Stock FAQs

when can i buy duolingo stock

by Destiney Dooley Published 3 years ago Updated 2 years ago
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Duolingo is expected to start trading on July 28. The company is offering 5.1 million shares in the IPO at $102 each. Initially, the company planned to offer the shares for $85–$95. The offering is expected to close on July 30.

Duolingo is making its market debut on Wednesday, 28 July on the Nasdaq exchange after the closing bell under the ticker 'DUOL'.

Full Answer

When will Duolingo stock start trading?

How to buy shares in Duolingo. Compare share trading platforms. Use our comparison table to help you find a platform that fits you. Open your brokerage account. Complete an application with your details. Confirm your payment details. Fund your account. Research the stock.

How much is a share of Duolingo worth?

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How did Duolingo's sales and marketing expenses stack up in 2021?

 · 52wk Range. $60.50 - $205.00. Volume. 546. Avg Vol. 563,779. P/E (ttm) The company recently reported results from the last three months of 2021, the first full quarter since its stock began ...

Who are the investors in Duolingo?

 · Duolingo is expected to start trading on July 28. The company is offering 5.1 million shares in the IPO at $102 each. Initially, the company planned to offer the shares for …

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Can I buy stock in Duolingo?

Buy Duolingo shares from these brokerages Trade stocks in the app or online with $0 commissions.

Why is Duolingo stock so high?

Duolingo's revenue rose 47% year over year to $81.2 million, besting Wall Street's expectations for sales of $77.6 million. The gains were fueled by a 60% surge in paid subscribers, to 2.9 million. The company's language-learning app is proving popular with students of all ages.

Is Duolingo good buy?

Duolingo has a great product and positive long-term outlook although we see shares as pricey following the recent rally.

Is Duolingo stock overpriced?

By applying a discounted cash flow analysis, a fair market value of $153 is calculated, suggesting that DUOL share price is overvalued at this time.

Is Duolingo an IPO?

Duolingo went public in July and remains above its IPO price. Its growth is decelerating, and it's unprofitable on a GAAP basis.

Is Duolingo profitable?

Despite its excellent financial situation and growing revenue analysis of this industry suggests that Duolingo may never make a profit.

Is Duolingo listed?

Duolingo is now a public company! Duolingo was founded in 2011 to help build a future where high quality education is available to everyone, no matter how much money they have or where they live.

What company owns Duolingo?

Duolingo, IncIt also includes a small variety of constructed languages. Duolingo, Inc....Duolingo.Screenshot Duolingo homepageFounder(s)Luis von Ahn, Severin HackerCEOLuis von AhnIndustryOnline education, Professional certification, Translation, CrowdsourcingServicesLanguage courses, Duolingo English Test, Duolingo for Schools20 more rows

Who invested in Duolingo?

Duolingo investorsDateInvestorsAmountJun 2015Union Square Ventures Kleiner Perkins New Enterprise Associates CapitalG Ashton Kutcher Timothy Ferriss$45mJul 2017Drive Capital$25mDec 2019CapitalG$30m Valuation: $1.5bApr 2020 *General Atlantic$10m8 more rows

Is duolingo an American company?

Duolingo is actually a US-based learning app that was founded by Luis von Ahn and Severin Hacker. The company is headquartered in Pittsburgh, Pennsylvania, United States. Duolingo has experienced immense success since its release and it currently boasts of over 300 million users.

Why did duolingo stock drop?

Duolingo's (DUOL) - Get Duolingo, Inc. Class A Report stock has gotten pummeled in recent months. Dropping over 60% since September of 2021, shares seem to have fallen victim to the market's exodus from higher-risk, growth-heavy tech stocks.

Why is DUOL stock down?

Shares of Duolingo (NASDAQ: DUOL) popped 10.2% in March, according to data provided by S&P Global Market Intelligence. The stock was down sharply early in the month following the release of financial results for 2021. Duolingo primarily generates revenue from operating a language-learning app.

