Introduction For those of you who believe in Opera’s story and its massive appreciation potential, 2021 has gone by leaving much frustration. The better Opera executed as the year progressed, the more the market punished it. Opera started the year with a forecast of $220M in FY’21 revenue but it will now end between $250-$260M. Opera started the year at around $9 and then quickly jumped to around $13 but as of this writing Opera is trading around $7(~800M market cap). When the rest of the market was going up early in the year, Opera was left stagnant while many high multiple stocks became more and more expensive. Now when these high multiple stocks are getting crushed, Opera is lumped with those and penalized alike.
OPRA stock - 2021 Recap and what to look for…
Introduction For those of you who believe in Opera’s story and its massive appreciation potential, 2021 has gone by leaving much frustration. The better Opera executed as the year progressed, the more the market punished it. Opera started the year with a forecast of $220M in FY’21 revenue but it will now end between $250-$260M. Opera started the year at around $9 and then quickly jumped to around $13 but as of this writing Opera is trading around $7(~800M market cap). When the rest of the market was going up early in the year, Opera was left stagnant while many high multiple stocks became more and more expensive. Now when these high multiple stocks are getting crushed, Opera is lumped with those and penalized alike.
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