Streetbeat News

DUOL

Duolingo, Inc.

https://www.duolingo.com

Industry

Software - Application

Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, Chinese, Portuguese, and others. It also provides a digital language proficiency assessment exam. The company was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania.

Open

318.70

Mkt cap

14B

Volume

672K

High

330.61

P/E Ratio

178.63

52-wk high

330.61

Low

314.63

Div yield

N/A

52-wk low

145.05

JPMorgan analyst Bryan M. Smilek maintains an Overweight rating on Duolingo Inc (NASDAQ:DUOL) with a price target of $270, indicating a 25% upside. Despite concerns over a potential TikTok ban in the U.S., Smilek believes Duolingo's growth will not be affected due to its focus on product innovation and word of mouth for user acquisition. He highlights Duolingo's strong user and paid subscription growth, revenue expansion, and margin improvement, projecting significant growth and scalability for the company.

Portfolio Pulse from Surbhi Jain

March 19, 2024 | 1:29 pm

Duolingo Inc (NASDAQ:DUOL) shares rose after reporting better-than-expected Q4 results, with JPMorgan highlighting its growth potential. Analyst Bryan Smilek initiated coverage with an Overweight rating and a $270 price target, citing sustainable revenue growth and strong user growth prospects driven by product optimizations and a social-first marketing strategy. Smilek also noted Duolingo's potential for long-term pricing power through premium GenAI-powered features.

Portfolio Pulse from Priya Nigam

March 11, 2024 | 3:44 pm

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.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:00 pm

JP Morgan analyst Bryan Smilek initiates coverage on Duolingo (NASDAQ:DUOL) with an Overweight rating and a price target of $270.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 10:00 am

Needham analyst Ryan MacDonald maintains a Buy rating on Duolingo (NASDAQ:DUOL) and raises the price target from $210 to $241.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 8:32 pm

Butterfly Network, Inc. (BFLY) shares fell by 22% after reporting a larger-than-expected GAAP loss for Q4, despite beating sales estimates. Other stocks experienced significant movements, with Enveric Biosciences, Inc. (ENVB) and Societal CDMO, Inc. (SCTL) among the top gainers, while J-Long Group Limited (JL) and Golden Minerals Company (AUMN) led the losers.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 7:00 pm

The article reports on the intraday movement of 12 consumer discretionary stocks, highlighting significant gainers and losers. Notable gainers include Bright Scholar Education, Volcon, Aterian, Latham Group, Duolingo, and Landsea Homes, with Duolingo and Landsea Homes releasing their Q4 earnings. Major losers were J-Long Group, NWTN, WW International, FIGS, Interactive Strength, and Vacasa, with several also reporting their Q4 earnings.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 5:32 pm

Hormel Foods Corporation reported better-than-expected Q1 earnings, leading to a 12.6% stock increase. Other companies like Vertex, Tutor Perini, C3.ai, and Pure Storage also saw significant gains after reporting strong financial results or guidance. Sterling Check Corp announced an acquisition by First Advantage, and Avidity Biosciences announced a $400 million private placement.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 4:30 pm

B of A Securities analyst Nat Schindler maintains a Neutral rating on Duolingo (NASDAQ:DUOL) and raises the price target from $230 to $260.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 3:41 pm

Top Wall Street analysts have updated their price targets and ratings for several US-listed companies, including NVIDIA, Okta, Bandwidth, Pure Storage, Macy's, Salesforce, Western Midstream Partners, Duolingo, Patterson Companies, and Sonic Automotive. The changes include both upgrades and downgrades, with significant price target adjustments reflecting analysts' revised expectations for these companies.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 3:40 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.