Investment Rating - The report maintains a "Recommend" rating for Agora (API NASDAQ) [2][6] Core Viewpoints - Agora has become a partner of OpenAI, providing low-latency capabilities for AI large model voice interaction through its integration with OpenAI's Realtime API [2][3] - The Realtime API enables AI to understand human emotions directly from voice inputs, bypassing the traditional speech-to-text and text-to-speech processes, which often lose emotional context and have higher latency [3] - Agora's Conversational AI SDK integrates OpenAI's Realtime API, offering developers low-latency, high-availability, and high-quality audio transmission services, along with features like echo cancellation and noise reduction [3] - The partnership highlights Agora's strong competitiveness in overseas markets, particularly in addressing network latency and last-mile network quality issues for AI voice interactions [4] Financial Projections - Revenue is projected to be $136 2 million in 2024 (yoy -3 8%), $147 7 million in 2025 (yoy +8 4%), and $165 9 million in 2026 (yoy +12 3%) [6] - Net income is expected to improve from -$32 6 million in 2024 to -$10 4 million in 2026, with Non-GAAP net income turning positive at $4 0 million in 2026 [6] - The price-to-sales (PS) ratio is forecasted to decline from 2 0 in 2024 to 1 6 in 2026, reflecting potential valuation improvements [8] Market Position and Competitive Landscape - Agora is positioned as a professional third-party RTC service provider, leveraging its Software-Defined Real-Time Network (SD-RTN) to offer low-latency, high-coverage, and high-availability services across 200+ countries and regions [4] - Compared to competitors like Twilio and LiveKit, Agora focuses on internet-based real-time audio communication, while Twilio primarily serves AI applications and telecom networks, and LiveKit offers open-source solutions requiring developer customization [4] Pricing and Usage - OpenAI charges $100 per 1 million audio input tokens and $200 per 1 million audio output tokens, translating to approximately $60 per 1,000 minutes for audio input and $240 per 1,000 minutes for audio output [4] - Agora charges $0 99 per 1,000 minutes, with no revenue sharing between Agora and OpenAI [4] - Due to the relatively high cost of Realtime API, its application is expected to be limited to high-value scenarios like customer service, education, and emotional companionship in the short term [4]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Agora, Inc. Sponsored ADR (API) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Agora, Inc. Sponsored ADR is one of 312 individual s ...

Core Insights - Agora's shares experienced a significant increase of over 97%, reaching $5.42, with trading volume surpassing 51.4 million shares [1] Product Announcement - The surge in Agora's stock price follows the official release of their aPaaS product, "Lingdong Meeting" [1] - "Lingdong Meeting" utilizes Real-Time Engagement (RTE) technology and generative AI capabilities to create a low-code video conferencing platform [1] - The product features a multi-cloud, multi-platform design and incorporates an SFU+MCU hybrid architecture, allowing for flexible deployment and scaling [1] - The primary focus of "Lingdong Meeting" is to meet clients' needs in meeting, collaboration, and scheduling [1]

Agora, Inc. Sponsored ADR (API) has been beaten down lately with too much selling pressure. While the stock has lost 24.4% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. Guide to Identifying Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum o ...

Agora, Inc. (NASDAQ:API) Q2 2024 Results Conference Call August 19, 2024 9:00 PM ET Company Participants Tony Zhao - Founder, Chairman and CEO Jingbo Wang - CFO Conference Call Participants Yang Liu - Morgan Stanley David Lee - Bank of America Securities Operator Good day, and thank you for standing by. Welcome to the Agora, Inc. Second Quarter 2024 Financial Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. The company's earnings results press rel ...

Agora, Inc. Reports First Quarter 2024 Financial Results SANTA CLARA, Calif., May 22, 2024 (GLOBE NEWSWIRE) – Agora, Inc. (NASDAQ: API) (the "Company"), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the first quarter ended March 31, 2024. "Despite a challenging operating environment, we continued to focus on enhancing the fundamental performance of our products, for example, launching our new Adaptive Video Optimization technology and improving ...

SANTA CLARA, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the "Company"), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the second quarter ended June 30, 2024. "I am glad to see both Agora and Shengwang delivered year-on-year revenue growth against a very challenging macro environment in this quarter, which was made possible through our relentless innovation to enable new use cases and to push the bar of quality and value ...

SANTA CLARA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the second quarter ended June 30, 2024 after the close of U.S. markets on August 19, 2024. Agora, Inc. will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9 p.m. Eastern Time on the same day. Details for the conference call are as follows: Event title: Agora, Inc. 2Q 2024 Financial Results The call ...

Investment Rating - The report maintains a "Buy" rating for Agora (API.NASDAQ) [1] Core Insights - In Q1 2024, Agora reported revenue of $33 million, a year-over-year decrease of 9.4% and a quarter-over-quarter decrease of 8.4%. The net loss was $9.46 million, with a Non-GAAP net loss of $4.8 million [1][2] - The decline in overall revenue is attributed to a decrease in domestic usage during the Spring Festival and regulatory pressures in the live streaming industry, while overseas revenue showed growth due to emerging market dynamics [2] - The company is focusing on expanding its real-time audio and video solutions, including adaptive video optimization technology and new applications in sports and AI [3] Financial Summary - Revenue projections for 2024-2026 are $142.5 million (0.7% growth), $162.5 million (14.0% growth), and $185.8 million (14.3% growth) respectively. Expected net losses are projected at $34.1 million, $33.5 million, and $31.3 million for the same periods [6][7] - Gross margin for Q1 2024 was 61.2%, down 1.4 percentage points year-over-year, primarily due to reduced customer usage [2] - The company has effectively managed costs, with R&D expenses at $18.14 million (54.9% of revenue), sales expenses at $6.81 million (20.6%), and management expenses at $8.38 million (25.4%) [2] Market Position and Future Outlook - Agora's overseas business is expected to grow rapidly in 2024, driven by new applications in live streaming e-commerce and AI [2] - The company has launched several solutions targeting real-time audio and video applications, enhancing user engagement and experience [3] - The report anticipates a recovery in growth trends from 2024 to 2026, supported by the expansion of real-time audio and video scenarios and global market strategies [3]