Duolingo(DUOL)
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Duolingo (DUOL) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-08-02 14:21
Wall Street analysts forecast that Duolingo, Inc. (DUOL) will report quarterly earnings of $0.33 per share in its upcoming release, pointing to a year-over-year increase of 312.5%. It is anticipated that revenues will amount to $176.88 million, exhibiting an increase of 39.5% compared to the year-ago quarter. The consensus EPS estimate for the quarter has undergone an upward revision of 0.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have re ...
The Future Is Optimistic for Duolingo
Gurufocus· 2024-07-30 13:02
The company has faced pressure on two fronts. First, artificial intelligence tools like ChatGPT could make Duolingo obsolete. Second, the decline in monthly active users and daily active users in the last quarter. The stock dropped 18% in a single day following the release of its first-quarter earnings on May 8. However, I believe the results were not as bad as they seemed. To put some numbers in context, there are 97.6 million MAUs in the app and nearly a third of them, 31.40 million, use the app daily. Ma ...
Duolingo, Inc. (DUOL) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-07-29 22:50
Analysts and investors alike will be keeping a close eye on the performance of Duolingo, Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on August 7, 2024. The company's upcoming EPS is projected at $0.33, signifying a 312.5% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $176.88 million, indicating a 39.45% growth compared to the corresponding quarter of the prior year. Our r ...
Buy 5 Technology Services Stocks to Enhance Your Portfolio
ZACKS· 2024-07-29 12:51
In the past year, the Zacks Defined Business Services sector has provided a double-digit return of 12.6% and the Technology Services industry has rallied an impressive 37.8%. The industry players are incorporating artificial intelligence and tools like machine learning in their applications to make the same more dynamic and result-oriented. Elevated demand for enterprise software, which is ramping up productivity and improving the decision-making process, is a key catalyst. We have narrowed our search to fi ...
Down 29%, Is Duolingo a Buy on the Dip?
The Motley Fool· 2024-07-27 09:29
After tumbling from a peak it set in May, shares of Duolingo (DUOL 2.95%) recently received a positive bump from a Wall Street investment bank that follows its business closely. Nagle also maintained Bank of America's $245-per-share price target on Duolingo stock. This target is significantly lower than several other investment banks but it still implies a gain of about 40% from recent prices. Why Duolingo is a good stock to buy Duolingo's free-to-use smartphone application is gaining popularity at an eye-p ...
Duolingo (DUOL) Loses -19.66% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2024-07-25 14:35
Duolingo, Inc. (DUOL) has been beaten down lately with too much selling pressure. While the stock has lost 19.7% 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 oscillator ...
3 Sleeper Stocks That Are Gearing Up for Rallies
Investor Place· 2024-07-24 17:50
Regardless of the negative news swirling about the market right now, some sleeper stocks continue to rally and reach new highs. But while it's easy to chase momentum, that approach has a few risks. Soaring stocks can be humbled during sharp market corrections, and a quick ascent leaves a corporation more vulnerable to a bad earnings report. Investors saw this scenario play out after the pandemic. Many stocks that soared in 2020 and 2021 proceeded to crash in 2022. Some of the stocks that fell hard in 2022 r ...
Duolingo Helps Users Learn Languages. But It Just Made Its 2nd Acquisition in 2 Years for Businesses Which Do Something Else
The Motley Fool· 2024-07-21 10:45
However, investors should keep an eye on Duolingo even if they find it overvalued because this is a business that keeps offering pleasant surprise after pleasant surprise. It clearly works. On top of growth with monthly active users, Duolingo has more than 31 million daily active users as of Q1, which was up a whopping 54% year over year. VAL Duolingo Inc (DUOL) Revenue (TTM) 583.00M ● Duolingo Inc (DUOL) Net Income (TTM) 45.60M 583.00M 500.00M 250.00M 45.60M UTUU -250.00M 2021 2022 2023 2024 The Motley F J ...
Duolingo to Announce Second Quarter 2024 Results on Wednesday, August 7, 2024
Newsfilter· 2024-07-10 20:02
PITTSBURGH, July 10, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, will announce its results for the second quarter ending June 30, 2024, following the close of the U.S. market on Wednesday, August 7, 2024. The Company will host a video webcast at 5:30 p.m. ET on that day. The live video webcast will be accessible to the public through Duolingo's Investor Relations website at https://investors.duolingo.com. A replay of the event will be available two h ...
Duolingo to Announce Second Quarter 2024 Results on Wednesday, August 7, 2024
GlobeNewswire News Room· 2024-07-10 20:02
About Duolingo Investors: Deborah Belevan, IRC, CPA ir@duolingo.com The live video webcast will be accessible to the public through Duolingo's Investor Relations website at https://investors.duolingo.com. A replay of the event will be available two hours after the live event and archived for one year. Contact Information PITTSBURGH, July 10, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, will announce its results for the second quarter ending June 30, 2 ...