NBIS

Nebius Group N.V.

There isn't enough reported data to score NBIS yet.

OPRA

Opera Limited

71
Fundamentals69/ 100
Valuation63/ 100
Upside potential73/ 100
Risk potential18/ 100

OPRA's fundamentals are strong: revenue grew 23% and it turned 18% of its revenue into free cash flow. Its PE of 11x looks cheaper than it really is, because one-off gains boosted its recent earnings. Analysts expect OPRA's strong growth to continue.

NBIS Fundamentals

MetricStatus
Unavailable
Healthy
Unavailable
Healthy

NBIS's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.

OPRA Fundamentals

MetricStatus
Healthy
Healthy
Strong
Strong

OPRA's revenue, profitability, cash flow and balance sheet are all currently healthy.

NBIS PE Valuation

CHEAPFAIREXPENSIVE226x452x678x904x
CHEAPFAIREXPENSIVE226x452x678x904x
LevelPEPriceVs current
Cheap68x$22.45-83%
Fair114x$37.67-71%
Current390x$129—
Expensive666x$220+71%

Historical ranges are pointers, not guarantees.

NBIS's PE is 390x, but its earnings don't support one, so it isn't a reliable read right now.

OPRA PE Valuation

CHEAPFAIREXPENSIVE21x42x63x84x
CHEAPFAIREXPENSIVE21x42x63x84x
LevelPEPriceVs current
Cheap7.4x$10.24-35%
Current11x$15.63—
Fair16x$22.42+43%
Expensive28x$38.34+145%

Historical ranges are pointers, not guarantees.

OPRA has the edge over NBIS in the historical PE scenario, which offers more potential upside but is not a forecast.

NBIS Forward outlook

MetricOutlook
--
Losses steady
Strong growth
Strongly improving
Limited
Low

Analysts expect NBIS's revenue to grow and its profitability to improve, with its earnings holding steady. However, they disagree widely on these estimates.

OPRA Forward outlook

MetricOutlook
--
Strong growth
Growth
Improving
Limited
High

OPRA has the edge over NBIS on the outlook, with more favorable earnings expectations.

NBIS Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $128.64 on Nov 12.

There is not enough scenario data to compare NBIS and OPRA's risk to reward.

OPRA Risk to reward

ScenarioChangePrice
Upside+49%$23.24
Downside-18%$12.80

Calculated from the latest close: $15.63 on Nov 12.

There is not enough scenario data to compare NBIS and OPRA's risk to reward.

NBIS Earnings Per Share

Q4 2014: $0.63Q4 2015: $0.36Q4 2016: $0.25Q4 2017: $0.32Q4 2018: $1.71Q4 2019: $0.46Q4 2020: $0.87Q4 2021: $-0.49Q4 2022: $1.00Q4 2023: $0.64Q4 2024: $-2.28Q4 2025: $0.33
Q4 2014: $0.63Q4 2015: $0.36Q4 2016: $0.25Q4 2017: $0.32Q4 2018: $1.71Q4 2019: $0.46Q4 2020: $0.87Q4 2021: $-0.49Q4 2022: $1.00Q4 2023: $0.64Q4 2024: $-2.28Q4 2025: $0.33
QuarterTTM EPSYoY
Q4 2025$0.33+$2.61
Q4 2024-$2.28-456%
Q4 2023$0.64-36%
Q4 2022$1.00+$1.49
Q4 2021-$0.49-156%
Q4 2020$0.87+89%
Q4 2019$0.46-73%
Q4 2018$1.71+434%

NBIS has returned to profit: it earned $0.33 per share over the past year, after losing money the year before.

OPRA Earnings Per Share

Q3 2023: $0.73Q4 2023: $1.89Q1 2024: $1.88Q2 2024: $1.95Q3 2024: $1.97Q4 2024: $0.91Q1 2025: $0.94Q2 2025: $0.89Q4 2025: $0.89Q4 2025: $1.18Q1 2026: $1.25Q2 2026: $1.38
Q3 2023: $0.73Q4 2023: $1.89Q1 2024: $1.88Q2 2024: $1.95Q3 2024: $1.97Q4 2024: $0.91Q1 2025: $0.94Q2 2025: $0.89Q4 2025: $0.89Q4 2025: $1.18Q1 2026: $1.25Q2 2026: $1.38
QuarterTTM EPSYoY
Q2 2026$1.38+55%
Q1 2026$1.25+33%
Q4 2025$1.18+30%
Q4 2025$0.89-55%
Q2 2025$0.89-54%
Q1 2025$0.94-50%
Q4 2024$0.91-52%
Q3 2024$1.97+170%

OPRA has the edge over NBIS in the latest year-over-year earnings comparison.

