Duolingo, Inc. (DUOL)

Duolingo Stock Forecast

Stock Price Forecast

The 16 analysts that cover Duolingo stock have a consensus rating of "Buy" and an average price target of $176.88, which forecasts a 85.84% increase in the stock price over the next year. The lowest target is $85 and the highest is $450.

Price Target: $176.88 (+85.84%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$85	$176.88	$145	$450
Change	-10.70%	+85.84%	+52.34%	+372.79%

Analyst Ratings

The average analyst rating for Duolingo stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	3	3	3	5	5	5
Buy	7	5	5	4	0	0
Hold	7	8	8	7	12	12
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	18	17	17	17	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eric Sheridan Goldman Sachs	Goldman Sachs	Hold Maintains $250 → $105	Hold	Maintains	$250 → $105	+10.32%	Mar 2, 2026
Mario Lu Barclays	Barclays	Hold Maintains $230 → $110	Hold	Maintains	$230 → $110	+15.57%	Mar 2, 2026
Nat Schindler Scotiabank	Scotiabank	Buy → Hold Downgrades $300 → $100	Buy → Hold	Downgrades	$300 → $100	+5.06%	Feb 27, 2026
Ronald Josey Citigroup	Citigroup	Strong Buy → Hold Downgrades $270 → $101	Strong Buy → Hold	Downgrades	$270 → $101	+6.11%	Feb 27, 2026
Wyatt Swanson DA Davidson	DA Davidson	Hold Maintains $170 → $85	Hold	Maintains	$170 → $85	-10.70%	Feb 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.24B

Increased by 19.80%

from 1.04B

Revenue Next Year

1.43B

Increased by 14.64%

from 1.24B

EPS This Year

3.29

Decreased by -61.61%

from 8.57

EPS Next Year

3.83

Increased by 16.40%

from 3.29

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	250.77M	369.50M	531.11M	748.02M	1.04B	1.24B	1.43B
Revenue Growth	55.09%	47.34%	43.74%	40.84%	38.71%	19.80%	14.64%
EPS	-2.57	-1.51	0.35	1.88	8.57	3.29	3.83
EPS Growth	-	-	-	437.14%	355.85%	-61.61%	16.40%
Forward PE	-	-	-	-	-	28.93	24.85
No. Analysts	-	-	-	-	-	26	22

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	1.4B	1.6B
Avg	1.2B	1.4B
Low	1.2B	1.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	31.7%	27.4%
Avg	19.8%	14.6%
Low	13.1%	2.8%

EPS Forecast

EPS	2026	2027	2028
High	5.35	6.09
Avg	3.29	3.83
Low	1.98	2.06

EPS Growth

EPS Growth	2026	2027	2028
High	-37.5%	85.1%
Avg	-61.6%	16.4%
Low	-76.9%	-37.4%

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.