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Agora, Inc.NasdaqGS:API Stock Report

Market Cap US$346.7m
Share Price
US$4.10
US$5
18.0% undervalued intrinsic discount
1Y14.5%
7D12.6%
1D
Portfolio Value
View

Agora, Inc.

NasdaqGS:API Stock Report

Market Cap: US$346.7m

Agora (API) Stock Overview

Through its subsidiaries, engages in the operation of a real-time engagement platform-as-a-service in the United States, the People’s Republic of China, and internationally. More details

API fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance3/6
Financial Health3/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for API from our risk checks.

API Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Agora, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Agora
Historical stock prices
Current Share PriceUS$4.10
52 Week HighUS$5.15
52 Week LowUS$3.14
Beta0.73
1 Month Change9.33%
3 Month Change-12.39%
1 Year Change14.53%
3 Year Change37.12%
5 Year Change-90.56%
Change since IPO-91.88%

Recent News & Updates

Seeking Alpha May 29

Agora: A Distressed Valuation With A Buyout Setup

Summary Agora, Inc. maintains a strong buy rating as double-digit revenue growth persists despite a distressed 0.58x EV/Sales multiple. Recent disclosure changes and a shift to short-term cash deposits hint at potential management buyout dynamics, warranting close attention. Gross margin contraction to 63.4% reflects API's early-stage investments in conversational AI, with scaling partnerships expected to aid future margin recovery. Strategic API risks from AI giants building their own infrastructure exist, but current fundamentals and cash reserves argue against a structural downtrend. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha May 29

Agora: A Distressed Valuation With A Buyout Setup

Summary Agora, Inc. maintains a strong buy rating as double-digit revenue growth persists despite a distressed 0.58x EV/Sales multiple. Recent disclosure changes and a shift to short-term cash deposits hint at potential management buyout dynamics, warranting close attention. Gross margin contraction to 63.4% reflects API's early-stage investments in conversational AI, with scaling partnerships expected to aid future margin recovery. Strategic API risks from AI giants building their own infrastructure exist, but current fundamentals and cash reserves argue against a structural downtrend. Read the full article on Seeking Alpha
Narrative Update Feb 23

API: AI Collaboration Infrastructure Will Drive Further Upside Potential

Analysts have adjusted their price target on Agora to $6.70, reflecting updated assumptions for discount rate, revenue growth, profit margin, and future P/E. These revisions keep their fair value view broadly in line with prior estimates.
Narrative Update Feb 08

API: Buybacks And AI Collaboration Wins Will Support Further Upside

Analysts have nudged their price target on Agora slightly higher, now framing it around a fair value of US$6.70 as they factor in modestly improved assumptions on revenue growth, profit margin, and future P/E multiples. What's in the News Agnes AI has selected Agora Chat to power its new AI Group Chat and multi-agent collaboration system, using Agora's ultra low latency SDRTN messaging across multiple regions including Southeast Asia and Latin America (Client announcement).
Narrative Update Jan 24

API: Buybacks And AI Collaboration Wins Will Support Future Upside

Analysts have adjusted their price target on Agora to US$6.70, reflecting updated assumptions about the discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News Agnes AI selected Agora Chat to power its new AI Group Chat and multi-agent collaboration system, using Agora's ultra low latency SDRTN for real-time teamwork across multiple regions including Southeast Asia and Latin America (Client Announcements).
Narrative Update Jan 10

API: Buybacks And AI Client Wins Will Support Future Upside

Analysts have trimmed their price target on Agora to reflect an updated fair value of US$6.70. The change is tied to revised assumptions for revenue growth, profit margins, the discount rate and future P/E expectations.
Analysis Article Apr 08

Benign Growth For Agora, Inc. (NASDAQ:API) Underpins Stock's 41% Plummet

Agora, Inc. ( NASDAQ:API ) shares have had a horrible month, losing 41% after a relatively good period beforehand...
User avatar
New Narrative Mar 28

Generative AI And TEN Will Shape Future Markets

Generative AI presents a key opportunity for Agora, enhancing real-time engagement technology and potential revenue through voice-based AI interactions.
Analysis Article Feb 28

Earnings Update: Here's Why Analysts Just Lifted Their Agora, Inc. (NASDAQ:API) Price Target To US$6.05

It's shaping up to be a tough period for Agora, Inc. ( NASDAQ:API ), which a week ago released some disappointing...
Analysis Article Feb 22

Improved Revenues Required Before Agora, Inc. (NASDAQ:API) Stock's 35% Jump Looks Justified

The Agora, Inc. ( NASDAQ:API ) share price has done very well over the last month, posting an excellent gain of 35...
Analysis Article Jan 05

Benign Growth For Agora, Inc. (NASDAQ:API) Underpins Stock's 28% Plummet

The Agora, Inc. ( NASDAQ:API ) share price has softened a substantial 28% over the previous 30 days, handing back much...
Analysis Article Dec 26

Agora, Inc.'s (NASDAQ:API) Intrinsic Value Is Potentially 73% Above Its Share Price

Key Insights Agora's estimated fair value is US$7.55 based on 2 Stage Free Cash Flow to Equity Agora's US$4.36 share...
Analysis Article Nov 21

Agora, Inc.'s (NASDAQ:API) Shares Bounce 53% But Its Business Still Trails The Industry

Despite an already strong run, Agora, Inc. ( NASDAQ:API ) shares have been powering on, with a gain of 53% in the last...
Analysis Article Oct 07

Agora, Inc.'s (NASDAQ:API) Shares Bounce 148% But Its Business Still Trails The Industry

