Duolingo (DUOL) Stock Forecast & Price Target

$222.66
+7.82 (+3.64%)
(As of 04/26/2024 ET)

Duolingo Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 11 Analyst Ratings

Analysts' Consensus Price Target

$245.13
10.09% Upside
High Forecast$282.00
Average Forecast$245.13
Low Forecast$190.00
TypeCurrent Forecast
4/28/23 to 4/27/24
1 Month Ago
3/29/23 to 3/28/24
3 Months Ago
1/28/23 to 1/28/24
1 Year Ago
4/28/22 to 4/28/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
5 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$245.13$235.11$176.78$131.13
Predicted Upside10.09% Upside13.76% Upside7.22% Upside19.32% Upside
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DUOL Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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DUOL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Duolingo Stock vs. The Competition

TypeDuolingoBusiness Services CompaniesS&P 500
Consensus Rating Score
2.36
2.62
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside10.09% Upside209.60% Upside10.52% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/11/2024JPMorgan Chase & Co.
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 Initiated CoverageOverweight$270.00+26.45%
2/29/2024Needham & Company LLC
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 Boost TargetBuy ➝ Buy$210.00 ➝ $241.00+2.91%
2/29/2024Bank of America
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 Boost TargetNeutral ➝ Neutral$230.00 ➝ $260.00+11.39%
2/29/2024The Goldman Sachs Group
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 Boost TargetSell ➝ Sell$160.00 ➝ $190.00-17.55%
2/29/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$173.00 ➝ $243.00+24.29%
2/29/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$217.00 ➝ $282.00+44.24%
2/29/2024UBS Group
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 Boost TargetBuy ➝ Buy$230.00 ➝ $275.00+40.66%
2/27/2024Seaport Res Ptn
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A. Kessler
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Reiterated RatingBuy
10/12/2023Evercore ISI
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 Boost Target$180.00 ➝ $200.00+14.56%
8/28/2023Raymond James
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 Initiated CoverageMarket Perform
6/20/2023Wolfe Research
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 Initiated CoverageMarket Perform
6/7/2023JMP Securities
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 DowngradeOutperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:37 AM ET.

DUOL Price Target - Frequently Asked Questions

What is Duolingo's consensus rating and price target?

According to the issued ratings of 11 analysts in the last year, the consensus rating for Duolingo stock is Hold based on the current 1 sell rating, 5 hold ratings and 5 buy ratings for DUOL. The average twelve-month price prediction for Duolingo is $245.13 with a high price target of $282.00 and a low price target of $190.00. Learn more on DUOL's analyst rating history.

Do Wall Street analysts like Duolingo more than its competitors?

Analysts like Duolingo less than other Business Services companies. The consensus rating for Duolingo is Hold while the average consensus rating for business services companies is Moderate Buy. Learn more on how DUOL compares to other companies.

Does Duolingo's stock price have much upside?

According to analysts, Duolingo's stock has a predicted upside of 15.96% based on their 12-month stock forecasts.

What analysts cover Duolingo?

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This page (NASDAQ:DUOL) was last updated on 4/27/2024 by MarketBeat.com Staff

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