Short interest for Opera gives investors a sense of the degree to which investors are betting on the decline of Opera's stock. Short interest data is updated every two weeks.

Opera Stock (NASDAQ:OPRA), Short Interest Report

Opera

Opera Ltd is a world-wide internet brand with a large, engaged and growing base. It offers users products and services that include a variety of PC and mobile browsers, Opera Gaming portals and development tools, Opera News content recommendation products, and a number of e-commerce products and services. Its features include tabbed browsing, data savings, PC/mobile sync, and numerous features focused on privacy and security, including ad blocking and a built-in VPN. Its browser products include Opera Mini, Opera Browser for Android and iOS, Opera for Computers, Opera GX and Opera GX Mobile, separate browsers tailored for gamers. The newest addition of browsers is the beta release of a Web3-centric browser for PC and mobile which is tailored for crypto enthusiasts.

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Opera Limited - American Depositary Shares

Opera Ltd

<p><strong>Alibaba Group Holding</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) and <strong>Tencent Holdings</strong> (OTCPK:TCEHY), two of China&#8217;s tech giants, have distinct business <a href="https://www.benzinga.com/quote/BABA/news">focuses and strategies</a>.</p>
<p>Alibaba, often likened to <strong>Amazon</strong>, is primarily an e-commerce powerhouse with interests in cloud computing and digital services.</p>
<h2 class="wp-block-heading">Alibaba&#8217;s Q4 Earnings Vs. Tencent&#8217;s Q1 Earnings</h2>
<p>Alibaba reported its Q4 earnings, Tuesday. Alibaba&#8217;s stock dipped due to significant investment losses, overshadowing its Q4 revenue growth and dividend. The company reported a 7% revenue increase to $30.73 billion, beating estimates, but its adjusted EPS of $1.40 missed by 1 cent. The stock is down 10.86% over the past year, but up 1.60% so far in 2024.</p>
<p><em>Related: <a href="https://www.benzinga.com/news/earnings/24/05/38825924/nasdaq-rises-100-points-alibaba-posts-weak-earnings">Nasdaq Rises 100 Points; Alibaba Posts Weak Earnings</a></em></p>
<p>Tencent, on the other hand, is renowned for its social networking platforms like WeChat and dominance in online gaming. Per its Q1 earnings report that came out Tuesday, Tencent&#8217;s revenue rose 6% YoY to RMB159.5 billion (about $22.5 billion), surpassing estimates. Business services and advertising sales divisions showed growth. Profit attributable to equity holders rose 62% year-over-year to RMB41.9 billion ($5.9 billion) versus RMB36.64 billion anticipated. However, Tencent&#8217;s VAS segment fell 0.9% year-over-year to RMB78.63 billion.</p>
<h2 class="wp-block-heading">Regulatory Hurdle Common To Both</h2>
<p>Financially, Alibaba tends to have higher revenue and profit margins, although Tencent has encountered regulatory hurdles in its gaming sector, impacting its growth trajectory. In terms of reach, Alibaba has a more extensive international footprint. Tencent has also made significant investments abroad, particularly in gaming and digital content. </p>
<p>Both companies have faced regulatory challenges in China, with Alibaba fined for anti-monopoly violations and Tencent grappling with gaming restrictions. </p>
<p>More recently, the Chinese government has advised major tech companies, including Alibaba, <strong>Baidu</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), TikTok owner <strong>ByteDance</strong>, and Tencent, to reduce their spending on foreign-made chips, including those from <strong>Nvidia Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>). </p>
<p>They are now expected to purchase an equal number of locally and foreign-made AI chips for their new data centers. The directive has not been strictly enforced, and it is unclear if penalties will be imposed for non-compliance. This shift from foreign-made chips to domestically produced ones could potentially affect the business operations of both Alibaba and Tencent.</p>
<p>The future trajectories of these tech giants will be shaped by their ability to navigate regulatory complexities and expand their global reach.</p>
<h2 class="wp-block-heading">How They Compare On Valuations</h2>
<p>Let&#8217;s see how these two Chinese giants compare on valuations:</p>
<p><figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14143607/newplot-4-1.png" alt="" class="wp-image-338001" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14143607/newplot-4-1.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14143607/newplot-4-1-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure></p>
<p>While Tencent stock&#8217;s faster ascent post mid-March (chart above), Alibaba&#8217;s stock offers the more attractive P/E. BABA has a forward P/E of 9.98 versus Tencent&#8217;s at 17.09, valuations appear to side with Alibaba stock.</p>
<p><figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="650" height="450" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14143500/pe-chart-2.png" alt="" class="wp-image-337997" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14143500/pe-chart-2.png 650w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14143500/pe-chart-2-300x208.png 300w" sizes="(max-width: 650px) 100vw, 650px" /></figure></p>
<p><em>Data Source: Yahoo Finance, Compiled By Benzinga</em></p>
<h2 class="wp-block-heading">Which Stock Is The Better Opportunity?</h2>
<p>Analysts appear to have a consensus on a higher upside being associated with Alibaba stock vs. Tencent stock. While Tencent stock is a strong buy, offering 5.95% upside, Alibaba&#8217;s buy rating has a potential 25.7% upside attached to it.</p>
<p><figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="650" height="850" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14143522/consensus-chart-2.png" alt="" class="wp-image-337998" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14143522/consensus-chart-2.png 650w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14143522/consensus-chart-2-229x300.png 229w" sizes="(max-width: 650px) 100vw, 650px" /></figure></p>
<p><em>Data Source: Yahoo Finance, Compiled By Benzinga</em></p>
<p>Alibaba&#8217;s recent Q4 earnings report highlighted challenges with investment losses overshadowing revenue growth, impacting its stock performance. </p>
<p>Tencent, on the other hand, reported strong Q1 revenue growth, exceeding estimates, despite some weakness in its Value-Added Services (VAS) segment.</p>
<p>Both companies face regulatory challenges in China and are now advised to reduce spending on foreign-made chips. The future trajectory of these giants will depend on their ability to navigate regulations and expand globally. </p>
<p>Currently, Alibaba appears more attractively valued and has a higher upside potential according to analysts.</p>
<p><em>Read Next: <a href="https://www.benzinga.com/news/earnings/24/05/38814985/alibaba-stock-dips-as-huge-investment-losses-in-q4-overshadow-revenue-growth-and-dividend">Alibaba Stock Dips as Huge Investment Losses In Q4 Overshadow Revenue Growth and Dividend</a></em></p>
<p><em>Photo: Shutterstock</em></p>


