Duolingo, Inc. (DUOL)

Duolingo Stock Forecast

Stock Price Forecast

According to 15 professional analysts, the 12-month price target for Duolingo stock ranges from a low of $185 to a high of $500. The average analyst price target of $330.67 forecasts a 65.54% increase in the stock price over the next year.

Price Target: $330.67 (+65.54%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$185	$330.67	$300	$500
Change	-7.38%	+65.54%	+50.19%	+150.31%

Analyst Ratings

The average analyst rating for Duolingo stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	3	4	3	3	3	3
Buy	6	7	7	7	5	5
Hold	5	5	7	7	8	8
Sell	0	0	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	14	16	18	18	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Wyatt Swanson DA Davidson	DA Davidson	Hold Maintains $220 → $205	Hold	Maintains	$220 → $205	+2.63%	Dec 3, 2025
Wyatt Swanson DA Davidson	DA Davidson	Hold Maintains $220	Hold	Maintains	$220	+10.14%	Nov 11, 2025
Eric Sheridan Goldman Sachs	Goldman Sachs	Hold Maintains $425 → $250	Hold	Maintains	$425 → $250	+25.16%	Nov 7, 2025
Bryan Smilek JP Morgan	JP Morgan	Buy Maintains $465 → $300	Buy	Maintains	$465 → $300	+50.19%	Nov 6, 2025
Ygal Arounian Citigroup	Citigroup	Strong Buy Maintains $375 → $270	Strong Buy	Maintains	$375 → $270	+35.17%	Nov 6, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.05B

Increased by 40.50%

from 748.02M

Revenue Next Year

1.29B

Increased by 22.65%

from 1.05B

EPS This Year

7.72

Increased by 310.58%

from 1.88

EPS Next Year

4.42

Decreased by -42.77%

from 7.72

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	161.70M	250.77M	369.50M	531.11M	748.02M	1.05B	1.29B
Revenue Growth	128.51%	55.09%	47.34%	43.74%	40.84%	40.50%	22.65%
EPS	-1.24	-2.57	-1.51	0.35	1.88	7.72	4.42
EPS Growth	-	-	-	-	437.14%	310.58%	-42.77%
Forward PE	-	-	-	-	-	25.88	45.21
No. Analysts	-	-	-	-	-	28	28

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028
High	1.1B	1.4B
Avg	1.1B	1.3B
Low	1.0B	1.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	45.2%	31.1%
Avg	40.5%	22.6%
Low	34.6%	13.4%

EPS Forecast

EPS	2025	2026	2027
High	9.45	5.85
Avg	7.72	4.42
Low	2.99	3.54

EPS Growth

EPS Growth	2025	2026	2027
High	402.7%	-24.2%
Avg	310.6%	-42.8%
Low	59.0%	-54.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.