Duolingo, Inc. (NASDAQ:DUOL) Stock Rated “Hold” by Sell-Side Analysts

Shares of Duolingo, Inc. (NASDAQ:DUOL) have been assigned an average rating of “Hold” from the twenty-four analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $125.31.

Several research firms have recently commented on DUOL. Wells Fargo & Company initiated coverage on shares of Duolingo in a research report on Tuesday, August 18th. They issued an “overweight” rating for the company. KeyCorp upgraded Duolingo from a “hold” rating to an “overweight” rating in a report on Tuesday, August 18th. Barclays boosted their price objective on shares of Duolingo from $110.00 to $115.00 and gave the stock an “equal weight” rating in a report on Thursday, August 6th. DA Davidson restated a “buy” rating and set a $175.00 target price on shares of Duolingo in a research note on Tuesday, September 29th. Finally, Citigroup upgraded Duolingo from a “hold” rating to a “buy” rating in a research note on Tuesday, August 18th.

Duolingo Trading Down 4.8%

NASDAQ:DUOL opened at $141.76 on Friday. The firm has a market capitalization of $6.63 billion, a P/E ratio of 16.80, a P/E/G ratio of 1.16 and a beta of 1.05. The company has a fifty day moving average of $145.54 and a 200 day moving average of $125.88. The company has a quick ratio of 2.72, a current ratio of 2.72 and a debt-to-equity ratio of 0.06. Duolingo has a 52 week low of $87.89 and a 52 week high of $334.29.

Duolingo (NASDAQ:DUOL) last posted its earnings results on Wednesday, August 5th. The company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.06. Duolingo had a net margin of 35.88% and a return on equity of 12.10%. The company had revenue of $298.45 million during the quarter, compared to analyst estimates of $295.58 million. During the same period in the prior year, the business posted $0.91 earnings per share. Duolingo’s revenue for the quarter was up 18.3% on a year-over-year basis. On average, research analysts predict that Duolingo will post 2.62 earnings per share for the current year.

Key Duolingo News

Here are the key news stories impacting Duolingo this week:

• Neutral Sentiment: Multiple law firms reiterated that investors who purchased Duolingo Class A shares between May 2, 2025, and February 26, 2026, may seek appointment as lead plaintiff by December 7, 2026. These notices are largely procedural and do not represent a new operational update from Duolingo. Kaplan Fox deadline notice
• Negative Sentiment: The consolidated lawsuit alleges that Duolingo and certain executives made material misstatements or omissions about monetization and growth strategies. The claims reportedly focus on disclosures regarding the impact of artificial-intelligence competition, the absence of daily-active-user guidance, and testing that allegedly showed added friction was driving away free users. Duolingo class action allegations
• Negative Sentiment: The repeated investor alerts from Rosen, Kaplan Fox, Robbins, Pomerantz, and other firms increase visibility around the litigation and could weigh on sentiment. Potential outcomes include legal expenses, settlement costs, and continued uncertainty regarding Duolingo’s growth and monetization strategy. Rosen law firm notice

Insider Buying and Selling at Duolingo

In other news, CEO Luis van Ahn sold 110,046 shares of the company’s stock in a transaction on Wednesday, October 7th. The stock was sold at an average price of $151.70, for a total value of $16,693,978.20. Following the completion of the sale, the chief executive officer directly owned 110,046 shares in the company, valued at $16,693,978.20. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William Gordon sold 10,000 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $145.67, for a total value of $1,456,700.00. Following the completion of the sale, the director owned 68,415 shares of the company’s stock, valued at approximately $9,966,013.05. The trade was a 12.75% 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. In the last 90 days, insiders sold 250,740 shares of company stock worth $37,685,893. 16.62% of the stock is currently owned by insiders.

Institutional Trading of Duolingo

Several institutional investors and hedge funds have recently added to or reduced their stakes in DUOL. Bank of America Corp DE lifted its holdings in shares of Duolingo by 511.2% in the first quarter. Bank of America Corp DE now owns 1,332,301 shares of the company’s stock worth $131,325,000 after buying an additional 1,114,315 shares in the last quarter. State of Michigan Retirement System lifted its stake in shares of Duolingo by 112.9% in the 1st quarter. State of Michigan Retirement System now owns 1,193,307 shares of the company’s stock valued at $117,624,000 after purchasing an additional 632,807 shares during the last quarter. Renaissance Technologies LLC lifted its position in Duolingo by 91.3% in the first quarter. Renaissance Technologies LLC now owns 603,806 shares of the company’s stock worth $59,517,000 after buying an additional 288,252 shares during the last quarter. Amundi boosted its stake in shares of Duolingo by 1,351.7% during 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 during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of Duolingo by 2.6% during the first quarter. Bank of New York Mellon Corp now owns 249,634 shares of the company’s stock valued at $24,606,000 after buying an additional 6,233 shares during the period. Institutional investors own 91.59% of the company’s stock.

Duolingo Company Profile

Duolingo, Inc develops digital learning products designed to make education accessible through technology and gamification. Its flagship Duolingo app offers language-learning courses, practice exercises and other interactive features for learners of languages including Spanish, English, French, German and Japanese, among others.

The company also offers subscription plans, including Super Duolingo and Duolingo Max, which provide additional features and, in the case of Duolingo Max, artificial-intelligence-powered learning tools.