Duolingo (NASDAQ:DUOL) Stock Price Target Raised at Scotiabank

Duolingo (NASDAQ:DUOL) had its target price boosted by equities research analysts at Scotiabank from $120.00 to $140.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has a “sector perform” rating on the stock. Scotiabank‘s price objective points to a potential downside of 13.12% from the stock’s previous close.

DUOL has been the topic of several other reports. Compass Point initiated coverage on Duolingo in a research note on Tuesday, August 18th. They set a “buy” rating on the stock. Barclays boosted their target price on shares of Duolingo from $115.00 to $133.00 and gave the company an “equal weight” rating in a research note on Wednesday. Evercore set a $128.00 target price on shares of Duolingo in a report on Wednesday. Wedbush raised their price target on shares of Duolingo from $150.00 to $155.00 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. boosted their price objective on Duolingo from $135.00 to $155.00 and gave the company a “neutral” rating in a research report on Wednesday. Eight investment 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. According to data from MarketBeat.com, Duolingo currently has a consensus rating of “Hold” and an average target price of $141.56.

Duolingo Stock Up 25.9%

Duolingo stock traded up $33.15 during midday trading on Wednesday, hitting $161.15. 9,553,170 shares of the company were exchanged, compared to its average volume of 1,799,867. The company’s fifty day moving average price is $144.65 and its 200-day moving average price is $124.10. The company has a market cap of $7.54 billion, a PE ratio of 19.09, a price-to-earnings-growth ratio of 1.11 and a beta of 1.08. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.72 and a quick ratio of 2.72. Duolingo has a fifty-two week low of $87.89 and a fifty-two week high of $268.97.

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

Insiders Place Their Bets

In other Duolingo news, insider Natalie Glance sold 2,751 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $129.13, for a total transaction of $355,236.63. Following the sale, the insider directly owned 170,650 shares of the company’s stock, valued at $22,036,034.50. The trade was a 1.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director William B. Gordon sold 10,000 shares of Duolingo stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $145.67, for a total value of $1,456,700.00. Following the transaction, the director owned 68,415 shares in the company, valued at $9,966,013.05. This represents 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. Over the last ninety days, insiders sold 250,740 shares of company stock worth $37,685,893. Corporate insiders own 16.62% of the company’s stock.

Institutional Investors Weigh In On Duolingo

A number of institutional investors have recently bought and sold shares of the business. Baird Financial Group Inc. grew its stake in Duolingo by 881.9% in the second quarter. Baird Financial Group Inc. now owns 69,331 shares of the company’s stock valued at $7,975,000 after purchasing an additional 62,270 shares in the last quarter. Amundi increased its position in Duolingo by 1,351.7% in 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 last quarter. Fifth Third Bancorp increased its position in Duolingo by 3,588.3% in the 1st quarter. Fifth Third Bancorp now owns 9,110 shares of the company’s stock worth $898,000 after purchasing an additional 8,863 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in Duolingo in the 2nd quarter worth about $1,262,000. Finally, Renaissance Technologies LLC raised its stake in shares of Duolingo by 91.3% during the 1st quarter. Renaissance Technologies LLC now owns 603,806 shares of the company’s stock worth $59,517,000 after purchasing an additional 288,252 shares in the last quarter. 91.59% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines 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

About Duolingo

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.