Duolingo (NASDAQ:DUOL) Price Target Cut to $230.00 by Analysts at Barclays

Duolingo (NASDAQ:DUOL) had its price objective decreased by Barclays from $390.00 to $230.00 in a research note released on Thursday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.

DUOL has been the topic of several other reports. KeyCorp lowered shares of Duolingo from an “overweight” rating to a “sector weight” rating in a report on Thursday. Raymond James Financial reaffirmed a “market perform” rating on shares of Duolingo in a report on Tuesday, August 26th. JPMorgan Chase & Co. lowered their price objective on Duolingo from $515.00 to $465.00 and set an “overweight” rating on the stock in a research report on Monday, October 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Duolingo in a report on Wednesday, October 8th. Finally, DA Davidson downgraded shares of Duolingo from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $500.00 to $300.00 in a report on Thursday, September 4th. Ten investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $340.53.

Duolingo Stock Performance

DUOL stock traded up $7.47 during midday trading on Thursday, reaching $201.21. The stock had a trading volume of 4,329,856 shares, compared to its average volume of 1,862,113. The firm has a fifty day simple moving average of $299.69 and a two-hundred day simple moving average of $377.44. Duolingo has a 52-week low of $182.00 and a 52-week high of $544.93. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.81 and a current ratio of 2.81. The stock has a market cap of $9.22 billion, a PE ratio of 67.04, a P/E/G ratio of 1.28 and a beta of 0.83.

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

Insider Buying and Selling at Duolingo

In other news, insider Natalie Glance sold 3,283 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $312.30, for a total value of $1,025,280.90. Following the completion of the sale, the insider directly owned 116,171 shares in the company, valued at $36,280,203.30. This represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Severin Hacker sold 10,000 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $288.94, for a total transaction of $2,889,400.00. Following the transaction, the insider owned 72 shares in the company, valued at $20,803.68. The trade was a 99.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 83,791 shares of company stock worth $25,649,401. Corporate insiders own 15.67% of the company’s stock.

Hedge Funds Weigh In On Duolingo

Institutional investors have recently bought and sold shares of the company. Crossmark Global Holdings Inc. increased its holdings in shares of Duolingo by 1.2% during the 1st quarter. Crossmark Global Holdings Inc. now owns 2,942 shares of the company’s stock worth $914,000 after buying an additional 34 shares during the last quarter. M&T Bank Corp grew its position in Duolingo by 26.3% in the first quarter. M&T Bank Corp now owns 2,129 shares of the company’s stock worth $661,000 after acquiring an additional 443 shares during the period. New Mexico Educational Retirement Board increased its stake in Duolingo by 8.1% during the first quarter. New Mexico Educational Retirement Board now owns 8,000 shares of the company’s stock worth $2,484,000 after acquiring an additional 600 shares during the last quarter. Steadview Capital Management LLC raised its position in Duolingo by 68.2% in the first quarter. Steadview Capital Management LLC now owns 127,850 shares of the company’s stock valued at $39,703,000 after purchasing an additional 51,850 shares during the period. Finally, Alps Advisors Inc. lifted its stake in shares of Duolingo by 31.4% in the 1st quarter. Alps Advisors Inc. now owns 7,629 shares of the company’s stock valued at $2,369,000 after purchasing an additional 1,824 shares during the last quarter. 91.59% of the stock is owned by hedge funds and other institutional investors.

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.