NBIS Quarterly Revenue

Q4 2014: $613MQ4 2015: $722MQ4 2016: $917MQ4 2017: $1.1BQ4 2018: $1.5BQ4 2019: $2.1BQ4 2020: $2.6BQ4 2021: $4.3BQ4 2022: $6.3BQ4 2023: $9.7BQ4 2024: --Q4 2025: $530M
Q4 2014: $613MQ4 2015: $722MQ4 2016: $917MQ4 2017: $1.1BQ4 2018: $1.5BQ4 2019: $2.1BQ4 2020: $2.6BQ4 2021: $4.3BQ4 2022: $6.3BQ4 2023: $9.7BQ4 2024: --Q4 2025: $530M
QuarterRevenueYoY
Q4 2023$9.7B+53%
Q4 2022$6.3B+46%
Q4 2021$4.3B+63%
Q4 2020$2.6B+24%
Q4 2019$2.1B+37%
Q4 2018$1.5B+36%
Q4 2017$1.1B+24%
Q4 2016$917M+27%

NBIS's revenue is growing: $530M last quarter, down 80% from the same quarter a year ago.

OPRA Quarterly Revenue

Q3 2023: $103MQ4 2023: $113MQ1 2024: $102MQ2 2024: $110MQ3 2024: $123MQ4 2024: $146MQ1 2025: $143MQ2 2025: $143MQ4 2025: $152MQ4 2025: $177MQ1 2026: $176MQ2 2026: $177M
Q3 2023: $103MQ4 2023: $113MQ1 2024: $102MQ2 2024: $110MQ3 2024: $123MQ4 2024: $146MQ1 2025: $143MQ2 2025: $143MQ4 2025: $152MQ4 2025: $177MQ1 2026: $176MQ2 2026: $177M
QuarterRevenueYoY
Q2 2026$177.5M+24%
Q1 2026$175.8M+23%
Q4 2025$177M+21%
Q4 2025$151.9M+23%
Q2 2025$143M+30%
Q1 2025$142.7M+40%
Q4 2024$145.8M+29%
Q3 2024$123.2M+20%

OPRA has the edge over NBIS in the latest year-over-year revenue comparison.

NBIS Free Cash Flow

Q4 2014: $71MQ4 2015: $79MQ4 2016: $191MQ4 2017: $137MQ4 2018: −$1MQ4 2019: $288MQ4 2020: $97MQ4 2021: −$427MQ4 2022: −$107MQ4 2023: −$246MQ4 2024: −$562MQ4 2025: −$3.7B
Q4 2014: $71MQ4 2015: $79MQ4 2016: $191MQ4 2017: $137MQ4 2018: −$1MQ4 2019: $288MQ4 2020: $97MQ4 2021: −$427MQ4 2022: −$107MQ4 2023: −$246MQ4 2024: −$562MQ4 2025: −$3.7B
QuarterFree cash flowYoY
Q4 2025-$3.7B-$3.1B
Q4 2024-$562.1M-$316.2M
Q4 2023-$245.9M-$138.9M
Q4 2022-$107M+$319.7M
Q4 2021-$426.7M-539%
Q4 2020$97.3M-66%
Q4 2019$287.9M+$289.2M
Q4 2018-$1.3M-101%

NBIS has burned cash in six of the last eight quarters: −$4.6B over the past year, against −$43M the year before.

OPRA Free Cash Flow

Q3 2023: $16MQ4 2023: $25MQ1 2024: $11MQ2 2024: $14MQ3 2024: $31MQ4 2024: $20MQ1 2025: $15MQ2 2025: $30MQ4 2025: $22MQ4 2025: $40MQ1 2026: $37MQ2 2026: $22M
Q3 2023: $16MQ4 2023: $25MQ1 2024: $11MQ2 2024: $14MQ3 2024: $31MQ4 2024: $20MQ1 2025: $15MQ2 2025: $30MQ4 2025: $22MQ4 2025: $40MQ1 2026: $37MQ2 2026: $22M
QuarterFree cash flowYoY
Q2 2026$21.8M-28%
Q1 2026$36.8M+140%
Q4 2025$39.6M+101%
Q4 2025$22.5M-27%
Q2 2025$30.3M+109%
Q1 2025$15.3M+42%
Q4 2024$19.7M-20%
Q3 2024$30.8M+93%

OPRA generated $121M in free cash flow over the past year, up 26% from the year before.

NBIS Total Shares

Q4 2014: 326MQ4 2015: 324MQ4 2016: 326MQ4 2017: 331MQ4 2018: 335MQ4 2019: 335MQ4 2020: 353MQ4 2021: 362MQ4 2022: 377MQ4 2023: 373MQ4 2024: 281MQ4 2025: 248M
Q4 2014: 326MQ4 2015: 324MQ4 2016: 326MQ4 2017: 331MQ4 2018: 335MQ4 2019: 335MQ4 2020: 353MQ4 2021: 362MQ4 2022: 377MQ4 2023: 373MQ4 2024: 281MQ4 2025: 248M
PeriodChange %Net change
Quarterly-12%-33.3M shares
1 year-32%-115M shares
3 years-26%-86.9M shares

NBIS has the edge over OPRA on shareholder dilution, with a more favorable share count trend.

