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Duolingo Inc has a consensus price target of $301.5 based on the ratings of 16 analysts. The high is $408 issued by UBS on November 14, 2024. The low is $120 issued by Evercore ISI Group on March 4, 2022. The 3 most-recent analyst ratings were released by UBS, DA Davidson, and JP Morgan on November 14, 2024, November 7, 2024, and November 7, 2024, respectively. With an average price target of $372.67 between UBS, DA Davidson, and JP Morgan, there's an implied 16.46% 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 UBS on November 14, 2024. The analyst firm set a price target for $408.00 expecting DUOL to rise to within 12 months (a possible 27.50% upside). 37 analyst firms have reported ratings in the last year.
The latest analyst rating for Duolingo (NASDAQ:DUOL) was provided by UBS, 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 November 7, 2024 when Seaport Global changed their price target from N/A to N/A 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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Duolingo (DUOL) rating was a maintained with a price target of $355.00 to $408.00. The current price Duolingo (DUOL) is trading at is $320.00, which is out of the analyst’s predicted range.
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