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OSLO - Opera (NASDAQ:OPRA) [NASDAQ: OPRA], the Norwegian web browser company, with a market capitalization of $1.64 billion and impressive revenue growth of 18% in the last twelve months, has announced the integration of popular communication platforms Discord, Slack, and Bluesky into the sidebar of its Opera One browser. This update, released today, is a direct response to user demand for more integrated communication tools.
The addition of these platforms to the sidebar aims to streamline the user experience by reducing the need for multiple open tabs and applications. Opera One’s sidebar serves as a central hub for users to access their most valued browser features. The new integrations have been tested in the Developer stream of the browser over the past month.
Joanna Czajka, Product Director at Opera, emphasized the company’s commitment to user feedback, stating, "We’re constantly looking at the feedback our users provide... Whether you’re working with your team on Slack, chatting with your friends on Discord, or keeping in touch with your community via BlueSky, we want you to be able to do that directly from Opera."
These updates reflect Opera’s diverse user base, which includes professionals, developers, and social media enthusiasts. Opera’s sidebar already offers access to various social platforms and messengers, such as WhatsApp, Instagram, and Telegram. Users have the flexibility to customize their sidebar by enabling any combination of these platforms.
To utilize Discord, Slack, and Bluesky within Opera One, users are required to update to the latest browser version and activate their chosen social apps in the Sidebar Setup menu.
Founded in 1995, Opera is known for its innovative and secure browsing solutions across desktop and mobile devices. The company is publicly traded on the Nasdaq stock exchange under the ticker symbol OPRA. This latest development is part of Opera’s ongoing efforts to provide a tailored browsing experience that meets the specific needs of its users.
The information in this article is based on a press release statement from Opera Limited.
In other recent news, Opera Limited has garnered attention following Piper Sandler’s initiation of coverage on the company’s stock with an Overweight rating and a price target of $25. Piper Sandler analysts highlighted Opera’s unique position in the web browser market, noting its growth in user segments with higher Average Revenue Per User (ARPU) and its expansion into Western markets. The analysts emphasized the company’s development of both first-party and third-party advertising products as a positive factor. They also pointed out the strength of the digital advertising environment and Opera’s increasing market share in its focus verticals. Furthermore, potential catalysts for the company in 2025 include the resolution of regulatory matters with Google (NASDAQ:GOOGL), the expansion of its iOS application, and the renewal of its search agreement. Piper Sandler finds Opera’s valuation appealing, citing it as approximately nine times the projected 2026 EBITDA. The firm expects a compound annual growth rate of about 20% in EBITDA over the next three years through 2026. These factors contributed to the initiation of coverage with an Overweight rating, reflecting optimism about Opera’s future prospects.
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