Duolingo (NASDAQ:DUOL) Announces Quarterly Earnings Results

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

Duolingo Price Performance

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on DUOL shares. JPMorgan Chase & Co. boosted their price objective on Duolingo from $400.00 to $410.00 and gave the stock an “overweight” rating in a research report on Friday. Barclays boosted their price objective on Duolingo from $295.00 to $330.00 and gave the stock an “equal weight” rating in a research report on Friday. The Goldman Sachs Group boosted their price objective on Duolingo from $250.00 to $275.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. JMP Securities reaffirmed a “market perform” rating on shares of Duolingo in a research report on Friday, February 14th. Finally, UBS Group upped their price target on Duolingo from $408.00 to $410.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Seven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $369.09.

Insider Transactions at Duolingo

In other news, General Counsel Stephen C. Chen sold 2,064 shares of the company’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $435.12, for a total value of $898,087.68. Following the completion of the transaction, the general counsel now directly owns 34,634 shares in the company, valued at approximately $15,069,946.08. This represents a 5.62 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Severin Hacker sold 188,901 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $339.54, for a total value of $64,139,445.54. Following the completion of the transaction, the insider now owns 72 shares of the company’s stock, valued at $24,446.88. The trade was a 99.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 305,639 shares of company stock worth $105,445,057. 18.30% of the stock is currently owned by corporate insiders.

About Duolingo

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.