Opera (NasdaqGS:OPRA): Assessing Valuation Following Launch of AI-Powered Neon Browser

Opera (NasdaqGS:OPRA) has sparked attention with the launch of Opera Neon, its premium AI-powered web browser. Neon introduces agentic AI features designed to automate research and streamline everyday tasks within a private and user-focused experience.

See our latest analysis for Opera.

After making waves with Neon’s debut, Opera has also rolled out a series of AI upgrades across its free browser portfolio. These updates aim to serve both everyday users and power users alike. Despite these bold product launches, momentum in Opera’s share price has cooled this year. However, longer-term performance tells a much more upbeat story, with total shareholder returns rising over 26% in the past year.

If you’re intrigued by how fresh tech launches can influence returns, there’s never been a better time to discover See the full list for free.

With the stock currently trading at a discount to analyst price targets, investors may wonder whether Opera is still undervalued after launching Neon, or if the market has already factored in its next wave of growth.

Most Popular Narrative: 29.8% Undervalued

With Opera's fair value pegged at $25.50, which is well above its last close of $17.90, the consensus narrative points to a substantial gap between price and potential. Recent product innovation is highlighted as a major growth engine.

Rapid adoption and global expansion of MiniPay, Opera's stablecoin-based wallet (now at 9 million activated wallets, 250 million transactions), open substantial new monetization channels in emerging fintech and remittance markets. This creates additional revenue streams that diversify away from core browser advertising and search.

Read the complete narrative.

Want a peek at the math that’s powering this bullish outlook? The secret sauce behind the narrative is an ambitious bet on revenue acceleration, margin improvement, and a premium profit multiple. These numbers could surprise you. Uncover why analysts believe Opera's business model is set for a major transformation.

Result: Fair Value of $25.50 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, regulatory changes around fintech or challenges in competing with tech giants could quickly undermine Opera’s bullish growth thesis and earnings projections.

Find out about the key risks to this Opera narrative.

Build Your Own Opera Narrative

If you think there’s more to Opera’s story, or prefer to dig into the numbers yourself, you can shape your own thesis in just minutes: Do it your way

A great starting point for your Opera research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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