Agora, Inc. (API)

NASDAQ: API · IEX Real-Time Price · USD
2.500
+0.010 (0.40%)
At close: Apr 25, 2024, 4:00 PM
2.510
+0.010 (0.40%)
Pre-market: Apr 26, 2024, 4:00 AM EDT
0.40%
Market Cap 243.88M
Revenue (ttm) 141.54M
Net Income (ttm) -87.22M
Shares Out 97.55M
EPS (ttm) -0.88
PE Ratio n/a
Forward PE 416.67
Dividend n/a
Ex-Dividend Date n/a
Volume 69,163
Open 2.470
Previous Close 2.490
Day's Range 2.470 - 2.540
52-Week Range 2.315 - 3.525
Beta 0.07
Analysts Hold
Price Target 3.20 (+28.0%)
Earnings Date May 28, 2024

About API

Agora, Inc. operates in real-time engagement technology business. It operates through two businesses, Agora and Shengwang. 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 operates in the People's Republic of China, the United States, and internationally. The company was incorporated in 2013 and is headquartered in Santa Clar... [Read more]

Sector Technology
IPO Date Jun 26, 2020
Employees 1,001
Stock Exchange NASDAQ
Ticker Symbol API
Full Company Profile

Financial Performance

In 2023, Agora's revenue was $141.54 million, a decrease of -11.91% compared to the previous year's $160.67 million. Losses were -$87.22 million, -27.55% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for API stock is "Hold" and the 12-month stock price forecast is $3.2.

Price Target
$3.2
(28.00% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Agora Partners with EZDRM To Bring Content Protection To Live Broadcasting

The partnership expands Agora's focus on media and entertainment with digital rights management (DRM) solutions that safeguard live content SANTA CLARA, Calif. , April 11, 2024 /PRNewswire/ -- Agora, ...

15 days ago - PRNewsWire

Agora, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results

SANTA CLARA, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial resul...

2 months ago - GlobeNewsWire

Agora, Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 26, 2024

SANTA CLARA, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the fourth quarter and...

2 months ago - GlobeNewsWire

Agora, Inc. Announces Executive Leadership Update

SANTA CLARA, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced a change in its executive lea...

5 months ago - GlobeNewsWire

Agora, Inc. Reports Third Quarter 2023 Financial Results

SANTA CLARA, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial resul...

5 months ago - GlobeNewsWire

Agora Announces RTE Telehealth, A Webinar Exploring the Impact of AI and AR/VR in Virtual Healthcare

The dual session will explore how emerging technologies can improve patient interaction and healthcare delivery in telehealth SANTA CLARA, Calif. , Nov. 13, 2023 /PRNewswire/ --  Agora, Inc. (NASDAQ: ...

5 months ago - PRNewsWire

Agora, Inc. to Report Third Quarter 2023 Financial Results on November 21, 2023

SANTA CLARA, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the third quarter ende...

6 months ago - GlobeNewsWire

Agora Makes Livestream Shopping Technology Widely Available

Agora's live commerce capabilities help retail brands and platforms like CommentSold interact with customers in new ways SANTA CLARA, Calif. , Oct. 25, 2023 /PRNewswire/ --  Agora, Inc.  (NASDAQ: API)...

6 months ago - PRNewsWire

Harnessing the Power of Live Shopping: Agora Announces Comprehensive Four-Part Webinar Series

Over four consecutive weeks in September and October, the series will delve into live shopping, equipping brands and platforms with transformative insights for real-time customer engagement. SANTA CLA...

8 months ago - PRNewsWire

Agora, Inc. Reports Second Quarter 2023 Financial Results

SANTA CLARA, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial resul...

8 months ago - GlobeNewsWire

Agora, Inc. to Report Second Quarter 2023 Financial Results on August 21, 2023

SANTA CLARA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the second quarter end...

9 months ago - GlobeNewsWire

Agora Partners with ActiveFence for Content Moderation to Ensure Trust and Safety for Real-Time Engagement Apps

ActiveFence's integration via Agora's Extensions Marketplace enables developers to easily add real-time audio and video content moderation to any application. SANTA CLARA, Calif.

10 months ago - PRNewsWire

Agora's Flexible Classroom Wins EdTech Breakthrough Award

Agora won "Classroom Technology Innovation of the Year" for its low-code solution designed to scale functionality and engagement for online classrooms, joining Samsung, Lenovo, and other honorees. SAN...

11 months ago - PRNewsWire

Agora, Inc. Reports First Quarter 2023 Financial Results

SANTA CLARA, Calif., May 30, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial result...

11 months ago - GlobeNewsWire

Agora, Inc. to Report First Quarter 2023 Financial Results on May 30, 2023

SANTA CLARA, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the first quarter ended...

1 year ago - GlobeNewsWire

Agora's Real-Time Engagement API Powers Live Shopping Experience for UK-based LiveSell in Partnership with Arena Flowers

Agora's API provides retailers with the opportunity to engage with new customers across all digital channels Agora's API provides retailers with the opportunity to engage with new customers across all...

1 year ago - GlobeNewsWire

Agora's Real-Time Engagement Platform Sees Rapid Growth with 400 New Customers in 2022

Last year's growth showcases greater demand for real-time, interactive, live video and audio Last year's growth showcases greater demand for real-time, interactive, live video and audio

1 year ago - GlobeNewsWire

Agora, Inc. Reports Fourth Quarter and Fiscal Year 2022 Financial Results

SANTA CLARA, Calif., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its unaudited financial result...

1 year ago - GlobeNewsWire

Agora Launches AI Noise Suppression

Agora's AI Noise Suppression removes unwanted noise and echoes from calls, allowing users to stream, chat or call anywhere Agora's AI Noise Suppression removes unwanted noise and echoes from calls, al...

1 year ago - GlobeNewsWire

Agora Launches 3D Spatial Audio

Agora's 3D Spatial Audio solution is easy for developers to integrate into video, voice and streaming products and delivers a more natural audio experience Agora's 3D Spatial Audio solution is easy fo...

1 year ago - GlobeNewsWire

Agora, Inc. to Report Fourth Quarter 2022 Financial Results on February 27, 2023

SANTA CLARA, Calif., Feb. 19, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, will release its financial results for the fou...

1 year ago - GlobeNewsWire

Agora, Inc. Announces Changes to Board of Directors

SANTA CLARA, Calif., Dec. 30, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced a change in its board of direc...

1 year ago - GlobeNewsWire

Agora's Vanessa Mullin Featured in Top 100 Women of the Future

Vanessa represents Agora in the Metaverse Standards Forum, ensuring the Metaverse is built to be open and widely accessible for all Vanessa represents Agora in the Metaverse Standards Forum, ensuring ...

1 year ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Agora, Inc. - API

NEW YORK , Dec. 13, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Agora, Inc. ("Agora" or the "Company") (NASDAQ: API).  Such investors are advised to contact Ro...

1 year ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Agora, Inc. - API

New York, New York--(Newsfile Corp. - December 10, 2022) - Pomerantz LLP is investigating claims on behalf of investors of Agora, Inc. ("Agora" or the "Company") (NASDAQ: API). Such investors are advi...

1 year ago - Newsfile Corp