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ALIBABA GROUP HOLDING LTD by Alibaba Group Holding Limited

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Alibaba's Investment Challenges Vs. Tencent's Revenue Growth: Which Stock Has Higher Upside?

<p>NRX Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NRXP#NASDAQ">NRXP</a>) reported quarterly losses of $(0.74) per share which missed the analyst consensus estimate of $(0.37) by 100 percent. This is a 53.75 percent increase over losses of $(1.60) per share from the same period last year.</p>


Earnings

Earnings Misses

NRXP

NRX Pharmaceuticals Q1 EPS $(0.74) Misses $(0.37) Estimate

<p>Kidpik (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIK#NASDAQ">PIK</a>) reported quarterly losses of $(0.94) per share. This is a 24.8 percent increase over losses of $(1.25) per share from the same period last year.  The company reported $2.20 million in sales this quarter. This is a 45.40 percent decrease over sales of $4.03 million the same period last year.</p>


Kidpik Q1 EPS $(0.94) Up From $(1.25) YoY, Sales $2.20M Down From $4.03M YoY

<p><i><strong>Jack Pacheco, SGH COO and Former CFO, to Serve as Interim CFO</strong></i><br /><br /><i><strong>Reiterates Financial Guidance Provided on April 9, 2024</strong></i></p>
<p><a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sghcorp.com%2F&amp;esheet=53989292&amp;newsitemid=20240514376158&amp;lan=en-US&amp;anchor=SMART+Global+Holdings&amp;index=1&amp;md5=d079ebea06dfd114376957f4cb15f3cb">SMART Global Holdings</a>, Inc. ("SGH" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGH#NASDAQ">SGH</a>) today announced that Ken Rizvi, senior vice president and chief financial officer ("CFO"), will depart the Company on June 30, 2024 to pursue another opportunity. Effective upon Mr. Rizvi's departure, Jack Pacheco, the Company's chief operating officer ("COO") and president of Memory Solutions, and its former CFO, will assume the role of interim CFO while the Company searches for a permanent successor.</p>


Management

SMART Global's Ken Rizvi To Depart June 30, 2024; Jack Pacheco, COO And Former CFO, To Serve As Interim CFO; Reiterates Financial Guidance Provided On April 9, 2024

