Opera (NASDAQ:OPRA) Trading Down 5.3% – Here’s What Happened

Opera Limited Sponsored ADR (NASDAQ:OPRA)’s share price was down 5.3% on Friday . The company traded as low as $13.45 and last traded at $13.43. Approximately 663,818 shares traded hands during trading, a decline of 1% from the average daily volume of 671,139 shares. The stock had previously closed at $14.18.

Opera News Summary

Here are the key news stories impacting Opera this week:

• Positive Sentiment: Opera announced CFO Frode Jacobsen will present at the virtual 28th Annual Needham Growth Conference on Jan. 15 — a direct investor outreach event that can increase sell‑side attention and give management a chance to update on growth, AI agent traction or guidance. This is a modestly positive catalyst but not an immediate earnings or guidance release. Opera to Participate at Upcoming Investor Conference
• Neutral Sentiment: Multiple news items reference the performing-arts term “opera” (reviews, fundraising for regional opera companies, obituary, auditions, quizzes) but these stories are unrelated to Opera Limited’s business (web browser and AI agents) and are unlikely to affect OPRA’s fundamentals or share price. Examples: Yahoo entertainment, LouderSound, MSN, New York Times and local press items. The best opera to book now, according to our critic Queen Quiz San Diego Opera Announces Transformative $4.5 Million Gift

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on OPRA shares. Weiss Ratings restated a “hold (c)” rating on shares of Opera in a report on Monday, December 29th. Zacks Research raised Opera from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Opera currently has an average rating of “Moderate Buy” and an average price target of $23.83.

Opera Trading Down 5.1%

The firm has a market cap of $1.21 billion, a PE ratio of 14.96 and a beta of 1.24. The business has a fifty day moving average price of $13.92 and a 200 day moving average price of $16.30.

Opera Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Wednesday, January 7th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, January 7th. This represents a yield of 554.0%. Opera’s dividend payout ratio (DPR) is presently 86.67%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of OPRA. Foster Dykema Cabot & Partners LLC purchased a new stake in Opera in the third quarter valued at $42,000. Huntington National Bank grew its stake in Opera by 37.8% during the 3rd quarter. Huntington National Bank now owns 3,305 shares of the company’s stock worth $68,000 after buying an additional 906 shares during the last quarter. GAMMA Investing LLC increased its position in Opera by 46.7% during the second quarter. GAMMA Investing LLC now owns 4,016 shares of the company’s stock worth $76,000 after buying an additional 1,279 shares during the period. State of Tennessee Department of Treasury purchased a new stake in Opera in the second quarter valued at approximately $83,000. Finally, IFP Advisors Inc lifted its stake in Opera by 127.0% in the third quarter. IFP Advisors Inc now owns 11,350 shares of the company’s stock valued at $234,000 after buying an additional 6,350 shares during the last quarter. 10.21% of the stock is owned by hedge funds and other institutional investors.

About Opera

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.