Based on ratings from 2 stock analysts, the Duolingo, Inc. stock price is expected to increase by 11.9% in 12 months. This is calculated by using the average 12-month stock price forecast for Duolingo, Inc.. The lowest target is $160.00 and the highest is $230.00. Please note analyst price targets are not guaranteed and could be missed completely.
About 2 Wall Street analysts have assigned DUOL 0 buy ratings, 1 hold ratings, and 1 sell ratings. This means that analysts expect Duolingo, Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DUOL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
justin patterson KeyBanc | Hold | None | maintained | Feb 13, 2024 |
andrew boone JMP Securities | Hold | None | maintained | Jan 30, 2024 |
eric sheridan Goldman Sachs | Sell | $160.0 | downgraded | Jan 19, 2024 |
curtis nagle Bank of America Securities | Hold | $230.0 | maintained | Jan 10, 2024 |
ross sandler Barclays | Hold | $173.0 | maintained | Nov 10, 2023 |
ryan macdonald Needham | Buy | $210.0 | maintained | Nov 9, 2023 |
arvind ramnani Piper Sandler | Buy | $217.0 | rated | Nov 9, 2023 |
mark mahaney Evercore ISI | Buy | $200.0 | maintained | Oct 12, 2023 |
chris kuntarich UBS | Buy | $195.0 | initiatedcoverage | Sep 28, 2023 |
alexander sklar Raymond James | Hold | None | initiatedcoverage | Aug 28, 2023 |
zachary morrissey Wolfe Research | Hold | None | initiatedcoverage | Jun 20, 2023 |
nat schindler Bank of America Securities | Buy | $160.0 | reiterated | May 10, 2023 |
aaron kessler Raymond James | Buy | $151.0 | maintained | May 10, 2023 |
ronald josey Citigroup | Buy | $160.0 | initiatedcoverage | Aug 23, 2021 |
ralph schackart William Blair | Buy | None | initiatedcoverage | Aug 23, 2021 |
mike ng Goldman Sachs | Hold | $125.0 | initiatedcoverage | Aug 23, 2021 |
Duolingo, Inc. operates as a mobile learning platform in the United States, China, 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 language proficiency assessment exam. The company was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania.
When did it IPO
2021
Staff Count
650
Country
United States
Sector/Industry
Technology/Software—Application
CEO
Dr. Luis Alfonso von Ahn Arellano Ph.D.
Market Cap
$7.56B
In 2023, DUOL generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that DUOL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
CYTK-USD
$76.5
$41.06
ACHC-USD
$84.63
$73.7
APLS-USD
$67.59
LYFT-USD
$17.91