Duolingo (NASDAQ:DUOL) Given New $155.00 Price Target at JPMorgan Chase & Co.

Posted by Brenda Bartman on Nov 4th, 2026

Duolingo (NASDAQ:DUOL – Get Free Report) had its price target upped by JPMorgan Chase & Co. from $135.00 to $155.00 in a report released on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential downside of 5.25% from the stock’s previous close.

Other analysts have also issued reports about the stock. Wedbush increased their price target on shares of Duolingo from $150.00 to $155.00 and gave the company a “neutral” rating in a research report on Wednesday. Craig Hallum downgraded shares of Duolingo to a “hold” rating in a research report on Tuesday, August 18th. Wall Street Zen upgraded shares of Duolingo from a “sell” rating to a “hold” rating in a research note on Sunday, August 16th. Weiss Ratings cut shares of Duolingo from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday. Finally, Barclays lifted their price target on shares of Duolingo from $115.00 to $133.00 and gave the stock an “equal weight” rating in a report on Wednesday. Eight investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $137.12.

Check Out Our Latest Research Report on DUOL

Duolingo Stock Up 27.8%

Duolingo stock traded up $35.60 during mid-day trading on Wednesday, reaching $163.60. 5,952,392 shares of the company were exchanged, compared to its average volume of 1,781,785. The business has a fifty day moving average of $144.65 and a 200 day moving average of $124.10. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.72 and a current ratio of 2.72. The firm has a market cap of $7.65 billion, a P/E ratio of 19.27, a PEG ratio of 1.11 and a beta of 1.08. Duolingo has a 12-month low of $87.89 and a 12-month high of $268.97.

Duolingo (NASDAQ:DUOL – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.03). Duolingo had a return on equity of 12.10% and a net margin of 35.88%. The company had revenue of $309.01 million for the quarter, compared to analysts’ expectations of $303.20 million. During the same quarter last year, the company earned $5.95 earnings per share. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. Research analysts anticipate that Duolingo will post 2.62 earnings per share for the current fiscal year.

Insider Activity at Duolingo

In other Duolingo news, Director William Gordon sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $145.67, for a total transaction of $1,456,700.00. Following the sale, the director owned 68,415 shares of the company’s stock, valued at approximately $9,966,013.05. The trade was a 12.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Natalie Glance sold 1,539 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $137.80, for a total transaction of $212,074.20. Following the sale, the insider directly owned 169,111 shares in the company, valued at approximately $23,303,495.80. This represents a 0.90% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 250,740 shares of company stock valued at $37,685,893 over the last 90 days. Company insiders own 16.62% of the company’s stock.

Hedge Funds Weigh In On Duolingo

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DUOL. AlphaCore Capital LLC acquired a new stake in Duolingo during the 3rd quarter worth about $304,000. Fulcrum Asset Management LLP lifted its holdings in shares of Duolingo by 4,167.4% in the 3rd quarter. Fulcrum Asset Management LLP now owns 5,505 shares of the company’s stock valued at $785,000 after buying an additional 5,376 shares during the period. Brighton Jones LLC lifted its holdings in shares of Duolingo by 30.8% in the 3rd quarter. Brighton Jones LLC now owns 8,322 shares of the company’s stock valued at $1,185,000 after buying an additional 1,958 shares during the period. Pictet Asset Management Holding SA lifted its holdings in shares of Duolingo by 6.2% in the 3rd quarter. Pictet Asset Management Holding SA now owns 5,862 shares of the company’s stock valued at $835,000 after buying an additional 341 shares during the period. Finally, Heritage Family Offices LLP purchased a new stake in shares of Duolingo in the third quarter worth about $27,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Key Stories Impacting Duolingo

Here are the key news stories impacting Duolingo this week:

Positive Sentiment: Third-quarter daily active users grew 29% year over year, accelerating to a record pace. Management said key financial metrics were ahead of expectations, and the company raised its revenue outlook. Duolingo Q3 results
Positive Sentiment: Revenue was $309 million, above the roughly $303 million consensus and up 13.7% year over year. Investors also welcomed a better Q4 outlook, including expected bookings growth of 13% and adjusted EBITDA of $84 million. Q4 outlook
Positive Sentiment: AI Video Call costs reportedly declined from about $0.30 to less than $0.01 per call, suggesting improved economics as Duolingo expands the feature to paid subscribers. Long-term investor takeaways
Neutral Sentiment: Analyst views are mixed: Wells Fargo upgraded DUOL from Underweight to Equal Weight and raised its target to $120, while Needham lifted its target to $165. Wells Fargo rating
Negative Sentiment: Duolingo’s $0.54 quarterly EPS missed analyst expectations of about $0.57. Commentary also notes that less aggressive monetization is weighing on near-term financial performance, although management expects a sequential earnings improvement in Q4. Q3 financial analysis
Negative Sentiment: Multiple law firms publicized a securities class action covering investors who bought shares from May 2, 2025, through February 26, 2026. The complaint alleges investor harm; these are allegations, but the litigation adds uncertainty. The lead-plaintiff deadline is December 7, 2026. Class action notice

Duolingo Company Profile

(Get Free Report)

Duolingo, Inc develops technology-based learning products designed to make education accessible and engaging. Its flagship Duolingo mobile and web platform offers gamified courses in languages including Spanish, English, French, German and Japanese, among others. Lessons incorporate interactive exercises, personalized practice and achievement-based features intended to support regular learning.

The company also operates the Duolingo English Test, an online English-proficiency assessment that can be taken remotely and is accepted by educational institutions and other organizations.