Duolingo Stock News

This language education platform continues to expand its use of artificial intelligence.

Shares of Duolingo have continued rallying post-earnings, driven by yet another guidance boost and strong growth trends. The company is achieving 40%+ growth in DAUs, subscribers, and revenue. Contributing to recent success is the company's launch of Video Call, an AI-powered conversational tool that immensely accelerates language learning capabilities.

Duolingo, Inc. (DUOL) Q3 2024 Earnings Call Transcript

Language learning app Duolingo beat expectations on the top and bottom lines for the third quarter. But new subscribers were a tad light.

PITTSBURGH, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world's leading mobile learning platform, announced results for the third quarter ended September 30, 2024 in a shareholder letter that is posted at investors.duolingo.com.

I recently sold my Duolingo stock and consider it a hold at best due to valuation concerns. Investing in Duolingo means estimating its potential to add more paying subscribers over time. Even with optimistic subscriber growth projections, it's hard to make a case for Duolingo's $300ish stock price - I see a lot of downside risk.

These two companies consistently beat expectations when they report their financial results.

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