Barclays Lowers Duolingo (NASDAQ:DUOL) Price Target to $230.00

Duolingo (NASDAQ:DUOL) had its target price cut by research analysts at Barclays from $390.00 to $230.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Barclays‘s price target indicates a potential upside of 14.31% from the stock’s previous close.

Several other analysts have also issued reports on the company. Raymond James Financial restated a “market perform” rating on shares of Duolingo in a research note on Tuesday, August 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Duolingo in a research report on Wednesday, October 8th. Needham & Company LLC cut their target price on shares of Duolingo from $460.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday. Zacks Research lowered Duolingo from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Finally, UBS Group decreased their price target on shares of Duolingo from $500.00 to $450.00 and set a “buy” rating on the stock in a research note on Monday, October 20th. Ten equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $340.53.

Duolingo Stock Up 3.9%

Duolingo stock traded up $7.47 during midday trading on Thursday, reaching $201.21. The stock had a trading volume of 4,329,856 shares, compared to its average volume of 1,862,113. Duolingo has a 1-year low of $182.00 and a 1-year high of $544.93. The firm’s fifty day simple moving average is $297.76 and its 200-day simple moving average is $376.65. The stock has a market capitalization of $9.22 billion, a P/E ratio of 25.50, a price-to-earnings-growth ratio of 1.28 and a beta of 0.83. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.81 and a current ratio of 2.81.

Duolingo (NASDAQ:DUOL) last released its earnings results on Wednesday, November 5th. The company reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $5.23. The business had revenue of $271.71 million for the quarter, compared to analyst estimates of $260.14 million. Duolingo had a return on equity of 14.02% and a net margin of 40.03%.Duolingo’s revenue was up 41.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.49 earnings per share. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts expect that Duolingo will post 2.03 EPS for the current fiscal year.

Insider Activity

In related news, insider Severin Hacker sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $263.13, for a total transaction of $2,631,300.00. Following the completion of the sale, the insider owned 72 shares of the company’s stock, valued at $18,945.36. This trade represents a 99.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, General Counsel Stephen C. Chen sold 1,515 shares of Duolingo stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $321.36, for a total transaction of $486,860.40. Following the completion of the sale, the general counsel directly owned 32,638 shares of the company’s stock, valued at approximately $10,488,547.68. This trade represents a 4.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 83,791 shares of company stock worth $25,649,401. Company insiders own 15.67% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DUOL. Kiker Wealth Management LLC purchased a new position in shares of Duolingo in the 2nd quarter worth about $31,000. Rise Advisors LLC increased its stake in shares of Duolingo by 43.6% during the 1st quarter. Rise Advisors LLC now owns 79 shares of the company’s stock worth $25,000 after purchasing an additional 24 shares during the last quarter. Summit Securities Group LLC bought a new stake in shares of Duolingo in the 1st quarter worth approximately $28,000. Brooklyn Investment Group lifted its stake in Duolingo by 4,750.0% in the first quarter. Brooklyn Investment Group now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 95 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust bought a new position in Duolingo during the second quarter valued at $40,000. 91.59% of the stock is currently owned by institutional investors and hedge funds.

Duolingo Company Profile

Duolingo, Inc operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers courses in 40 different languages, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam.