Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
351.97
+10.37 (3.04%)
Nov 22, 2024, 4:00 PM EST - Market closed

Duolingo Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Duolingo stock have an average target of 338.38, with a low estimate of 275 and a high estimate of 408. The average target predicts a decrease of -3.86% from the current stock price of 351.97.

Analyst Consensus: Buy
Target Low Average Median High
Price $275 $338.38 $351 $408
Change -21.87% -3.86% -0.28% +15.92%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333444
Buy 333322
Hold 554355
Sell 000000
Strong Sell 111100
Total 121211111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Strong Buy
Maintains
$355$408
Strong Buy Maintains $355$408 +15.92% Nov 14, 2024
DA Davidson
DA Davidson
Strong Buy
Maintains
$250$350
Strong Buy Maintains $250$350 -0.56% Nov 7, 2024
JP Morgan
JP Morgan
Buy
Maintains
$303$360
Buy Maintains $303$360 +2.28% Nov 7, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$250$275
Hold Maintains $250$275 -21.87% Nov 7, 2024
Barclays
Barclays
Hold
Maintains
$183$295
Hold Maintains $183$295 -16.19% Nov 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
757.00M
from 531.11M
Increased by 42.53%
Revenue Next Year
978.53M
from 757.00M
Increased by 29.26%
EPS This Year
2.05
from 0.35
Increased by 484.80%
EPS Next Year
3.07
from 2.05
Increased by 50.15%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
70.76M161.70M250.77M369.50M531.11M757.00M978.53M1.21B
Revenue Growth
-128.51%55.09%47.34%43.74%42.53%29.26%23.65%
EPS
--1.24-2.57-1.510.352.053.074.39
EPS Growth
-----484.80%50.15%42.80%
Forward PE
-----171.96114.5280.20
No. Analysts -----181815
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 781.7M 1.1B 1.3B
Avg 757.0M 978.5M 1.2B
Low 721.5M 909.9M 1.1B

Revenue Growth

Revenue Growth 202420252026
High
47.2%
39.2%
34.2%
Avg
42.5%
29.3%
23.7%
Low
35.8%
20.2%
12.6%

EPS Forecast

EPS 202420252026
High 2.22 3.77 5.70
Avg 2.05 3.07 4.39
Low 1.82 2.41 3.19

EPS Growth

EPS Growth 202420252026
High
533.0%
84.2%
85.5%
Avg
484.8%
50.2%
42.8%
Low
420.8%
17.8%
3.6%
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.