This Incredibly Cheap Growth Stock Could Soar 44%, According to Wall Street Analysts | The Motley Fool

"Analysts expect Opera's shares to rebound, projecting a price target of $25 which indicates a potential 44% gain, driven by strong performance and growth."

"Opera's first-quarter results surpassed expectations with a 40% revenue increase and a 35% rise in adjusted earnings, a notable leap from last year's 17% revenue growth."

"The company raised its full-year revenue guidance to $575 million, up three points, indicating confidence in performance driven by enhanced monetization strategies."

"With ad revenue surging by 63% year over year due to effective monetization of its properties, Opera successfully attracted more advertising dollars from various channels."

Shares of Opera have experienced volatility but are poised to recover as analysts project a 44% increase in stock value, with a $25 target. The company reported significant growth in its first quarter, with revenues surging 40% and adjusted earnings climbing 35%. This growth has led Opera to raise its full-year revenue guidance to $575 million. A significant contributor to this success has been the increase in ad revenue by 63%, driven by enhanced advertising strategies across its platforms targeting its 293 million active users.

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