Is Opera (OPRA) Quietly Recasting Its Web3 Strategy With the Celo Stakeholder Shift?

• Earlier in March 2026, Opera Limited and Celo Core Co. outlined a new three-year commercial framework that would grant Opera 160 million CELO tokens, deepening their nearly five-year collaboration around MiniPay and Celo stablecoins, subject to approval by Celo’s decentralized community governance.
• This arrangement would shift Opera from a pure distribution partner to a meaningful network stakeholder, tying its browser and MiniPay growth more directly to the long-term development of the Celo blockchain ecosystem.
• We’ll now examine how Opera’s move to become a Celo network stakeholder through the 160 million CELO allocation shapes its investment narrative.

Outshine the giants: these 21 early-stage AI stocks could fund your retirement.

Opera Investment Narrative Recap

To own Opera today, you need to believe its core browser, AI initiatives and MiniPay fintech wallet can keep broadening earnings beyond advertising while managing regulatory and competitive pressures. The proposed 160 million CELO allocation strengthens MiniPay’s alignment with the Celo network, but does not fundamentally change the near term catalyst of scaling MiniPay usage, nor the key risk that shifting crypto and stablecoin rules could slow or restrict that growth.

Among recent announcements, Opera’s Q4 2025 results and 2026 guidance stand out next to the Celo news. Management guided 2026 revenue to US$720 million to US$735 million, building on 2025 revenue of US$614.8 million, while also authorizing a US$300 million share repurchase program. For investors, this frames the CELO allocation within a broader story of growing scale, profitability and capital returns that do not depend solely on MiniPay’s trajectory.

Yet despite the promise of MiniPay and CELO, investors should be aware that Opera’s reliance on evolving crypto regulation and partner ecosystems...

Read the full narrative on Opera (it's free!)

Opera's narrative projects $813.6 million revenue and $135.8 million earnings by 2028. This requires 13.6% yearly revenue growth and about a $55 million earnings increase from $80.6 million today.

Uncover how Opera's forecasts yield a $25.50 fair value, a 89% upside to its current price.

Exploring Other Perspectives

Some of the most optimistic analysts were already penciling in about US$878.1 million of revenue and US$155.8 million of earnings by 2028, and see MiniPay’s third party ecosystem as a major upside driver, which contrasts with consensus worries about regulatory and platform risk and may look either more realistic or more stretched after this CELO allocation is fully reflected in new forecasts.

Explore 7 other fair value estimates on Opera - why the stock might be worth just $21.50!

Decide For Yourself

Don't just follow the ticker - dig into the data and build a conviction that's truly your own.

• A great starting point for your Opera research is our analysis highlighting 5 key rewards and 1 important warning sign that could impact your investment decision.
• Our free Opera research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Opera's overall financial health at a glance.

Ready For A Different Approach?

Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay:

• Uncover the next big thing with 30 elite penny stocks that balance risk and reward.
• This technology could replace computers: discover 22 stocks that are working to make quantum computing a reality.
• Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 26 best rare earth metal stocks of the very few that mine this essential strategic resource.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com