At the time of writing, Duolingo Inc [DUOL] stock is trading at $303.00, up 4.25%. 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 2.78% over the last week, with a monthly amount glided 8.31%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Duolingo Inc [NASDAQ: DUOL] stock has seen the most recent analyst activity on October 14, 2024, when JMP Securities downgraded its rating to a Mkt Perform. Previously, Needham reaffirmed its Buy rating on September 25, 2024, and elevated its price target to $310. On July 26, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $245 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating. JMP Securities upgraded its rating to a Mkt Outperform but $260 remained the price target by the analyst firm on May 28, 2024. JP Morgan started tracking with a Overweight rating for this stock on March 11, 2024, and assigned it a price target of $270. In a note dated February 27, 2024, Seaport Research Partners initiated an Buy rating and provided a target price of $222 on this stock.
For the past year, the stock price of Duolingo Inc fluctuated between $145.05 and $311.91. Currently, Wall Street analysts expect the stock to reach $217.3 within the next 12 months. Duolingo Inc [NASDAQ: DUOL] shares were valued at $303.00 at the most recent close of the market. An investor can expect a potential drop of -28.28% based on the average DUOL price forecast.
Analyzing the DUOL fundamentals
According to Duolingo Inc [NASDAQ:DUOL], the company’s sales were 634.49M for trailing twelve months, which represents an 40.59% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
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 296.51 points at the first support level, and at 290.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 306.61, and for the 2nd resistance point, it is at 310.22.
Ratios To Look Out For
It is important to note that Duolingo Inc [NASDAQ:DUOL] has a current ratio of 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 20.80, the price to book ratio is 17.19 and price to earnings (TTM) ratio is 218.60.
Transactions by insiders
Recent insider trading involved Skaruppa Matthew, Chief Financial Officer, that happened on Nov 01 ’24 when 14000.0 shares were sold. Chief Engineering Officer, Glance Natalie completed a deal on Oct 07 ’24 to sell 1500.0 shares. Meanwhile, Chief Financial Officer Skaruppa Matthew sold 14000.0 shares on Oct 01 ’24.
