Analysts Adjust Earnings Forecasts for Duolingo Amid Positive Market Outlook

Duolingo, Inc. (NASDAQ: DUOL) is attracting attention as analysts revise earnings forecasts for Q4 2024. Seaport Res Ptn has increased its estimate to $0.59 per share, reflecting confidence in the company’s performance. With a consensus estimate of $2.02 for the full year and bullish ratings from firms like JPMorgan and Bank of America, Duolingo’s stock shows potential for growth. As the company continues to innovate in the language learning market, investor interest remains high.