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Market order: Use market orders to quickly buy shares at the current rate. Buy orders execute on the ask and sell orders on the bid.

Is Duolingo profitable in 2020?

On the flipside, prospective buyers should be aware that the company is not profitable, with a net loss of $15.8 million in 2020. However, this figure wasn’t that much worse off than 2019’s net loss of $13.6 million, while the sales haul last year was a significant lift. Presumably, as more people advantage Duolingo’s EdTech service, profitability should arrive down the road.

Is Duolingo an IPO?

That’s where Duolingo, an educational technology (EdTech) firm specializing in language-learning apps, comes into the picture. Commanding a high interest for its initial public offering ( IPO) and subsequent public trading, here’s how you can get involved.

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What is the stock symbol for Duolingo?

Duolingo stock will trade under the ticker symbol “DUOL.” The stock will be listed on the Nasdaq and the company is offering IPO shares at $102.

When was Duolingo founded?

Founded in 2011, Duolingo is an online language learning platform. The company has received at least $182 million in equity investments from NewView Capital, Union Square Ventures, CapitalG, KPCB Holdings, and General Atlantic.

What is Duolingo app?

Duolingo is the leading mobile learnings platform worldwide with more than 500 million downloads. The company claims that it's the top-grossing app in the Education segment on both the Apple App and Google Play Store. Duolingo provides courses in 40 languages to around 40 million monthly active users.

How much will Duolingo lose in 2020?

Duolingo reported a net loss of $15.8 million in 2020 compared to $13.6 million in 2019. Its revenue rose 129 percent YoY to $161.7 million in 2020 and 97 percent YoY to $55.4 million in the first quarter of 2021. As of March 31, 2021, the company had $92.1 million in total liabilities and $117.5 million in cash and cash equivalents.

Where is Duolingo traded?

Duolingo trades on the New York Stock Exchange (NYSE) under the ticker symbol "DUOL."

What is the official website of Duolingo?

The official website for Duolingo is www.duolingo.com.

How much is Duolingo's 2021 revenue?

Duolingo issued an update on its FY 2021 earnings guidance on Wednesday, November, 17th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $244 million-$247 million, compared to the consensus revenue estimate of $240.37 million.

What is the average rating of Duolingo?

Duolingo has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.

Does Duolingo pay dividends?

Duolingo does not currently pay a dividend.

How many times has Duolingo been downloaded?

Duolingo shares an impressive stat in many of its filings: Since the app launched in 2012, it's been downloaded over 500 million times. The company shares this to signal the strength of its brand. However, in sharing this statistic, it's accidentally acknowledging its greatest weakness: customer churn.

How does Duolingo generate revenue?

Duolingo has four ways of generating revenue, the biggest of which is subscription revenue from its Duolingo Plus service. Subscription revenue is attractive for most companies if customer retention is high. In those cases, the company spends heavily on sales and marketing initially, but eventually, it can scale back as it retains customers, leading to operating leverage.

How much of Duolingo's revenue will be spent in 2020?

In 2020, Duolingo spent 22% of its revenue on sales and marketing. In the most recent quarter, that scaled back to just 16% of revenue. But consider that its user base also declined 3% year over year. Since this is inherently a high-churn business, I don't expect Duolingo will ever be able to cut back on spending much more and still maintain the current size of its business. Especially not with competitors like Babbel and Busuu spending to acquire users as well.

How many people use Duolingo?

Consider that Duolingo has less than 40 million active users. This means that of the people who've downloaded the app at some point, more than 90% (!) are no longer active users.

Is Duolingo a language learning platform?

I believe Duolingo's management recognizes the need to be more than just a language-learning platform. Its stated vision when going public was to "diversify the scope of our platform beyond language learning to a variety of subjects, using the same product-focused, mobile-first, gamified approach to education."

Is Duolingo free cash flow?

Its gross margin is expanding, increasing from almost 71% in 2019 to almost 72% in 2020. And it's already free-cash-flow positive .

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