Duolingo, Inc. (DUOL)
NASDAQ: DUOL · IEX Real-Time Price · USD
206.52
+7.42 (3.73%)
At close: Jun 21, 2024, 4:00 PM
206.60
+0.08 (0.04%)
After-hours: Jun 21, 2024, 7:54 PM EDT

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 19.71% from the current stock price of 206.52.

Analyst Consensus: Buy
Target Low Average Median High
Price $188 $247.22 $260 $275
Change -8.97% +19.71% +25.90% +33.16%

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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 222223
Buy 112233
Hold 566655
Sell 000000
Strong Sell 111111
Total 91011111112

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
DA Davidson
DA Davidson
Strong Buy
Initiates
$250
Strong Buy Initiates $250 +21.05% Jun 13, 2024
JMP Securities
JMP Securities
Buy
Upgrades
$260
Buy Upgrades $260 +25.90% May 28, 2024
Piper Sandler
Piper Sandler
Buy
Reiterates
$282$265
Buy Reiterates $282$265 +28.32% 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 +29.29% May 9, 2024
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
70.76M161.70M250.77M369.50M531.11M747.57M955.42M1.19B
Revenue Growth
-128.51%55.09%47.34%43.74%40.76%27.80%24.66%
EPS
-1.10-1.24-2.57-1.510.351.632.554.11
EPS Growth
-----366.29%56.19%61.40%
Forward PE
-----126.5481.0250.20
No. Analysts -----15146
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
46.4%
37.2%
37.1%
Avg
40.8%
27.8%
24.7%
Low
34.9%
20.6%
12.5%

EPS Forecast

EPS 202420252026
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 202420252026
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.