Duolingo Downgraded Despite Executing 'Exceptionally Well,' Analyst Warns Of Risk/Reward Imbalance
Duolingo Downgraded Despite Executing 'Exceptionally Well,' Analyst Warns Of Risk/Reward Imbalance
Shares of Duolingo Inc (NASDAQ:DUOL) came under pressure in early trading on Monday.
Duolingo Inc（NASDAQ: DUOL）的股票在週一早盤受到壓力。
The stock has risen by 78% since the second-quarter earnings release, which makes the risk/reward negative, despite the company likely to report strong results for the third quarter, according to JMP Securities.
自第二季度業績發佈以來，該股上漲了78％，這使得風險/回報變爲負面，儘管該公司可能會在第三季度報告堅實的成績，據JMP Securities稱。
Analyst Andrew Boone downgraded the rating for Duolingo from Market Outperform to Market Perform.
分析師Andrew Boone將Duolingo的評級從市場表現優異調降至市場表現。
The Duolingo Thesis: Management seems likely to continue to "execute exceptionally well," Boone said in the downgrade note.
Duolingo論點：Boone在降級說明中稱，管理團隊似乎有望繼續「執行得異常出色」。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
"The company is going through a significant product cycle with Video Calls unlocking both new experiences for learners and improving conversion," he added.
「公司正在經歷重要的產品週期，視頻通話正在爲學習者提供全新體驗並提高轉化率，」他補充道。
Duolingo can top the current consensus estimates, given its ability to sustain growth, its "compounding product improvements," AI unlocking conversational learning and gains in "advanced learners" still being in early stages, the analyst said.
由於Duolingo有能力維持增長，其「複合產品改進」，人工智能解鎖對話學習以及在「愛文思控股學習者」中獲得增長的早期階段，該公司可能超過目前的共識預期，該分析師表示。
He added, however, that the current stock valuation already reflects "Duolingo's newer product initiatives."
然而，他補充說，當前股價估值已經體現了「Duolingo的新產品舉措」。
While historically, about 50% of the company's user growth came from new users, its growth is now "more dependent on resurrected users, especially in high monetization markets," Boone further wrote.
歷史上，公司用戶數增長約50%來自新用戶，現在公司增長更多地依賴於「復活用戶」，尤其是在高盈利市場，Boone進一步寫道。
DUOL Price Action: Shares of Duolingohad declined by 0.6% to $288.02 at the time of publication on Monday.
多樂股票走勢：週一發佈時，多樂股價下跌0.6%，至288.02美元。
Read More:
閱讀更多：
- Duolingo Stock Soars On Target Hikes: Is A Short Squeeze Brewing?
- 多鄰國股價飆升，目標價上調：是否正在醞釀一場空頭擠壓？
Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。
