Duolingo Inc. ($DUOL) Stock Forecast: Down 5.4% Today

What is Duolingo Inc.?

Duolingo Inc (NASDAQ: DUOL) is a popular mobile learning platform that offers language learning courses to users worldwide. The stock had a bearish movement today.

Why is Duolingo Inc. going down?

DUOL stock is down 5.4% on Dec 11, 2024 20:38

• The bearish movement in Duolingo's stock price could be attributed to a recent analyst downgrade from Buy to Neutral, citing peak valuation and limited upside potential.
• Despite positive news of partnering with Netflix for a 'Learn Korean or Else' campaign and the appointment of a gaming industry veteran to the board of directors, market sentiment may have been overshadowed by the valuation concerns highlighted in the analyst downgrade.
• Investors might be cautious about the stock's near-term performance due to potential impacts of lower estimate revisions following the downgrade, leading to a sell-off in the stock price.
• The market may be interpreting concerns about valuation as a sign of overvaluation in Duolingo's stock, prompting a bearish movement despite positive developments in partnerships and board appointments.

DUOL Price Chart

DUOL Technical Analysis

DUOL News

Duolingo Trades At Peak Valuation, Analyst Downgrades It - Duolingo ( NASDAQ:DUOL )

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. The downgrade reflects less upside potential as the stock traded at peak valuation, and near-term estimate revisions may be lower than in ...

https://www.benzinga.com/analyst-ratings/downgrades/24/12/42446064/duolingo-trades-at-peak-valuation-analyst-downgrades-it

Duolingo And Netflix Bring Squid Game Fans Closer To Korean with New Language Challenge - Duolingo ( NASDAQ:DUOL )

Duolingo's "Learn Korean or Else" campaign adds 40+ Squid Game phrases to its Korean course, promoting language learning before Season 2. Duolingo's mascot Duo becomes a Pink Guard, using humor and stunts to challenge fans to complete their Korean lessons.

https://www.benzinga.com/trading-ideas/movers/24/12/42418801/duolingo-and-netflix-bring-squid-game-fans-closer-to-korean-with-new-language-challenge

Duolingo and Netflix Partner to Launch 'Learn Korean or Else' Campaign Ahead of Squid Game Season 2

Duo the Owl Joins the Pink Guard to Challenge Fans Duo the Owl Joins the Pink Guard to Challenge Fans ...

https://www.globenewswire.com/news-release/2024/12/10/2994685/0/en/Duolingo-and-Netflix-Partner-to-Launch-Learn-Korean-or-Else-Campaign-Ahead-of-Squid-Game-Season-2.html

Gaming Industry Visionary Bonnie Ross Joins Duolingo Board of Directors - Duolingo ( NASDAQ:DUOL )

PITTSBURGH, Dec. 09, 2024 ( GLOBE NEWSWIRE ) -- Duolingo, Inc. DUOL, the world's leading mobile learning platform, announced today that it has appointed Bonnie Ross as an independent board member. Ms. Ross is a pioneering visionary with 30 years of experience working in the gaming industry.

https://www.benzinga.com/pressreleases/24/12/g42399771/gaming-industry-visionary-bonnie-ross-joins-duolingo-board-of-directors

Gaming Industry Visionary Bonnie Ross Joins Duolingo Board of Directors

PITTSBURGH, Dec. 09, 2024 ( GLOBE NEWSWIRE ) -- Duolingo, Inc. ( Nasdaq: DUOL ) , the world's leading mobile learning platform, announced today that it has appointed Bonnie Ross as an independent board member.

https://www.globenewswire.com/news-release/2024/12/09/2994090/0/en/Gaming-Industry-Visionary-Bonnie-Ross-Joins-Duolingo-Board-of-Directors.html

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Duolingo Inc. Price History

07.10.2024 - DUOL Stock was up 3.7%

• DUOL experienced a strong bullish movement today following its Q3 earnings report.
• The company surpassed both earnings and revenue estimates for the quarter, indicating strong financial performance.
• Investors are optimistic about DUOL's future growth potential, especially with expectations of increased earnings and revenues for Q3 2024.
• The positive outlook for Duolingo's key metrics has likely contributed to the bullish market movement, attracting more investors to the stock.

22.09.2024 - DUOL Stock was down 3.4%

• The bearish movement in DUOL today could be a result of profit-taking by investors after a significant 40% increase in the stock price over the past 6 months.
• Investors who had been riding the uptrend might have decided to cash in their gains, leading to a temporary dip in the stock price.
• This pullback could also be a natural market correction as investors reevaluate their positions and market sentiment shifts.

30.09.2024 - DUOL Stock was up 5.7%

• Despite a slight dip in one of the trading sessions, DUOL managed to close higher overall, indicating strong bullish momentum.
• The positive movement could be attributed to favorable market conditions, increased user engagement on the platform, or positive news related to the company's growth prospects.
• Investors may have reacted positively to potential expansion plans, new language offerings, or impressive user acquisition numbers, driving the stock price higher.
• Overall, DUOL's bullish movement suggests investor confidence in the company's performance and future outlook.