Agora, Inc. ( NASDAQ:API ) shares have had a really impressive month, gaining 148% after a shaky period beforehand. The...
Seeking Alpha Oct 02

Agora Fundamentals Remain Problematic Despite Stock Spike

Summary Agora stock spiked despite no news and poor 1H 2024 financial results. The company provides real-time internet APIs primarily in Asia, facing competition from Twilio, Vonage, Zoom, Microsoft, and Google. API's financials show declining revenue, negative operating income with no continued progress toward breakeven, and substantial free cash outflow. Agora's fundamental performance remains weak with net revenue churn. My outlook remains a Sell on API stock due to poor fundamentals. Read the full article on Seeking Alpha
Analysis Article Sep 27

Does Agora (NASDAQ:API) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 07

Revenues Working Against Agora, Inc.'s (NASDAQ:API) Share Price

Agora, Inc.'s ( NASDAQ:API ) price-to-sales (or "P/S") ratio of 1.5x might make it look like a strong buy right now...
Seeking Alpha Jul 27

Agora: Strong Balance Sheet And Reduced Cash Burn Provides Downside Protection

Summary Shares currently trade at a significant discount to the company’s net cash. The company’s international business shows solid growth, while its China business continues to struggle. Cash burn has continued to improve, but reaching profitability will depend on revenue growth accelerating in upcoming quarters. Read the full article on Seeking Alpha
Analysis Article May 08

Is Agora (NASDAQ:API) Using Debt In A Risky Way?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 28

Agora, Inc. (NASDAQ:API) Looks Inexpensive But Perhaps Not Attractive Enough

With a price-to-sales (or "P/S") ratio of 2.4x Agora, Inc. ( NASDAQ:API ) may be sending bullish signals at the moment...
Seeking Alpha Feb 28

News Wrap: Agora Posts First Non-GAAP Profit In More Than Three Years

Summary Agora, a real-time engagement technology provider, on Monday reported its first quarterly adjusted profit in more than three years. Agora’s revenue fell 10.2% year-on-year in the quarter to $36 million, moderating from a 14.6% revenue decline in the previous quarter. Under the company’s $200 million share repurchase program, Agora returned approximately $104.3 million to shareholders and reduced its share count by more than 18%. Read the full article on Seeking Alpha
Analysis Article Nov 09

We're Keeping An Eye On Agora's (NASDAQ:API) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jun 14

Agora, Inc.'s (NASDAQ:API) Share Price Is Matching Sentiment Around Its Revenues

You may think that with a price-to-sales (or "P/S") ratio of 2.2x Agora, Inc. ( NASDAQ:API ) is definitely a stock...
Analysis Article Apr 12

We're Keeping An Eye On Agora's (NASDAQ:API) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Mar 03

Agora, Inc. (NASDAQ:API) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

It's been a mediocre week for Agora, Inc. ( NASDAQ:API ) shareholders, with the stock dropping 15% to US$3.22 in the...
Analysis Article Feb 15

Estimating The Fair Value Of Agora, Inc. (NASDAQ:API)

Today we will run through one way of estimating the intrinsic value of Agora, Inc. ( NASDAQ:API ) by estimating the...
Analysis Article Nov 05

Will Agora (NASDAQ:API) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Seeking Alpha Sep 07

Agora announces management share purchase plan; appoints new Chief Technology Officer

Agora's (NASDAQ:API) founder, chairman and CEO Mr. Tony Zhao intends to use his personal funds to purchase up to an aggregate of $30M of the company’s ADSs or Class A ordinary shares for the next 12 months. The company has repurchased $19.8M of its ADSs as of June 30, 2022 under the previously announced $200M share repurchase program. Additionally the company announced the appointment of Sheng (Shawn) Zhong as its Chief Technology Officer, effective immediately. He has served as the company’s Chief Scientist since January 2018 and with his additional role as Chief Technology Officer will be responsible for managing the company’s global research and development organization and strengthening Agora’s technology leadership. Shares +1.3% premarket

Shareholder Returns

APIUS SoftwareUS Market
7D12.6%8.6%1.6%
1Y14.5%-0.9%28.5%

Return vs Industry: API exceeded the US Software industry which returned -0.7% over the past year.

Return vs Market: API underperformed the US Market which returned 28.6% over the past year.

Price Volatility

Is API's price volatile compared to industry and market?
API volatility
API Average Weekly Movement7.3%
Software Industry Average Movement9.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: API has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: API's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013543Tony Zhaowww.agora.io/en/

Agora, Inc., through its subsidiaries, engages in the operation of a real-time engagement platform-as-a-service in the United States, the People’s Republic of China, and internationally. Its RTE-PaaS platform enables real-time engagement for concurrent end users which offers real-time engagement offerings, such as video calling, voice calling, live streaming, chat, signaling, conversational AI engine, and convo AI device kit. The company also provides extensions, including analytics, media services, Interactive whiteboard, Real-time speech-to-text, and Real-time translation.

Agora, Inc. Fundamentals Summary

How do Agora's earnings and revenue compare to its market cap?
API fundamental statistics
Market capUS$346.65m
Earnings (TTM)US$10.23m
Revenue (TTM)US$145.53m
33.9x
P/E Ratio
2.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
API income statement (TTM)
RevenueUS$145.53m
Cost of RevenueUS$50.57m
Gross ProfitUS$94.96m
Other ExpensesUS$84.73m
EarningsUS$10.23m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin65.25%
Net Profit Margin7.03%
Debt/Equity Ratio16.4%

How did API perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 15:26
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Agora, Inc. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Boris VanBernstein
Huiqun LiBofA Global Research
Allen LiJ.P. Morgan