11 Unstoppable Tech Stocks to Invest In

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7. Duolingo, Inc. (NASDAQ:DUOL)

Year-to-Date Performance: 37.64%

Analyst Upside Potential: 7.01%

Number of Hedge Fund Holders: 51

Duolingo, Inc. (NASDAQ:DUOL) is one of the 11 Unstoppable Tech Stocks to Invest in. On June 11, analyst Nathan Feather from Morgan Stanley maintained an Overweight rating on Duolingo, Inc. (NASDAQ:DUOL) with a price target of $515. The analyst sees a “Triple Double” bull case for the company which could result in approximately $2 billion in EBITDA.

Feather sees Duolingo, Inc. (NASDAQ:DUOL) doubling its users, revenue per user, and profits. He notes, that if the company achieves this triple-double scenario its EBITDA would be around $2 billion. He believes the market under-appreciates the chances of this success and the potential of Duolingo, Inc. (NASDAQ:DUOL).

During the fiscal first quarter of 2025, the company grew its daily active users by 49% year-over-year to reach 46.6 million. Whereas the paid subscribers grew by 40% reaching 130.2 million during the same time. As a result, the company reached $230.7 million in revenue, representing a 38% year-over-year increase. Looking ahead, Duolingo, Inc. (NASDAQ:DUOL) expects to grow its bookings by 28.1% to 29.7% in Q2 2025.

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