BUZZ-Duolingo gains as Keybanc upgrades stock on revenue, profitability growth

Reuters
08/18
BUZZ-<a href="https://laohu8.com/S/DUOL">Duolingo</a> gains as Keybanc upgrades stock on revenue, profitability growth

** Shares of language learning platform Duolingo DUOL.O up 2.8% at $336 premarket

** Keybanc Capital Markets upgrades stock to "overweight" from "sector weight", sets price target of $460

** PT represents upside of 41% to stock's Friday's close

** "As user growth persists and subscriber conversion ramps, we believe Duolingo is poised to drive ~30% annual revenue growth and 44% annual EBITDA growth between 2024 and 2027," says Keybanc Capital Markets

** Brokerage says argument is that there are multiple drivers ahead and AI innovations are more likely to help than hurt monetization

** Twenty-four analysts on average rate the stock "Buy"; median PT stands at $492.13 - data compiled by LSEG

** Up to last close, stock had risen 1% this year

Duolingo's paid user base grows steadily https://reut.rs/4m5zjb5

(Reporting by Akash Sriram in Bengaluru)

((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10