Agora (API) Stock Price, News & Analysis

Company Overview

Agora, Inc. operates in real-time engagement technology business in the People's Republic of China, the United States, and internationally. The company offers real-time engagement platform-as-a-services providing developers with application programming interfaces to embed real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence capabilities into their applications. It also provides video and voice calling, interactive live and broadcast streaming, chat, signaling, and interactive whiteboard products; and extensions, such as analytics, recording, AI noise suppression, 3D spatial audio, real-time transcription, and extensions marketplace. In addition, the company offers Application Platforms, including Flexible Classroom, a low-code application Platform as a Service, which combines video, voice, chat, signaling, whiteboard and recording functionalities into an integrated cloud-based solution for education providers; and App Builder, a no-code application platform, designed for developers with little or no coding experience to build their own applications with video conference and live streaming functionalities. It operates through Agora and Shengwang brands. Agora, Inc. was incorporated in 2013 and is headquartered in Santa Clara, California.

Key Stats

• Today's Range: $2.78 to $2.96
• 50-Day Range: $1.83 to $4.95
• 52-Week Range: $1.65 to $6.43
• Volume: 270,878 shs
• Average Volume: 715,736 shs
• Market Capitalization: $260.01 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.63
• Consensus Rating: Hold

Agora Stock Analysis - MarketRank™

Agora scored higher than 24% of companies evaluated by MarketBeat, and ranked 282nd out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Agora has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Agora has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Agora are expected to grow in the coming year, from ($0.21) to ($0.01) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Agora is -6.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Agora is -6.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Agora has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.09% of the float of Agora has been sold short.

Short Interest Ratio / Days to Cover

Agora has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Agora has recently increased by 8.82%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Agora does not currently pay a dividend.

Dividend Growth

Agora does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.09% of the float of Agora has been sold short.

Short Interest Ratio / Days to Cover

Agora has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Agora has recently increased by 8.82%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.51

News Sentiment

Agora has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Agora this week, compared to 1 article on an average week.

Search Interest

8 people have searched for API on MarketBeat in the last 30 days. This is an increase of 700% compared to the previous 30 days.

MarketBeat Follows

4 people have added Agora to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Agora insiders have not sold or bought any company stock.

Percentage Held by Insiders

14.60% of the stock of Agora is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

40.40% of the stock of Agora is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

API Stock Analysis - Frequently Asked Questions

How have API shares performed this year?

Agora's stock was trading at $2.63 at the beginning of the year. Since then, API stock has increased by 7.2% and is now trading at $2.82.
View the best growth stocks for 2024 here.

How were Agora's earnings last quarter?

Agora, Inc. (NASDAQ:API) released its quarterly earnings data on Monday, August, 19th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.03. The company had revenue of $34.21 million for the quarter, compared to analysts' expectations of $34.46 million. Agora had a negative trailing twelve-month return on equity of 7.32% and a negative net margin of 31.69%.

When did Agora IPO?

Agora (API) raised $298 million in an IPO on Friday, June 26th 2020. The company issued 17,500,000 shares at $16.00-$18.00 per share. Morgan Stanley and BofA Securities acted as the underwriters for the IPO and Neeham was co-manager.

Who are Agora's major shareholders?

Top institutional investors of Agora include Genus Capital Management Inc..
View institutional ownership trends.

How do I buy shares of Agora?

Shares of API stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Agora own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Agora investors own include Meta Platforms (META), NVIDIA (NVDA), Broadcom (AVGO), CrowdStrike (CRWD), PayPal (PYPL), Advanced Micro Devices (AMD) and Adobe (ADBE).

Company Calendar

• Last Earnings: 8/19/2024
• Today: 10/31/2024
• Next Earnings (Estimated): 11/19/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NASDAQ:API
• CUSIP: N/A
• CIK: 1802883
• Web: www.agora.io
• Phone: 86-40-0632-6626
• Fax: N/A
• Employees: 1,001
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.63
• High Stock Price Target: $2.63
• Low Stock Price Target: $2.63
• Potential Upside/Downside: -5.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.81)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-87,220,000.00
• Net Margins: -31.69%
• Pretax Margin: -31.94%
• Return on Equity: -7.32%
• Return on Assets: -6.47%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 8.29
• Quick Ratio: 8.29

Sales & Book Value

• Annual Sales: $138.29 million
• Price / Sales: 1.86
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $6.56 per share
• Price / Book: 0.43

Miscellaneous

• Outstanding Shares: 92,202,000
• Free Float: 78,741,000
• Market Cap: $257.24 million
• Optionable: Not Optionable
• Beta: 0.01