Duolingo (NASDAQ:DUOL) Given New $152.00 Price Target at Citigroup

Duolingo (NASDAQ:DUOL) had its price objective raised by stock analysts at Citigroup from $140.00 to $152.00 in a report issued on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Citigroup‘s price objective would indicate a potential downside of 5.75% from the company’s current price.

Several other brokerages have also recently weighed in on DUOL. KeyCorp raised Duolingo from a “hold” rating to an “overweight” rating in a report on Tuesday, August 18th. Compass Point initiated coverage on Duolingo in a research report on Tuesday, August 18th. They set a “buy” rating on the stock. Susquehanna began coverage on shares of Duolingo in a research note on Tuesday, August 18th. They set a “positive” rating for the company. Evercore set a $128.00 price objective on Duolingo in a research report on Wednesday. Finally, Needham & Company LLC upped their price target on shares of Duolingo from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $140.31.

Duolingo Stock Performance

Shares of NASDAQ DUOL traded up $33.27 during trading hours on Wednesday, reaching $161.27. 9,441,496 shares of the stock were exchanged, compared to its average volume of 1,791,905. The firm has a market capitalization of $7.55 billion, a price-to-earnings ratio of 19.11, a P/E/G ratio of 1.11 and a beta of 1.08. The stock’s fifty day simple moving average is $144.65 and its 200 day simple moving average is $124.10. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.72 and a current ratio of 2.72. Duolingo has a 52 week low of $87.89 and a 52 week high of $268.97.

Duolingo (NASDAQ:DUOL) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.03). The firm had revenue of $309.01 million during the quarter, compared to the consensus estimate of $303.20 million. Duolingo had a net margin of 35.88% and a return on equity of 12.10%. The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter last year, the firm earned $5.95 earnings per share. Sell-side analysts predict that Duolingo will post 2.62 EPS for the current year.

Insider Buying and Selling at Duolingo

In other Duolingo news, CEO Luis van Ahn sold 110,046 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer directly owned 110,046 shares in the company, valued at approximately $16,693,978.20. This trade represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stephen C. Chen sold 8,072 shares of Duolingo stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $149.33, for a total transaction of $1,205,391.76. Following the transaction, the general counsel directly owned 43,769 shares in the company, valued at approximately $6,536,024.77. This represents a 15.57% 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. Over the last 90 days, insiders have sold 250,740 shares of company stock worth $37,685,893. 16.62% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Duolingo

Several institutional investors have recently added to or reduced their stakes in DUOL. Heritage Family Offices LLP purchased a new stake in Duolingo during the 3rd quarter worth about $27,000. Provenance Wealth Advisors LLC bought a new position in Duolingo during the 3rd quarter worth approximately $30,000. Root Financial Partners LLC increased its position in shares of Duolingo by 194.1% in the first quarter. Root Financial Partners LLC now owns 250 shares of the company’s stock valued at $25,000 after acquiring an additional 165 shares during the period. Versant Capital Management Inc raised its holdings in shares of Duolingo by 73.4% during the third quarter. Versant Capital Management Inc now owns 267 shares of the company’s stock valued at $38,000 after acquiring an additional 113 shares in the last quarter. Finally, FNY Investment Advisers LLC bought a new position in Duolingo in the second quarter worth about $34,000. 91.59% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Duolingo

Here are the key news stories impacting Duolingo this week:

• Positive Sentiment: Third-quarter daily active users grew 29% year over year, while revenue of $309 million topped expectations of $303 million. Management also raised its revenue outlook, and its fourth-quarter bookings and EBITDA forecast offered further support for the bullish reaction. Duolingo Reports Third Quarter 2026 Results
• Positive Sentiment: AI Video Call costs reportedly fell from about $0.30 to less than $0.01 per call, potentially improving the economics of the feature as it expands to paid subscribers. Duolingo: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Quarterly EPS of $0.54 fell short of the $0.57 consensus, tempering the otherwise favorable report. JPMorgan and Barclays raised their price targets but maintained neutral or equal-weight ratings; their new targets of $155 and $133 are below the recent share price. JPMorgan rating information
• Negative Sentiment: Several law firms publicized a pending securities class action covering investors who bought shares from May 2, 2025, through February 26, 2026. The complaint alleges investor harm related to company disclosures, including claims about its Hearts feature and AI-first strategy; these are allegations, not established findings. Kaplan Fox class action notice

Duolingo Company Profile

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.