Duolingo, Inc. (DUOL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned -3.4% over the past month versus the Zacks S&P 500 composite's +0.8% change. The Zacks Technology Services industry, to which Duolingo belongs, has lost 1.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors ...

PITTSBURGH, April 10, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, will announce its results for the first quarter ending March 31, 2024, following the close of the U.S. market on Wednesday, May 8, 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 hou ...

Duolingo, Inc. (DUOL) has had an impressive run in the past year. The company’s shares have gained 57.5%, significantly outperforming the 25% growth of the Zacks S&P 500 Composite.Let’s take a look at some other factors that make the stock an attractive pick.Solid Rank: Duolingo currently sports a Zacks Rank #1 (Strong Buy). Our research shows that stocks with a Zacks Rank #1 or 2 (Buy) offer attractive investment opportunities for investors. Thus, the company appears to be a compelling investment proposit ...

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 ...

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 ...

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 ...

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 ...