Duolingo, Inc. (DUOL) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - Duolingo, Inc. closed at $306.17, reflecting a +1.68% change from the previous day, outperforming the S&P 500's daily loss of 0.22% [1] - Over the past month, Duolingo's shares have decreased by 30.38%, significantly underperforming the Business Services sector's loss of 10.46% and the S&P 500's loss of 7.48% [1] Upcoming Earnings - The upcoming earnings release is expected to show an EPS of$ 0.52, which is an 8.77% decline compared to the same quarter last year [2] - Revenue is anticipated to reach $222.98 million, indicating a 33.08% increase from the year-ago quarter [2] Annual Estimates - For the annual period, earnings are projected at$ 2.64 per share and revenue at $973.45 million, representing increases of +40.43% and +30.14% respectively from the previous year [3] - Recent changes in analyst estimates suggest a shifting business landscape, with positive revisions indicating optimism about the company's outlook [3] Valuation Metrics - Duolingo is currently trading at a Forward P/E ratio of 114.25, which is significantly higher than the industry average Forward P/E of 21.86 [6] - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 68, placing it in the top 28% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks delivering an average annual return of +25% since 1988 [5] - Currently, Duolingo holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate having decreased by 13.14% in the past month [5]