Opera Ltd ADR Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
10.8%projected annual EPS growth
Analyst Coverage
7analysts covering
FY Revenue (est.)
$736.7Mnext fiscal year
FY EPS (est.)
$1.41next fiscal year
Monitoring Framework
Key Performance Indicators
Monthly Active Users (MAUs) Quarterly288MTarget: Stabilization and high-value user growth
Annualized Average Revenue Per User (ARPU) Quarterly2.4Target: Continued expansion via Western markets and AI engagement
MiniPay Activated Wallets Quarterly15MTarget: Further expansion in emerging markets
Watch Items
- Search-query revenue concentration with GoogleTrigger: Any material change or renegotiation of the default search agreement termsAction: Assess impact on query revenue and evaluate alternative monetization channels
- User base contraction (MAU decline)Trigger: Total MAUs dropping below 280 millionAction: Review marketing spend and product engagement strategies, particularly for mobile browsers
- OPay investment valuation volatilityTrigger: Significant write-downs or fair value adjustments of the 9.5% minority stakeAction: Evaluate non-operating income impact and adjust net asset value calculations
Research as of 20 Jun 2026