Duolingo (NASDAQ:DUOL) Upgraded at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Duolingo (NASDAQ:DUOL) from an underweight rating to an equal weight rating in a research note published on Wednesday morning, Marketbeat reports. Wells Fargo & Company currently has $120.00 price objective on the stock, up from their previous price objective of $80.00.

Several other equities analysts also recently issued reports on DUOL. Wall Street Zen raised shares of Duolingo from a “sell” rating to a “hold” rating in a research note on Sunday, August 16th. UBS Group upped their price target on Duolingo from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Morgan Stanley reissued a “neutral” rating and set a $140.00 price target on shares of Duolingo in a research report on Friday, October 9th. Barclays lifted their target price on shares of Duolingo from $110.00 to $115.00 and gave the stock an “equal weight” rating in a report on Thursday, August 6th. Finally, KeyCorp upgraded shares of Duolingo from a “hold” rating to an “overweight” rating in a research note on Tuesday, August 18th. Eight analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Duolingo has an average rating of “Hold” and a consensus target price of $145.62.

Duolingo Price Performance

Duolingo stock opened at $160.42 on Wednesday. Duolingo has a 12-month low of $87.89 and a 12-month high of $213.37. The company has a fifty day simple moving average of $145.63 and a 200-day simple moving average of $124.23. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 0.06. The stock has a market cap of $7.51 billion, a P/E ratio of 52.94, a price-to-earnings-growth ratio of 1.11 and a beta of 1.08.

Duolingo (NASDAQ:DUOL) last issued its quarterly earnings results on Tuesday, November 3rd. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.03). The business had revenue of $309.01 million during the quarter, compared to analyst estimates of $303.20 million. Duolingo had a net margin of 35.88% and a return on equity of 12.10%. The company’s revenue was up 13.7% on a year-over-year basis. During the same quarter last year, the firm posted $5.95 earnings per share. Equities analysts expect that Duolingo will post 2.70 EPS for the current fiscal year.

Insider Transactions at Duolingo

In other news, Director William B. Gordon sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $145.67, for a total value of $1,456,700.00. Following the completion of the transaction, the director owned 68,415 shares in the company, valued at $9,966,013.05. This trade represents a 12.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stephen C. Chen sold 8,072 shares of Duolingo stock in a transaction dated 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 transaction, the general counsel owned 43,769 shares of the company’s stock, valued at $6,536,024.77. This trade represents a 15.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 264,440 shares of company stock valued at $39,697,193. Company insiders own 16.62% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Childress Capital Advisors LLC raised its stake in Duolingo by 5.3% during the third quarter. Childress Capital Advisors LLC now owns 1,925 shares of the company’s stock worth $274,000 after purchasing an additional 97 shares during the period. Versant Capital Management Inc raised its holdings in shares of Duolingo by 73.4% during the third quarter. Versant Capital Management Inc now owns 267 shares of the company’s stock worth $38,000 after acquiring an additional 113 shares in the last quarter. Joel Isaacson & Co. LLC raised its stake in shares of Duolingo by 6.5% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,071 shares of the company’s stock valued at $295,000 after buying an additional 127 shares in the last quarter. Root Financial Partners LLC boosted its position in shares of Duolingo by 194.1% in the 1st quarter. Root Financial Partners LLC now owns 250 shares of the company’s stock worth $25,000 after purchasing an additional 165 shares during the last quarter. Finally, Heritage Family Offices LLP acquired a new stake in Duolingo in the third quarter valued at $27,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Key Stories Impacting Duolingo

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Duolingo’s Q3 revenue exceeded expectations, while daily active users grew about 29% and paid subscribers rose nearly 14%. The company also raised its sales outlook, supporting optimism that user engagement can drive future growth. User growth and outlook
• Neutral Sentiment: Analyst reactions are mixed but mostly cautious: Truist lifted its price target to $170 while maintaining Hold, and Scotiabank raised its target to $140 with a Sector Perform rating. The target increases acknowledge improved prospects, but the ratings suggest limited conviction after the recent rebound. Scotiabank rating
• Negative Sentiment: Q3 earnings per share missed analysts’ estimates, and user growth outpacing bookings has renewed questions about monetization and near-term profitability. These concerns could temper the positive growth story. Growth and monetization analysis
• Negative Sentiment: Law firms are publicizing a securities class action alleging misleading statements during May 2025–February 2026. The allegations have not been proven, but the case adds uncertainty. Class action notice
• Negative Sentiment: Duolingo’s general counsel sold shares worth $647,500. The transaction was made under a pre-arranged trading plan, which may lessen its significance, though insider sales can weigh on sentiment. Insider sale details

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.