Duolingo Charms Wall Street With Viral Surge, AI Power, Soaring Subscriptions
1. Duolingo exceeded Q1 revenue expectations with $230.74 million, growing 38%. 2. Analysts raised DUOL's price target, reflecting strong subscription growth. 3. Paid subscribers rose to 10.3 million, surpassing estimates of 10.12 million. 4. Q2 revenue projected between $238.50-$241.50 million, above consensus. 5. DUOL shares surged 18.5% after the positive earnings report.