A Glimpse Into The Expert Outlook On Duolingo Through 11 Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 11 analysts have evaluated Duolingo (NASDAQ:DUOL), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $265.55, with a high of $310.00 and a low of $183.00. Recent analyst actions include several rating raises and a few lowers, reflecting changing market conditions and company performance. Duolingo has shown strong financial performance with a 40.59% revenue growth rate, impressive net margins, and efficient debt management.
September 25, 2024 | 4:01 pm
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Duolingo has received mixed analyst ratings, with a majority being bullish or somewhat bullish. The average price target has increased slightly, indicating positive sentiment. Duolingo's strong financial performance, including a 40.59% revenue growth rate and impressive net margins, supports this outlook.
The majority of analysts have a bullish or somewhat bullish outlook on Duolingo, with an increased average price target. This, combined with Duolingo's strong financial performance, suggests a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100