<p>Following the closing of the Block Trade and Class B Common Stock Purchase, the Selling Stockholders will own 4.16 million Class A and 10.957 million Class B shares of the Company, or approximately&nbsp;7.6%&nbsp;of the total outstanding shares of the Company.</p>
<p>The Company has agreed to purchase from the Selling Stockholders 3 million shares of the Company&#39;s Class B common stock at a price per share equal to the price per share that the Selling Stockholders receive in the Block Trade.</p>


Offerings

Magnolia Oil & Gas Says Certain Affiliates Of EnerVest Agreed To Sell 12M Shares Of Company's Class A Common Stock In Secondary Block Trade

<p>PepGen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEPG#NASDAQ">PEPG</a>) reported quarterly losses of $(0.63) per share which beat the analyst consensus estimate of $(0.74) by 14.86 percent.</p>


Earnings Beats

PEPG

CORRECTION: PepGen Q1 2024 GAAP EPS $(0.63) Beats $(0.74) Estimate

Macro Economic Events

Macro Notification

Economics

General

API Weekly Crude Oil Stock: 3.104M Barrel Draw vs 1.35M Barrel Draw Est.

<p>SELLAS Life Sciences Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLS#NASDAQ">SLS</a>) reported quarterly losses of $(0.21) per share which missed the analyst consensus estimate of $(0.16) by 31.25 percent.</p>


SELLAS Life Sciences Gr Q1 2024 Adj EPS $(0.21) Misses $(0.16) Estimate

<p>Nuvve Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVVE#NASDAQ">NVVE</a>) reported quarterly losses of $(1.69) per share which beat the analyst consensus estimate of $(4.40) by 61.59 percent. This is a 86.8 percent increase over losses of $(12.80) per share from the same period last year.  The company reported quarterly sales of $779.76 thousand which missed the analyst consensus estimate of $4.22 million by 81.52 percent.  This is a 57.96 percent decrease over sales of $1.85 million the same period last year.</p>


NVVE

Nuvve Holding Q1 EPS $(1.69) Beats $(4.40) Estimate, Sales $779.76K Miss $4.22M Estimate

<p>Dolphin Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLPN#NASDAQ">DLPN</a>) reported quarterly losses of $(0.02) per share. This is a 91.3 percent increase over losses of $(0.23) per share from the same period last year.  The company reported $15.24 million in sales this quarter. This is a 54.04 percent increase over sales of $9.89 million the same period last year.</p>


DLPN

Dolphin Entertainment Q1 EPS $(0.02) Up From $(0.23) YoY, Sales $15.24M Up From $9.89M YoY

Serina Therapeutics Q1 2024 R&D Expenses $1.1M Vs $400K Prior

<p>SeaStar Medical Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICU#NASDAQ">ICU</a>) reported quarterly losses of $(0.19) per share which missed the analyst consensus estimate of $(0.15) by 26.67 percent.</p>


SeaStar Medical Holding Q1 2024 Adj EPS $(0.19) Misses $(0.15) Estimate

<p>Today, <a href="https://www.globenewswire.com/Tracker?data=OZne3HOCnonNAuAL6MMb30iOux3kUYKh6fPF8_d2Ru_MnKbwL9Oqft2r520haZRmLTa6hj-saGA2gRIL2pAyda-n8w4tn0st2hoiH_wY3-Y=">Flywire Corporation</a> (Flywire) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLYW#NASDAQ">FLYW</a>) a global payments enablement and software company, announced that it has strengthened its offerings for students and institutions with the expanded availability of its third-party invoicing solution, which streamlines the payment experience for third-party sponsors paying a student's tuition and fees. Leveraging Flywire's solution, institutions around the world can reduce their administrative burden, ease reconciliation, and increase their revenue by creating, issuing and tracking invoices to engage sponsors and encourage timely payments.</p>


FLYW

Flywire Expands Availability Of Third-Party Invoicing Solution

<p>Kyverna Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KYTX#NASDAQ">KYTX</a>) reported quarterly losses of $(1.12) per share which missed the analyst consensus estimate of $(0.84) by 33.33 percent.</p>


