2024 was another great year for growth stocks. But with so many growth stocks performing well, it can be difficult to narrow down what stocks should be on your buy list as we start a new year.
Recently, Zacks.com users have been paying close attention to Duolingo (DUOL). This makes it worthwhile to examine what the stock has in store.
Duolingo stock price had a spectacular performance in 2024 as other edtech companies like Udemy and Coursera retreated. It jumped by over 43% after publishing strong financial results during the year.
Here is how Duolingo, Inc. (DUOL) and AppLovin (APP) have performed compared to their sector so far this year.
Language-learning company Duolingo (DUOL -1.28%) priced its 2021 initial public offering (IPO) at $102 per share. It's tripled in value during the short time since.
These innovative companies are using artificial intelligence in ways that can boost earnings growth.
Duolingo (DUOL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The stock market has been on an absolute tear this year. The S&P 500 is up by 27%, which is almost triple its average annual gain dating back to when the index was established in 1957.
Duolingo's AI-driven, gamified freemium model is driving strong user growth, with DAUs up 54% and paid subscribers up 47% year-over-year. The business is scaling efficiently, with improving Adjusted EBITDA margins and decreasing customer acquisition costs, creating a competitive advantage. Duolingo's robust liquidity, low debt, and substantial cash reserves ensure it can fund growth initiatives and withstand competition.
Here is how Duolingo, Inc. (DUOL) and AppLovin (APP) have performed compared to their sector so far this year.
Does Duolingo, Inc. (DUOL) have what it takes to be a top stock pick for momentum investors? Let's find out.
Duolingo Inc DUOL stock fell after B of A Securities analyst Curtis Nagle downgraded the rating from Buy to Neutral with a price target of $375, up from $355.