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OSLO - Opera (NASDAQ:OPRA), a $1.64 billion market cap browser company currently trading below its InvestingPro Fair Value, announced Friday it will roll out upgraded artificial intelligence capabilities to its free browser portfolio in the coming weeks, complementing its recently launched premium Opera Neon AI browser.
The browser company said the upcoming upgrades will include faster models, better browser integration, higher usage limits, and access to open source local models across its flagship browsers.
Opera’s free AI assistant, Aria, has been available to users since May 2023 and is powered by OpenAI’s GPT models and Google’s Gemini models. The assistant is integrated directly into Opera One, Opera GX, Opera Air, and Opera browsers on Android, iOS, and Opera Mini.
This week, Opera began shipping its new premium offering, Opera Neon browser, which features agentic AI capabilities. Unlike the basic AI support provided by Aria, Opera Neon allows users to delegate complex tasks to the browser, such as navigating multiple websites, filling out forms, conducting research, and automating repetitive tasks.
"Our users already have access to free AI built directly into their browsers. That AI is about to get a powerful upgrade," said Krystian Kolondra, EVP Browsers at Opera, according to the press release.
The company’s two-tier approach provides everyday AI capabilities in its free browsers while offering a premium AI-powered browsing experience through Opera Neon for more advanced users.
Opera, founded in 1995 and headquartered in Oslo, Norway, serves hundreds of millions of users globally with its web browsers for mobile phones and desktop computers. The company maintains a strong financial position with more cash than debt on its balance sheet and healthy profit margins exceeding 52%. For detailed analysis and additional insights, check out the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US stocks including Opera.
In other recent news, Opera Limited reported impressive second-quarter 2025 earnings, surpassing both earnings per share (EPS) and revenue expectations. The company achieved an adjusted EPS of $0.26, outperforming the forecasted $0.20, and generated revenue of $143 million, exceeding the anticipated $137.44 million. This robust performance was highlighted by Goldman Sachs, which subsequently raised its price target for Opera to $24.50 from $23.50, maintaining a Buy rating. The investment firm noted Opera’s strong Q2 results and positive Q3 revenue guidance as key factors for the upgrade.
Additionally, Opera has launched a new AI-powered browser named Opera Neon, designed to enhance user experience by organizing complex web activities through its "Tasks" feature. This development showcases Opera’s commitment to innovation and technological advancement. These recent developments reflect Opera’s strategic initiatives and strong market performance.
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