desktop and mobile applications, aiming to deliver fast, secure and feature-rich browsing experiences to hundreds of millions of users worldwide.

Beyond its consumer-facing browsers, Opera operates Opera News, a personalized content and news aggregation platform with a strong presence in Africa and Asia, and Opera Ads, a digital advertising network that leverages user-behavior data to provide targeted ad placements across devices.