Duolingo (NASDAQ:DUOL) Stock Price Target Raised at JPMorgan Chase & Co.

Duolingo (NASDAQ:DUOL) had its price target raised by JPMorgan Chase & Co. from $135.00 to $155.00 in a research note released on Wednesday,Benzinga reports. They currently have a neutral rating on the stock.

Several other equities research analysts have also issued reports on the stock. Wells Fargo & Company upgraded shares of Duolingo from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $80.00 to $120.00 in a research note on Wednesday. Jefferies Financial Group upped their price objective on Duolingo from $95.00 to $125.00 and gave the company a “hold” rating in a research note on Tuesday, July 14th. Craig Hallum downgraded Duolingo to a “hold” rating in a research note on Tuesday, August 18th. Compass Point began coverage on Duolingo in a report on Tuesday, August 18th. They set a “buy” rating for the company. Finally, Weiss Ratings downgraded Duolingo from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday. Eight investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $141.56.

Duolingo Stock Performance

NASDAQ DUOL opened at $161.27 on Wednesday. Duolingo has a 52-week low of $87.89 and a 52-week high of $268.97. The company has a 50-day simple moving average of $144.95 and a 200 day simple moving average of $124.13. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.72 and a current ratio of 2.72. The company has a market capitalization of $7.55 billion, a PE ratio of 53.22, a price-to-earnings-growth ratio of 1.05 and a beta of 1.08.

Duolingo (NASDAQ:DUOL) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.03). The company had revenue of $309.01 million during the quarter, compared to the consensus estimate of $303.20 million. Duolingo had a return on equity of 10.54% and a net margin of 12.33%. The business’s revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the firm posted $5.95 EPS. On average, research analysts predict that Duolingo will post 2.62 EPS for the current year.

Insider Buying and Selling

In related news, CEO Luis van Ahn sold 110,046 shares of the stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $151.70, for a total transaction of $16,693,978.20. Following the sale, the chief executive officer owned 110,046 shares of the company’s stock, valued at approximately $16,693,978.20. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Natalie Glance sold 1,539 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $137.80, for a total value of $212,074.20. Following the completion of the transaction, the insider owned 169,111 shares of the company’s stock, valued at approximately $23,303,495.80. This represents a 0.90% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 260,740 shares of company stock valued at $39,049,693. 16.62% of the stock is owned by company insiders.

Institutional Investors Weigh In On Duolingo

Institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its stake in Duolingo by 511.2% during the first quarter. Bank of America Corp DE now owns 1,332,301 shares of the company’s stock valued at $131,325,000 after acquiring an additional 1,114,315 shares in the last quarter. State of Michigan Retirement System increased its holdings in Duolingo by 112.9% during the 1st quarter. State of Michigan Retirement System now owns 1,193,307 shares of the company’s stock worth $117,624,000 after acquiring an additional 632,807 shares during the period. Amundi lifted its stake in Duolingo by 1,351.7% in the 1st quarter. Amundi now owns 449,068 shares of the company’s stock worth $44,265,000 after purchasing an additional 418,134 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Duolingo by 91.3% in the 1st quarter. Renaissance Technologies LLC now owns 603,806 shares of the company’s stock worth $59,517,000 after purchasing an additional 288,252 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in Duolingo by 416.0% in the 1st quarter. Pacer Advisors Inc. now owns 238,458 shares of the company’s stock valued at $23,505,000 after purchasing an additional 192,245 shares during the period. 91.59% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Duolingo

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Q3 revenue of $309.0 million topped estimates of $303.2 million, while daily active users grew 28.5% to 153.1 million. Paid subscribers also increased 13.9%, reinforcing the case that stronger engagement can support future growth. Duolingo Q3 2026 results
• Positive Sentiment: Management’s Q4 outlook helped bolster confidence: Duolingo expects bookings to grow 13% and adjusted EBITDA to reach $84 million. The company also cited lower AI video-call costs, which could support broader rollout of the feature. Q4 outlook and Video Call rollout
• Neutral Sentiment: Analysts raised several price targets after the results, but many maintained neutral or equal-weight ratings, with targets below the then-current share price. This suggests the rally may have outpaced some analysts’ near-term valuation expectations. Citigroup price-target update
• Negative Sentiment: Q3 EPS of $0.54 missed the $0.57 consensus estimate. Commentary also noted that a less aggressive monetization approach is weighing on near-term financial performance, even as user growth accelerates. Analysis of mixed Q3 results
• Negative Sentiment: Several law firms publicized a securities class action concerning investors who bought shares between May 2025 and February 2026. The announcements describe allegations, not findings; continued litigation could nevertheless create uncertainty or costs. Class action notice

About Duolingo

Duolingo, Inc develops technology-based learning products designed to make education accessible and engaging. Its flagship Duolingo mobile and web platform offers gamified courses in languages including Spanish, English, French, German and Japanese, among others. Lessons incorporate interactive exercises, personalized practice and achievement-based features intended to support regular learning.

The company also operates the Duolingo English Test, an online English-proficiency assessment that can be taken remotely and is accepted by educational institutions and other organizations.