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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
3 Secrets To Consistent Trading Success (Ad)pixel
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
Biden’s Big Lie… (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
Biden’s Big Lie… (Ad)pixel
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
3 Secrets To Consistent Trading Success (Ad)pixel
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
Biden’s Big Lie… (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
Biden’s Big Lie… (Ad)pixel
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
3 Secrets To Consistent Trading Success (Ad)pixel
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
Biden’s Big Lie… (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
Biden’s Big Lie… (Ad)pixel
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
NASDAQ:API

Agora - API Stock Forecast, Price & News

$3.62
+0.07 (+1.97%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$3.47
$3.74
50-Day Range
$2.95
$4.58
52-Week Range
$2.49
$11.56
Volume
668,934 shs
Average Volume
525,527 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.48

Agora MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
161.7% Upside
$9.48 Price Target
Short Interest
Bearish
2.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Agora in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.37) to ($0.19) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.13 out of 5 stars


API stock logo

About Agora (NASDAQ:API) Stock

Agora, Inc. provides Real-Time Engagement Platform-as-a-Service (RTE-PaaS) in the People's Republic of China, the United States, and internationally. The company RTE-PaaS offers developers with software tools to embed real-time video, voice, and messaging functionalities into applications. Its products include video calling, voice calling, interactive live streaming, chat, signaling. Acceleration products; and extensions, which comprise interactive whiteboard, recording, analytics, and extensions marketplace products to enable developers to launch RTE in specific use cases and verticals. The company also provides Flexible Classroom that offers a low-code application Platform as a Service; and App Builder, no-code application platform. Its real-time engagement products are delivered through its Software-Defined Real-Time Network, which is a virtual network overlay on top of the public internet. The company serves social, entertainment, gaming, education, enterprise solutions, e-commerce, financial services, healthcare, and IoT industries. Agora, Inc. was incorporated in 2013 and is headquartered in Shanghai, the People's Republic of China.

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API Stock News Headlines

Short Interest in Agora, Inc. (NASDAQ:API) Grows By 9.7%
Where Are The Markets Going Next?
More banking collapses could be imminent. If you have any money (at all) invested in the markets... even just your retirement... you'll want to see THIS. What we reveal now could help you sooner (and you won’t want it to be later). pixel
Agora Launches 3D Spatial Audio
Agora Launches AI Noise Suppression
Where Are The Markets Going Next?
More banking collapses could be imminent. If you have any money (at all) invested in the markets... even just your retirement... you'll want to see THIS. What we reveal now could help you sooner (and you won’t want it to be later). pixel
Agora, Inc. (NASDAQ:API) Q3 2022 Earnings Call Transcript
Agora to Sell Customer Engagement Cloud Business
Agora, Inc. Reports Third Quarter 2022 Financial Results
Agora Introduces New Agora Chat SDK For Developers
See More Headlines
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API Company Calendar

Last Earnings
11/15/2021
Today
4/02/2023
Next Earnings (Estimated)
5/22/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:API
Fax
N/A
Employees
1,311
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$9.48
High Stock Price Forecast
$12.50
Low Stock Price Forecast
$5.40
Forecasted Upside/Downside
+161.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-120,380,000.00
Pretax Margin
-74.66%

Debt

Sales & Book Value

Annual Sales
$160.67 million
Book Value
$6.88 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
-0.10

Key Executives

  • Mr. Bin Zhao (Age 52)
    Co-Founder, CEO & Chairman
  • Mr. Don E. Schultz
    Pres
  • Mr. Tony Wang
    Co-Founder & Chief Revenue Officer
  • Mr. Jingbo Wang (Age 41)
    Chief Financial Officer
  • Charles Hedden
    VP of Operations
  • Mr. Sheng Zhong (Age 57)
    Chief Scientist & CTO
  • Fionna Chen
    Director of Investor Relations
  • Tim Gray
    Sr. Mang. of Corp. Communications
  • Ms. Heidi F. Schultz
    Exec. VP
  • Mr. Ke Wei (Age 42)
    Chief Strategy Officer













API Stock - Frequently Asked Questions

Should I buy or sell Agora stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agora in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" API shares.
View API analyst ratings
or view top-rated stocks.

What is Agora's stock price forecast for 2023?

3 brokers have issued 12 month price targets for Agora's shares. Their API share price forecasts range from $5.40 to $12.50. On average, they expect the company's stock price to reach $9.48 in the next year. This suggests a possible upside of 161.7% from the stock's current price.
View analysts price targets for API
or view top-rated stocks among Wall Street analysts.

How have API shares performed in 2023?

Agora's stock was trading at $3.91 on January 1st, 2023. Since then, API stock has decreased by 7.4% and is now trading at $3.62.
View the best growth stocks for 2023 here
.

Are investors shorting Agora?

Agora saw a increase in short interest in March. As of March 15th, there was short interest totaling 2,720,000 shares, an increase of 9.7% from the February 28th total of 2,480,000 shares. Based on an average daily trading volume, of 608,900 shares, the short-interest ratio is presently 4.5 days. Currently, 2.9% of the shares of the stock are sold short.
View Agora's Short Interest
.

When is Agora's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 22nd 2023.
View our API earnings forecast
.

How were Agora's earnings last quarter?

Agora, Inc. (NASDAQ:API) released its earnings results on Monday, November, 15th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.14) by $0.05. The firm had revenue of $45.04 million for the quarter, compared to analyst estimates of $40.64 million. Agora had a negative net margin of 74.92% and a negative trailing twelve-month return on equity of 15.34%. During the same quarter in the prior year, the business earned ($0.03) earnings per share.

What ETFs hold Agora's stock?
What guidance has Agora issued on next quarter's earnings?

Agora updated its FY 2023 earnings guidance on Monday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $155.00 million-$157.00 million, compared to the consensus revenue estimate of $166.50 million.

What is Rick Kurtz's approval rating as Agora's CEO?

3 employees have rated Agora Chief Executive Officer Rick Kurtz on Glassdoor.com. Rick Kurtz has an approval rating of 67% among the company's employees.

What other stocks do shareholders of Agora own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Agora investors own include Honeywell International (HON), Intel (INTC), Raytheon Technologies (RTX), Alibaba Group (BABA), Pfizer (PFE), Broadcom (AVGO), Cisco Systems (CSCO), CVS Health (CVS), Walt Disney (DIS) and Home Depot (HD).

When did Agora IPO?

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

What is Agora's stock symbol?

Agora trades on the NASDAQ under the ticker symbol "API."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Agora's stock price today?

One share of API stock can currently be purchased for approximately $3.62.

How many employees does Agora have?

The company employs 1,311 workers across the globe.

How can I contact Agora?

Agora's mailing address is FL 8 BLDG 12 PHASE III OF KIC SONGHU ROAD 333 YANGPU DISTRICT, SHANGHAI F4, 200433. The official website for the company is www.agora.io. The company can be reached via phone at 86-40-0632-6626 or via email at investor@agora.io.

This page (NASDAQ:API) was last updated on 4/2/2023 by MarketBeat.com Staff