The analyst discusses Duolingo (DUOL) and the challenges it faces, including competition from large language models like ChatGPT-5. He notes the stock traded as high as $535 in May but is now down nearly 50%. Duolingo's Duocon event unveiled features, including LinkedIn integration and chess course expansion, however they were not enough to increase the stock price. It's noted that the company is implementing A/B testing to maximize the lifetime value of each customer. He reviews MAU, DAU and booking information along with revenue projections for the stock in the next 10-15 years and concludes that it needs to grow at least 11 to 12 % per year in order to meet his growth expectations. The analyst believes it will trade for at least $400.