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Where Will Duolingo Be in 1 Year?

TheMotleyFool

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Language-learning leader Duolingo (NASDAQ: DUOL) is soaring on the wings of a green owl.

The company's gamified online education services are drawing in tons of active users, assisted by a large cast of cartoon-style characters. The recent first-quarter report showed 130 million monthly active users (MAUs), up 33% year over year. The number of paid subscribers is rising even faster with a 40% jump, also driving robust gains in revenue and profits.

Duolingo's stock price nearly tripled in 52 weeks, including an earnings-inspired 65% surge in the last month alone. At the same time, the company is making some game-changing strategic decisions, doubling down on artificial intelligence (AI) tools and automation.

Source Fool.com

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