Opera stock: buy or sell?

OPRA stock price: $6.88 -2.27% At close on February 14th, 2020

Updated on:
February 14th, 2020

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Shares of Opera fell a tragic -2.27% and closed at $6.88. On Tuesday OPRA plunged a bloodcurdling -7.68%.

Should I buy Opera stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Opera stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean OPRA will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Opera stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for OPRA stock for the last month.

Opera stock analysis

Daily outlook

Opera closed on Feb/14 at $6.88 and fell a tragic -2.27%.

Shares of Opera ended on Feb/14 at $6.88 and fell a tragic -2.27%. Since December when OPRA stock price broke down the SMA200d line, it slid $-3.26 per share (-32.15%).

OPRA stock chart (daily)

Weekly outlook

Shares of Opera collapsed a spooky -5.88% this week. Late January OPRA rocketed a super good 13.27% in just one week. With this, it's been 3 red weeks in a row, sliding $-1.26 or a -17.85%.

Since price and 40-weeks moving average lines crossed down early December, OPRA fell $-3.26 per share (-32.15%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.

OPRA stock chart (weekly)

Opera stock price history

Opera IPO was on May 9th, 2016 at $7.50 per share1. Since then, OPRA stock sliced a -8.30%, with a yearly average of -2.80%.

1: Adjusted price after possible price splits or reverse-splits.

Opera stock historical price chart

OPRA stock reached 52-week highs on September at $14.94, and all-time highs 2018-07-27 with a price of 15.62.

Opera stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price target for Opera stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report , Opera . As soon as we get its posted EPS from the earnings report, we will update this report.
OPRA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
0000-Q2-n/an/an/a
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q22018-08-23n/a0.11n/a
2018-Q32018-11-08n/a0.11n/a
2018-Q42019-02-21n/a0.11n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Opera annual sales boosted an exceptional 33.66% to $172.28 M dollars from $128.89 marked in 2017. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) skyrocketed a 15.70% to 20.41%.

OPRA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2016$19 M-$-7.70 M-41.1%-
2017$129 M586.80%$6.06 M4.7%-178.71%
2018$172 M33.66%$35 M20.4%479.82%

Quarterly financial results

Opera reported $48.34 M in revenues for 2018-Q4, a 8.21% improvement compared to previous quarter. Reported quarter earnings marked $11.41 M with a profit margin of 23.61%. Profit margin grew a 1.86% compared to previous quarter when profit margin was 21.75%. When comparing turnover to same quarter last year, Opera sales marked an extraordinary growth and climbed a 24.35%. Looking back to recent quarterly results, Opera posted 7 positive quarters in a row.
OPRA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$25 M-$0 M-0.7%-
2017-Q2$26 M3.99%$-3 M-9.6%1,418.45%
2017-Q4$39 M46.73%$1 M3.2%-149.08%
2018-Q1$39 M1.48%$7 M16.8%428.67%
2018-Q2$40 M0.97%$7 M18.6%11.97%
2018-Q3$45 M12.15%$10 M21.8%31.12%
2018-Q4$48 M8.21%$11 M23.6%17.45%

Opera ownership

When you are planning to invest in shares of a company, it's always worth to review its ownership structure.

Opera shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 61.20% of all shares.

In case of Opera stock, 12.01% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for OPRA stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related stocks:

OPRA
Market cap$810.4 M
Total shares117.8 M
Float shares23.6 M
  - Institutional holdings (%)12.0%
  - Insider holdings (%)61.2%
Shares in short selling0.0%

Opera summary

Friday, February 14th, 2020
Open$7.05
Close$6.88
Day range$6.80 - $7.17
Previous close$7.04
Session gain-2.27%
Average true range$0.38
50d mov avg$8.48
100d mov avg$9.24
200d mov avg$10.09
Daily pattern
Weekly pattern lb06a

Opera performance

To better understand Opera performance you must becnhmark its gains with other related stocks in same sector or industry. For Opera, the comparison is made against .
Stock3m6m12m
OPRAOpera-37.45%-30.58%-15.38%

Opera competitors

Unfortunately, we could not find any public company that could be defined as Opera competitor. This doesn't mean Opera does not have any competitor in the market, it's just we could not detected it.