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: $4.19 to $4.71
• 50-Day Range: $1.95 to $5.35
• 52-Week Range: $1.65 to $6.43
• Volume: 1.35 million shs
• Average Volume: 1.50 million shs
• Market Capitalization: $404.76 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 30% of companies evaluated by MarketBeat, and ranked 262nd 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 -9.54, 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 -9.54, 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 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.83% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Agora has recently decreased by 12.16%, indicating that investor sentiment is improving 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

1.83% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Agora has recently decreased by 12.16%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.26

News Sentiment

Agora has a news sentiment score of 0.26. 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 is a lower news sentiment than the 0.63 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Agora this week, compared to 1 article on an average week.

Search Interest

9 people have searched for API on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Agora to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 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 start of the year. Since then, API shares have increased by 66.9% and is now trading at $4.39.
View the best growth stocks for 2024 here.

How were Agora's earnings last quarter?

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

When did Agora IPO?

Agora (API) raised $298 million in an initial public offering on Friday, June 26th 2020. The company issued 17,500,000 shares at a price of $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?

Agora's top institutional investors include Harber Asset Management LLC (2.32%), GGV Capital LLC (1.82%), Pinpoint Asset Management Ltd (0.35%) and Clearline Capital LP (0.14%).
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: 11/17/2024
• Next Earnings (Confirmed): 11/25/2024
• 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: -40.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.46)
• 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: $141.54 million
• Price / Sales: 2.86
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $6.56 per share
• Price / Book: 0.67

Miscellaneous

• Outstanding Shares: 92,200,000
• Free Float: 78,741,000
• Market Cap: $404.76 million
• Optionable: Not Optionable
• Beta: -0.03