The Latest Breaking News from DUOL

Renowned language learning company Duolingo (DUOL) struggled to generate profits and incurred considerable losses in its last reported quarter. Moreover, analysts seem bearish about the company’s prospects as it faces industry-wide and macro challenges. Hence, this unprofitable stock does not seem to appeal to investors lately. Read on.

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Over the past 3 months, 5 analysts have published their opinion on Duolingo (NASDAQ:DUOL) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Duolingo Inc (NASDAQ:DUOL) reported first-quarter FY22 sales growth of 47% year-on-year to $81.22 million, beating the consensus of $77.44 million. Total bookings increased 55% Y/Y to $102.1 million, and subscription bookings rose 56% to $78.5 million. Paid subscriptions grew 60% Y/Y to 2.9 million at quarter-end. Monthly active users (MAUs) climbed 23% to…

Analysts have provided the following ratings for Duolingo (NASDAQ:DUOL) within the last quarter:

Duolingo Inc (NASDAQ: DUOL) is trading higher Friday after the company reported better-than-expected financial results and issued guidance above estimates. 

Despite the recent market correction, the reopening economy and supportive government policies should drive the performance of some quality growth stocks. Wall Street analysts expect beaten-down growth stocks Pinterest (PINS) and Duolingo (DUOL) to deliver solid returns in the near term. So, it could be wise to add them to…

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