Duolingo (NASDAQ:DUOL) Stock Price Expected to Rise, Truist Financial Analyst Says

Duolingo (NASDAQ:DUOL) had its price target boosted by research analysts at Truist Financial from $120.00 to $170.00 in a report released on Thursday, Benzinga reports. The firm presently has a “hold” rating on the stock. Truist Financial‘s price objective would suggest a potential upside of 4.74% from the stock’s previous close.

A number of other equities research analysts have also weighed in on the stock. Weiss Ratings lowered shares of Duolingo from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday. Needham & Company LLC boosted their target price on shares of Duolingo from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday. Bank of America reaffirmed an “underperform” rating and set a $108.00 price objective on shares of Duolingo in a research note on Thursday. The Goldman Sachs Group set a $128.00 price target on shares of Duolingo in a research report on Wednesday. Finally, Barclays boosted their target price on shares of Duolingo from $115.00 to $133.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Eight research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Duolingo has an average rating of “Hold” and a consensus target price of $145.62.

Duolingo Stock Performance

Shares of Duolingo stock traded up $1.04 on Thursday, reaching $162.31. 537,079 shares of the stock were exchanged, compared to its average volume of 1,794,309. The business has a 50 day moving average price of $144.95 and a two-hundred day moving average price of $124.13. The firm has a market capitalization of $7.59 billion, a price-to-earnings ratio of 53.63, a PEG ratio of 1.05 and a beta of 1.08. The company has a quick ratio of 2.72, a current ratio of 2.72 and a debt-to-equity ratio of 0.06. Duolingo has a twelve month low of $87.89 and a twelve month high of $213.37.

Duolingo (NASDAQ:DUOL) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.03). Duolingo had a net margin of 12.33% and a return on equity of 10.54%. The business had revenue of $309.01 million during the quarter, compared to analyst estimates of $303.20 million. During the same period in the previous year, the business posted $5.95 earnings per share. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. Analysts anticipate that Duolingo will post 2.62 earnings per share for the current fiscal year.

Insider Activity at Duolingo

In other Duolingo news, Director William B. Gordon sold 10,000 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $145.67, for a total value of $1,456,700.00. Following the completion of the sale, the director directly owned 68,415 shares of the company’s stock, valued at approximately $9,966,013.05. This represents a 12.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stephen C. Chen sold 8,072 shares of the company’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $149.33, for a total value of $1,205,391.76. Following the sale, the general counsel directly owned 43,769 shares of the company’s stock, valued at approximately $6,536,024.77. This represents a 15.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 260,740 shares of company stock worth $39,049,693. 16.62% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Duolingo

Several institutional investors and hedge funds have recently added to or reduced their stakes in DUOL. Heritage Family Offices LLP bought a new position in Duolingo in the 3rd quarter worth approximately $27,000. Provenance Wealth Advisors LLC acquired a new stake in shares of Duolingo during the 3rd quarter valued at about $30,000. Root Financial Partners LLC grew its stake in shares of Duolingo by 194.1% in the 1st quarter. Root Financial Partners LLC now owns 250 shares of the company’s stock valued at $25,000 after purchasing an additional 165 shares during the period. Versant Capital Management Inc boosted its stake in shares of Duolingo by 73.4% in the 3rd quarter. Versant Capital Management Inc now owns 267 shares of the company’s stock valued at $38,000 after purchasing an additional 113 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Duolingo during the 2nd quarter worth about $34,000. 91.59% of the stock is currently owned by institutional investors and hedge funds.

Duolingo News Summary

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Q3 revenue of $309.0 million topped estimates of $303.2 million. Daily active users grew 29% year over year to 153.1 million, while paid subscribers rose 13.9%—evidence that engagement and subscriptions are expanding. Duolingo Q3 results
• Positive Sentiment: Management’s outlook added support, with Q4 bookings expected to grow 13% and adjusted EBITDA projected at $84 million. Lower costs for AI Video Calls may also help the company expand the feature to paid subscribers. Q4 outlook and Video Call rollout
• Neutral Sentiment: Wells Fargo upgraded DUOL from Underweight to Equal Weight and raised its price target to $120 from $80. The improved rating is a positive shift, though the target remains well below the recent share price. Wells Fargo rating update
• Negative Sentiment: Q3 EPS of $0.54 fell short of the $0.57 consensus. Director William Gordon also sold 10,000 shares, although the transaction was made under a pre-arranged Rule 10b5-1 plan, which may make it less indicative of a discretionary view on the stock. Director share sale
• Negative Sentiment: Multiple law firms are publicizing a securities class action covering shares purchased between May 2, 2025, and February 26, 2026, with a December 7 lead-plaintiff deadline. The claims are allegations, not established findings, but the case could create legal costs and uncertainty. Class action notice

Duolingo Company Profile

Duolingo, Inc develops technology-based learning products designed to make education accessible and engaging. Its flagship Duolingo mobile and web platform offers gamified courses in languages including Spanish, English, French, German and Japanese, among others. Lessons incorporate interactive exercises, personalized practice and achievement-based features intended to support regular learning.

The company also operates the Duolingo English Test, an online English-proficiency assessment that can be taken remotely and is accepted by educational institutions and other organizations.