Is Agora (API) Stock Outpacing Its Business Services Peers This Year?

Group 1: Company Overview - Agora, Inc. Sponsored ADR (API) is part of the Business Services group, which consists of 292 companies and ranks 8 in the Zacks Sector Rank [2] - The Zacks Rank system focuses on earnings estimates and revisions, with Agora currently holding a Zacks Rank of 2 (Buy) [3] Group 2: Performance Metrics - The Zacks Consensus Estimate for API's full-year earnings has increased by 600% in the past quarter, indicating improved analyst sentiment [4] - Year-to-date, API has returned 25.7%, outperforming the average gain of 25.6% for the Business Services group [4] - In the Technology Services industry, which includes 156 stocks, API has slightly underperformed with year-to-date returns compared to the industry average gain of 62.4% [6] Group 3: Comparative Analysis - Another stock in the Business Services sector, Arbe Robotics Ltd. (ARBE), has outperformed with a year-to-date return of 44.1% and a Zacks Rank of 2 (Buy) [5] - Both Agora, Inc. and Arbe Robotics are expected to maintain solid performance moving forward [7]