Opera Limited Raises Q4 Guidance Above $170M, Sets $24 Price Target
Opera Limited raised its Q4 revenue guidance to over $170 million from $162–165 million and lifted its full-year 2025 revenue outlook above $608 million, marking more than 26% growth. Piper Sandler reiterated a Buy rating with a $24 price target, implying 82.4% upside.
1. Q4 and Full-Year Revenue Outlook
Opera Limited upped its fourth-quarter revenue guidance to over $170 million, up from $162–165 million, and increased its total 2025 revenue forecast above $608 million, indicating more than 26% year-over-year growth and surpassing previous targets.
2. Piper Sandler Buy Rating and Price Target
Piper Sandler reaffirmed a Buy rating on Opera shares, assigning a $24 price target that implies roughly 82.4% upside from current valuations, reflecting bullish analyst expectations on the company’s growth trajectory.
3. User Base Expansion
Opera’s high-ARPU Western user base expanded by about two million sequentially in Q4, fueling stronger monetization potential across its advertising and subscription platforms as user engagement intensifies.
4. Opera’s Browser and AI Strategy
Opera continues to develop its web browsers and AI-powered agent tools across PC and mobile, positioning its products as integrated gateways for web content, services, and AI-driven features for demanding users.