Duolingo (NASDAQ:DUOL - Get Free Report) is expected to post its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Duolingo to post earnings of $0.50 per share and revenue of $205.49 million for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
DUOL stock opened at $432.52 on Thursday. The company has a market capitalization of $19.03 billion, a P/E ratio of 236.35 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. Duolingo has a 52-week low of $145.05 and a 52-week high of $441.77. The business has a 50-day simple moving average of $354.37 and a two-hundred day simple moving average of $300.95.
In related news, General Counsel Stephen C. Chen sold 2,064 shares of Duolingo stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $435.12, for a total value of $898,087.68. Following the sale, the general counsel now owns 34,634 shares of the company's stock, valued at approximately $15,069,946.08. The trade was a 5.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ahn Luis Von sold 8,000 shares of Duolingo stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $434.79, for a total transaction of $3,478,320.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 302,355 shares of company stock valued at $104,015,597. 18.30% of the stock is owned by company insiders.
A number of equities analysts have issued reports on the company. UBS Group lifted their price target on Duolingo from $408.00 to $410.00 and gave the company a "buy" rating in a research note on Monday, January 27th. Piper Sandler lifted their price target on Duolingo from $271.00 to $351.00 and gave the company an "overweight" rating in a research note on Thursday, November 7th. Barclays lifted their target price on shares of Duolingo from $183.00 to $295.00 and gave the stock an "equal weight" rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. lifted their target price on shares of Duolingo from $360.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday, December 12th. Finally, Bank of America cut shares of Duolingo from a "buy" rating to a "neutral" rating and lifted their target price for the stock from $355.00 to $375.00 in a research report on Wednesday, December 11th. Seven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $355.55.
View Our Latest Stock Analysis on DUOL
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Before you consider Duolingo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Duolingo wasn't on the list.
While Duolingo currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.