That’s why I Feel Comfortable With Opera Ltd ADR’s (OPRA) Future

A share price of Opera Ltd ADR [OPRA] is currently trading at $20.48, up 4.49%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OPRA shares have gain 11.79% over the last week, with a monthly amount glided 12.04%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Opera Ltd ADR [NASDAQ: OPRA] stock has seen the most recent analyst activity on February 05, 2025, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $25. On December 13, 2023, Goldman initiated with a Buy rating and assigned a price target of $16.50 on the stock. Cowen started tracking the stock assigning a Outperform rating and suggested a price target of $10 on May 21, 2020. Lake Street initiated its recommendation with a Buy and recommended $19 as its price target on October 02, 2019. B. Riley FBR started tracking with a Buy rating for this stock on July 17, 2019, and assigned it a price target of $14.50. In a note dated November 29, 2018, Citigroup initiated an Buy rating and provided a target price of $9 on this stock.

Opera Ltd ADR experienced fluctuations in its stock price throughout the past year between $10.11 and $20.70. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Opera Ltd ADR [NASDAQ: OPRA] shares were valued at $20.48 at the most recent close of the market. An investor can expect a potential return of 2.54% based on the average OPRA price forecast.

Analyzing the OPRA fundamentals

Trailing Twelve Months sales for Opera Ltd ADR [NASDAQ:OPRA] were 448.79M which represents 20.00% growth. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.43%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.17 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.91 points at the first support level, and at 19.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.85, and for the 2nd resistance point, it is at 21.21.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Opera Ltd ADR [NASDAQ:OPRA] is 2.10. In addition, the Quick Ratio stands at 2.10 and the Cash Ratio stands at 1.15. Considering the valuation of this stock, the price to sales ratio is 4.04, the price to book ratio is 1.99 and price to earnings (TTM) ratio is 10.32.

Transactions by insiders

Recent insider trading involved Hong Kong Kunlun Tech Holding, 10% Owner, that happened on Dec 04 ’24 when 2.44 million shares were purchased. Officer, Jacobsen Frode completed a deal on Sep 18 ’24 to buy 40000.0 shares. Meanwhile, Officer Song Lin bought 40000.0 shares on Sep 18 ’24.

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