Opera Expands Equity Incentive Pool to Retain Key Talent

In a move designed to secure and motivate its workforce, Opera has amended its compensation framework to significantly increase the number of shares available for employee incentives. The company’s board has approved an addition of two million American Depositary Shares (ADSs) to its Amended and Restated Share Incentive Plan. This strategic decision, formally enacted on December 10, 2025, after being agreed upon in November, aims to better align the interests of employees, executives, and directors with those of shareholders.

Opera’s leadership cites talent acquisition and retention as the core drivers for this expansion. The plan allows these additional ADSs to be granted as part of compensation packages for current and future personnel. This approach is particularly relevant as the company pushes forward with ambitious product initiatives, including the integration of AI features into its browsers and the expansion of its Web3 and E‑commerce service portfolios. Specialists driving these areas often expect equity-based compensation, making this a standard, yet pragmatic, tool for competitive hiring in the technology sector.

While effective for strengthening employee commitment and incentivizing the execution of corporate strategy, analysts note that such measures must be underpinned by solid product development and revenue growth to create lasting shareholder value.

Should investors sell immediately? Or is it worth buying Opera?

Market Reception and Financial Context

The market’s initial response to the announcement was cautiously positive, with Opera’s equity trading slightly higher in early session activity. This development follows a recent analyst upgrade to a “Moderate Buy” rating, also reported on December 10. The broader analyst consensus is viewed as favorable, with an average price target of $25.50, though individual assessments vary.

In the near term, the enlarged share reserve helps mitigate personnel-related risks. Its long-term efficacy, however, is inextricably linked to the successful implementation of Opera’s announced AI and product roadmaps by its teams.

Key Dates and Performance Snapshot

• The next major milestone for investors will be the publication of Opera’s Q4 2025 financial results, scheduled for February 25, 2026.
• As of yesterday’s close, the share price stood at €11.94. This level represents a decline of approximately 36% since the start of the year.

Conclusion: Opera’s decision to bolster its incentive plan is a tactical alignment of employee rewards with its strategic growth focus on AI and digital services. Ultimately, the trajectory of its share price will be determined by the operational execution of these initiatives and the financial outcomes revealed in upcoming quarterly reports.