Duolingo's Trading Volume Drops 31.54% to $372 Million, Ranks 284th in Daily Volume

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 30, 2025 8:00 pm ET1min read
DUOL--

On April 30, 2025, Duolingo's trading volume reached $372 million, marking a 31.54% decrease from the previous day. The stock ranked 284th in terms of trading volume for the day. Duolingo's stock price increased by 1.13%, marking its seventh consecutive day of gains, with a total increase of 23.23% over the past week.

Duolingo is set to release its earnings report after the market closes tomorrow. Analysts anticipate the company to report revenue of $223.1 million, reflecting a 33.1% year-over-year growth, although this is a slowdown from the 44.9% increase recorded in the same quarter last year. Adjusted earnings are projected to be $1.20 per share.

Duolingo's management has provided revenue guidance for the fiscal year 2025, with a midpoint estimate of $970.5 million, surpassing analyst estimates by 0.7% and indicating a 29.7% growth. This guidance suggests a positive outlook for the company's financial performance.

Duolingo has recently launched 148 AI-powered language courses, significantly expanding its offerings and making language learning more accessible to over 1 billion potential users. This initiative leverages AI to create courses in languages such as Japanese and Korean, demonstrating the company's commitment to innovation and growth.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet