NASDAQ:API Agora - API Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Agora, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $3.62 +0.07 (+1.97%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$3.47▼$3.7450-Day Range$2.95▼$4.5852-Week Range$2.49▼$11.56Volume668,934 shsAverage Volume525,527 shsMarket CapitalizationN/AP/E RatioN/ADividend YieldN/APrice Target$9.48 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Agora MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside161.7% Upside$9.48 Price TargetShort InterestBearish2.87% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.47Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.37) to ($0.19) Per ShareSee Full Details Hide Full Details 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 3.5 Analyst's Opinion Consensus RatingAgora has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.48, Agora has a forecasted upside of 161.7% from its current price of $3.62.Amount of Analyst CoverageAgora has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.87% of the float of Agora has been sold short.Short Interest Ratio / Days to CoverAgora has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Agora has recently increased by 9.68%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAgora does not currently pay a dividend.Dividend GrowthAgora does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for API. Previous Next 2.5 News and Social Media Coverage News SentimentAgora has a news sentiment score of 0.47. 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 higher news sentiment than the 0.37 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Agora this week, compared to 1 article on an average week.Search InterestOnly 13 people have searched for API on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Agora insiders have not sold or bought any company stock.Percentage Held by Insiders14.60% 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 Institutions40.95% of the stock of Agora is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Agora are expected to grow in the coming year, from ($0.37) to ($0.19) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Agora is -3.35, 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. SectorThe P/E ratio of Agora is -3.35, 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 RatioAgora has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Agora (NASDAQ:API) StockAgora, 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.Read More Receive API Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Agora and its competitors with MarketBeat's FREE daily newsletter. Email Address API Stock News HeadlinesApril 1, 2023 | americanbankingnews.comShort Interest in Agora, Inc. (NASDAQ:API) Grows By 9.7%March 28, 2023 | finance.yahoo.comIs Agora (NASDAQ:API) In A Good Position To Invest In Growth?April 2, 2023 | Vantage Point (Ad)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). March 16, 2023 | finance.yahoo.comAgora's Real-Time Engagement Platform Sees Rapid Growth with 400 New Customers in 2022March 1, 2023 | finance.yahoo.comAgora Full Year 2022 Earnings: EPS Misses ExpectationsFebruary 27, 2023 | finance.yahoo.comAgora, Inc. Reports Fourth Quarter and Fiscal Year 2022 Financial ResultsFebruary 23, 2023 | finance.yahoo.comAgora Launches 3D Spatial AudioFebruary 23, 2023 | finance.yahoo.comAgora Launches AI Noise SuppressionApril 2, 2023 | Vantage Point (Ad)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). February 19, 2023 | finance.yahoo.comAgora, Inc. to Report Fourth Quarter 2022 Financial Results on February 27, 2023January 19, 2023 | finance.yahoo.comAre Business Services Stocks Lagging Agora (API) This Year?December 25, 2022 | finance.yahoo.comAgora, Inc. (NASDAQ:API) Q3 2022 Earnings Call TranscriptDecember 15, 2022 | finance.yahoo.comAgora’s Vanessa Mullin Featured in Top 100 Women of the FutureDecember 15, 2022 | finance.yahoo.comAgora to Sell Customer Engagement Cloud BusinessNovember 25, 2022 | finance.yahoo.comAgora, Inc. (NASDAQ:API) Analysts Are Pretty Bullish On The Stock After Recent ResultsNovember 21, 2022 | finance.yahoo.comAgora, Inc. Reports Third Quarter 2022 Financial ResultsNovember 7, 2022 | finance.yahoo.comAgora, Inc. to Report Third Quarter 2022 Financial Results on November 21, 2022October 24, 2022 | finance.yahoo.comFollowing a 88% decline over last year, recent gains may please Agora, Inc. (NASDAQ:API) institutional ownersOctober 19, 2022 | bizjournals.comAgora Theatre redevelopment wins Pace Equity financing - Cleveland Business Journal - The Business JournalsOctober 12, 2022 | finance.yahoo.comAgora Introduces New Agora Chat SDK For DevelopersOctober 5, 2022 | benzinga.comTalent Protocol supports the next generation of builders through the acquisition of Agora Labs - BenzingaSeptember 21, 2022 | finance.yahoo.comSURVEY: Almost 80% of Gen Z Consumers Will Pay to Experience Spatial AudioSeptember 20, 2022 | benzinga.comAgora Data Secures $100M Credit Facility from Credit Suisse - BenzingaSeptember 20, 2022 | finance.yahoo.comAgora Data Secures $100M Credit Facility from Credit Suisse - Yahoo FinanceSeptember 19, 2022 | seekingalpha.comHUMBL terminates pact to acquire Agora Digital Holdings - Seeking AlphaSeptember 16, 2022 | globenewswire.comHUMBL Terminates Agreement to Acquire Agora Digital Holdings, Inc. - GlobeNewswireSeptember 14, 2022 | techcrunch.comConstruction tech startup Kojo rebrands, expands and lands $39M - TechCrunchSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive API Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Agora and its competitors with MarketBeat's FREE daily newsletter. Email Address API Company Calendar Last Earnings11/15/2021Today4/02/2023Next Earnings (Estimated)5/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:API CUSIPN/A CIK1802883 Webwww.agora.io Phone86-40-0632-6626FaxN/AEmployees1,311Year FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.08) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-120,380,000.00 Net Margins-74.92% Pretax Margin-74.66% Return on Equity-15.34% Return on Assets-14.04% Debt Debt-to-Equity RatioN/A Current Ratio6.78 Quick Ratio8.27 Sales & Book Value Annual Sales$160.67 million Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$6.88 per share Price / Book0.53Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta-0.10 Key ExecutivesMr. Bin Zhao (Age 52)Co-Founder, CEO & Chairman Mr. Don E. SchultzPresMr. Tony WangCo-Founder & Chief Revenue OfficerMr. Jingbo Wang (Age 41)Chief Financial Officer Charles HeddenVP of OperationsMr. Sheng Zhong (Age 57)Chief Scientist & CTO Fionna ChenDirector of Investor RelationsTim GraySr. Mang. of Corp. CommunicationsMs. Heidi F. SchultzExec. VPMr. Ke Wei (Age 42)Chief Strategy Officer More ExecutivesKey CompetitorsInspired EntertainmentNASDAQ:INSEBakktNYSE:BKKTSkillsoftNASDAQ:SKILXperiNASDAQ:XPERShotSpotterNASDAQ:SSTIView All CompetitorsInstitutional OwnershipMorgan StanleyBought 42,408 shares on 2/15/2023Ownership: 0.000%Jane Street Group LLCBought 492,704 shares on 2/15/2023Ownership: 0.000%Millennium Management LLCSold 37,884 shares on 2/15/2023Ownership: 0.000%Toroso Investments LLCBought 22,516 shares on 2/15/2023Ownership: 0.000%Alpine Global Management LLCBought 22,591 shares on 2/14/2023Ownership: 0.000%View All Institutional Transactions 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? ETFs with the largest weight of Agora (NASDAQ:API) stock in their portfolio include ProShares Metaverse ETF (VERS), iShares MSCI China Small-Cap ETF (ECNS), Invesco Golden Dragon China ETF (PGJ) and Emerging Markets Internet & Ecommerce ETF (EMQQ) and 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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