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Duolingo Inc has a consensus price target of $334.73 based on the ratings of 17 analysts. The high is $425 issued by Scotiabank on December 5, 2024. The low is $120 issued by Evercore ISI Group on March 4, 2022. The 3 most-recent analyst ratings were released by Needham, JP Morgan, and B of A Securities on December 19, 2024, December 12, 2024, and December 11, 2024, respectively. With an average price target of $386.67 between Needham, JP Morgan, and B of A Securities, there's an implied 13.91% upside for Duolingo Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Duolingo (NASDAQ:DUOL) was reported by Needham on December 19, 2024. The analyst firm set a price target for $385.00 expecting DUOL to rise to within 12 months (a possible 13.42% upside). 40 analyst firms have reported ratings in the last year.
The latest analyst rating for Duolingo (NASDAQ:DUOL) was provided by Needham, and Duolingo maintained their buy rating.
The last upgrade for Duolingo Inc happened on May 28, 2024 when JMP Securities raised their price target to $260. JMP Securities previously had a market perform for Duolingo Inc.
The last downgrade for Duolingo Inc happened on December 11, 2024 when B of A Securities changed their price target from $355 to $375 for Duolingo Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Duolingo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Duolingo was filed on December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest Duolingo (DUOL) rating was a maintained with a price target of $370.00 to $385.00. The current price Duolingo (DUOL) is trading at is $339.45, which is out of the analyst’s predicted range.
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