Duolingo (NASDAQ:DUOL – Get Free Report) was upgraded by equities researchers at Wells Fargo & Company from an “underweight” rating to an “equal weight” rating in a research report issued on Wednesday, Briefing.com reports. The firm currently has a $120.00 price target on the stock. Wells Fargo & Company‘s target price would suggest a potential downside of 6.25% from the stock’s current price.
Other equities analysts have also issued reports about the company. The Goldman Sachs Group increased their price objective on Duolingo from $114.00 to $135.00 and gave the company a “neutral” rating in a research report on Monday, October 26th. KeyCorp upgraded Duolingo from a “hold” rating to an “overweight” rating in a research report on Tuesday, August 18th. Morgan Stanley reaffirmed a “neutral” rating and issued a $140.00 target price on shares of Duolingo in a research note on Friday, October 9th. Truist Financial increased their price target on shares of Duolingo from $100.00 to $120.00 and gave the company a “hold” rating in a research report on Thursday, August 6th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Duolingo from $125.00 to $135.00 and gave the stock a “neutral” rating in a research note on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $130.69.
Check Out Our Latest Stock Report on Duolingo
Duolingo Stock Down 5.4%
DUOL stock opened at $128.00 on Wednesday. The stock has a 50-day simple moving average of $144.65 and a two-hundred day simple moving average of $124.10. Duolingo has a twelve month low of $87.89 and a twelve month high of $268.97. The firm has a market capitalization of $5.99 billion, a PE ratio of 15.17, a PEG ratio of 1.11 and a beta of 1.08. The company has a quick ratio of 2.72, a current ratio of 2.72 and a debt-to-equity ratio of 0.06.
Duolingo (NASDAQ:DUOL – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.54 earnings per share (EPS) 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 business had revenue of $309.01 million during the quarter, compared to analysts’ expectations of $303.20 million. During the same quarter last year, the business posted $5.95 EPS. The company’s quarterly revenue was up 13.7% on a year-over-year basis. On average, equities analysts predict that Duolingo will post 2.62 EPS for the current fiscal year.
Insider Buying and Selling
In other news, Director William B. Gordon sold 10,000 shares of the firm’s stock in a transaction dated 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 $9,966,013.05. This trade represents a 12.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stephen C. Chen sold 8,072 shares of Duolingo stock in a transaction on Monday, September 14th. The stock was sold at an average price of $149.33, for a total value of $1,205,391.76. Following the completion of the sale, the general counsel directly owned 43,769 shares of the company’s stock, valued at $6,536,024.77. The trade was a 15.57% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 250,740 shares of company stock valued at $37,685,893. 16.62% of the stock is owned by company insiders.
Institutional Trading of Duolingo
Hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC raised its stake in Duolingo by 30.8% during the 3rd quarter. Brighton Jones LLC now owns 8,322 shares of the company’s stock valued at $1,185,000 after purchasing an additional 1,958 shares during the period. Pictet Asset Management Holding SA boosted its stake in Duolingo by 6.2% in the 3rd quarter. Pictet Asset Management Holding SA now owns 5,862 shares of the company’s stock worth $835,000 after purchasing an additional 341 shares during the period. Heritage Family Offices LLP bought a new position in Duolingo in the 3rd quarter worth approximately $27,000. Chicago Partners Investment Group LLC boosted its stake in Duolingo by 23.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 5,155 shares of the company’s stock worth $737,000 after purchasing an additional 964 shares during the period. Finally, Provenance Wealth Advisors LLC purchased a new stake in Duolingo during the 3rd quarter valued at approximately $30,000. 91.59% of the stock is owned by hedge funds and other institutional investors.
Key Duolingo News
Here are the key news stories impacting Duolingo this week:
- Positive Sentiment: Duolingo said daily active users grew 29% year over year, with growth accelerating, and that its key financial metrics were ahead of expectations. Revenue of $309.0 million also exceeded analysts’ estimate of $303.2 million. Duolingo Reports Third Quarter 2026 Results
- Neutral Sentiment: Several law firms reiterated that investors have until December 7 to seek lead-plaintiff status in a pending securities class action concerning shares bought from May 2, 2025, through February 26, 2026. The firms’ notices largely repeat existing litigation developments. Rosen Law Firm investor notice
- Negative Sentiment: Q3 EPS was $0.54, below estimates ranging from $0.55 to $0.57 and down from $0.95 a year earlier. The shortfall may have disappointed investors despite the revenue beat. Duolingo Q3 earnings miss estimates
- Negative Sentiment: The pending lawsuit and repeated law-firm outreach add reputational and potential legal-cost uncertainty. The allegations have not been established in court. Pomerantz investor alert
About Duolingo
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.
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