KYTX

Kyverna Therapeutics Q1 2024 Adj EPS $(1.12) Misses $(0.84) Estimate

<p>Capital Southwest (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSWC#NASDAQ">CSWC</a>) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.65 by 1.54 percent.  The company reported quarterly sales of $46.43 million which beat the analyst consensus estimate of $45.64 million by 1.73 percent.  This is a 24.84 percent increase over sales of $37.19 million the same period last year.</p>


CSWC

Capital Southwest Q4 2024 GAAP EPS $0.66 Beats $0.65 Estimate, Sales $46.43M Beat $45.64M Estimate

<p>Calidi Biotherapeutics (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CLDI#AMEX">CLDI</a>) reported quarterly losses of $(0.20) per share which beat the analyst consensus estimate of $(0.28) by 28.57 percent.</p>


CLDI

Calidi Biotherapeutics Q1 2024 Adj EPS $(0.20) Beats $(0.28) Estimate

<p>TOI reaffirms its full year 2024&nbsp;guidance for&nbsp;Gross Profit to be $68&nbsp;million - $79 million,&nbsp;Adjusted EBITDA&nbsp;$(8)&nbsp;million to&nbsp;$(18)&nbsp;million</p>


Guidance

The Oncology Institute Reaffirms FY24 Revenue Guidance Of $400M-$415M, Est $412.50M

<p>Enliven Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELVN#NASDAQ">ELVN</a>) reported quarterly losses of $(0.54) per share which beat the analyst consensus estimate of $(0.57) by 5.26 percent.</p>


ELVN

Enliven Therapeutics Q1 2024 Adj EPS $(0.54) Beats $(0.57) Estimate

<p>AEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIDR#NASDAQ">LIDR</a>) reported quarterly losses of $(1.13) per share which beat the analyst consensus estimate of $(1.40) by 19.29 percent. This is a 65.76 percent increase over losses of $(3.30) per share from the same period last year.  The company reported quarterly sales of $20.00 thousand which missed the analyst consensus estimate of $100.00 thousand by 80.00 percent.  This is a 96.86 percent decrease over sales of $636.00 thousand the same period last year.</p>


LIDR

AEye Q1 Adj $(1.13) Beats $(1.40) Estimate, Sales $20.00K Miss $100.00K Estimate

<p><a href="https://www.bloomberg.com/news/articles/2024-05-14/carvana-cvna-ceo-sees-used-car-sales-improving-on-new-vehicle-glut?sref=2h1zKciy">https://www.bloomberg.com/news/articles/2024-05-14/carvana-cvna-ceo-sees-used-car-sales-improving-on-new-vehicle-glut?sref=2h1zKciy</a></p>
<p>&nbsp;</p>


CVNA

Bloomberg Earlier Reported 'Carvana CEO Sees Used Car Sales Improving On New Vehicle Glut'

Opera Limited (OPRA) has disclosed a new risk, in the Accounting & Financial Operations category. Investors in Opera Limited should note that the p...

Opera Limited Investors Watch: Balancing Dividend Payouts and ADS Value Fluctuations

Opera beats top-line and bottom-line estimates; initiates Q2 and raises FY24 outlook

Opera Limited (OPRA) has released an update. Opera Limited reported a robust start to 2024, with a 17% year-over-year increase in first-quarter rev...

Opera Limited Exceeds Q1 Expectations, Ups Full-Year Forecast

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Madison Square Garden Sports (MSGS – Research Report)...

Analysts Have Conflicting Sentiments on These Communication Services Companies: Madison Square Garden Sports (MSGS), Meta Platforms (META) and Opera (OPRA)

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>Opera</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/opra-stock-quote/"><strong>OPRA</strong></a></span>) just reported results for the first quarter of 2024.</p><ul><li>Opera reported earnings per share of 17 cents. This was below the analyst estimate for EPS of 24 cents.</li><li>The company reported revenue of $101.87 million.</li><li>This was 1.74% better than the analyst estimate for revenue of $100.13 million.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
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	<p>The post <a href="https://investorplace.com/earning-results/2024/04/opra-stock-earnings-opera-for-q1-of-2024/">OPRA Stock Earnings: Opera Misses EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

OPRA Stock Earnings: Opera Misses EPS, Beats Revenue for Q1 2024

Opera Limited (OPRA) Q1 2024 Earnings Call Transcript

MNY, GRPN among major communication services gainers; META, OPRA among losers

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>While I have written quite a few articles lately on shifting some of your gains into defensive stocks and safe <a href="https://investorplace.com/stock-types/dividend-stocks/">dividend stocks</a>, I still think that it is very important to keep some potential multibagger <a href="https://investorplace.com/stock-types/growth-stocks/">growth stocks</a> in your portfolio. No one truly knows where the market is headed. </p>



