Duolingo Inc. [DUOL] stock is trading at $105.30, up 8.09%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DUOL shares have gain 20.40% over the last week, with a monthly amount glided 48.46%, and seem to be holding up well over a long-time horizon.
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On 27, January 2023, Duolingo to Announce Fourth Quarter and Full Year 2022 Results on Tuesday, February 28, 2023. In a post published today on Yahoo Finance, Duolingo, Inc. (Nasdaq: DUOL), the world’s leading mobile learning platform, will announce its results for the fourth quarter and full year ending December 31, 2022, following the close of the U.S. market on Tuesday, February 28, 2023. The Company will host a video webcast at 5:30 p.m. ET on that day.
From an analyst’s perspective:
Duolingo Inc. [NASDAQ: DUOL] stock has seen the most recent analyst activity on July 11, 2022, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, Needham started tracking the stock with Buy rating on July 07, 2022, and set its price target to $115. On May 13, 2022, upgrade upgraded it’s rating to Outperform but maintained its price target of $98 on the stock. KeyBanc Capital Markets upgraded its rating to a Overweight but stick to its price target of $112 on March 21, 2022. Evercore ISI upgraded its rating to Outperform for this stock on November 11, 2021, and upped its price target to $195. In a note dated August 30, 2021, BofA Securities initiated an Buy rating and iterated a target price of $160 on this stock.
Duolingo Inc. [DUOL] stock has fluctuated between $60.50 and $113.36 over the past year. Currently, Wall Street analysts expect the stock to reach $107.88 within the next 12 months. Duolingo Inc. [NASDAQ: DUOL] shares were valued at $105.30 at the most recent close of the market. An investor can expect a potential return of 2.45% based on the average DUOL price forecast.
Analyzing the DUOL fundamentals
Duolingo Inc. [NASDAQ:DUOL] reported sales of 96.06 billion for the most recent quarter, which represents a growth of 51.10%. Gross Margin for this corporation currently stands at +72.13% with Operating Margin at -22.37%, Pretax Margin comes in at -23.91%, and Net Margin reading is -23.98%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 101.18 points at the first support level, and at 97.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 107.44, and for the 2nd resistance point, it is at 109.58.
Duolingo Inc. [DUOL] reported earnings per share of -$0.38 for its fiscal quarter that ended on 6/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.52/share, meaning a difference of $0.14 and a surprise factor of 26.90%. By comparison, the stated earnings for the previous quarter ended on 3/30/2022 were -$0.31 per share as compared to estimates of -$0.57 per share, a difference of $0.26 representing a surprise of 45.60%.
Ratios To Look Out For
For context, Duolingo Inc.’s Current Ratio is 4.30. In addition, the Quick Ratio stands at 5.20 and the Cash Ratio stands at 4.65. Considering the valuation of this stock, the price to sales ratio is 16.19, the price to book ratio is 7.92.
Transactions by insiders
In the past 3 months, 26 insiders have purchased 410,144 shares, and 11 have sold 30,666 shares. Recent insider trading involved Hacker Severin, Chief Tech Officer, Co-Founder, that happened on Feb 01 when 10000.0 shares were sold. Chief Engineering Officer, Glance Natalie completed a deal on Jan 30 to sell 500.0 shares. Meanwhile, Chief Engineering Officer Glance Natalie sold 2500.0 shares on Jan 27.