Streetbeat News

DUOL

Duolingo, Inc.

https://www.duolingo.com

Industry

Software - Application

Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, Chinese, Portuguese, and others. It also provides a digital language proficiency assessment exam. The company was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania.

Open

319.01

Mkt cap

14B

Volume

570K

High

320.50

P/E Ratio

167.02

52-wk high

330.61

Low

306.67

Div yield

N/A

52-wk low

145.05

Duolingo's third-quarter 2024 earnings and revenues are expected to increase year over year, suggesting potential growth for the company.

Portfolio Pulse from

November 05, 2024 | 8:15 pm

Duolingo's short interest has decreased by 5.52%, with 2.03 million shares sold short, representing 5.48% of its float. This is higher than its peers' average of 5.28%. The decrease in short interest may indicate a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 1:00 pm

Goldman Sachs analyst Eric Sheridan maintains a Neutral rating on Duolingo (NASDAQ:DUOL) but raises the price target from $198 to $250.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:34 pm

Duolingo Inc (NASDAQ:DUOL) was downgraded by JMP Securities from Market Outperform to Market Perform due to a perceived risk/reward imbalance, despite strong execution and potential for strong Q3 results. The stock has risen 78% since Q2 earnings, and its current valuation reflects new product initiatives.

Portfolio Pulse from Priya Nigam

October 14, 2024 | 4:09 pm

Duolingo (NASDAQ:DUOL) has been evaluated by 11 analysts over the past three months, showing a range of sentiments from bullish to bearish. The average 12-month price target has increased by 6.38% to $274.18. Analysts have adjusted their ratings and price targets, reflecting positive market conditions and company performance. Duolingo has shown strong financial performance with a 40.59% revenue growth rate, a 13.66% net margin, and effective debt management.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 1:00 pm

JMP Securities has downgraded Duolingo from Market Outperform to Market Perform, indicating a less optimistic outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 9:56 am

Duolingo's short interest has decreased by 3.97%, with 5.8% of its float sold short. This is higher than its peers' average of 5.28%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 4:30 pm

UBS analyst Chris Kuntarich has maintained a Buy rating on Duolingo and raised the price target from $225 to $355.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:44 pm

Duolingo Inc (NASDAQ:DUOL) saw its stock rise over 8% due to increased price targets from analysts, driven by its use of Generative AI and large language models. The stock's short interest and low float suggest potential for a short squeeze, leading to possible volatility.

Portfolio Pulse from Surbhi Jain

September 25, 2024 | 7:11 pm

The article highlights unusual options activity for 10 consumer discretionary stocks, indicating potential trading opportunities. Notable bullish sentiment is observed for TSLA, AMZN, PDD, DKNG, BABA, CVNA, and DUOL, while bearish sentiment is noted for CPRI and NIO. GOEV shows neutral sentiment.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 5:35 pm

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