Duolingo (DUOL)

• Market cap: $12.8B
• 1 day: 4.06%
• 5 days: -1.05%
• 1 month: -34.47%
• 3 months: -18.69%
• 6 months: 21.17%
• Year to date: -12.99%
• 1 year: 24.23%
• 5 years: 103.97%
• 10 years: 103.97%
• Sector: Information Technology
• Industry: Prepackaged Software

About: Duolingo Inc is a technology company that develops a mobile learning platform to learn languages and is the top-grossing app in the Education category on both Google Play and the Apple App Store. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated master new material, and achieve their learning goals. Its solutions include the Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has four predominant sources of revenue; time-based subscriptions, in-app advertising placement by third parties, and the Duolingo English Test, and In-App Purchases.

Employees: 830

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

206% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 33

16% more funds holding

Funds holding: 383 [Q3] → 446 (+63) [Q4]

16% more capital invested

Capital invested by funds: $10.1B [Q3] → $11.7B (+$1.62B) [Q4]

11% more repeat investments, than reductions

Existing positions increased: 157 | Existing positions reduced: 141

10% less call options, than puts

Call options by funds: $170M | Put options by funds: $189M

1.22% less ownership

Funds ownership: 96.68% [Q3] → 95.47% (-1.22%) [Q4]

7% less funds holding in top 10

Funds holding in top 10: 15 [Q3] → 14 (-1) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $330 16% upside
• Avg. target: $381 34% upside
• High target: $410 45% upside

8 analyst ratings

• positive: 5 63%
• neutral: 3 38%
• negative: 0 0%

Goldman Sachs Eric Sheridan 53% 1-year accuracy 29 / 55 met price target	20% upside $340	Neutral Maintained	3 Mar 2025
Barclays Mario Lu 63% 1-year accuracy 5 / 8 met price target	16% upside $330	Equal-Weight Maintained	28 Feb 2025
JP Morgan Bryan Smilek 33% 1-year accuracy 2 / 6 met price target	45% upside $410	Overweight Maintained	28 Feb 2025
DA Davidson Wyatt Swanson 40% 1-year accuracy 2 / 5 met price target	41% upside $400	Buy Maintained	28 Feb 2025
Needham Ryan MacDonald 35% 1-year accuracy 29 / 83 met price target	41% upside $400	Buy Maintained	28 Feb 2025