Duolingo jumps after upbeat 2025 outlook

Duolingo's DUOL.O shares up 9.3% premarket to $437.10 after language learning app's raised 2025 forecasts please

DUOL shares on course for 9th straight day of gains and near record high levels hit in Feb

Pittsburgh, Pennsylvania-based firm late Thurs projected Q2 rev of $238.5-$241.5 mln, topping LSEG estimate of $233.8 mln

For 2025, it sees rev of $987-$996 mln, up from prior forecast of $962.5-$978.5 mln, and raised its adj core profit as co employs tools to make its AI models more efficient

JP Morgan hiked its PT from $360 to $500, in a tie for Street-high, per LSEG

Remain bullish on DUOL's GenAI innovation, potential 2H daily active user growth re-acceleration, deepening Max monetization - JPM

UBS raised its PT from $400 to $500, and points to co's expected roll out of Chess courses in coming weeks, which should add "another strong lever to the non-language learning segment"

14 of 23 brokerages rate DUOL "strong buy" or "buy", rest "hold"; median PT of $403 up from $370 on Feb 2, according to latest LSEG data

Through Thurs close, stock up 23% YTD