<p>We may even see the rally continue. Even if it doesn&rsquo;t, some of these growth stocks are trading near bargain-basement levels and are unlikely to go down further.</p>



<p>They could end up defying the downtrend altogether and bounce back up significantly. Also, these businesses are at or near profitability and expected to expand their profits significantly going forward. Their earnings growth could organically drive up shares as well.</p>



<p>With that outlook in mind, let&rsquo;s examine the seven growth stocks that could defy the downtrend.</p>



<h2>Direct Digital Holdings (DRCT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/03/digital-advertising-1600-300x169.jpg" alt="Close up hand holding mobile with Digital Advertising and icons, Digital Marketing concept. digital ad stocks"><div>Source: weedezign via Shutterstock</div></div><p><strong>Direct Digital Holdings</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/drct-stock-quote/"><strong>DRCT</strong></a></span>) provides advertising technology, data-driven campaign optimization and other solutions. DRCT stock delivered parabolic gains from late October to mid-March as many companies expanded their marketing campaigns and investors became more optimistic about the company&rsquo;s future. </p>



<p>However, it has come crashing down by 83% since. This is because Direct Digital Holdings <a href="https://investorplace.com/earning-results/2024/03/drct-stock-earnings-direct-digital-holdings-for-q4-of-2023/#:~:text=Direct%20Digital%20Holdings%20(NASDAQ%3ADRCT,reported%20revenue%20of%20%2441.01%20million.">missed EPS and revenue estimates for Q4</a>. Also, it posted a weak revenue guidance for 2024. Revenue came in at just $41 million against $66 million expected. And it expects $180 million in revenue for all of 2024 against $242.6 million previously expected by Wall Street.</p>



<p>This seems to be priced&nbsp;in&nbsp;right now. The plunge appears to be moderating, and we could see a recovery soon. Even if the near-term swing doesn&rsquo;t play out, the long-term prospects seem rosy. And at the $180 million midpoint, we are still looking at 15% year-over-year (<strong>YOY</strong>) sales growth. EPS at 26 cents this year also means 94% YOY growth, with another 59% growth expected next year to 41 cents. This means you&rsquo;re just paying 13.5 times forward earnings for the stock. Thus, the decline is overdone from what I can see.</p>



<h2>Cheetah Net Supply Chain Service (CTNT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/supply-chain-shipping-logistics-1600-300x169.png" alt="logistics stocks. supply chain stocks"><div>Source: Travel mania / Shutterstock.com</div></div><p><strong>Cheetah Net Supply Chain Service</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/ctnt-stock-quote/"><strong>CTNT</strong></a></span>) offers international trading services to small and medium-sized importers and exporters. The company provides parallel importing, inventory financing and warehousing services. Even with onshoring trends, trade is only going to keep rising. <a href="https://tradingeconomics.com/united-states/exports">U.S. exports hit a record $263 billion in February</a>. Imports are also rising sharply.</p>



<p>The stock has been rangebound around $1-$2 for quite a while and currently trades just $1.43 as of writing. Analysts expect <a href="https://seekingalpha.com/symbol/CTNT/earnings/estimates">rapid EPS expansion</a> from 5 cents this year to 16 cents next year. This means you&rsquo;re paying just 8 times the estimated 2025 earnings. Also, revenue is estimated to bounce back to a record $44.8 million next year.</p>



<p>Moreover, Cheetah Net Supply Chain Service completed the acquisition of Edward Transit Express Group Inc. in February 2024. This California-based carrier specializes in ocean and air transportation services. CTNT is expanding beyond the parallel-import vehicle business. It aims to become an integrated provider of international trade services for small and medium-sized traders. If successful, that transition could lead to huge returns from here.</p>



<h2>Integral Ad Science Holding (IAS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/11/advertising-1600-300x169.jpg" alt="graphic of man using megaphone to talk into giant megaphone towards group of people, conveying idea of advertising"><div>Source: VectorKnight/shutterstock.com</div></div><p><strong>Integral Ad Science Holding</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/ias-stock-quote/"><strong>IAS</strong></a></span>) provides global media measurement and optimization to advertisers. In simple terms, it helps advertisers with data. </p>



