Duolingo (NASDAQ:DUOL) Given New $220.00 Price Target at DA Davidson

Duolingo (NASDAQ:DUOL) had its target price trimmed by DA Davidson from $300.00 to $220.00 in a report published on Thursday morning, Marketbeat reports. They currently have a neutral rating on the stock.

Several other research firms have also weighed in on DUOL. KeyCorp lowered shares of Duolingo from an “overweight” rating to a “sector weight” rating in a research note on Thursday. Citizens Jmp dropped their price objective on shares of Duolingo from $475.00 to $450.00 and set a “mkt outperform” rating on the stock in a report on Monday, July 28th. Needham & Company LLC decreased their target price on Duolingo from $460.00 to $300.00 and set a “buy” rating for the company in a research report on Thursday. Wall Street Zen lowered Duolingo from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Finally, Wells Fargo & Company assumed coverage on Duolingo in a research report on Monday, September 8th. They set an “underweight” rating and a $239.00 target price on the stock. Ten 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. Based on data from MarketBeat.com, Duolingo presently has an average rating of “Hold” and an average target price of $340.53.

Duolingo Trading Up 3.9%

DUOL stock traded up $7.47 during trading on Thursday, hitting $201.21. The company had a trading volume of 4,329,856 shares, compared to its average volume of 1,862,113. The stock has a market cap of $9.22 billion, a PE ratio of 67.04, a PEG ratio of 1.28 and a beta of 0.83. The business has a 50-day moving average of $299.69 and a 200-day moving average of $377.44. 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 one year low of $182.00 and a one year high of $544.93.

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

Insider Transactions at Duolingo

In other Duolingo news, insider Severin Hacker sold 10,000 shares of the stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $263.13, for a total value of $2,631,300.00. Following the completion of the sale, the insider owned 72 shares in the company, valued at approximately $18,945.36. This trade represents a 99.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, General Counsel Stephen C. Chen sold 1,515 shares of Duolingo stock in a transaction that occurred 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 in the company, valued at approximately $10,488,547.68. This represents a 4.44% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 83,791 shares of company stock worth $25,649,401. 15.67% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Rise Advisors LLC raised its stake in shares of Duolingo by 43.6% during the 1st quarter. Rise Advisors LLC now owns 79 shares of the company’s stock worth $25,000 after purchasing an additional 24 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Duolingo by 20.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 153 shares of the company’s stock valued at $48,000 after acquiring an additional 26 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Duolingo by 16.3% during the 2nd quarter. Parallel Advisors LLC now owns 186 shares of the company’s stock valued at $76,000 after acquiring an additional 26 shares during the period. US Bancorp DE increased its stake in shares of Duolingo by 1.4% during the 2nd quarter. US Bancorp DE now owns 1,968 shares of the company’s stock worth $807,000 after purchasing an additional 28 shares during the last quarter. Finally, New York Life Investment Management LLC raised its holdings in shares of Duolingo by 0.7% in the 2nd quarter. New York Life Investment Management LLC now owns 4,067 shares of the company’s stock worth $1,668,000 after purchasing an additional 30 shares during the period. Hedge funds and other 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.