Why Duolingo Deserves a second chance Now
Those who want to bet on market leadership in the digital education sector and can endure the necessary volatility currently find a significantly better risk-reward ratio than six months ago.
Reading Time: 2 minutes
Duolingo's stock has been battered over the past few months and is now trading nearly 80% below its peak. It's time to take a closer look, as the company is transitioning from a pure hype stock to one with solid growth. For a long time, triple-digit P/E ratios deterred rational thinkers. However, the massive decline in price, coupled with earnings growth, has fundamentally changed this picture. The current P/E ratio of 15 has sunk to levels that seem almost cheap for a company with a gross margin of over 70% and stable revenue growth. A pivotal...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
