OPRA · NASDAQ · Internet Content & Information

Opera (ADR) (OPRA)

Builds specialized browsers and monetizes their global audiences through advertising and search partnerships.

$17.93
vs last close−0.20 (−1.10%)
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Opera LimitedOPRA
Communication Services

Builds mobile and PC browsers, gaming portals, content platforms, advertising services, and AI- and web3-enabled products. Advertising services and query-partner agreements are the principal revenue sources, while product development centers on specialized browser experiences.

Develops and distributes browser products for mobile and PC users, with Opera One as its flagship browser, Opera GX for gamers, and Opera Air built around mindfulness features. The platform also includes the subscription-based agentic-AI browser Opera Neon, Opera News content platforms, and Opera Gaming portals and development tools.

Advertising services and query-partner agreements supply the principal revenue streams across a global audience. Opera Ads connects the browser and content ecosystem to advertising services, while MiniPay and Opera AI extend the platform into web3 and AI-enabled products.

Operations sit within a Cayman holding company with principal activity including Opera Norway, and control is concentrated with Hong Kong Kunlun Tech Holding. That ownership structure supports Opera's Nasdaq controlled-company status and its use of related governance exemptions.

Company facts

CEOLin Song
ListedJul 27, 2018
ExchangeNASDAQ
HeadquartersOslo, Norway
CountryNorway
Employees605
CIK0001737450
ISINUS68373M1071

Market cap$1.62B
EPS (ttm)
P/E (ttm)
ROE
P/B1.60
P/S
Dividend yieldDiv yield4.41%
Beta1.54vs XLC 0.43

Price target$21.25+17.2%Average of 7 analysts
ConsensusBuy7 of 7 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jan 13, 2026Goldman SachsReiterate
Rating: Target:
Rating: BuyTarget: $21.50

Next report
Nov 4, 26
in 43 days
EPS estimate
$0.35
Revenue estimate
$182.4M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Aug '25Oct '25Feb '26Apr '26Aug '26Nov '26
Reported$0.32$0.21$0.18$0.21$0.61$0.27$0.30Pending
Estimate$0.23$0.21$0.21$0.31$0.24$0.26$0.26$0.35
Surprise+39.1%+1.2%−12.2%−31.4%+156.8%+4.9%+15.4%

RevenueReportedEstimate

Feb '25Apr '25Aug '25Oct '25Feb '26Apr '26Aug '26Nov '26
Reported$145.8M$142.7M$143.0M$151.9M$177.2M$175.8M$178.1MPending
Estimate$137.9M$131.4M$136.8M$148.1M$164.6M$171.0M$177.1M$182.4M
Surprise+5.8%+8.6%+4.5%+2.6%+7.7%+2.8%+0.5%
Estimate$0.35
ReportedDue Nov 4, 2026
Estimate$182.4M
ReportedDue Nov 4, 2026
View details

Debt to equity0.80%
Current ratio204.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$123.2M$145.8M$142.7M$143.0M$151.9M$177.0M$175.8M$177.5M
Net income$17.9M$28.7M$18.3M$15.7M$18.6M$55.6M$24.8M$27.5M
Net margin14.6%19.7%12.8%11.0%12.3%31.4%14.1%15.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$23.2M$27.6M$21.1M$18.1M$22.4M$29.5M$30.4M$29.1M
YoY growth+44.2%+35.6%+7.7%−17.5%−3.5%+6.9%+44.4%+60.5%

Balance sheet, Jun 30, 2026Cash & short-term investments $145.2M · Total debt $8.0M · Total assets $1.16B · Shareholders' equity $1.01B

Revenue
$177.5M
Operating income
$29.1M
Net income
$27.5M
View details

Dividend yield
4.41%
Next ex-date
Jan 7, 27
estimated · in 107 days
Annual dividend
$0.80
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

Jun '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26
Dividend$0.39$0.39$0.39$0.39$0.40$0.40$0.40
Annual yield2.01%6.14%6.13%4.04%4.13%5.54%4.07%
Ex-dateJun 29Jan 2Jul 2Jan 6Jul 8Jan 7Jul 7
Payment dateJul 12Jan 9Jul 15Jan 13Jul 15Jan 14Jul 15
View details

Institutions17.46%15.65M ADS
158 holders · as of Jun 30, 2026
Insiders67.59%60.59M ADS
6 holders · as of Aug 31, 2026
Strategic holders68.13%61.08M ADS
1 holder · as of Mar 30, 2026
Adds to153.18%

89.65M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 153.18%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Hong Kong Kunlun Tech Holding LimitedStrategic
68.13%61.08Mfiled Mar 30, 2026
Yahui ZhouInsiderdirector, officer: Executive Chairman
67.39%53.68M ordinary · 6.73M ADSfiled Jun 30, 2026
Toroso Investments, LLCInstitution
2.60%2.34M ADSas of Jun 30, 2026
American Century Companies IncInstitution
2.17%1.95M ADSas of Jun 30, 2026
Schonfeld Strategic Advisors LLCInstitution
1.75%1.57M ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 18, 2026Frode Jacobsenofficer: Chief Financial Officer−44,400$18.52
Jun 17, 2026Frode Jacobsenofficer: Chief Financial Officer−25,600$18.88
Jun 18, 2026Lin Songdirector, officer: Chief Executive Officer−44,400$18.52
Jun 17, 2026Lin Songdirector, officer: Chief Executive Officer−25,600$18.88
View details

  • Alphabet Class A

    Browser and advertising-platform overlap led by Chrome

  • Apple

    Browser overlap through Safari on Apple devices

  • Microsoft

    Browser and AI-browser overlap through Edge and Copilot

  • Meta

    Large advertising-platform overlap in audience extension

Compare

CompanyPriceChange
Opera (ADR)$17.93−1.10%$1.62B13.5+24.6%
Alphabet Class A$353.42−0.44%$4.30T17.826.39.6+24.2%
Apple$340.85+0.55%$4.98T38.836.710.7+16.4%
Microsoft$499.14−0.49%$3.72T27.925.511.2+17.8%
Meta$740.56−0.09%$1.89T27.924.38.3+28.0%
Median27.925.910.2+21.0%