The Goldman Sachs Group Issues Pessimistic Forecast for Duolingo (NASDAQ:DUOL) Stock Price

Duolingo (NASDAQ:DUOL) had its price objective decreased by analysts at The Goldman Sachs Group from $425.00 to $250.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. The Goldman Sachs Group’s target price points to a potential upside of 24.25% from the company’s previous close.

A number of other research firms also recently commented on DUOL. Robert W. Baird initiated coverage on Duolingo in a research note on Friday, September 5th. They issued a “neutral” rating and a $280.00 price target for the company. Citigroup lowered shares of Duolingo from a “buy” rating to a “market perform” rating in a report on Thursday. JPMorgan Chase & Co. dropped their target price on shares of Duolingo from $465.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday. KeyCorp lowered shares of Duolingo from an “overweight” rating to a “sector weight” rating in a research report on Thursday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Duolingo in a research note on Wednesday, October 8th. Ten analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Duolingo has an average rating of “Hold” and a consensus target price of $340.53.

Duolingo Trading Up 3.9%

Shares of NASDAQ:DUOL opened at $201.21 on Friday. The company has a market capitalization of $9.22 billion, a P/E ratio of 25.50, a P/E/G ratio of 1.32 and a beta of 0.83. Duolingo has a 1 year low of $182.00 and a 1 year high of $544.93. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.81 and a quick ratio of 2.81. The business’s 50 day simple moving average is $297.76 and its 200 day simple moving average is $376.93.

Duolingo (NASDAQ:DUOL) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $5.95 earnings per share for the quarter, beating the consensus estimate of $0.72 by $5.23. The firm had revenue of $271.71 million during the quarter, compared to analysts’ expectations of $260.14 million. Duolingo had a return on equity of 14.02% and a net margin of 40.03%.The company’s quarterly revenue was up 41.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.49 EPS. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts anticipate that Duolingo will post 2.03 EPS for the current fiscal year.

Insider Activity at Duolingo

In other Duolingo news, insider Severin Hacker sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $288.94, for a total value of $2,889,400.00. Following the sale, the insider owned 72 shares in the company, valued at $20,803.68. This trade represents a 99.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Natalie Glance sold 3,283 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $312.30, for a total transaction of $1,025,280.90. Following the transaction, the insider owned 116,171 shares of the company’s stock, valued at $36,280,203.30. This trade represents a 2.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 83,791 shares of company stock valued at $25,649,401 in the last quarter. Insiders own 15.67% of the company’s stock.

Hedge Funds Weigh In On Duolingo

A number of institutional investors and hedge funds have recently bought and sold shares of DUOL. Vanguard Group Inc. boosted its stake in shares of Duolingo by 3.3% during the second quarter. Vanguard Group Inc. now owns 3,647,951 shares of the company’s stock valued at $1,495,733,000 after purchasing an additional 116,135 shares in the last quarter. Baillie Gifford & Co. raised its holdings in Duolingo by 28.6% in the 3rd quarter. Baillie Gifford & Co. now owns 2,827,834 shares of the company’s stock valued at $910,110,000 after buying an additional 628,943 shares during the last quarter. Invesco Ltd. boosted its position in Duolingo by 24.1% during the 1st quarter. Invesco Ltd. now owns 1,346,278 shares of the company’s stock worth $418,073,000 after buying an additional 261,212 shares during the period. State Street Corp grew its holdings in Duolingo by 0.5% during the 2nd quarter. State Street Corp now owns 1,164,387 shares of the company’s stock worth $477,422,000 after acquiring an additional 6,109 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its position in Duolingo by 110.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 990,903 shares of the company’s stock valued at $307,716,000 after acquiring an additional 520,069 shares during the period. Institutional investors and hedge funds own 91.59% of the company’s stock.

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.