31.09.2024 - DUOL Stock was down 5.3%

• Despite a surge in options activity with a bullish stance, Duolingo's stock experienced a significant bearish movement.
• The rise higher than the market in the previous trading day did not sustain, leading to a notable decline today.
• The discrepancy between bullish options activity and the actual stock movement could indicate unexpected news or developments impacting investor sentiment.
• It is possible that external factors or market dynamics influenced the bearish movement, overshadowing the positive sentiment from options trading.

19.08.2024 - DUOL Stock was up 6.3%

• The uptick in options activity, coupled with a bullish outlook, reflects a prevailing positive sentiment among investors regarding Duolingo.
• The noteworthy 22% surge in the stock price indicates a growing confidence in the company's performance and its potential for future growth.
• Investors perceive Duolingo as a resilient and innovative player within the language-learning industry, contributing to the upward trajectory of its stock price.
• The interplay of bullish options activity and favorable investor sentiment likely played a pivotal role in propelling Duolingo's stock on its upwards trajectory.

06.10.2024 - DUOL Stock was up 5.2%

• DUOL stock saw significant upward movement today.
• Investor optimism is high due to expectations of positive third-quarter earnings and revenue growth.
• A rise in options trading, with many investors taking bullish positions, is further boosting the stock's momentum.
• Overall, market sentiment towards Duolingo remains positive, supported by the anticipation of solid financial results and investor belief in the company's future potential.

25.08.2024 - DUOL Stock was up 5.3%

• Duolingo unveiled AI-powered innovations at its annual conference, Duocon 2024, showcasing its commitment to technological advancements and enhancing user experience.
• The positive market sentiment towards Duolingo was further reinforced by the unusual options activity, with deep-pocketed investors adopting a bullish approach, indicating confidence in the company's future prospects.
• The introduction of new products and the bullish stance of investors likely contributed to the surge in DUOL stock price, reflecting optimism in Duolingo's growth trajectory and market positioning.

15.09.2024 - DUOL Stock was up 2.0%

• Despite Duolingo performing well, the stock was downgraded by analysts due to a perceived risk/reward imbalance, leading to early pressure on the stock.
• The stock saw a larger decline than the general market, closing lower by -0.58% from the previous trading session.
• The downgrade and negative sentiment from analysts on the risk/reward ratio likely influenced the bearish movement in the stock.
• Investor response to analysts' cautionary statements may have prompted a sell-off despite the company's expected strong third-quarter results.

11.10.2024 - DUOL Stock was down 5.4%

• The decline in DUOL today could potentially be linked to investors taking profits as the stock peaked at a 52-week high following robust Q3 financial results. Here is an insightful analysis:
• Speculation suggests investors are pausing their engagement with Duolingo's successful venture, possibly capitalizing on recent advances.
• Despite optimistic sentiments from Wall Street and the forecasted growth in earnings and revenues, some may have chosen to secure profits in response to the stock's rapid rise.
• Concerns may have arisen in the market regarding the sustainability of Duolingo's exceptional performance, prompting a temporary drop in the stock price.
• In the realm of investing, even promising stocks like Duolingo can encounter a setback in their upward trajectory, underscoring the significance of timing and risk management.

27.08.2024 - DUOL Stock was down 5.0%

• Despite Duolingo introducing AI-powered innovations, the stock experienced a bearish movement, possibly due to profit-taking after a recent surge in price.
• The partnership between Duolingo and Commerce Bank to enhance loyalty programs did not seem to have an immediate positive impact on the stock price.
• Questions about Duolingo's recent strength and its potential longevity suggest investor caution, contributing to the bearish movement.
• Despite the market downturn, Duolingo managed to gain slightly, indicating some resilience in the face of broader market trends.

11.11.2024 - DUOL Stock was down 6.4%

• The bearish movement in DUOL stock could be attributed to profit-taking by investors after a recent bullish run.
• The partnership with Netflix for the "Learn Korean or Else" campaign may not have translated into immediate positive market sentiment.
• The addition of Bonnie Ross, a gaming industry veteran, to Duolingo's board may have raised questions about the company's strategic direction, leading to some selling pressure.
• Overall, the market may be reacting cautiously to these recent developments, resulting in the bearish movement of DUOL stock.

11.11.2024 - DUOL Stock was down 5.4%

• The bearish movement in Duolingo's stock price could be attributed to a recent analyst downgrade from Buy to Neutral, citing peak valuation and limited upside potential.
• Despite positive news of partnering with Netflix for a 'Learn Korean or Else' campaign and the appointment of a gaming industry veteran to the board of directors, market sentiment may have been overshadowed by the valuation concerns highlighted in the analyst downgrade.
• Investors might be cautious about the stock's near-term performance due to potential impacts of lower estimate revisions following the downgrade, leading to a sell-off in the stock price.
• The market may be interpreting concerns about valuation as a sign of overvaluation in Duolingo's stock, prompting a bearish movement despite positive developments in partnerships and board appointments.