Duolingo Inc [DUOL] stock prices are up 3.62% to $242.48 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DUOL shares have gain 11.69% over the last week, with a monthly amount glided 19.35%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Duolingo Inc [NASDAQ: DUOL] stock has seen the most recent analyst activity on July 26, 2024, when BofA Securities upgraded its rating to a Buy but kept the price target unchanged to $245 for it. On May 28, 2024, upgrade upgraded it’s rating to Mkt Outperform but maintained its price target of $260 on the stock. JP Morgan started tracking the stock assigning a Overweight rating and suggested a price target of $270 on March 11, 2024. Seaport Research Partners initiated its recommendation with a Buy and recommended $222 as its price target on February 27, 2024. Goldman downgraded its rating to Sell for this stock on January 19, 2024, but kept the price target unchanged to $160.
The stock price of Duolingo Inc [DUOL] has been fluctuating between $140.16 and $251.30 over the past year. Currently, Wall Street analysts expect the stock to reach $189.3 within the next 12 months. Duolingo Inc [NASDAQ: DUOL] shares were valued at $242.48 at the most recent close of the market. An investor can expect a potential drop of -21.93% based on the average DUOL price forecast.
Analyzing the DUOL fundamentals
The Duolingo Inc [NASDAQ:DUOL] reported sales of 634.49M for trailing twelve months, representing a surge of 40.59%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 238.01 points at the first support level, and at 233.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 244.81, and for the 2nd resistance point, it is at 247.13.
Ratios To Look Out For
It’s worth pointing out that Duolingo Inc [NASDAQ:DUOL]’s Current Ratio is 3.28. As well, the Quick Ratio is 3.28, while the Cash Ratio is 2.8. Considering the valuation of this stock, the price to sales ratio is 16.65, the price to book ratio is 13.75 and price to earnings (TTM) ratio is 174.94.
Transactions by insiders
Recent insider trading involved ROBERT MEESE, Officer, that happened on Sep 17 ’24 when 4819.0 shares were purchased. Chief Engineering Officer, Glance Natalie completed a deal on Sep 06 ’24 to sell 1500.0 shares. Meanwhile, Chief Financial Officer Skaruppa Matthew sold 14000.0 shares on Sep 03 ’24.
