BofA Securities analyst Curtis Nagle maintains $Duolingo (DUOL.US)$ with a buy rating, and maintains the target price at $298.
According to TipRanks data, the analyst has a success rate of 47.5% and a total average return of -2.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Duolingo (DUOL.US)$'s main analysts recently are as follows:
Following Duolingo's annual conference, DuoCon 2024, which highlighted the introduction of two new advanced AI-powered features to its premium Max tier subscription, there is a heightened confidence in the company's potential for earnings growth.
Following Duocon 2024, it's assessed that Duolingo is utilizing generative artificial intelligence to meet its objective of instructing with the same effectiveness as a human tutor. The integration of generative AI is revolutionizing the learning experience, enhancing the pace of product enhancements and content creation, improving teaching effectiveness, and promoting cost savings.
Note:
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