Opera Limited (OPRA)
NASDAQ: OPRA · IEX Real-Time Price · USD
11.85
-0.38 (-3.11%)
At close: Jul 19, 2024, 4:00 PM
11.87
+0.02 (0.17%)
Pre-market: Jul 22, 2024, 4:56 AM EDT
Opera Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Opera stock have an average target of 20.75, with a low estimate of 16.5 and a high estimate of 25. The average target predicts an increase of 75.11% from the current stock price of 11.85.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 1, 2024.
Analyst Ratings
The average analyst rating for Opera stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Maintains $23 → $25 | Buy | Maintains | $23 → $25 | +110.97% | Mar 1, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $17 | Strong Buy | Initiates | $17 | +39.24% | Dec 13, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $14 → $22 | Strong Buy | Maintains | $14 → $22 | +85.65% | Jun 15, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $14 → $19 | Buy | Maintains | $14 → $19 | +60.34% | Jun 1, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +18.14% | Apr 28, 2023 |
Financial Forecast
Revenue This Year
469.00M
from 396.83M
Increased by 18.19%
Revenue Next Year
535.85M
from 469.00M
Increased by 14.25%
EPS This Year
0.96
from 1.68
Decreased by -42.69%
EPS Next Year
1.18
from 0.96
Increased by 22.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 489.2M | 555.5M | 631.5M | 685.6M | 751.4M |
| Avg | 469.0M | 535.9M | 606.0M | 666.0M | 729.9M |
| Low | 445.9M | 508.9M | 575.2M | 639.8M | 701.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.3% | 18.4% | 17.8% | 13.1% | 12.8% |
| Avg | 18.2% | 14.3% | 13.1% | 9.9% | 9.6% |
| Low | 12.4% | 8.5% | 7.3% | 5.6% | 5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.06 | 1.30 | 1.52 | 1.73 | 2.07 |
| Avg | 0.96 | 1.18 | 1.39 | 1.68 | 2.01 |
| Low | 0.86 | 1.03 | 1.25 | 1.62 | 1.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -36.9% | 35.2% | 28.9% | 24.7% | 22.9% |
| Avg | -42.7% | 22.7% | 17.7% | 21.1% | 19.4% |
| Low | -48.7% | 7.1% | 5.8% | 16.4% | 14.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.