Wall Street Zen Upgrades Agora (NASDAQ:API) to “Buy”

Agora (NASDAQ:API) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Friday.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Agora in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Agora presently has a consensus rating of “Hold” and an average price target of $6.00.

Agora Stock Up 2.0%

Shares of NASDAQ:API opened at $3.61 on Friday. The company’s fifty day moving average is $3.61 and its 200-day moving average is $3.69. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.34 and a current ratio of 4.34. Agora has a 52 week low of $2.53 and a 52 week high of $6.99. The company has a market capitalization of $336.92 million, a PE ratio of 90.27, a P/E/G ratio of 1.84 and a beta of 0.55.

Agora (NASDAQ:API) last announced its quarterly earnings results on Wednesday, November 19th. The company reported $0.03 earnings per share (EPS) for the quarter. The firm had revenue of $35.37 million during the quarter. Agora had a net margin of 3.47% and a return on equity of 0.84%. Agora has set its Q4 2025 guidance at EPS. Equities research analysts predict that Agora will post -0.4 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Quantbot Technologies LP bought a new position in Agora in the 1st quarter valued at $51,000. New York State Common Retirement Fund acquired a new position in shares of Agora during the third quarter valued at $58,000. Russell Investments Group Ltd. acquired a new stake in Agora in the first quarter worth about $69,000. Hsbc Holdings PLC acquired a new stake in Agora in the first quarter worth about $100,000. Finally, XTX Topco Ltd raised its holdings in Agora by 49.6% during the 1st quarter. XTX Topco Ltd now owns 26,330 shares of the company’s stock worth $106,000 after purchasing an additional 8,731 shares during the last quarter. Institutional investors and hedge funds own 40.40% of the company’s stock.

Agora Company Profile

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.