Duolingo (DUOL) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Duolingo in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DUOL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DUOL, but not buy additional shares or sell existing shares.
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8 equities research analysts have issued 12 month target prices for Duolingo's shares. Their DUOL share price forecasts range from $109.00 to $170.00. On average, they anticipate the company's stock price to reach $144.38 in the next year. This suggests that the stock has a possible downside of 5.5%.
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Duolingo's stock was trading at $71.13 on January 1st, 2023. Since then, DUOL stock has increased by 114.7% and is now trading at $152.75.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
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Duolingo, Inc. (NYSE:DUOL) released its quarterly earnings data on Tuesday, August, 8th. The company reported $0.08 EPS for the quarter, topping analysts' consensus estimates of ($0.17) by $0.25. The company had revenue of $126.84 million for the quarter, compared to the consensus estimate of $123.13 million. Duolingo had a negative trailing twelve-month return on equity of 5.58% and a negative net margin of 7.06%.

ETFs with the largest weight of Duolingo (NYSE:DUOL) stock in their portfolio include Gen Z ETF (ZGEN), Global X Education ETF (EDUT), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), BlackRock Future Innovators ETF (BFTR), Invesco Next Gen Media and Gaming ETF (PBS), iShares Virtual Work and Life Multisector ETF (IWFH), Alpha Architect U.S. Quantitative Momentum ETF (QMOM) and SPDR FactSet Innovative Technology ETF (XITK).

Duolingo updated its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $510.00 million-$516.00 million, compared to the consensus revenue estimate of $507.60 million.

(DUOL) raised $460 million in an IPO on Wednesday, July 28th 2021. The company issued 5,106,113 shares at $85.00-$95.00 per share.

Duolingo trades on the New York Stock Exchange (NYSE) under the ticker symbol "DUOL."

Duolingo's stock is owned by a variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (10.41%), BlackRock Inc. (5.66%), Whale Rock Capital Management LLC (3.24%), State Street Corp (1.42%), General Atlantic L.P. (1.41%) and Geode Capital Management LLC (1.39%). Insiders that own company stock include Ahn Luis Von, Durable Capital Partners Lp, Gillian Munson, James H Shelton, Matthew Skaruppa, Natalie Glance, Robert Meese, Sara Clemens, Severin Hacker and Stephen C Chen.
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Shares of DUOL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DUOL stock can currently be purchased for approximately $152.75.

Duolingo (NYSE:DUOL) has a market capitalization of $6.35 billion and generates $369.49 million in revenue each year. The company earns $-59,570,000.00 in net income (profit) each year or ($0.79) on an earnings per share basis.

The company employs 650 workers across the globe.

Duolingo's mailing address is 5900 PENN AVE SECOND FLOOR, PITTSBURGH PA, 15206. The official website for the company is www.duolingo.com. The company can be reached via phone at 412-567-6602 or via email at ir@duolingo.com.