Opera Limited (OPRA)
NASDAQ: OPRA · IEX Real-Time Price · USD
13.25
-0.39 (-2.86%)
At close: May 17, 2024, 4:00 PM
13.50
+0.25 (1.89%)
Pre-market: May 20, 2024, 8:46 AM EDT
Opera Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Opera stock have an average target of 21.17, with a low estimate of 16.5 and a high estimate of 25. The average target predicts an increase of 59.77% from the current stock price of 13.25.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 1, 2024.
Analyst Ratings
The average analyst rating for Opera stock from 3 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| 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 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Maintains $23 → $25 | Buy | Maintains | $23 → $25 | +88.68% | Mar 1, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $17 | Strong Buy | Initiates | $17 | +24.53% | Dec 13, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $14 → $22 | Strong Buy | Maintains | $14 → $22 | +66.04% | Jun 15, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $14 → $19 | Buy | Maintains | $14 → $19 | +43.40% | Jun 1, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +5.66% | Apr 28, 2023 |
Financial Forecast
Revenue This Year
466.58M
from 396.83M
Increased by 17.58%
Revenue Next Year
531.38M
from 466.58M
Increased by 13.89%
EPS This Year
1.04
from 1.68
Decreased by -38.28%
EPS Next Year
1.27
from 1.04
Increased by 22.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 483.7M | 554.9M | 636.2M | 660.8M | 719.2M |
| Avg | 466.6M | 531.4M | 598.7M | 641.9M | 698.6M |
| Low | 445.3M | 502.9M | 557.7M | 616.7M | 671.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.9% | 18.9% | 19.7% | 10.4% | 12.0% |
| Avg | 17.6% | 13.9% | 12.7% | 7.2% | 8.8% |
| Low | 12.2% | 7.8% | 5.0% | 3.0% | 4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.23 | 1.46 | 1.59 | 1.77 | 2.12 |
| Avg | 1.04 | 1.27 | 1.50 | 1.72 | 2.06 |
| Low | 0.89 | 1.12 | 1.41 | 1.66 | 1.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -26.9% | 40.8% | 24.7% | 18.1% | 23.0% |
| Avg | -38.3% | 22.7% | 18.1% | 14.7% | 19.5% |
| Low | -46.9% | 7.8% | 10.6% | 10.2% | 14.8% |
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.