<p>Currently, IAS trades at discounted levels below $10 after plunging 34% year-to-date (<strong>YTD</strong>). The decline in IAS stock is due to weak revenue guidance for Q1 and the full year 2024, which did not meet analysts&rsquo; estimates.</p>



<p>This occurred despite the company beating earnings per share and revenue estimates for Q4 2023. The stock fell 29% on February 28, 2024, following the release of its earnings report for Q4 2023. Plus, there has been significant insider selling in the past three months, and profit margins have decreased compared to the previous year. The company&rsquo;s <a href="https://www.google.com/finance/quote/IAS:NASDAQ">profits for 2023 also dipped by 52.9%</a> compared to the previous year.</p>



<p>Regardless, the long-term remains promising here. Most of the bad news is priced&nbsp;in&nbsp;right now. So grabbing it below $10 looks like a good deal since you&rsquo;re paying just <a href="https://seekingalpha.com/symbol/IAS/earnings/estimates">30 times 2025 estimated EPS</a> and just 9 times estimated 2029 EPS.</p>



<h2>Atour Lifestyle Holdings (ATAT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/hotels-1600-300x169.jpg" alt="Woman standing in hotel room with luggage looking at the view. Hotel stocks."><div>Source: Boyloso / Shutterstock</div></div><p>China&rsquo;s leading hospitality and lifestyle company <strong>Atour Lifestyle Holdings</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/atat-stock-quote/"><strong>ATAT</strong></a></span>) owns a distinct portfolio of hotel brands. The stock has been more or less flat YTD despite positive growth. It <a href="https://www.macrotrends.net/stocks/charts/ATAT/atour-lifestyle-holdings/revenue">grew its Q4 revenue to $216 million</a> by 137.4% YOY. This beat analysts&rsquo; estimates on the top line by 23.7% on the top line, while EPS beat estimates by 10.7%.</p>



<p>Despite this outperformance, <strong>Bank of America</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/bac-stock-quote/"><strong>BAC</strong></a></span>) <a href="https://www.investing.com/news/company-news/bofa-cuts-atour-lifestyle-target-maintains-buy-rating-on-q4-result-93CH-3360191">cut its price target to $23.7 from $25</a>. This adjustment was due to the company&rsquo;s guidance for flat YOY revenue per available room (<strong>RevPAR</strong>) growth for 2024, which failed market expectations of a low single-digit (<strong>LSD</strong>) increase. However, if the company keeps beating estimates like this, I believe there is room for multibagger gains from here.</p>



<p>Atour Lifestyle Holdings remains committed to its &ldquo;Chinese Experience, 2,000 Premier Hotels&rdquo; strategy and aims to operate 2,000 hotels by 2025. Also, ATAT is the first Chinese hotel chain to develop a scenario-based retail business. It designs guest room amenities and works with manufacturers to deliver top-quality products, making it one of the flashiest growth stocks on this list.</p>



<h2>Forian (FORA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/healthcare-1600-300x169.jpg" alt="Nurse holding a tablet with icons representing different aspects of healthcare and healthcare data representing CANO stock. Healthcare Tech Stocks"><div>Source: metamorworks / Shutterstock</div></div><p><strong>Forian</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/fora-stock-quote/"><strong>FORA</strong></a></span>) provides software and data solutions to the healthcare industry. This stock has been flat for nearly two years, and I believe there is a good chance it could stage an explosive breakout in the coming months if it meets expectations. </p>



<p>Sadly, that has not been happening. <a href="https://seekingalpha.com/article/4681157-forian-inc-fora-q4-2023-earnings-call-transcript">Revenue missed slightly</a>, but EPS surpassed projections by 7 cents and surprisingly came in positive in its Q4 report. However, the stock did not take a big hit as it has already been trading at an established floor and is already quite cheap.</p>



<p>Thus, I believe even with the misses, it is not a bad idea to buy Forian stock in the long run. Analysts expect near breakeven profitability this year and next. Recently, FORA sold its cannabis software unit BioTrack for $30 million in cash. That should improve efficiency going forward and add a big buffer for any unexpected losses. Forian insiders have a vested interest in the company&rsquo;s growth, as seen by their sizable ownership. This is a more long-term play, but any big contract could send it significantly higher.</p>



