Opera (NASDAQ:OPRA) Shares Gap Down – Time to Sell?

Opera Limited Sponsored ADR (NASDAQ:OPRA)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $19.51, but opened at $18.30. Opera shares last traded at $17.9510, with a volume of 239,189 shares traded.

More Opera News

Here are the key news stories impacting Opera this week:

• Positive Sentiment: Opera reported second-quarter revenue of $178.1 million, up 25% year over year and above guidance, while adjusted EBITDA rose 32% to $42.4 million. EPS of $0.33 also exceeded the $0.27 analyst consensus, supporting the stock. Opera Reports Second Quarter 2026 Results Beyond the High End of Guidance Ranges
• Positive Sentiment: Management raised full-year 2026 guidance to $734 million–$742 million in revenue and $172 million–$175 million in adjusted EBITDA, reflecting continued growth and profitability. The third-quarter revenue outlook of $181 million–$183 million is also above the $180.1 million consensus estimate. Opera Limited 2026 Q2 Results Earnings Call Presentation
• Neutral Sentiment: Despite the earnings beat and raised guidance, market coverage characterized the outlook as mixed. The full-year revenue range is only modestly above the current consensus midpoint, leaving investors focused on whether growth will slow in the second half of 2026. Opera Falls After Mixed Q2 and Softer Sales Guidance
• Negative Sentiment: Some investors viewed the full-year sales guidance as softer than hoped, creating pressure on the shares even though profitability guidance improved. This explains the cautious reaction to an otherwise strong quarterly report. Opera Hits Sour Note With Soft Full-Year Sales Guidance

Analysts Set New Price Targets

Several equities analysts recently issued reports on OPRA shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Opera in a research report on Wednesday, July 8th. B. Riley Financial lifted their price objective on shares of Opera from $27.00 to $28.00 and gave the company a “buy” rating in a report on Thursday. Wall Street Zen raised shares of Opera from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Finally, Zacks Research cut shares of Opera from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Opera currently has an average rating of “Moderate Buy” and an average target price of $24.75.

Opera Stock Up 0.9%

The firm has a fifty day moving average of $19.30 and a 200-day moving average of $16.97. The firm has a market cap of $1.64 billion, a P/E ratio of 13.16 and a beta of 1.32.

Opera Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, July 7th were paid a dividend of $0.40 per share. The ex-dividend date was Tuesday, July 7th. This represents a dividend yield of 407.0%. Opera’s dividend payout ratio is currently 56.12%.

Insider Activity at Opera

In other news, CEO Lin Song sold 44,400 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $18.52, for a total value of $822,288.00. Following the completion of the sale, the chief executive officer owned 120,846 shares of the company’s stock, valued at approximately $2,238,067.92. This represents a 26.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 84.36% of the company’s stock.

Institutional Trading of Opera

A number of large investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its holdings in shares of Opera by 459.5% in the 1st quarter. Parallel Advisors LLC now owns 3,038 shares of the company’s stock valued at $43,000 after purchasing an additional 2,495 shares during the period. State of Tennessee Department of Treasury bought a new position in Opera during the second quarter worth about $83,000. GAMMA Investing LLC grew its holdings in Opera by 10.4% during the second quarter. GAMMA Investing LLC now owns 6,904 shares of the company’s stock worth $137,000 after purchasing an additional 652 shares during the period. Ascentis Independent Advisors acquired a new position in Opera during the first quarter worth approximately $141,000. Finally, Quent Capital LLC acquired a new position in Opera during the fourth quarter worth approximately $212,000. Institutional investors and hedge funds own 10.21% of the company’s stock.

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.