Analyst Mark Mahaney from Evercore ISI reiterated a Buy rating on Duolingo and keeping the price target at $540.00.
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Mark Mahaney has given his Buy rating due to a combination of factors that highlight Duolingo’s continuous innovation and strategic enhancements in its product offerings. The recent updates from the DuoCon 2025 event, such as the Videocall with Lily feature, demonstrate Duolingo’s commitment to providing scalable and engaging language learning solutions. This feature, available to Max subscribers, offers a structured and anxiety-reducing environment for language practice, which is crucial for user retention and differentiation in the competitive language learning market.
Moreover, Duolingo’s strategic use of A/B testing, as explained by Director Natalia Castillejo, ensures that product development is guided by real-world learner behavior. This approach not only optimizes user engagement and learning outcomes but also creates a competitive moat through data-driven insights. Additionally, the introduction of new courses like Chess further showcases Duolingo’s ability to expand and diversify its educational offerings. These factors collectively support the positive outlook on Duolingo’s stock performance, justifying the Buy rating.
In another report released today, Citi also maintained a Buy rating on the stock with a $375.00 price target.
Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DUOL in relation to earlier this year.