Zacks.com users have recently been watching Duolingo (DUOL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Shares of Duolingo Inc. NASDAQ: DUOL, the language-learning app turned Wall Street growth darling, have had a tough run lately. After rallying more than 100% between March and May, the stock has since sold off hard, shedding more than 30% from its highs.
Shares of language learning platform Duolingo Inc (NASDAQ:DUOL) were last seen down 4.7% at $360.67, looking to extend their recent slide.
Duolingo, Inc. (DUOL) concluded the recent trading session at $376.42, signifying a +1.51% move from its prior day's close.
Recently, Zacks.com users have been paying close attention to Duolingo (DUOL). This makes it worthwhile to examine what the stock has in store.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
In the most recent trading session, Duolingo, Inc. (DUOL) closed at $389.45, indicating a -1.77% shift from the previous trading day.
Duolingo's strong revenue growth and user engagement reinforce my bullish outlook for the stock. With no debt and nearly $1B in cash, it's got a fortress-like balance sheet. Even at 38x free cash flow, the PEG ratio is just 1.3x; this is attractive.
Duolingo (DUOL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The shares of language learning platform Duolingo Inc (NASDAQ:DUOL) are down 2.7% at $411.54 at last glance, looking to extend their recent slide.
Recently, Zacks.com users have been paying close attention to Duolingo (DUOL). This makes it worthwhile to examine what the stock has in store.
Recently, Zacks.com users have been paying close attention to Duolingo (DUOL). This makes it worthwhile to examine what the stock has in store.