Duolingo files S-1 for IPO

This is a great way to crowdsource the best educational content for its audience without hiring a salaried educator to design courses. Current and historical p/e ratio for Duolingo from 2020 to 2022. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share number.

In fact, Duolingo co-founder Luis von Ahn has sold two inventions to Alphabet. One of these inventions, reCAPTCHA, is used everywhere online today to guard websites forex fury from fraud and abuse. After snapping up reCAPTCHA in 2009, Alphabet went on to back von Ahn’s next venture, Duolingo, which has become an even greater success.

• It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
• To keep users coming back, Duolingo deploys gameplay mechanics like experience points, streaks, and leaderboards.
• The consensus among Wall Street analysts is that investors should “buy” DUOL shares.

The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. The IPO boom also coincides with the rising force of retail investors who are eager to own a piece of their favorite companies. In this photo illustration an Duolingo logo of a language-learning website and mobile app is seen on a smartphone. Duolingo offers 95 courses across 38 distinct languages — from the world’s most spoken, such as Spanish, French and Italian, to endangered languages like Hawaiian, Navajo and Scottish Gaelic. Revenue at the Pittsburgh-based company rose 129% last year to $161.7 million.

A high percentage of insider ownership can be a sign of company health. By clicking the button below, your credit card will be charged $28.00 USD and you’ll have access to all Duolingo position data for 90 days. We believe the stocks we’re recommending have the power to deliver life-changing profits – not just in the coming weeks or months, but far beyond. Plus, revenue is increasing and will inevitably catch up to the company’s spending over time. The app functions like a video game where users earn rewards for progress in the game, such as badges and “gems” that can go toward further customizing a character they create.

Why Duolingo Stock Skyrocketed This Past Week

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on https://day-trading.info/ your retirement portfolio. Now, even Taiwan’s own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.

Facebook — the biggest social media platform and one of the world’s most innovative tech companies — trades at less than 10 times sales. Goldman Sachs, Allen & Company, Evercore ISI and Barclays will lead Duolingo’s IPO offering. Two classes of stocks will be for sale, with class A shares being equivalent to one vote and class B shares equal ling 20 votes, the SEC filing shows. The app maker noted 97% revenue growth to $55.4 million in the first quarter of 2021, compared to the same period last year, where the app made $28.1 million. In 2020, Duolingo saw 129% year-over-year revenue growth, as revenue more than doubled from $70.8 million in 2019 to $161.7 million in 2020.

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In the past three months, Duolingo insiders have sold 249.22% more of their company’s stock than they have bought. Specifically, they have bought $7,775,134.00 in company stock and sold $27,152,122.00 in company stock. Duolingo has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. According to analysts’ consensus price target of $116.33, Duolingo has a forecasted downside of 7.9% from its current price of $126.29. Intraday Data provided by FACTSET and subject to terms of use.

Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. But even in terms of fundamentals, this one is kind of a no-brainer.

This is a lower news sentiment than the 0.44 average news sentiment score of Business Services companies. The company’s average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings. Shares of Duolingo Inc. rose more than 8% in the extended session Wednesday after the language-learning app company reported a narrower-than-expected loss and sales that were above Wall Street expectations.

Language-learning app Duolingo files to go public with revenues doubling year-over-year

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Language learning will not go out of style for a long, long time. And whoever makes it the most easy, fast, and cheap solution around will win the market. This whole Robinhood IPO Access thing is still very fresh for retail investors, so there will no doubt be a rush for shares of Duolingo. Pricing information for Duolingo stock is yet to be made available. But we know it plans to sell $100 million worth of shares whenever the IPO date arrives.

Barclays Remains a Hold on Duolingo (DUOL)

The app noted losses worth $13.5 million in the first quarter of this year, compared to $2.2 million in the Q1 of 2020. Sign upfor our weekly, original newsletter that goes beyond the list, offering a closer look at Disruptor 50 companies, and the founders who continue to innovate across every sector of the economy. “If you live in the United States you may not know about this, but worldwide billions of dollars are spent by people having to take tests to prove that they know English,” von Ahn said.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. 45 people have searched for DUOL on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days. MarketBeat has tracked 3 news articles for Duolingo this week, compared to 5 articles on an average week. There is no current short interest data available for DUOL.

Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. In 2020, subscriptions accounted for 73% of Duolingo’s revenue. The rest is from ad income (17%) and other services (10%), such as Duolingo English Test fees and sales of virtual goods. In the first quarter of 2021, Duolingo saw 97% growth compared to the same quarter in 2020. Net losses widened more than six-fold to $13.5 million in the three months ending March 31st.

Users have downloaded the app more than 500 million times, making it the top-grossing education app on Google Play and Apple’s App Store. Duolingo’s shares have soared over 40% from its IPO price of $ a sign of affection for this growing educational tech start-up. Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, Chinese, Portuguese, and others. It also provides a digital language proficiency assessment exam.

The momentum continued into the first quarter of this year, with revenue surging 97% to $55 million. Anyone who has tried to learn something new knows that staying motivated is hard. To keep users coming back, Duolingo deploys gameplay mechanics like experience points, streaks, and leaderboards. By gamifying the learning process, Duolingo helps users stay engaged — boosting their chances of success. Has a 13% stake in Duolingo — making it the biggest outside investor in the company.

Duolingo solves this problem by using artificial intelligence algorithms to personalize each lesson for every individual learner so users progress at their own pace. It has a popular, engaging platform, a massive, global user base, and enormous room for future growth. On top of that, it stands to benefit from Alphabet’s backing and expertise in scaling technology companies. In its IPO prospectus, the Pittsburgh-based company disclosed annualized revenue growth of 129% last year to $161.7 million.