Duolingo, Inc. (DUOL)

NASDAQ: DUOL · IEX Real-Time Price · USD
236.49
-2.51 (-1.05%)
At close: Mar 1, 2024, 4:00 PM
235.75
-0.74 (-0.31%)
After-hours: Mar 1, 2024, 7:59 PM EST
-1.05%
Market Cap 9.94B
Revenue (ttm) 531.11M
Net Income (ttm) 16.07M
Shares Out 42.04M
EPS (ttm) 0.35
PE Ratio 675.69
Forward PE 255.64
Dividend n/a
Ex-Dividend Date n/a
Volume 1,330,701
Open 238.58
Previous Close 239.00
Day's Range 230.20 - 241.86
52-Week Range 111.01 - 245.87
Beta 0.72
Analysts Hold
Price Target 235.43 (-0.45%)
Earnings Date Feb 28, 2024

About DUOL

Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers courses in 40 different languages, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam. Duolingo, Inc. was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania. [Read more]

Sector Technology
IPO Date Jul 28, 2021
Employees 720
Stock Exchange NASDAQ
Ticker Symbol DUOL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for DUOL stock is "Hold." The 12-month stock price forecast is $235.43, which is a decrease of -0.45% from the latest price.

Price Target
$235.43
(-0.45% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Duolingo Stock Is Surging. Its TikTok Videos Crushed AI Fears.

Language-learning platform Duolingo has posted viral videos on social media. The increased views translated to an earnings boost.

3 days ago - Barrons

Duolingo stock soars as online learning surge and AI boost forecast

Language learning platform Duolingo's shares surged more than 20% in premarket trading on Thursday as the company forecast better-than-expected 2024 revenue on the back of a shift to online learning a...

3 days ago - Reuters

Duolingo's stock soars more than 20% after ‘record' bookings, quarterly profit for company

Shares of Duolingo Inc. jumped 22% in the extended session Wednesday after the learning company said that a “record” fourth quarter capped an “exceptional” year thanks to more bookings, revenue and pr...

4 days ago - Market Watch

Duolingo Reports 65% DAU Growth, 45% Revenue Growth and Record Profitability in Fourth Quarter 2023

PITTSBURGH, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world's leading mobile learning platform, announced results for the fourth quarter and full year ended December 31, 202...

4 days ago - GlobeNewsWire

3 education stocks breaking out on a hiring spree

Most retail traders and investors, that is, those who trade with their own money, often wonder how the professionals come to pick the stocks and industries they come to pick amongst the thousands of n...

Other symbols: COURGOOGL
24 days ago - MarketBeat

Duolingo to Announce Fourth Quarter and Full Year 2023 Results on Wednesday, February 28, 2024

PITTSBURGH, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, will announce its results for the fourth quarter and full year ending Decembe...

4 weeks ago - GlobeNewsWire

Wayfair, Google, Amazon Duolingo Cut Hundreds Of Jobs: Here Are The 2024 Tech Layoffs

Furniture e-commerce company Wayfair announced plans Friday morning to cut 13% of its workforce, amid a string of corporate layoffs this year at Google, Amazon, Discord and Duolingo, as businesses loo...

Other symbols: AMZNGOOGGOOGLW
6 weeks ago - Forbes

Google, Amazon Duolingo Cut Hundreds Of Jobs: Here Are The 2024 Tech Layoffs

Google this week announced plans to let go of “a few hundred” employees in its sales division, marking the latest round of layoffs at a major tech company this year, following cuts at Amazon, Discord ...

Other symbols: AMZNGOOGGOOGL
6 weeks ago - Forbes

Amazon, Google, Duolingo Cut Hundreds Of Jobs: Here Are The 2024 Tech Layoffs

Hundreds of employees were cut from major tech companies this week, including at Amazon, Google and Duolingo, as businesses look to “rightsize” their workforces and cut costs, following up on a parade...

Other symbols: AMZNGOOGGOOGL
7 weeks ago - Forbes

Duolingo cut 10% of its contractor workforce as the company embraces AI

Duolingo is the latest company to cite AI as a reason for job cuts. The company confirmed it cut around 10% of its contractor workforce at the end of 2023, as it turns to AI models like OpenAI's GPT-4...

