Following a mixed Q2 report, Opera's stock declines as it lifts FY26 projections while providing weaker sales forecasts.

OPRA · Opera Limited

The AI's read

Opera reported Q2 where adjusted EPS matched estimates and revenue beat, yet shares fell roughly 7.9% on the print. The company raised FY26 outlook but gave softer full-year sales guidance, which sparked the selloff. Price has already taken the hit and RSI sits mid-40s, so the move isn't a classic panic washout. Valuation (P/E ~14) isn't frothy, but the guidance miss shifts the risk/reward toward the downside. Our take leans bearish because the guidance softness offsets the upgrade and the post-earnings gap shows the market wanted clearer top-line visibility. With a bigger possible downside to the 52-week low than upside to the high, downside skew dominates.