Duolingo stock plunges despite a blowout quarter -- what gives?Shares of Duolingo (DUOL -17.85%) took a dive like a wounded green owl on Thursday. The language-learning expert posted strong first-quarter results on Wednesday evening, but some investors wanted a stronger user-growth story, and others simply cashed in some paper profits.The stock fell as much as 21.4% just after the opening bell today, firming up at a 17% price drop around 2 p.m. ET.Duolingo's blowout resultsIn the first quarter of 2024, Duol ...

Duolingo, the popular language learning app, is facing its slowest rate of subscriber additions since 2022, which has put the company at risk of falling from its high ranking in the Obsidian League.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Despite surpassing market expectations in daily average use for the quarter ending in March, the app’s shares plummeted by 12% overnight, underscoring investor concerns about its growth trajectory. Duolingo ha ...

Luis von Ahn Yes, it's hard to say what the ultimate mix is going to be because it will depend in part where we settle on what features are going to be in which plan. So it's very hard to say because we have not settled on that. I mean, right now we're still experimenting which features are going to be in which plan. So I think we're going to have more to say. You probably know the answer to this question in the next few quarters. But at the moment, it's very hard to say. Bryan Smilek Great, thank you. That ...

For the quarter ended March 2024, Duolingo, Inc. (DUOL) reported revenue of $167.55 million, up 44.9% over the same period last year. EPS came in at $0.57, compared to -$0.06 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $165.02 million, representing a surprise of +1.53%. The company delivered an EPS surprise of +90.00%, with the consensus EPS estimate being $0.30.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Duolingo, Inc. (DUOL) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 90%. A quarter ago, it was expected that this company would post earnings of $0.21 per share when it actually produced earnings of $0.26, delivering a surprise of 23.81%.Over the last four quarters, the company has surp ...

Duolingo, Inc. (DUOL) closed the latest trading day at $216.38, indicating a -1.88% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.02% for the day. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq increased by 0.1%.Coming into today, shares of the company had lost 1.3% in the past month. In that same time, the Business Services sector lost 5.08%, while the S&P 500 lost 3.01%.Investors will be eagerly watching ...

Duolingo, Inc. (DUOL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned -1.3%, compared to the Zacks S&P 500 composite's -3% change. During this period, the Zacks Technology Services industry, which Duolingo falls in, has lost 7.9%. The key question now is: What could be the stock's future direction?Although m ...

Key PointsDuolingo is a freemium language learning platform that provides kids and adults free access to over 40 languages.Duolingo grew revenues 45% YoY, crushed consensus analyst estimates by over 6X in Q4 2023, and raised its full-year 2024 guidance.Monthly active users (MAUs) rose 46.5% to 88.4 million in the quarter.5 stocks we like better than DuolingoDuolingo Inc. NYSE: DUOL offers a freemium language learning platform that's taken the world by storm. It uses an incredibly simple, animated and gamifi ...

The language-learning app is moving into a prominent index.Shares of language-learning app Duolingo (DUOL 6.97%) popped on Thursday after the stock was added to the S&P MidCap 400 index. As of 10 a.m. ET, Duolingo stock was up 6% but it had been up as much as 12% in earlier trading.Should investors actually care about this?Investors should concern themselves with news regarding Duolingo's business. By contrast, this news has more to do with the stock. Duolingo stock will officially be a member of the S&P Mi ...

Duolingo Inc (NASDAQ:DUOL) stock is surging today, after news that the mobile learning platform will join the S&P MidCap 400 Index, effective April 22. At last glance, DUOL was up 7.2% at $208.64, earlier as high as $217.79. The 20-day moving average seems to be keeping today's gains in check, though the stock is above a host of long-term moving averages, including the 120-day trendline. Today's bounce could've already been in the cards, per Duolingo stock's 14-day relative strength index (RSI) of 26, which ...