OPRA Total Shares

Q3 2023: 91MQ4 2023: 89MQ1 2024: 89MQ2 2024: 89MQ3 2024: 89MQ4 2024: 90MQ1 2025: 90MQ2 2025: 90MQ4 2025: 91MQ4 2025: 91MQ1 2026: 91MQ2 2026: 91M
Q3 2023: 91MQ4 2023: 89MQ1 2024: 89MQ2 2024: 89MQ3 2024: 89MQ4 2024: 90MQ1 2025: 90MQ2 2025: 90MQ4 2025: 91MQ4 2025: 91MQ1 2026: 91MQ2 2026: 91M
PeriodChange %Net change
Quarterly-0.1%-67K shares
1 year+0.8%+760K shares
3 years-0.3%-237K shares
5 years-21%-24.7M shares
Available history-19%-21.9M shares

OPRA has 91M diluted shares, up 0.8% from a year ago, despite $27M in buybacks over the past year.

NBIS Net Leverage

Q4 2022: -0.7xQ4 2023: 0.7x
Q4 2022: -0.7xQ4 2023: 0.7x
QuarterNet LeverageStatus
Q4 20230.7xVery low
Q4 2022-0.7xNet Cash

NBIS's net debt is less than a year of its operating earnings (EBITDA).

OPRA Net Leverage

Q3 2023: -1.4xQ4 2023: -1.0xQ1 2024: -1.0xQ2 2024: -1.0xQ3 2024: -1.0xQ4 2024: -1.0xQ1 2025: -0.8xQ2 2025: -1.1xQ4 2025: -1.0xQ4 2025: -1.0xQ1 2026: -0.9xQ2 2026: -0.8x
Q3 2023: -1.4xQ4 2023: -1.0xQ1 2024: -1.0xQ2 2024: -1.0xQ3 2024: -1.0xQ4 2024: -1.0xQ1 2025: -0.8xQ2 2025: -1.1xQ4 2025: -1.0xQ4 2025: -1.0xQ1 2026: -0.9xQ2 2026: -0.8x
QuarterNet LeverageStatus
Q2 2026-0.8xNet Cash
Q1 2026-0.9xNet Cash
Q4 2025-1.0xNet Cash
Q4 2025-1.0xNet Cash
Q2 2025-1.1xNet Cash
Q1 2025-0.8xNet Cash
Q4 2024-1.0xNet Cash
Q3 2024-1.0xNet Cash

OPRA has more cash than debt.

NBIS Weekly Momentum

MetricValueStatus
RSI38.0Neutral
Stochastic8.3Oversold

NBIS's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).

OPRA Weekly Momentum

MetricValueStatus
RSI40.0Neutral
Stochastic9.3Oversold

OPRA's weekly RSI is 40 (neutral) and its Stochastic is 9 (oversold).

NBIS PE vs Communication Services Sector

MetricNBISSector medianRelative
PE390x16x2,264% above
PE %622438 pts above

NBIS is trading at 390x earnings, a 2264% premium to the Communication Services sector's median of 16x, though its earnings don't support one.

OPRA PE vs Communication Services Sector

MetricOPRASector medianRelative
PE11x16x31% below
PE %25261 pt below

OPRA has the edge over NBIS on valuation relative to its sector.

NBIS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$179.728% below
20 week MA$199.936% below
50 week MA$163.521% below
100 week MA$110.017% above

NBIS has stronger trend alignment. NBIS is above 1 of 4 weekly averages versus OPRA above 1 of 5.

OPRA Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$16.76.6% below
20 week MA$18.214% below
50 week MA$16.65.6% below
100 week MA$16.97.6% below
200 week MA$15.32.4% above

OPRA has fallen below most of its moving averages, though it's still 2.4% above its 200-week average.

NBIS Yearly ROI

YearStart priceEnd priceROI
2024$19.6$27.3+40%
2025$27.3$87.6+221%
2026 YTD$87.6$128.6+47%

NBIS has the edge over OPRA on returns for 2026, with the stronger performance.

OPRA Yearly ROI

YearStart priceEnd priceROI
2020$9.44$8.49-10%
2021$8.49$7.19-15%
2022$7.19$5.98-17%
2023$5.98$13.2+121%
2024$13.2$19.0+43%
2025$19.0$14.5-24%
2026 YTD$14.5$15.6+7.7%

OPRA has finished lower in four of the last six years. It's up 7.7% so far in 2026.

Give your agent the market.

Get API key