Duolingo: Amazing Execution, Amazing Growth, Amazing Outlook

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 ...