JPMorgan lowered the firm’s price target on Duolingo (DUOL) to $92 from $95 and keeps a Neutral rating on the shares. The firm reduced daily active user estimates ahead of the company’s Q1 report. However, Duolingo’s 2026 bookings guidance will likely remain unchanged, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DUOL:
- Duolingo user growth needs to rise in Q2 to meet 20% target, says DA Davidson
- Block upgraded, Starbucks downgraded: Wall Street’s top analyst calls
- Duolingo cut to Hold at Argus on new strategy to increase DAUs
- Duolingo downgraded to Hold from Buy at Argus
- Duolingo director buys $498.8K in common stock