Duolingo, Inc. (DUOL)
NASDAQ: DUOL · IEX Real-Time Price · USD
179.14
+3.06 (1.74%)
At close: May 17, 2024, 4:00 PM
179.27
+0.13 (0.07%)
After-hours: May 17, 2024, 7:59 PM EDT
Duolingo Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Duolingo stock have an average target of 245, with a low estimate of 188 and a high estimate of 275. The average target predicts an increase of 36.76% from the current stock price of 179.14.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Duolingo stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 6 | 5 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 9 | 10 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Reiterates $282 → $265 | Buy | Reiterates | $282 → $265 | +47.93% | May 10, 2024 |
| Barclays | Barclays | Hold Maintains n/a | Hold | Maintains | n/a | n/a | May 9, 2024 |
| Needham | Needham | Strong Buy Maintains $241 → $267 | Strong Buy | Maintains | $241 → $267 | +49.05% | May 9, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $270 | Buy | Initiates | $270 | +50.72% | Mar 11, 2024 |
| Needham | Needham | Strong Buy Maintains $210 → $241 | Strong Buy | Maintains | $210 → $241 | +34.53% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
741.99M
from 531.11M
Increased by 39.71%
Revenue Next Year
941.54M
from 741.99M
Increased by 26.89%
EPS This Year
1.28
from 0.35
Increased by 264.29%
EPS Next Year
2.37
from 1.28
Increased by 85.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 780.3M | 1.0B | 1.4B |
| Avg | 742.0M | 941.5M | 1.2B |
| Low | 706.5M | 882.6M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 46.9% | 41.0% | 50.1% |
| Avg | 39.7% | 26.9% | 29.6% |
| Low | 33.0% | 18.9% | 14.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.90 | 3.76 | 6.30 |
| Avg | 1.28 | 2.37 | 5.18 |
| Low | 0.64 | 1.33 | 3.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 443.0% | 194.8% | 165.7% |
| Avg | 264.3% | 86.0% | 118.4% |
| Low | 82.0% | 4.5% | 37.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.