Comprehensive Stock Comparison
Compare Opera Limited (OPRA) vs Nebius Group N.V. (NBIS) Stock
Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.
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Quick Verdict
| Category | Winner | Why |
|---|---|---|
| Growth | NBIS | 350.9% revenue growth vs OPRA's 21.1% |
| Value | OPRA | Lower P/E (11.3x vs 964.7x) |
| Quality / Margins | NBIS | 19.0% net margin vs OPRA's 13.9% |
| Stability / Safety | OPRA | Beta 1.54 vs NBIS's 2.48, lower leverage |
| Dividends | OPRA | 3.3% yield; 2-year raise streak; NBIS pays no meaningful dividend |
| Momentum (1Y) | NBIS | +194.9% vs OPRA's -25.5% |
| Efficiency (ROA) | OPRA | 7.7% ROA vs NBIS's 0.8%, ROIC 8.3% vs -13.4% |
Who Each Stock Is For
Income & stability
Growth exposure
Long-term compounding (10Y)
Sleep-well-at-night portfolio
Defensive / Recession hedge
Business Model
What each company does and how it makes money
Opera Limited is a web browser company offering mobile and desktop browsers with integrated services like news aggregation and gaming features. It generates revenue primarily through advertising—including its Opera Ads platform—and to a lesser extent from gaming services and browser-based cashback rewards. The company's advantage lies in its specialized browser offerings—particularly Opera GX for gamers—and its AI-powered news discovery service that creates a differentiated ecosystem beyond basic browsing.
Nebius Group is a technology company that builds full-stack infrastructure for the global AI industry, including cloud platforms, GPU clusters, and developer tools. It generates revenue primarily through its Nebius AI cloud platform—which serves intensive AI workloads—alongside data services from Toloka AI, edtech from TripleTen, and autonomous driving technology from Avride. The company's competitive advantage lies in its integrated full-stack approach to AI infrastructure—combining hardware, cloud services, and specialized tools—and its established R&D expertise across multiple AI domains.
Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Financial Metrics Comparison
Side-by-side fundamentals across 2 stocks. BestLagging
Financial Scorecard
OPRA leads in 2 of 6 categories (Valuation Metrics, Profitability & Efficiency). NBIS leads in 1 (Total Returns). 2 tied.
Financial Metrics (TTM)
OPRA and NBIS operate at a comparable scale, with $583M and $534M in trailing revenue. NBIS is the more profitable business, keeping 19.0% of every revenue dollar as net income compared to OPRA's 13.9%. On growth, NBIS holds the edge at +5.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | OPRAOpera Limited | NBISNebius Group N.V. |
|---|---|---|
| RevenueTrailing 12 months | $583M | $534M |
| EBITDAEarnings before interest/tax | $107M | -$287M |
| Net IncomeAfter-tax profit | $81M | $102M |
| Free Cash FlowCash after capex | $88M | -$2.3B |
| Gross MarginGross profit ÷ Revenue | +65.4% | +68.0% |
| Operating MarginEBIT ÷ Revenue | +15.3% | -113.3% |
| Net MarginNet income ÷ Revenue | +13.9% | +19.0% |
| FCF MarginFCF ÷ Revenue | +15.1% | -4.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +23.3% | +5.0% |
| EPS Growth (YoY)Latest quarter vs prior year | 0.0% | -79.3% |
Valuation Metrics
At 13.9x trailing earnings, OPRA trades at a 99% valuation discount to NBIS's 964.7x P/E.
| Metric | OPRAOpera Limited | NBISNebius Group N.V. |
|---|---|---|
| Market CapShares × price | $1.1B | $23.3B |
| Enterprise ValueMkt cap + debt − cash | $1.0B | $24.5B |
| Trailing P/EPrice ÷ TTM EPS | 13.88x | 964.73x |
| Forward P/EPrice ÷ next-FY EPS est. | 11.33x | — |
| PEG RatioP/E ÷ EPS growth rate | 1.11x | — |
| EV / EBITDAEnterprise value multiple | 9.30x | — |
| Price / SalesMarket cap ÷ Revenue | 2.33x | 43.96x |
| Price / BookPrice ÷ Book value/share | 1.19x | 5.82x |
| Price / FCFMarket cap ÷ FCF | 15.06x | — |
Profitability & Efficiency
OPRA delivers a 8.6% return on equity — every $100 of shareholder capital generates $9 in annual profit, vs $2 for NBIS. OPRA carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to NBIS's 1.06x. On the Piotroski fundamental quality scale (0–9), NBIS scores 7/9 vs OPRA's 6/9, reflecting strong financial health.
