Brokerages Set Opera Limited Sponsored ADR (NASDAQ:OPRA) Target Price at $23.50

Opera Limited Sponsored ADR (NASDAQ:OPRA) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $23.50.

Several research firms recently issued reports on OPRA. Zacks Research raised Opera from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Opera in a research note on Monday, December 29th. Finally, The Goldman Sachs Group lowered their price objective on shares of Opera from $24.50 to $21.50 and set a “buy” rating for the company in a research note on Tuesday, January 13th.

Opera Stock Performance

Shares of OPRA stock opened at $12.42 on Thursday. The firm has a market cap of $1.11 billion, a P/E ratio of 13.80 and a beta of 1.24. The firm’s 50 day moving average price is $13.91 and its 200-day moving average price is $15.67. Opera has a one year low of $12.41 and a one year high of $22.50.

Opera Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, January 14th. Shareholders of record on Wednesday, January 7th were paid a $0.40 dividend. The ex-dividend date was Wednesday, January 7th. This represents a dividend yield of 554.0%. Opera’s payout ratio is 86.67%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of OPRA. Quent Capital LLC purchased a new stake in Opera during the 4th quarter worth about $212,000. IFP Advisors Inc increased its stake in shares of Opera by 127.0% during the third quarter. IFP Advisors Inc now owns 11,350 shares of the company’s stock worth $234,000 after buying an additional 6,350 shares during the period. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Opera during the third quarter worth approximately $42,000. Huntington National Bank raised its holdings in Opera by 37.8% in the third quarter. Huntington National Bank now owns 3,305 shares of the company’s stock valued at $68,000 after acquiring an additional 906 shares in the last quarter. Finally, Harvey Capital Management Inc. lifted its stake in Opera by 171.8% in the third quarter. Harvey Capital Management Inc. now owns 100,025 shares of the company’s stock worth $2,065,000 after acquiring an additional 63,225 shares during the last quarter. 10.21% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Opera

Here are the key news stories impacting Opera this week:

• Positive Sentiment: Brokerages have assigned OPRA an average rating of “Moderate Buy,” which could support demand from investors seeking analyst-backed ideas. Opera Limited Sponsored ADR (NASDAQ:OPRA) Receives Average Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: Houston Grand Opera-related coverage (Grammy nomination / commissioned work) is cultural news about performance organizations and does not relate to Opera Limited’s business or financials. A night at the opera: Houston Grand Opera earns Grammy nomination
• Neutral Sentiment: Regional opera productions and reviews (Mira Theater Guild, Opera Tampa, Calgary Opera, Austin Opera, etc.) are artistic coverage and are unlikely to affect OPRA’s stock, which is a tech/media company. Opera Tampa Stages Stephen King’s The Shining: What to Expect from the Adaptation
• Neutral Sentiment: Feature pieces on industry topics (e.g., voices, audience building) provide context on the performing-arts sector but do not contain corporate financial news for Opera Limited. Tina Vidal-Duart on opera’s vanishing voices
• Negative Sentiment: Technicals and flow look unfavorable: shares are trading below the 50‑day ($13.92) and 200‑day ($15.74) moving averages, are near the 12‑month low, and today’s volume is above the average—signs of short-term selling pressure that can outweigh a moderate buy consensus until company-specific catalysts appear.

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.