Duolingo benefits from TikTok ban, sees surge in users learning Mandarin

From Investing.com: 2025-01-29 12:42:00

The threat of a TikTok ban has caused social media stocks to surge, with Duolingo benefiting from users switching to its platform. American users are learning Mandarin to use RedNote, leading to a 216% increase in new Mandarin learners on Duolingo in the U.S. Duolingo has seen a 36% spike in downloads, ranking as the top language learning app for 2025. Their Q3 earnings beat estimates, with strong growth in revenues, paid subscribers, DAU, and MAU. Duolingo issued upside guidance for Q4 revenues, expecting further growth from TikTok users. The rollout of the Gen-AI feature video call on Duolingo Max enhances the learning experience. DUOL stock attempted a bull flag breakout but faced resistance at the peak of the flagpole. Analysts have a consensus price target of $355.36 for DUOL stock.



Read more at Investing.com: Duolingo: An Unexpected Benefactor From the TikTok Ban