Duolingo, Inc. (DUOL)
NASDAQ: DUOL · IEX Real-Time Price · USD
195.24
+0.01 (0.01%)
Jul 2, 2024, 3:12 PM EDT - Market open
Duolingo Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Duolingo stock have an average target of 247.22, with a low estimate of 188 and a high estimate of 275. The average target predicts an increase of 26.62% from the current stock price of 195.24.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Duolingo stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 1 | 1 | 2 | 2 | 3 | 3 |
| Hold | 5 | 6 | 6 | 6 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 10 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Initiates $250 | Strong Buy | Initiates | $250 | +28.05% | Jun 13, 2024 |
| JMP Securities | JMP Securities | Hold → Buy Upgrades $260 | Hold → Buy | Upgrades | $260 | +33.17% | May 28, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $282 → $265 | Buy | Reiterates | $282 → $265 | +35.73% | 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 | +36.75% | May 9, 2024 |
Financial Forecast
Revenue This Year
747.57M
from 531.11M
Increased by 40.76%
Revenue Next Year
955.42M
from 747.57M
Increased by 27.80%
EPS This Year
1.63
from 0.35
Increased by 366.29%
EPS Next Year
2.55
from 1.63
Increased by 56.19%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 777.6M | 1.0B | 1.3B |
| Avg | 747.6M | 955.4M | 1.2B |
| Low | 716.4M | 901.7M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 46.4% | 37.2% | 37.1% |
| Avg | 40.8% | 27.8% | 24.7% |
| Low | 34.9% | 20.6% | 12.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.90 | 3.22 | 4.98 |
| Avg | 1.63 | 2.55 | 4.11 |
| Low | 1.17 | 1.74 | 3.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 443.0% | 97.5% | 95.3% |
| Avg | 366.3% | 56.2% | 61.4% |
| Low | 233.2% | 6.9% | 28.0% |
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.