7 weeks ago - TechCrunch

Duolingo Cuts 10% of Contractors While Expanding Use of AI

Duolingo has cut about 10% of its contractors due to its use of generative artificial intelligence (AI) to create content.  The maker of software for learning languages has been shifting tasks from st...

7 weeks ago - PYMNTS

Duolingo Language Report Reveals Changes in Top 10 Languages Studied Around the World

Duolingo, the world's #1 online learning platform, kicked off its end-of-year celebration of learning with the launch of its global Language Report.

3 months ago - GlobeNewsWire

Duolingo Drives 160% Two-Year Subscriber Growth With Constant Tinkering

Duolingo is seeing subscription growth, launching new tiers and constantly testing new features and enhancements to drive revenue and lifetime value (LTV). The company shared in its third-quarter 2023...

4 months ago - PYMNTS

Duolingo's stock jumps 10% after learning platform swings to surprise Q3 profit

Shares of Duolingo Inc. DUOL, +1.67% rallied more than 10% in the extended session Wednesday after the language-learning platform swung to an unexpected third-quarter profit and its revenue jumped 43%...

4 months ago - Market Watch

Duolingo Reports 63% DAU Growth and 43% Revenue Growth in Third Quarter 2023; Raises Full Year Guidance

PITTSBURGH, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world's leading mobile learning platform, announced results for the third quarter ended September 30, 2023 in a shareho...

4 months ago - GlobeNewsWire

Duolingo's Mascot, Duo the Owl, Joins Chess.com to Capture Your Pawns in 12 Languages

NEW YORK--(BUSINESS WIRE)--Chess.com, the world's largest chess site with a global community of more than 150 million members, today announced a partnership with Duolingo (NASDAQ: DUOL), the world's l...

4 months ago - Business Wire

3 hot mid-caps set to report Q3 earnings

Up as much as 13% earlier this year, the S&P 400 has slipped into negative territory for 2023. Like its large-cap cousin, the S&P 500, the mid-cap index is being weighed down by surging Treasury yield...

Other symbols: YELPXPO
4 months ago - MarketBeat

Duolingo to Announce Third Quarter Results on Wednesday, November 8, 2023

PITTSBURGH, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, will announce its results for the third quarter ending September 30, 2023, fo...

5 months ago - GlobeNewsWire

Duolingo Previews Its Multi-Subject Future at Duocon 2023

PITTSBURGH, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Duolingo (NASDAQ:DUOL), the world's leading mobile learning platform, shares its latest product vision that harnesses its proven, gamified teaching method...

5 months ago - GlobeNewsWire

AI Boosts Duolingo As Company Posts First Profit

When it comes to AI, language-learning app Duolingo Inc. NYSE: DUOL is articulating the idea, “If you can't beat 'em, join 'em.” The approach seems to be working.

5 months ago - MarketBeat

Duolingo Commits $1 Million to Early Childhood Education in Pittsburgh

New “Early Learners First” program makes multi-year grants to local child care providers; covers child care costs for local families New “Early Learners First” program makes multi-year grants to local...

5 months ago - GlobeNewsWire

Duolingo confirms its app will soon include both math and music lessons

Language learning app maker Duolingo this morning officially confirmed the coming launch of its latest product, Duolingo Music. TechCrunch had previously reported the company was hiring for music expe...

6 months ago - TechCrunch

Duolingo CEO Luis von Ahn on Q2 earnings beat

Duolingo CEO Luis von Ahn joins 'Squawk on the Street' to discuss the company's Q2 earnings results, what's driving the stock's rally, and Duolingo's expansion plans.

7 months ago - CNBC Television

Duolingo spotted developing a music learning app

Work on Duolingo's next big app, Duolingo Music, is well on its way, according to new findings. Recent development efforts indicate the company's upcoming app will focus on piano, drums, and sheet mus...

7 months ago - TechCrunch

Duolingo rallies after second-quarter results beat expectations

Shares of Duolingo Inc. were up 8% after hours on Tuesday after the language-learning app reported second-quarter results that beat expectations, helped by a jump in paid subscribers. The company repo...

7 months ago - Market Watch