| Metric | OPRAOpera Limited | NBISNebius Group N.V. |
|---|---|---|
| ROE (TTM)Return on equity | +8.6% | +2.2% |
| ROA (TTM)Return on assets | +7.7% | +0.8% |
| ROICReturn on invested capital | +8.3% | -13.4% |
| ROCEReturn on capital employed | +9.8% | -8.4% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 7 |
| Debt / EquityFinancial leverage | 0.01x | 1.06x |
| Net DebtTotal debt minus cash | -$117M | $1.2B |
| Cash & Equiv.Liquid assets | $127M | $3.7B |
| Total DebtShort + long-term debt | $10M | $4.9B |
| Interest CoverageEBIT ÷ Interest expense | 172.17x | -30.21x |
Total Returns (with DRIP)
A $10,000 investment in NBIS five years ago would be worth $53,060 today (with dividends reinvested), compared to $13,275 for OPRA. Over the past 12 months, NBIS leads with a +194.9% total return vs OPRA's -25.5%. The 3-year compound annual growth rate (CAGR) favors NBIS at 74.4% vs OPRA's 19.5% — a key indicator of consistent wealth creation.
| Metric | OPRAOpera Limited | NBISNebius Group N.V. |
|---|---|---|
| YTD ReturnYear-to-date | -6.7% | +18.0% |
| 1-Year ReturnPast 12 months | -25.5% | +194.9% |
| 3-Year ReturnCumulative with dividends | +70.5% | +430.6% |
| 5-Year ReturnCumulative with dividends | +32.8% | +430.6% |
| 10-Year ReturnCumulative with dividends | +22.1% | +430.6% |
| CAGR (3Y)Annualised 3-year return | +19.5% | +74.4% |
Risk & Volatility
OPRA is the less volatile stock with a 1.54 beta — it tends to amplify market swings less than NBIS's 2.48 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NBIS currently trades 75.2% from its 52-week high vs OPRA's 59.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | OPRAOpera Limited | NBISNebius Group N.V. |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.54x | 2.48x |
| 52-Week HighHighest price in past year | $21.06 | $141.10 |
| 52-Week LowLowest price in past year | $11.71 | $18.31 |
| % of 52W HighCurrent price vs 52-week peak | +59.3% | +75.2% |
| RSI (14)Momentum oscillator 0–100 | 44.6 | 55.8 |
| Avg Volume (50D)Average daily shares traded | 604K | 11.3M |
Analyst Outlook
Wall Street rates OPRA as "Buy" and NBIS as "Buy". Consensus price targets imply 72.1% upside for OPRA (target: $22) vs 33.1% for NBIS (target: $141). OPRA is the only dividend payer here at 3.34% yield — a key consideration for income-focused portfolios.
| Metric | OPRAOpera Limited | NBISNebius Group N.V. |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $21.50 | $141.20 |
| # AnalystsCovering analysts | 7 | 4 |
| Dividend YieldAnnual dividend ÷ price | +3.3% | — |
| Dividend StreakConsecutive years of raises | 2 | 2 |
| Dividend / ShareAnnual DPS | $0.42 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
Historical Charts
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Chart 1Total Return — 5 Years (Rebased to 100)
| Stock | Nov 24 | Feb 26 | Change |
|---|---|---|---|
| Opera Limited (OPRA) | 100 | 78.51 | -21.5% |
| Nebius Group N.V. (NBIS) | 100.7 | 440.8 | +337.7% |
Nebius Group N.V. (NBIS) returned +431% over 5 years vs Opera Limited (OPRA)'s +33%. A $10,000 investment in NBIS 5 years ago would be worth $53,060 today (including dividends reinvested).