<h2>Life Time Group (LTH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/10/lth1600-3-300x169.jpg" alt="The outside of a Life Time Athletic gym in Ontario."><div>Source: JHVEPhoto / Shutterstock.com</div></div><p>Owning and managing fitness and recreational sports centers, <strong>Life Time Group</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/lth-stock-quote/"><strong>LTH</strong></a></span>) hasn&rsquo;t seen any particularly strong price action recently. Yet, the broader trend has been bearish for the past few years. However, I do see light at the end of the tunnel as the business has been doing significantly well and is expected to grow notably in the years ahead.</p>



<p>Analysts expect <a href="https://seekingalpha.com/symbol/LTH/earnings/estimates">EPS to grow from 69 cents to $1.11 from 2024 to 2026</a> along with low double-digit sales growth. The biggest problem is the company&rsquo;s debt load at $4.3 billion. However, as I have noted in many of my earlier articles, this could&nbsp;actually&nbsp;turn out to be a tailwind for shareholders in the long run once interest rates are cut. The company will have to pay much less in interest expenses once rates come down. So that could boost earnings and thereby lift the stock substantially as well.</p>



<p><a href="https://www.marketbeat.com/instant-alerts/nyse-lth-initiated-coverage-2024-04-23/">Northland started coverage</a> on Life Time Group with an outperform rating on April 23, 2024, citing the company&rsquo;s &ldquo;ultimate leisure-focused&rdquo; offering with a price target of $23. Plus, its <a href="https://www.gurufocus.com/term/rvn-growth-3y/LTH">3-year sales growth at 18.5%</a> remains better than 65.6% of its peers. It&rsquo;s not among the flashiest growth stocks here, but it can still deliver.</p>



<h2>Opera (OPRA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/12/opra-stock-1-300x169.jpg" alt="A phone displaying the Opera (OPRA) app"><div>Source: bangoland / Shutterstock.com</div></div><p><strong>Opera</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/opra-stock-quote/"><strong>OPRA</strong></a></span>) is one of the growth stocks I have written about many times before. I was initially bearish when Opera peaked out around $27.8 per share. But I switched to being bullish as prices more than halved after a plunge last year. Opera has started to slowly recover since. And I believe that OPRA could challenge its former highs in the months ahead as fundamentals seem to have more than caught up.</p>



<p>I&rsquo;m bullish on Opera mostly because of its Opera GX browser. This browser is tailored specifically towards gaming and has lots of features like <strong>Discord</strong>, <strong>Twitch</strong> and AI integration into the side panel. Additionally, it lets gamers cap internet speeds and RAM usage. YouTube and other tabs often hog RAM and take up speed which can cause lag in-game, and Opera&rsquo;s GX browser easily fixes this problem. It is not a surprise that many Gen Z users have switched from Chrome to Opera GX now. It focuses heavily on the digital market and even cryptocurrencies.</p>



<p>Analysts see solid <a href="https://seekingalpha.com/symbol/OPRA/earnings/estimates">EPS expansion at around 20% YOY</a> on average in the years ahead, along with revenue growth of around 15% annually&nbsp;on average. So investors pay just 14 times forward earnings. And the best part? The dividend yields 6.1%.</p>



<p><em>On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a></em></p>
<div><p>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/7-multibagger-growth-stocks-to-buy-to-defy-the-downtrend/">7 Multibagger Growth Stocks to Buy to Defy the Downtrend</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Multibagger Growth Stocks to Buy to Defy the Downtrend

Opera (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRA#NASDAQ">OPRA</a>) recently reported earnings on April 25 that slightly exceeded expectations. Unlike the previous quarter, when references to art...

Opera (NASDAQ:OPRA) Stock Undervalued despite Revenue Upswing

Opera Q1: Seizing Opportunities In Antitrust Climate For Steady Growth (Upgrade)

ABLV

ATAT

ATNI

CMCM

CTNT

DRCT

FORA

GMGI

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MSGS

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Entertainment

Press Releases

Opera's new AI browser to soon get even more features through new AI innovation program

Opera becomes the first major browser with built-in access to local AI models

Opera and Google Extend Search Agreement

Opera Limited to Announce First Quarter 2024 Financial Results on April 25th, 2024

Opera Files Its 2023 Annual Report on Form 20-F

Opera Reports First Quarter Results Ahead of Expectations, Raises Full Year Outlook

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Opera Stock (NASDAQ:OPRA), Short Interest Report

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