Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
341.88
+1.49 (0.44%)
At close: Dec 26, 2024, 4:00 PM
341.87
-0.01 (0.00%)
After-hours: Dec 26, 2024, 4:41 PM EST
Duolingo Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Duolingo stock have an average target of 362.67, with a low estimate of 275 and a high estimate of 425. The average target predicts an increase of 6.08% from the current stock price of 341.88.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Duolingo stock from 12 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 3 |
| Buy | 3 | 3 | 3 | 2 | 2 | 3 |
| Hold | 5 | 4 | 3 | 5 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 12 | 11 | 11 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $370 → $385 | Strong Buy | Maintains | $370 → $385 | +12.61% | Dec 19, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $360 → $400 | Buy | Maintains | $360 → $400 | +17.00% | Dec 12, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $355 → $375 | Strong Buy → Hold | Downgrades | $355 → $375 | +9.69% | Dec 11, 2024 |
| Scotiabank | Scotiabank | Buy Initiates $425 | Buy | Initiates | $425 | +24.31% | Dec 5, 2024 |
| UBS | UBS | Strong Buy Maintains $355 → $408 | Strong Buy | Maintains | $355 → $408 | +19.34% | Nov 14, 2024 |
Financial Forecast
Revenue This Year
758.45M
from 531.11M
Increased by 42.80%
Revenue Next Year
982.78M
from 758.45M
Increased by 29.58%
EPS This Year
2.07
from 0.35
Increased by 491.24%
EPS Next Year
3.01
from 2.07
Increased by 45.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 783.2M | 1.1B | 1.3B | |||
| Avg | 758.5M | 982.8M | 1.2B | |||
| Low | 727.5M | 918.3M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 47.5% | 39.0% | 35.5% | |||
| Avg | 42.8% | 29.6% | 24.4% | |||
| Low | 37.0% | 21.1% | 15.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.28 | 3.50 | 5.24 |
| Avg | 2.07 | 3.01 | 4.41 |
| Low | 1.82 | 2.41 | 3.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 551.0% | 69.0% | 73.8% |
| Avg | 491.2% | 45.7% | 46.5% |
| Low | 420.8% | 16.5% | 5.7% |
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.