Since its initial public offering (IPO) in 2021, the stock of the language-focused education platform Duolingo (NASDAQ: DUOL) has been on a rocky if generally positive path. Following an initial surge and a subsequent decline, below the initial price, Duolingo shares have spent much of the last three years either trading sideways or slowly gaining ground in the stock market. Despite Duolingo expanding its user base and spending throughout 2023, the platform’s profitability remained closely tied to U.S. cons ...

It's been a little more than 15 months since ChatGPT launched, and it's clear who the early winners of the AI revolution are.AI hardware stocks like Nvidia have been far and away the leaders in the new tech boom. Nvidia's GPUs are the core component required for running intense models like ChatGPT, and demand for them has been enormous, driving Nvidia's revenue up by more than 200% and its profits by an even greater multiple. Companies that partner with Nvidia to sell hardware have also emerged as winners. ...

Duolingo (DUOL 1.18%) is the world's most popular digital language education platform, and its stock was a top performer in 2023 with a 219% gain. The company routinely beat its own quarterly financial forecasts throughout the year, despite fears of elevated inflation and rising interest rates crimping consumer spending.Total revenue of $531.1 million in 2023 was up an impressive 43% from the previous year. That success came on the back of strong user growth and an acceleration in the number of users upgrad ...

Duolingo Inc (NASDAQ:DUOL) stock is 1.4% higher before the bell, after J.P. Morgan Securities initiated bullish coverage with an "overweight" rating and a $270 price target -- a 26.5% premium to Friday's close. The analyst in coverage expects "premium" revenue growth from the online language learning company, citing its 'freemium' model as a significant advantage. Following the earnings event, Duolingo stock made a run towards its Dec. 19 record high of $245.87. Since that test though, the shares fell more ...

Investors looking to exceed the returns of the S&P 500 and the Nasdaq 100 may want to start their search with hypergrowth tech stocks. The tech sector is filled with corporations that have outperform the stock market over many years. Some of those stocks have matured but others can keep going.While mega-cap stocks have proven track records, smaller tech companies can also tap into hypergrowth and reward long-term investors. If you’re looking for promising hypergrowth tech stocks, you may want to take a clos ...

Duolingo (DUOL -4.96%) stock has yet another winner in the artificial intelligence (AI) race. The educational app has enjoyed massive subscriber growth and become a more valuable tool as it expands beyond languages and leverages AI to improve the learning experience.However, amid its AI push, shares of Duolingo have surged more than 230% higher since the beginning of 2023. That performance may leave investors wondering how much potential there is for the stock to deliver further gains.The state of DuolingoD ...

Shares of Duolingo (DUOL -4.11%) rose by 33.6% in February, according to data from S&P Global Market Intelligence. A thoroughly Street-thumping earnings report erased the language-learning expert's prior price drop, which started around the holidays.Duolingo's Q4 by the numbersYour average Wall Street analyst expected the company would report fourth-quarter earnings of roughly $0.17 per diluted share on sales near $148 million. In actuality, it generated earnings of $0.26 per share on revenue of $151 millio ...

Duolingo, Inc. (DUOL) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions ...

Duolingo (DUOL -1.05%) shareholders have had a lot to smile about over the past 14 months. Since the end of 2022, the stock has risen a spectacular 233%, which has many investors wondering if it's already too late to buy some shares.Millions of new active users are flocking to the education app and signing up for paid subscriptions. Growth has been outstanding to date, but the company's stock market valuation means it has to continue growing rapidly or investors who buy at recent prices could suffer heavy l ...

Shares of Duolingo (DUOL -0.89%) shot up over 30% this week, according to data from S&P Global Market Intelligence. The language learning and education app saw rapid user and revenue growth yet again in the fourth quarter, leading investors to buy up the stock. Shares of the stock hit an all-time high and now sit at a market cap of $10 billion.Here's why Duolingo stock soared more than 30% this week.Growing users, expanding monetizationThis week, Duolingo released its financial results for the last three mo ...