Citigroup Issues Pessimistic Forecast for Duolingo (NASDAQ:DUOL) Stock Price

Duolingo (NASDAQ:DUOL) had its price objective lowered by analysts at Citigroup from $375.00 to $270.00 in a report released on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup’s price target would indicate a potential upside of 34.19% from the company’s previous close.

Several other brokerages also recently commented on DUOL. UBS Group dropped their target price on Duolingo from $500.00 to $450.00 and set a “buy” rating on the stock in a report on Monday, October 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Duolingo in a research note on Wednesday, October 8th. Raymond James Financial reissued a “market perform” rating on shares of Duolingo in a research report on Tuesday, August 26th. KeyCorp downgraded shares of Duolingo from an “overweight” rating to a “sector weight” rating in a research note on Thursday. Finally, Needham & Company LLC dropped their price target on shares of Duolingo from $460.00 to $300.00 and set a “buy” rating on the stock in a research note on Thursday. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $340.53.

Duolingo Stock Performance

NASDAQ:DUOL opened at $201.21 on Thursday. The firm’s fifty day simple moving average is $297.76 and its 200 day simple moving average is $376.65. The company has a current ratio of 2.81, a quick ratio of 2.81 and a debt-to-equity ratio of 0.07. Duolingo has a twelve month low of $182.00 and a twelve month high of $544.93. The firm has a market capitalization of $9.22 billion, a price-to-earnings ratio of 25.50, a PEG ratio of 1.28 and a beta of 0.83.

Duolingo (NASDAQ:DUOL) last released its quarterly earnings data on Wednesday, November 5th. The company reported $5.95 EPS for the quarter, beating the consensus estimate of $0.72 by $5.23. The company had revenue of $271.71 million for the quarter, compared to analyst estimates of $260.14 million. Duolingo had a return on equity of 14.02% and a net margin of 40.03%.The firm’s revenue was up 41.1% compared to the same quarter last year. During the same period last year, the company posted $0.49 earnings per share. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts expect that Duolingo will post 2.03 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Severin Hacker sold 10,000 shares of the business’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $288.94, for a total value of $2,889,400.00. Following the completion of the sale, the insider owned 72 shares of the company’s stock, valued at approximately $20,803.68. The trade was a 99.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Matthew Skaruppa sold 10,937 shares of the company’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $317.39, for a total transaction of $3,471,294.43. Following the completion of the sale, the chief financial officer owned 43,345 shares in the company, valued at approximately $13,757,269.55. This trade represents a 20.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 83,791 shares of company stock valued at $25,649,401 in the last ninety days. Corporate insiders own 15.67% of the company’s stock.

Institutional Trading of Duolingo

Several institutional investors and hedge funds have recently bought and sold shares of the company. Rothschild Investment LLC lifted its holdings in Duolingo by 86,600.0% during the 3rd quarter. Rothschild Investment LLC now owns 867 shares of the company’s stock worth $279,000 after buying an additional 866 shares during the last quarter. Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Duolingo by 0.9% in the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 8,848 shares of the company’s stock valued at $2,848,000 after acquiring an additional 82 shares during the last quarter. Smithfield Trust Co raised its position in shares of Duolingo by 35.4% during the 3rd quarter. Smithfield Trust Co now owns 237 shares of the company’s stock valued at $76,000 after acquiring an additional 62 shares in the last quarter. Pallas Capital Advisors LLC lifted its stake in Duolingo by 31.5% during the third quarter. Pallas Capital Advisors LLC now owns 3,940 shares of the company’s stock worth $1,268,000 after purchasing an additional 943 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its holdings in Duolingo by 4.5% in the third quarter. State of New Jersey Common Pension Fund D now owns 12,434 shares of the company’s stock worth $4,002,000 after purchasing an additional 535 shares during the period. Institutional investors and hedge funds own 91.59% of the company’s stock.

Duolingo Company Profile

Duolingo, Inc operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers courses in 40 different languages, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam.