DUOL → $200.00 by Aug 7, 2026.

About 2 weeks ago, I invested 2m into SaaS stocks, after rebalancing, $800k of that is now in Duolingo stock following the reaction to its earnings report. The so-called ‘SaaSpocalypse’ implies most software stocks will get disrupted by AI or get cheaper as software gets commoditised. In this bear case, it is the businesses that iterate on AI and sit on the data needed to run AI apps that are said to win. Duolingo is currently a front-runner in both …