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Duolingo: Amazing Execution, Amazing Growth, Amazing Outlook
Seeking Alpha· 2024-04-02 05:35
Artur Summary Readers may find my previous coverage via this link. My previous rating was a buy, as I believed Duolingo's (NASDAQ:DUOL) growth momentum would continue for the foreseeable future with an inflection towards positive GAAP EBIT in FY24. I am reiterating my buy rating as DUOL continues to sustain its 40+% growth rate just as it did over the past 10 quarters, a strong sign that demand remains strong. I would expect growth to continue at this strong pace as DUOL rolls out more GenAI features. In pa ...
Duolingo: Rating Upgrade As Accelerated Innovation Will Produce Outsized Revenue And Margin Growth
Seeking Alpha· 2024-04-01 18:01
stockcam Introduction & Investment Thesis I initiated a “Sell” rating on Duolingo (NASDAQ:DUOL) on January 30th. My “sell” thesis was predicated on my belief that the stock was fully priced for future growth prospects. While the stock price initially declined approximately 10% after my “sell” thesis, it found support at the $170 price level, and since then, it is up close to 18%. One of the main reasons behind the stock’s outperformance has been the company’s Q4 earnings report, which was released by th ...
Top Tickers: 3 Stocks That Could Embarrass the S&P 500
InvestorPlace· 2024-03-21 18:23
The S&P 500 is a weighted fund that holds 500 profitable corporations. Firms with the largest market caps have the largest concentrations within the fund. While many investors define this index as the broader market, it’s possible to outperform this popular benchmark.If you want to outperform the S&P 500, you first have to know its historical performance. The index is up by 31% over the past year and 86% over the past five years. While those numbers slightly fluctuate each day, they are your targets if you ...
Is Duolingo stock a good buy in 2024?
Finbold· 2024-03-19 08:54
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 ...
2 Stocks That Will Surge on the Next Wave of AI
The Motley Fool· 2024-03-18 15:30
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 Stock Tripled in 2023, and Here's Why It Could Go Higher
The Motley Fool· 2024-03-15 09:29
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 ...
Analyst Expects "Premium" Revenue Growth from Duolingo
Schaeffers Research· 2024-03-11 12:55
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 ...
Buckle Up, Buttercup! 7 Hypergrowth Tech Stocks Revving Their Engines
InvestorPlace· 2024-03-06 00:12
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 ...
Can Buying Duolingo Stock Now Still Translate Into Gains?
The Motley Fool· 2024-03-05 11:25
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 ...
Why Duolingo Stock Flew 34% Higher in February
The Motley Fool· 2024-03-04 19:19
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 ...