Source: Author
Opera's (OPRA) fintech bets are promising but risky. Recent macro instability has sent valuation nosediving. Calling a bottom is futile as there is already a stampede at the exit. Investors are encouraged to keep the faith and see beyond the bear market.
Demand (Rating: Neutral)
Source: Author (using data from Seeking Alpha)
Opera reported solid results last quarter. Opera’s revenue and cash flow are being driven by the expansion of its fintech bets in EMEA. While the strong momentum and revenue growth guide is promising, the risk inherent in the bets