Opera's stock surged 6.37% during Tuesday's intraday trading session following the release of its first-quarter 2026 financial results.

The browser and AI software company reported quarterly adjusted earnings of $0.34 per share, beating the analyst consensus estimate of $0.32 and representing a 25.93% increase from the same period last year. Revenue for the quarter reached $175.771 million, exceeding estimates of $171.033 million and growing 23.16% year-over-year.

Opera also raised its full-year 2026 revenue outlook to a range of $727 million to $740 million, up from its previous projection of $720 million to $735 million. The company attributed its strong performance to momentum in advertising revenue, which grew 24%, and query revenue, which increased 23%, supported by its AI product innovations.