Duolingo, Inc. (NASDAQ:DUOL) Given Average Rating of “Hold” by Analysts

Duolingo, Inc. (NASDAQ:DUOL) has been given an average recommendation of “Hold” by the twenty-three brokerages that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $206.3158.

A number of research analysts have recently issued reports on the company. UBS Group set a $245.00 target price on Duolingo in a research report on Monday, January 5th. Citigroup reissued a “neutral” rating and issued a $101.00 price target (down from $270.00) on shares of Duolingo in a report on Friday, February 27th. Scotiabank restated a “sector perform” rating and set a $100.00 price objective (down from $300.00) on shares of Duolingo in a research report on Friday, February 27th. Argus reaffirmed a “hold” rating on shares of Duolingo in a report on Wednesday, March 18th. Finally, Needham & Company LLC dropped their target price on shares of Duolingo from $300.00 to $145.00 and set a “buy” rating on the stock in a research report on Friday, February 27th.

Insider Transactions at Duolingo

In other news, Director James H. Shelton acquired 5,000 shares of Duolingo stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average cost of $99.76 per share, with a total value of $498,800.00. Following the purchase, the director owned 9,632 shares in the company, valued at $960,888.32. This trade represents a 107.94% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert Meese sold 1,000 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $110.06, for a total value of $110,060.00. Following the completion of the transaction, the insider owned 122,636 shares in the company, valued at $13,497,318.16. The trade was a 0.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 14,939 shares of company stock worth $1,676,291 in the last three months. 18.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Duolingo

Large investors have recently modified their holdings of the business. Osbon Capital Management LLC purchased a new position in Duolingo during the fourth quarter worth approximately $84,000. Caitong International Asset Management Co. Ltd acquired a new position in Duolingo during the fourth quarter worth $73,000. Virtu Financial LLC purchased a new stake in Duolingo in the 4th quarter valued at $4,282,000. Alpine Woods Capital Investors LLC purchased a new stake in Duolingo in the 4th quarter valued at $333,000. Finally, Vident Advisory LLC increased its stake in shares of Duolingo by 5.8% in the 4th quarter. Vident Advisory LLC now owns 2,647 shares of the company’s stock worth $465,000 after acquiring an additional 145 shares during the last quarter. Hedge funds and other institutional investors own 91.59% of the company’s stock.

More Duolingo News

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Promotion to bolster DET marketing: Duolingo elevated Tara Kapur to Director / Head of Marketing for the Duolingo English Test — this strengthens leadership focused on revenue-driving test product marketing. Duolingo elevates Tara Kapur to Director of Marketing, Duolingo English Test
• Positive Sentiment: Product/engagement experiment: Duolingo is trialing a tool that can lock other apps until users complete daily lessons — a move aimed at increasing daily active use and retention if broadly adopted. Duolingo experiments with tool to lock other apps until daily lessons are complete
• Neutral Sentiment: Short-interest reporting appears to be a data glitch: several March short-interest entries show “0 shares” and NaN changes across different filings — this looks like a reporting/aggregation error rather than meaningful new bearish positioning, but it can create temporary market noise. (Multiple short-interest releases dated March 23–24.)
• Neutral Sentiment: Market commentary: A recent note highlighted that DUOL recently outperformed the market intraday — useful context but not a driver of fundamentals. Duolingo, Inc. (DUOL) Exceeds Market Returns: Some Facts to Consider
• Negative Sentiment: Shareholder litigation alert: Faruqi & Faruqi announced an investigation into Duolingo on behalf of investors — such probes can weigh on sentiment and introduce legal risk or potential settlements. DUOL SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Duolingo

Duolingo Stock Performance

Shares of DUOL stock opened at $97.68 on Wednesday. The company has a market capitalization of $4.52 billion, a P/E ratio of 11.46, a P/E/G ratio of 0.69 and a beta of 0.90. The business’s 50 day moving average is $118.09 and its two-hundred day moving average is $197.18. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.07. Duolingo has a 12-month low of $91.99 and a 12-month high of $544.93.

Duolingo (NASDAQ:DUOL) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.79 by $0.12. The company had revenue of $282.87 million for the quarter, compared to analyst estimates of $275.95 million. Duolingo had a return on equity of 14.88% and a net margin of 39.91%.Duolingo’s revenue was up 35.0% on a year-over-year basis. Analysts expect that Duolingo will post 2.03 EPS for the current fiscal year.

About Duolingo

Duolingo, Inc (NASDAQ:DUOL) is a technology-driven education company that operates a widely used language-learning platform. Founded in 2011 by Luis von Ahn and Severin Hacker, Duolingo offers a freemium service featuring bite-sized lessons, gamified exercises and adaptive learning algorithms. The company’s core product is its mobile and web application, which supports instruction in more than 40 languages, ranging from widely spoken tongues such as English and Spanish to lesser-taught options including Irish and Swahili.

In addition to its flagship language courses, Duolingo has expanded its product suite to include the Duolingo English Test, an on-demand, computer-based English proficiency exam designed for academic and professional admissions.