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NASDAQ:API

Agora (API) Stock Forecast, Price & News

$2.49
-0.04 (-1.58%)
(As of 02:16 PM ET)
Compare
Today's Range
$2.39
$2.51
50-Day Range
$2.38
$3.23
52-Week Range
$2.38
$4.85
Volume
304,630 shs
Average Volume
463,403 shs
Market Capitalization
$267.65 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.30

Agora MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
74.1% Upside
$4.30 Price Target
Short Interest
Bearish
3.13% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.05mentions of Agora in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.63) to ($0.25) Per Share

Overall MarketRank

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

1.75 out of 5 stars

Business Services Sector

253rd out of 317 stocks

Prepackaged Software Industry

173rd out of 208 stocks


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's RTE-PaaS offers developers with software tools to embed real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence functionalities. Its products include video calling, voice calling, interactive live streaming, chat, and signaling; and extensions, which comprise interactive whiteboard, recording, 3D spatial audio, AI noise suppression, analytics, and extensions marketplace products to enable developers to launch RTE in specific use cases. The company also provides Flexible Classroom that offers a low-code application platform as a service; and App Builder, a 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 based in Shanghai, the People's Republic of China.

API Price History

API Stock News Headlines

Morgan Stanley Lowers Agora (NASDAQ:API) to Equal Weight
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
U.S. API Weekly Crude Oil Stock
[BREAKING] New "Living Software" to Revolutionize Warfare
This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>
Will Agora (NASDAQ:API) Spend Its Cash Wisely?
Premarket movers: Baidu, Zoom, Fabrinet, Faraday Future, Agora
Agora's Earnings Outlook
Agora (API) Gets a Buy from Bank of America Securities
Agora Earnings: What To Look For From API
See More Headlines
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API Company Calendar

Last Earnings
8/21/2023
Today
10/02/2023
Next Earnings (Estimated)
11/20/2023
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
1,001
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.30
High Stock Price Forecast
$5.40
Low Stock Price Forecast
$3.20
Forecasted Upside/Downside
+70.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-120,380,000.00
Pretax Margin
-81.86%

Debt

Sales & Book Value

Annual Sales
$160.67 million
Book Value
$6.78 per share

Miscellaneous

Free Float
N/A
Market Cap
$271.95 million
Optionable
Not Optionable
Beta
0.15
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Get This Free Report

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. Ke Wei (Age 42)
    Chief Operating Officer
  • Mr. Sheng Zhong (Age 56)
    Chief Scientist & CTO
  • Fionna Chen
    Director of Investor Relations
  • Andrew Thompson
    VP of Sales
  • Ms. Carrie Brandt
    Sr. Director of People
  • Mr. Edward Brakus
    Sr. VP of Product & Product Marketing
  • Mr. Roger Hale (Age 55)
    Chief Security Officer













API Stock - Frequently Asked Questions

Should I buy or sell Agora stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Agora in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" API shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in API, but not buy additional shares or sell existing shares.
View API analyst ratings
or view top-rated stocks.

What is Agora's stock price forecast for 2023?

1 brokers have issued 1-year price objectives for Agora's stock. Their API share price forecasts range from $3.20 to $5.40. On average, they predict the company's share price to reach $4.30 in the next twelve months. This suggests a possible upside of 70.0% 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 35.3% and is now trading at $2.53.
View the best growth stocks for 2023 here
.

When is Agora's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 20th 2023.
View our API earnings forecast
.

How were Agora's earnings last quarter?

Agora, Inc. (NASDAQ:API) issued its quarterly earnings data on Monday, August, 21st. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.11) by $0.34. The firm had revenue of $34.04 million for the quarter, compared to analysts' expectations of $34.34 million. Agora had a negative net margin of 82.36% and a negative trailing twelve-month return on equity of 17.59%. During the same quarter in the prior year, the business posted ($0.27) EPS.

What ETF holds Agora's stock ?

Harbor Disruptive Innovation ETF holds 113,309 shares of API stock, representing 1.13% of its portfolio.

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

Agora updated its third quarter 2023 earnings guidance on Wednesday, August, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $34.50 million-$36.50 million, compared to the consensus revenue estimate of $40.17 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 Intel (INTC), RTX (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 (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.

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 $2.53.

How much money does Agora make?

Agora (NASDAQ:API) has a market capitalization of $271.95 million and generates $160.67 million in revenue each year. The company earns $-120,380,000.00 in net income (profit) each year or ($1.18) on an earnings per share basis.

How many employees does Agora have?

The company employs 1,001 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 10/2/2023 by MarketBeat.com Staff

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