Wells Fargo & Company Issues Pessimistic Forecast for Duolingo (NASDAQ:DUOL) Stock Price

Duolingo (NASDAQ:DUOL) had its price objective dropped by equities researchers at Wells Fargo & Company from $239.00 to $185.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an “underweight” rating on the stock. Wells Fargo & Company‘s price objective points to a potential upside of 0.95% from the company’s current price.

Other analysts have also recently issued reports about the stock. UBS Group lowered their price objective on shares of Duolingo from $500.00 to $450.00 and set a “buy” rating for the company in a research note on Monday, October 20th. Baird R W raised shares of Duolingo to a “hold” rating in a research note on Friday, September 5th. Zacks Research cut shares of Duolingo from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Robert W. Baird initiated coverage on shares of Duolingo in a research report on Friday, September 5th. They set a “neutral” rating and a $280.00 price target for the company. Finally, Morgan Stanley upped their price target on shares of Duolingo from $480.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, August 7th. Ten research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $390.16.

Duolingo Stock Performance

DUOL traded down $76.77 during trading on Thursday, reaching $183.25. The company’s stock had a trading volume of 7,175,332 shares, compared to its average volume of 1,208,370. Duolingo has a 52-week low of $182.30 and a 52-week high of $544.93. The company’s fifty day moving average price is $302.27 and its 200-day moving average price is $378.73. The company has a market capitalization of $8.40 billion, a price-to-earnings ratio of 75.11, a price-to-earnings-growth ratio of 1.73 and a beta of 0.83. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.81 and a current ratio of 2.81.

Duolingo (NASDAQ:DUOL) last issued 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 13.32% and a net margin of 13.24%.The firm had revenue of $271.71 million during the quarter, compared to the consensus estimate of $260.14 million. During the same period in the previous year, the firm posted $0.49 EPS. The company’s quarterly revenue 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. On average, equities analysts forecast that Duolingo will post 2.03 earnings per share for the current fiscal year.

Insider Activity

In other Duolingo news, insider Severin Hacker sold 10,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $288.94, for a total transaction of $2,889,400.00. Following the completion of the transaction, the insider owned 72 shares of the company’s stock, valued at $20,803.68. The trade was a 99.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Stephen C. Chen sold 1,515 shares of the business’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $321.36, for a total transaction of $486,860.40. Following the transaction, the general counsel directly owned 32,638 shares of the company’s stock, valued at approximately $10,488,547.68. This represents a 4.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 73,791 shares of company stock worth $23,018,101 in the last 90 days. Insiders own 15.67% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bryce Point Capital LLC bought a new position in shares of Duolingo during the 2nd quarter worth about $946,000. Jefferies Financial Group Inc. acquired a new stake in shares of Duolingo in the first quarter valued at approximately $3,772,000. Hsbc Holdings PLC increased its holdings in shares of Duolingo by 39.0% in the first quarter. Hsbc Holdings PLC now owns 3,186 shares of the company’s stock valued at $995,000 after purchasing an additional 894 shares in the last quarter. Encompass More Asset Management bought a new position in Duolingo in the first quarter valued at approximately $762,000. Finally, Asset Management One Co. Ltd. bought a new position in Duolingo in the second quarter valued at approximately $1,409,000. Institutional investors own 91.59% of the company’s stock.

About Duolingo

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.