Duolingo (NASDAQ:DUOL) Issues Earnings Results

Duolingo (NASDAQ:DUOL) issued its earnings results on Thursday. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.19), Zacks reports. The company had revenue of $209.55 million during the quarter, compared to analyst estimates of $205.49 million. Duolingo had a net margin of 12.59% and a return on equity of 11.74%. Duolingo updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Duolingo Trading Down 17.0 %

Duolingo stock traded down $63.71 during trading on Friday, hitting $312.07. The company’s stock had a trading volume of 3,454,218 shares, compared to its average volume of 761,692. The stock’s fifty day moving average is $359.71 and its 200 day moving average is $310.14. Duolingo has a 1-year low of $145.05 and a 1-year high of $441.77. The stock has a market capitalization of $13.73 billion, a price-to-earnings ratio of 170.53 and a beta of 0.89. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.09 and a current ratio of 3.09.

Insider Transactions at Duolingo

In other news, CEO Ahn Luis Von sold 41,759 shares of the business’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $340.29, for a total transaction of $14,210,170.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Natalie Glance sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $369.33, for a total transaction of $553,995.00. Following the sale, the insider now owns 132,239 shares of the company’s stock, valued at approximately $48,839,829.87. This represents a 1.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 305,639 shares of company stock worth $105,445,057 in the last three months. Company insiders own 18.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DUOL. Jefferies Financial Group assumed coverage on shares of Duolingo in a research report on Friday, January 24th. They issued a “hold” rating and a $370.00 price target for the company. DA Davidson boosted their target price on Duolingo from $350.00 to $400.00 and gave the company a “buy” rating in a report on Friday. Piper Sandler raised their price target on Duolingo from $351.00 to $390.00 and gave the stock an “overweight” rating in a research note on Friday. Seaport Res Ptn cut Duolingo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 7th. Finally, Scotiabank started coverage on shares of Duolingo in a research report on Thursday, December 5th. They set a “sector outperform” rating and a $425.00 target price on the stock. Seven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $369.09.

Duolingo Company Profile

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.