Opera (NasdaqGS:OPRA): Assessing Value After Unveiling Deep Research Agent for the Neon Browser

Opera (NasdaqGS:OPRA) is making waves with the introduction of its Opera Deep Research Agent (ODRA) in the Neon browser, expanding its lineup of AI-driven productivity tools for web users. The debut places extra focus on Opera's evolving agentic architecture and potential for further innovation.

See our latest analysis for Opera.

Opera's share price experienced a sharp pullback over the past month, down nearly 19%. The company remains in the spotlight after appointing a new CEO and expanding its AI-driven roadmap. While momentum has faded in the short term, Opera’s three-year total shareholder return of 357% highlights its impressive long-term growth story and the market’s belief in its future potential even as near-term volatility persists.

If Opera's push into advanced browser AI got you thinking about what else is thriving in tech, you may want to check out See the full list for free..

So with shares sitting well below analyst targets and Opera rapidly expanding its AI offerings, is this a case of overlooked value for bold investors, or is the stock’s future growth already reflected in today’s price?

Most Popular Narrative: 38.9% Undervalued

Opera's widely followed narrative signals a valuation nearly 39% above the last traded price, highlighting a major perceived upside. The gap between the fair value estimate and the latest close sets up a story of bold growth, diversification, and major catalysts that are transforming how the company is valued.

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 to peek behind the curtain of this bullish estimate? The narrative relies on ambitious jumps in recurring revenue and margin expansion, all driven by a dramatic shift into high-growth markets. What are the full set of projections and assumptions that fuel such a confident target? Uncover the numbers driving Opera's re-rating.

Result: Fair Value of $25.50 (UNDERVALUED)

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

However, Opera’s ambitions face hurdles, such as tougher crypto regulations or higher AI licensing and infrastructure costs. Both of these factors could quickly dull 2025 optimism.

Find out about the key risks to this Opera narrative.

Build Your Own Opera Narrative

If you see the data differently or want to take matters into your own hands, you can craft your personal narrative in just a few 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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