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NASDAQ:API

Agora (API) Stock Price, News & Analysis

$2.49
+0.01 (+0.40%)
(As of 07/26/2024 ET)
Today's Range
$2.48
$2.56
50-Day Range
$2.12
$2.92
52-Week Range
$2.03
$3.35
Volume
82,630 shs
Average Volume
197,198 shs
Market Capitalization
$229.58 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.20

Agora MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
28.5% Upside
$3.20 Price Target
Short Interest
Healthy
2.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.04mentions of Agora in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.23) to ($0.17) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.44 out of 5 stars

Business Services Sector

185th out of 317 stocks

Prepackaged Software Industry

129th out of 202 stocks

API stock logo

About Agora Stock (NASDAQ:API)

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.

API Stock Price History

API Stock News Headlines

Cibersegurança Report #36
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
See More Headlines
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Company Calendar

Last Earnings
5/22/2024
Today
7/26/2024
Next Earnings (Estimated)
8/19/2024
Fiscal Year End
12/31/2024

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 Target
$3.20
High Stock Price Target
$3.20
Low Stock Price Target
$3.20
Potential Upside/Downside
+25.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-87,220,000.00
Pretax Margin
-57.87%

Debt

Sales & Book Value

Annual Sales
$141.54 million
Book Value
$6.56 per share

Miscellaneous

Free Float
78,741,000
Market Cap
$235.11 million
Optionable
Not Optionable
Beta
0.01
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Key Executives

  • Mr. Bin Zhao (Age 53)
    Co-Founder, CEO & Chairman
  • Mr. Tony Wang
    Co-Founder & Chief Revenue Officer
  • Mr. Jingbo Wang (Age 42)
    Chief Financial Officer
  • Mr. Sheng Zhong (Age 57)
    Chief Scientist, CTO & Director
  • Andrew Thompson
    Vice President of Sales
  • Ms. Carrie Brandt
    Senior Director of People
  • Mr. Roger Hale (Age 55)
    Chief Security Officer

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 shares have decreased by 5.3% and is now trading at $2.49.
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 Wednesday, May, 22nd. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by $0.01. The company had revenue of $33.02 million for the quarter, compared to the consensus estimate of $32.93 million. Agora had a negative net margin of 57.83% and a negative trailing twelve-month return on equity of 13.09%.

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.

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 Allspring Global Investments Holdings LLC (2.98%), Baader Bank Aktiengesellschaft (0.87%) and Concourse Financial Group Securities 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 Intel (INTC), RTX (RTX), Alibaba Group (BABA), Pfizer (PFE), Broadcom (AVGO) and Cisco Systems (CSCO).

This page (NASDAQ:API) was last updated on 7/26/2024 by MarketBeat.com Staff

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