Opinions
Jim Cramer - Mad Money
Duolingo
DUOL-Q
DON'T BUY
Apr 19, 2023
$140.255
Stock price when the opinion was issued
Technology
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BUY
It went public in July. Their language-learning app has been downloaded more than half-million times with 42 million monthly active users. But the stock has been a rollercoaster. Earlier this week, they reported another strong quarter: almost 60% bookings growth and they nearly broke even on an adjusted EBITDA basis. But the stock rebounded only 2% yesterday. Could be a buying opportunity.
Technology
Advertising
Up 39% since 2021 IPO. Did poorly last year, but strong this. It won't be profitable until 2025.