Opera Stock Today
| OPRA Stock | USD 14.49 0.13 0.91% |
Performance11 of 100
| Odds Of DistressLess than 3
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Opera is trading at 14.49 as of the 25th of April 2024, a 0.91 percent increase since the beginning of the trading day. The stock's open price was 14.36. Opera has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Opera are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 27th of July 2018 | Category Communication Services | Classification Information Technology |
Opera Limited, together with its subsidiaries, provides mobile and PC web browsers. The company was founded in 1995 and is headquartered in Oslo, Norway. Opera is traded on NASDAQ Exchange in the United States. The company has 87.52 M outstanding shares of which 3.59 M shares are now shorted by private and institutional investors with about 2.24 trading days to cover. More on Opera
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Opera Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Opera's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Opera or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Application Software, Internet Content & Information, Information Technology, NASDAQ Composite, Information Technology, Software, Internet Content & Information, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Opera report their recommendations after researching Opera's financial statements, talking to executives and customers, or listening in on Opera's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Opera. The Opera consensus assessment is calculated by taking the average forecast from all of the analysts covering Opera. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Opera's financial statements, Opera is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in May. Financial strength of Opera is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Opera's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Opera's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Opera's financial leverage. It provides some insight into what part of Opera's total assets is financed by creditors.
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Opera (OPRA) is traded on NASDAQ Exchange in USA. It is located in P.O. Box 4214, Oslo, Norway, 0401 and employs 10 people. Opera is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.26 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Opera's market, we take the total number of its shares issued and multiply it by Opera's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Opera conducts business under Software sector and is part of Information Technology industry. The entity has 87.52 M outstanding shares of which 3.59 M shares are now shorted by private and institutional investors with about 2.24 trading days to cover.
Opera currently holds about 201.34 M in cash with 85.47 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.77.
Check Opera Probability Of Bankruptcy
Ownership AllocationOpera owns a total of 87.52 Million outstanding shares. Roughly 87.0 pct. of Opera outstanding shares are held by general public with 1.34 % owned by insiders and only 11.33 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Opera Ownership Details
Opera Stock Price Odds Analysis
What are Opera's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Opera jumping above the current price in 90 days from now is about 29.86%. The Opera probability density function shows the probability of Opera stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Opera has a beta of -0.5177. This indicates as returns on the benchmark increase, returns on holding Opera are expected to decrease at a much lower rate. During a bear market, however, Opera is likely to outperform the market. Additionally, opera has an alpha of 0.5079, implying that it can generate a 0.51 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Opera to move above the current price in 90 days from now is about 29.86 (This Opera probability density function shows the probability of Opera Stock to fall within a particular range of prices over 90 days) .
Opera Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Opera that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Opera's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Opera's value.| Instituion | Recorded On | Shares | |
| Susquehanna International Group, Llp | 2023-12-31 | 200.7 K | |
| Richard P Slaughter Associates Inc | 2024-03-31 | 196.3 K | |
| Acadian Asset Management Llc | 2023-12-31 | 195 K | |
| Alyeska Investment Group, L.p. | 2023-09-30 | 168.8 K | |
| Cubist Systematic Strategies, Llc | 2023-12-31 | 167.3 K | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 130.9 K | |
| G2 Investment Partners Management Llc | 2023-12-31 | 114.7 K | |
| Trexquant Investment Lp | 2023-12-31 | 110.5 K | |
| Jump Financial, Llc | 2023-12-31 | 93.2 K | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 1.2 M | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 1.1 M |
Opera Historical Income Statement
Opera Income Statement is one of the three primary financial statements used for reporting Opera's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Opera revenue and expense. Opera Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Opera's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 210.3 M, whereas Tax Provision is forecasted to decline to about 3.3 M. View More FundamentalsOpera Stock Against Markets
Picking the right benchmark for Opera stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Opera stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Opera is critical whether you are bullish or bearish towards Opera at a given time. Please also check how Opera's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Opera without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Opera Corporate Management
Elected by the shareholders, the Opera's board of directors comprises two types of representatives: Opera inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Opera. The board's role is to monitor Opera's management team and ensure that shareholders' interests are well served. Opera's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Opera's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Julia Szyndzielorz | Senior Manager | Profile | |
| Matthew Wolfson | Head Relations | Profile | |
| Per Wetterdal | Executive Commercial | Profile | |
| Yahui Zhou | Chairman CoCEO | Profile | |
| Lin Song | CoChief Officer | Profile | |
| Frode Jacobsen | Chief Officer | Profile | |
| Aaron McParlan | General Counsel | Profile |
How to buy Opera Stock?
Before investing in Opera, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Opera. To buy Opera stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Opera. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Opera stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Opera stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Opera stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Opera, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Opera Stock please use our How to Invest in Opera guide.
Already Invested in Opera?
The danger of trading Opera is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Opera is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Opera. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Opera is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Opera offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Opera's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Opera Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Opera Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opera. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Opera Stock analysis
When running Opera's price analysis, check to measure Opera's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Opera is operating at the current time. Most of Opera's value examination focuses on studying past and present price action to predict the probability of Opera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opera's price. Additionally, you may evaluate how the addition of Opera to your portfolios can decrease your overall portfolio volatility.
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Is Opera's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Opera. If investors know Opera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Opera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.191 | Dividend Share 0.8 | Earnings Share 1.86 | Revenue Per Share 4.446 | Quarterly Revenue Growth 0.174 |
The market value of Opera is measured differently than its book value, which is the value of Opera that is recorded on the company's balance sheet. Investors also form their own opinion of Opera's value that differs from its market value or its book value, called intrinsic value, which is Opera's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Opera's market value can be influenced by many factors that don't directly affect Opera's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Opera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opera's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.