Where Duolingo Stands With Analysts
Portfolio Pulse from Benzinga Insights
Duolingo (NASDAQ:DUOL) has been analyzed by 8 analysts in the last three months, showing a diverse range of perspectives. The average 12-month price target for DUOL is $240.12, with a high estimate of $282.00 and a low of $160.00, marking an 18.09% increase from the previous average of $203.33. Analysts from firms including JP Morgan, Needham, B of A Securities, Goldman Sachs, Barclays, Piper Sandler, and UBS have updated their ratings and price targets, reflecting a positive outlook on Duolingo's financial performance, which boasts a revenue growth rate of 45.42%, a net margin of 8.03%, and a debt-to-equity ratio of 0.04.
March 11, 2024 | 3:00 pm
News sentiment analysis
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POSITIVE IMPACT
Duolingo has received diverse analyst ratings with an updated average 12-month price target of $240.12, reflecting a positive sentiment. The company's strong financial performance, including a significant revenue growth rate and a healthy debt-to-equity ratio, supports a bullish outlook.
The increase in the average 12-month price target for Duolingo, along with positive adjustments in ratings and price targets by several analysts, indicates a bullish sentiment towards the stock. The company's impressive financial performance, including high revenue growth and profitability metrics, further supports this outlook. Given these factors, DUOL's stock price is likely to experience a positive short-term impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100