Where Duolingo Stands With Analysts
Portfolio Pulse from Benzinga Insights
Duolingo (NASDAQ:DUOL) has been evaluated by 7 analysts over the past three months, with ratings ranging from bullish to bearish. The average 12-month price target is $247.86, a decrease from the previous $261.33. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. Duolingo has shown strong financial performance with a 40.59% revenue growth rate, a net margin of 13.66%, and a low debt-to-equity ratio of 0.07.
August 30, 2024 | 12:00 pm
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NEUTRAL IMPACT
Duolingo has received mixed analyst ratings with a new average price target of $247.86, down 5.15% from the previous target. Despite this, Duolingo's financial performance remains strong with significant revenue growth and efficient cost management.
The mixed analyst ratings and decreased price target suggest a neutral short-term impact on Duolingo's stock price. However, the company's strong financial performance, including high revenue growth and efficient cost management, may offset the negative sentiment from the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100