Chart 2Revenue Growth — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| Opera Limited (OPRA) | $107M | $481M | +348.0% |
| Nebius Group N.V. (NBIS) | $1.2B | $530M | -57.1% |
Nebius Group N.V.'s revenue grew from $1.2B (2016) to $530M (2025) — a -9.0% CAGR.
Chart 3Net Margin Trend — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| Opera Limited (OPRA) | -14.7% | 16.8% | +214.0% |
| Nebius Group N.V. (NBIS) | 9.0% | 19.2% | +114.4% |
Nebius Group N.V.'s net margin went from 9% (2016) to 19% (2025).
Chart 4P/E Ratio History — 6 Years
| Stock | 2018 | 2024 | Change |
|---|---|---|---|
| Opera Limited (OPRA) | 16.4 | 21 | +28.0% |
Opera Limited has traded in a 6x–45x P/E range over 6 years; current trailing P/E is ~14x.
Chart 5EPS Growth — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| Opera Limited (OPRA) | -0.14 | 0.9 | +742.9% |
| Nebius Group N.V. (NBIS) | 0.34 | 0.11 | -67.6% |
Nebius Group N.V.'s EPS grew from $0.34 (2016) to $0.11 (2025) — a -12% CAGR.
Chart 6Free Cash Flow — 5 Years
Opera Limited generated $74M FCF in 2024 (+260% vs 2021). Nebius Group N.V. generated $-4B FCF in 2025 (-677% vs 2021).
OPRA vs NBIS: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is OPRA or NBIS a better buy right now?
Opera Limited (OPRA) offers the better valuation at 13.9x trailing P/E (11.3x forward), making it the more compelling value choice. Analysts rate Opera Limited (OPRA) a "Buy" — based on 7 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — OPRA or NBIS?
On trailing P/E, Opera Limited (OPRA) is the cheapest at 13.9x versus Nebius Group N.V. at 964.7x.
03Which is the better long-term investment — OPRA or NBIS?
Over the past 5 years, Nebius Group N.V. (NBIS) delivered a total return of +430.6%, compared to +32.8% for Opera Limited (OPRA). A $10,000 investment in NBIS five years ago would be worth approximately $53K today (assuming dividends reinvested). Over 10 years, the gap is even starker: NBIS returned +430.6% versus OPRA's +22.1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — OPRA or NBIS?
By beta (market sensitivity over 5 years), Opera Limited (OPRA) is the lower-risk stock at 1.54β versus Nebius Group N.V.'s 2.48β — meaning NBIS is approximately 61% more volatile than OPRA relative to the S&P 500. On balance sheet safety, Opera Limited (OPRA) carries a lower debt/equity ratio of 1% versus 106% for Nebius Group N.V. — giving it more financial flexibility in a downturn.
05Which has better profit margins — OPRA or NBIS?
Nebius Group N.V. (NBIS) is the more profitable company, earning 19.2% net margin versus 16.8% for Opera Limited — meaning it keeps 19.2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: OPRA leads at 19.2% versus -112.5% for NBIS. At the gross margin level — before operating expenses — OPRA leads at 72.4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is OPRA or NBIS more undervalued right now?
Analyst consensus price targets imply the most upside for OPRA: 72.1% to $21.50.
07Which pays a better dividend — OPRA or NBIS?
In this comparison, OPRA (3.3% yield) pays a dividend. NBIS does not pay a meaningful dividend and should not be held primarily for income.
08Is OPRA or NBIS better for a retirement portfolio?
For long-horizon retirement investors, Opera Limited (OPRA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (3.3% yield). Nebius Group N.V. (NBIS) carries a higher beta of 2.48 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (OPRA: +22.1%, NBIS: +430.6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between OPRA and NBIS?
Both stocks operate in the Communication Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. In terms of investment character: OPRA is a small-cap deep-value stock; NBIS is a mid-cap quality compounder stock. OPRA pays a dividend while NBIS does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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- Sector: Communication Services
- Market Cap > $100B
- Revenue Growth > 250%
- Net Margin > 11%