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OSLO - Opera Limited (NASDAQ:OPRA), a technology company with a market capitalization of $1.83 billion and strong financial health according to InvestingPro analysis, has begun rolling out Opera Neon, an AI-powered browser designed to execute tasks on behalf of users, the company announced Tuesday in a press release.
The new browser introduces "Tasks," self-contained workspaces that allow users to organize complex web activities within a single context. These workspaces enable Opera Neon’s AI to analyze and act across multiple sources simultaneously while maintaining separation between different projects. The innovation comes as Opera demonstrates strong business momentum, with revenue growing nearly 30% year-over-year.
Opera Neon also features "Cards," reusable prompt instructions that users can combine for specific functions like comparing products or taking meeting notes. Users can create custom cards or access community-created options through a dedicated store.
The browser’s "Neon Do" function allows the AI to perform actions across tabs within the context of a task. According to the company, this feature operates locally within the user’s browser session where they’re already authenticated, eliminating the need to share passwords with cloud services.
"We built Opera Neon for ourselves - and for everyone who uses AI extensively in their day-to-day life," said Krystian Kolondra, EVP Browsers at Opera.
Opera Neon is being marketed as a premium, subscription-based browser for power users. The company has started providing access to initial users, with additional invitations planned for release soon.
Opera, headquartered in Norway, is known for developing browser innovations including tabs, Speed Dial, and built-in ad blocking. The company is publicly traded on Nasdaq under the ticker symbol "OPRA" and has shown impressive performance with a 31% price return over the past six months. InvestingPro analysis suggests the stock is currently undervalued, with multiple positive indicators available in the full Pro Research Report, which provides comprehensive analysis of Opera among 1,400+ top US stocks.
In other recent news, Opera Ltd reported impressive second-quarter 2025 earnings, surpassing expectations in both earnings per share (EPS) and revenue. The company achieved an adjusted EPS of $0.26, which was a 30% surprise over the forecasted $0.20. Revenue for the quarter reached $143 million, exceeding the anticipated $137.44 million. This strong performance was noted by Goldman Sachs, which subsequently raised Opera’s stock price target to $24.50 from $23.50, maintaining a Buy rating. The firm cited Opera’s robust Q2 results and positive outlook, particularly highlighting the strength in search and advertising segments. Additionally, Goldman Sachs pointed out Opera’s solid Q3 2025 revenue guidance as a factor in the upgraded price target. These developments reflect positively on Opera’s operational capabilities and market strategy.
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