Duolingo, Inc. (DUOL)
| Market Cap | 9.59B |
| Revenue (ttm) | 531.11M |
| Net Income (ttm) | 16.07M |
| Shares Out | 42.88M |
| EPS (ttm) | 0.35 |
| PE Ratio | 638.46 |
| Forward PE | 174.91 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 454,451 |
| Open | 218.50 |
| Previous Close | 214.84 |
| Day's Range | 218.49 - 227.65 |
| 52-Week Range | 116.82 - 245.87 |
| Beta | 0.83 |
| Analysts | Hold |
| Price Target | 243.63 (+9.03%) |
| Earnings Date | May 8, 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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for DUOL stock is "Hold." The 12-month stock price forecast is $243.63, which is an increase of 9.03% from the latest price.
News
Duolingo's stock jumps 6% on news it is joining S&P MidCap 400
Duolingo Inc.'s stock popped 6% in extended trading Wednesday following news it is joining the S&P MidCap 400.
Duolingo Set to Join S&P MidCap 400; Cable One to Join S&P SmallCap 600
NEW YORK , April 17, 2024 /PRNewswire/ -- Duolingo Inc. (NASD:DUOL) will replace Cable One Inc. (NYSE:CABO) in the S&P MidCap 400, and Cable One will replace MDC Holdings Inc. (NYSE:MDC) in the S&P Sm...
Duolingo to Announce First Quarter 2024 Results on Wednesday, May 8, 2024
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, follo...
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.
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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.
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...
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%...
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...
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...
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...
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...
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...
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...
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.
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...
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...