Agora, Inc. (API)

NASDAQ: API · IEX Real-Time Price · USD
3.84
+0.60 (18.52%)
At close: Dec 9, 2022 4:00 PM
3.81
-0.03 (-0.78%)
After-hours: Dec 9, 2022 7:59 PM EST
18.52%
Market Cap 375.52M
Revenue (ttm) 160.94M
Net Income (ttm) -106.50M
Shares Out 448.55M
EPS (ttm) -0.76
PE Ratio n/a
Forward PE 416.67
Dividend n/a
Ex-Dividend Date n/a
Volume 7,078,231
Open 3.43
Previous Close 3.24
Day's Range 3.23 - 3.85
52-Week Range 2.5 - 18.85
Beta 0.09
Analysts Buy
Price Target 5.93 (+54.4%)
Earnings Date Nov 21, 2022

About API

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 lau... [Read more]

Industry Electronic Equipment, Instruments & Components
IPO Date Jun 26, 2020
Employees 1,311
Stock Exchange NASDAQ
Ticker Symbol API
Full Company Profile

Financial Performance

In 2021, Agora's revenue was $167.98 million, an increase of 25.77% compared to the previous year's $133.56 million. Losses were -$72.36 million, 2,222.8% more than in 2020.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for API stock is "Buy." The 12-month stock price forecast is 5.93, which is an increase of 54.43% from the latest price.

Price Target
$5.93
(54.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

NEW YORK , Dec. 5, 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 Robert S.

4 days ago - PRNewsWire

Why Agora Plunged Over 20% Today

The Chinese enterprise software firm saw results come in below consensus in an uncertain Chinese economy.

2 weeks ago - The Motley Fool

Agora, Inc. Reports Third Quarter 2022 Financial Results

SANTA CLARA, Calif., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its unaudited financial results ...

2 weeks ago - GlobeNewsWire

Agora, Inc. to Report Third Quarter 2022 Financial Results on November 21, 2022

SANTA CLARA, Calif., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, will release its financial results for the third...

1 month ago - GlobeNewsWire

Agora Introduces New Agora Chat SDK For Developers

Drive increased user engagement and retention, using Agora's new Chat SDK to rapidly integrate real-time in-app chat capabilities into your applications.  SANTA CLARA, Calif.

1 month ago - PRNewsWire

SURVEY: Gen Z Wants More Apps to Include Interactive Live Video

YouTube, TikTok, Facebook, and Instagram are leading the pack but Gen Z still believes interactive live video is underused SANTA CLARA, Calif. , Sept. 28, 2022 /PRNewswire/ --  Agora, Inc.  (NASDAQ: API...

2 months ago - PRNewsWire

SURVEY: Gen Z Wants Brands to Deliver More Interactive Live Video Experiences

Spotty internet and video quality are the top challenges for these experiences, according to a new study from Agora SANTA CLARA, Calif. , Sept. 23, 2022 /PRNewswire/ -- Agora, Inc.  (NASDAQ: API), a pio...

2 months ago - PRNewsWire

SURVEY: Almost 80% of Gen Z Consumers Will Pay to Experience Spatial Audio

Agora's new report also found that 60% prefer to use a service with spatial audio in the Metaverse SANTA CLARA, Calif. , Sept. 21, 2022 /PRNewswire/ -- Agora, Inc.  (NASDAQ: API), a pioneer and leading ...

2 months ago - PRNewsWire

Agora Announces Speaker Lineup for Annual RTE2022 Conference

Execs from Meta, ByteDance, Spotify, Bose, Sony, LinkedIn, PwC, and more will participate in sessions focusing on the Metaverse, and other top real-time engagement trends SANTA CLARA, Calif. , Sept. 16,...

2 months ago - PRNewsWire

Startup Battleground Submissions Are Open for Agora's RTE2022 Conference

Early-stage startups are encouraged to submit their real-time engagement innovations for a chance to win cash prizes at Agora's annual event SANTA CLARA, Calif. , Sept. 7, 2022 /PRNewswire/ -- Agora, In...

3 months ago - PRNewsWire

Agora, Inc. Announces Appointment of Chief Technology Officer

SANTA CLARA, Calif., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced the appointment of Mr. Sheng (S...

3 months ago - GlobeNewsWire

Agora, Inc. Announces Management Share Purchase Plan

SANTA CLARA, Calif., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced that Mr. Tony Zhao, founder, ch...

3 months ago - GlobeNewsWire

Agora, Inc. Reports Second Quarter 2022 Financial Results

SANTA CLARA, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its unaudited financial results ...

3 months ago - GlobeNewsWire

Can Agora, Inc. Sponsored ADR (API) Climb 228% to Reach the Level Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 228.1% in Agora, Inc. Sponsored ADR (API). While the effectiveness of this highly sought-after metric is question...

3 months ago - Zacks Investment Research

Agora, Inc. to Report Second Quarter 2022 Financial Results on August 15, 2022

SANTA CLARA, Calif., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, will release its financial results for the secon...

4 months ago - GlobeNewsWire

The 7 Best Chinese Stocks to Buy Now

Chinese stocks might be risky bets, but there's a flipside to that. Theoretically speaking, emerging market economies such as China grow at a much faster pace than developed nations until they reach mat...

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4 months ago - InvestorPlace

2 Net Current Asset Value Stocks to Consider

There are some investors who buy U.S.-listed stocks that are trading below their liquidation value because they believe there is a lot to gain in these stocks after the market reprices shares to near or...

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4 months ago - GuruFocus

Why I Remain Bullish on the Energy Sector

Let's take a look at some of the current concerns for the energy market, and why I still think it is a great place to invest right now. The post Why I Remain Bullish on the Energy Sector appeared first ...

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5 months ago - InvestorPlace

Agora, Inc. Deepens Leadership Bench Amid Record Company Growth

Agora announces the promotion of three senior executives and the addition of a new Chief Security Officer as the metaverse spurs RTE demand globally SANTA CLARA, Calif. , May 24, 2022 /PRNewswire/ -- Ag...

6 months ago - PRNewsWire

Agora, Inc. Reports First Quarter 2022 Financial Results

SANTA CLARA, Calif., May 23, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the fir...

6 months ago - GlobeNewsWire

Agora Announces RTE2022 Virtual Conference

Global Event Curated to Provide Insights on Live Interactive Video, Voice and Streaming Innovation SANATA CLARA, Calif., May 18, 2022 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading pla...

6 months ago - PRNewsWire

Agora, Inc. to Report First Quarter 2022 Financial Results on May 23, 2022

SANTA CLARA, Calif., May 13, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, will release its financial results for the first ...

6 months ago - GlobeNewsWire

Agora To Showcase The Power of Real-Time-Engagement at the NAB Show This Year

Agora will attend NAB and demonstrate work with Encore, an interactive, live music and concert platform at a presentation today April 25 th SANTA CLARA, Calif. , April 25, 2022 /PRNewswire/ --  Agora, I...

7 months ago - PRNewsWire

Agora to Showcase Live Audio and Video Technology For Gaming at Gamer Developer Conference 2022

Agora will demonstrate how real-time engagement technology increases interactivity and will power the metaverse   SANTA CLARA, Calif. , March 21, 2022 /PRNewswire/ --  Agora, Inc. (NASDAQ: API), a pione...

8 months ago - PRNewsWire

Agora to Showcase Real-Time Future of Work at MWC's Four Years From Now Event in Barcelona

The leading voice, video and live broadcasting platform will feature its high-definition, ultra-low latency real-time engagement solutions The leading voice, video and live broadcasting platform will fe...

9 months ago - GlobeNewsWire