At the time of writing, Duolingo Inc [DUOL] stock is trading at $360.61, down -2.14%. An important factor to consider is whether the stock is rising or falling in short-term value. The DUOL shares have gain 4.07% over the last week, with a monthly amount glided 14.18%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Duolingo Inc [NASDAQ: DUOL] stock has seen the most recent analyst activity on December 05, 2024, when Scotiabank initiated its Sector Outperform rating and assigned the stock a price target of $425. Previously, Seaport Research Partners downgraded its rating to Neutral on November 07, 2024. On October 14, 2024, downgrade downgraded it’s rating to Mkt Perform. Needham reiterated its Buy rating and increased its price target to $310 on September 25, 2024. BofA Securities upgraded its rating to a Buy but $245 remained the price target by the analyst firm on July 26, 2024. In a note dated May 28, 2024, JMP Securities upgraded an Mkt Outperform rating on this stock but restated the target price of $260.
For the past year, the stock price of Duolingo Inc fluctuated between $145.05 and $378.48. Currently, Wall Street analysts expect the stock to reach $291.5 within the next 12 months. Duolingo Inc [NASDAQ: DUOL] shares were valued at $360.61 at the most recent close of the market. An investor can expect a potential drop of -19.16% based on the average DUOL price forecast.
Analyzing the DUOL fundamentals
According to Duolingo Inc [NASDAQ:DUOL], the company’s sales were 689.46M for trailing twelve months, which represents an 39.94% jump. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.12 and Total Capital is 0.06.
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 350.44 points at the first support level, and at 340.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 370.33, and for the 2nd resistance point, it is at 380.05.
Ratios To Look Out For
It is important to note that Duolingo Inc [NASDAQ:DUOL] has a current ratio of 3.09. On the other hand, the Quick Ratio is 3.09, and the Cash Ratio is 2.5. Considering the valuation of this stock, the price to sales ratio is 22.73, the price to book ratio is 19.27 and price to earnings (TTM) ratio is 198.87.
Transactions by insiders
Recent insider trading involved Glance Natalie, Chief Engineering Officer, that happened on Dec 06 ’24 when 1500.0 shares were sold. Chief Financial Officer, Skaruppa Matthew completed a deal on Dec 02 ’24 to sell 8049.0 shares. Meanwhile, Officer MATTHEW SKARUPPA bought 31763.0 shares on Dec 02 ’24.