Duolingo, Inc. (DUOL) Surpasses Market Returns: Some Facts Worth Knowing

Company Performance - Duolingo, Inc. (DUOL) closed at $363.28, reflecting a +1.34% change from the previous trading day's closing, outperforming the S&P 500's daily gain of 0.53% [1] - The stock has increased by 10.56% over the past month, significantly surpassing the Business Services sector's gain of 3.28% and the S&P 500's gain of 1.24% [1] Upcoming Earnings - Analysts expect Duolingo, Inc. to report earnings of$ 0.50 per share, indicating a year-over-year growth of 92.31% [2] - The consensus estimate for quarterly revenue is $205.27 million, representing a 35.95% increase from the same period last year [2] Analyst Estimates - Recent changes to analyst estimates for Duolingo, Inc. suggest a favorable outlook on the company's business health and profitability [3] - Modifications in estimates are often correlated with impending stock price performance, indicating potential investment opportunities [4] Valuation Metrics - Duolingo, Inc. has a Forward P/E ratio of 118.14, which is significantly higher than its industry's Forward P/E of 23.71 [6] - The Technology Services industry, part of the Business Services sector, currently holds a Zacks Industry Rank of 87, placing it in the top 35% of over 250 industries [6] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that Duolingo, Inc. currently holds a Zacks Rank of 3 (Hold) [5] - The Zacks Consensus EPS estimate has decreased by 0.46% in the past month, indicating a slight adjustment in expectations [5]