(API) Agora - Overview
Stock: Video, Voice, Streaming, Chat, Whiteboard
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 79.2% |
| Relative Tail Risk | -23.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.36 |
| Alpha | -38.98 |
| Character TTM | |
|---|---|
| Beta | 0.793 |
| Beta Downside | 1.098 |
| Drawdowns 3y | |
|---|---|
| Max DD | 60.75% |
| CAGR/Max DD | 0.04 |
Description: API Agora December 29, 2025
Agora, Inc. (NASDAQ:API) operates a real-time engagement platform-as-a-service that powers video, voice, live streaming, chat, interactive whiteboards, and conversational AI across the United States, China, and other markets. Its cloud infrastructure supports concurrent users and offers extensible modules such as analytics, AI-driven noise suppression, 3D spatial audio, transcription, and a marketplace for third-party solutions. The firm also delivers low-code (flexible classroom) and no-code (app builder) application platforms targeted at education providers and broader enterprise customers, and it markets its services under the Agora and Shengwang brands.
Key recent metrics (as of FY 2023) include revenue of roughly $410 million, a year-over-year growth rate of 44 %, and an adjusted EBITDA margin of about 22 %, reflecting strong scaling of its subscription-based model. The global CPaaS (Communications Platform as a Service) market is projected to expand at a CAGR of ~20 % through 2029, driven by sustained remote-work adoption, the rise of hybrid learning, and increasing integration of AI-enhanced communication tools. Competitive pressure from firms such as Twilio, Zoom Video Communications, and Microsoft Teams underscores the importance of Agora’s differentiated 3D spatial audio and AI noise-cancellation capabilities, which it recently bolstered through a partnership with Nvidia’s AI-accelerated SDKs.
For a deeper quantitative assessment, you may find ValueRay’s analyst notes on API useful.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 4.77m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA 4.15 > 1.0 |
| NWC/Revenue: 118.0% < 20% (prev 225.7%; Δ -107.7% < -1%) |
| CFO/TA 0.03 > 3% & CFO 22.5m > Net Income 4.77m |
| Net Debt (-3.72m) to EBITDA (7.09m): -0.52 < 3 |
| Current Ratio: 4.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (98.8m) vs 12m ago 5.96% < -2% |
| Gross Margin: 66.82% > 18% (prev 0.63%; Δ 6619 % > 0.5%) |
| Asset Turnover: 19.61% > 50% (prev 19.49%; Δ 0.11% > 0%) |
| Interest Coverage Ratio: -10.19 > 6 (EBITDA TTM 7.09m / Interest Expense TTM 24.0k) |
Altman Z'' -4.33
| A: 0.23 (Total Current Assets 210.7m - Total Current Liabilities 48.6m) / Total Assets 710.1m |
| B: -0.68 (Retained Earnings -482.0m / Total Assets 710.1m) |
| C: -0.00 (EBIT TTM -244.7k / Avg Total Assets 700.8m) |
| D: -3.44 (Book Value of Equity -492.9m / Total Liabilities 143.5m) |
| Altman-Z'' Score: -4.33 = D |
Beneish M -3.13
| DSRI: 0.64 (Receivables 25.0m/38.5m, Revenue 137.4m/134.8m) |
| GMI: 0.95 (GM 66.82% / 63.15%) |
| AQI: 1.44 (AQ_t 0.59 / AQ_t-1 0.41) |
| SGI: 1.02 (Revenue 137.4m / 134.8m) |
| TATA: -0.02 (NI 4.77m - CFO 22.5m) / TA 710.1m) |
| Beneish M-Score: -3.13 (Cap -4..+1) = AA |
What is the price of API shares?
Over the past week, the price has changed by +3.12%, over one month by +6.97%, over three months by +23.92% and over the past year by -29.97%.
Is API a buy, sell or hold?
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the API price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 5.9 | 36% |
| Analysts Target Price | 5.9 | 36% |
| ValueRay Target Price | 4.6 | 7.7% |
API Fundamental Data Overview February 04, 2026
P/E Forward = 416.6667
P/S = 2.8072
P/B = 0.661
Revenue TTM = 137.4m USD
EBIT TTM = -244.7k USD
EBITDA TTM = 7.09m USD
Long Term Debt = 73.7m USD (from longTermDebt, last quarter)
Short Term Debt = 1.84m USD (from shortTermDebt, last quarter)
Debt = 76.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -3.72m USD (from netDebt column, last quarter)
Enterprise Value = 291.7m USD (385.6m + Debt 76.3m - CCE 170.1m)
Interest Coverage Ratio = -10.19 (Ebit TTM -244.7k / Interest Expense TTM 24.0k)
EV/FCF = -15.80x (Enterprise Value 291.7m / FCF TTM -18.5m)
FCF Yield = -6.33% (FCF TTM -18.5m / Enterprise Value 291.7m)
FCF Margin = -13.44% (FCF TTM -18.5m / Revenue TTM 137.4m)
Net Margin = 3.47% (Net Income TTM 4.77m / Revenue TTM 137.4m)
Gross Margin = 66.82% ((Revenue TTM 137.4m - Cost of Revenue TTM 45.6m) / Revenue TTM)
Gross Margin QoQ = 65.96% (prev 66.76%)
Tobins Q-Ratio = 0.41 (Enterprise Value 291.7m / Total Assets 710.1m)
Interest Expense / Debt = 0.02% (Interest Expense 16.0k / Debt 76.3m)
Taxrate = 3.76% (107.1k / 2.85m)
NOPAT = -235.5k (EBIT -244.7k * (1 - 3.76%)) [loss with tax shield]
Current Ratio = 4.34 (Total Current Assets 210.7m / Total Current Liabilities 48.6m)
Debt / Equity = 0.13 (Debt 76.3m / totalStockholderEquity, last quarter 566.6m)
Debt / EBITDA = -0.52 (Net Debt -3.72m / EBITDA 7.09m)
Debt / FCF = 0.20 (negative FCF - burning cash) (Net Debt -3.72m / FCF TTM -18.5m)
Total Stockholder Equity = 569.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.68% (Net Income 4.77m / Total Assets 710.1m)
RoE = 0.84% (Net Income TTM 4.77m / Total Stockholder Equity 569.4m)
RoCE = -0.04% (EBIT -244.7k / Capital Employed (Equity 569.4m + L.T.Debt 73.7m))
RoIC = -0.04% (negative operating profit) (NOPAT -235.5k / Invested Capital 629.0m)
WACC = 7.38% (E(385.6m)/V(461.8m) * Re(8.84%) + D(76.3m)/V(461.8m) * Rd(0.02%) * (1-Tc(0.04)))
Discount Rate = 8.84% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 2.13%
Fair Price DCF = unknown (Cash Flow -18.5m)
EPS Correlation: 34.43 | EPS CAGR: 9.26% | SUE: 0.18 | # QB: 0
Revenue Correlation: -78.46 | Revenue CAGR: -3.44% | SUE: 1.97 | # QB: 1
EPS next Year (2026-12-31): EPS=0.17 | Chg30d=+0.065 | Revisions Net=+1 | Growth EPS=+116.0% | Growth Revenue=+13.1%