Duolingo Inc [NASDAQ: DUOL] closed the trading session at $200.58.
The stocks have a year to date performance of -11.58 percent and weekly performance of -12.37 percent. The stock has been moved at 21.91 percent over the last six months. The stock has performed -7.94 percent around the most recent 30 days and changed 8.27 percent over the most recent 3-months.
If compared to the average trading volume of 798.60K shares, DUOL reached to a volume of 3523283 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Duolingo Inc [DUOL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DUOL shares is $254.55 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DUOL stock is a recommendation set at 2.12. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Duolingo Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on March 11, 2024. While these analysts kept the previous recommendation, Seaport Research Partners raised their target price to Buy. The new note on the price target was released on February 27, 2024, representing the official price target for Duolingo Inc stock. Previously, the target price had yet another raise to $160, while Goldman analysts kept a Sell rating on DUOL stock.
The Average True Range (ATR) for Duolingo Inc is set at 13.78, with the Price to Sales ratio for DUOL stock in the period of the last 12 months amounting to 14.75. The Price to Book ratio for the last quarter was 12.16, with the Price to Cash per share for the same quarter was set at 19.35. Price to Free Cash Flow for DUOL in the course of the last twelve months was 57.18 with Quick ratio for the last quarter at 3.24.
DUOL stock trade performance evaluation
Duolingo Inc [DUOL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.37. With this latest performance, DUOL shares dropped by -7.94% in over the last four-week period, additionally plugging by 21.91% over the last 6 months – not to mention a rise of 49.35% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DUOL stock in for the last two-week period is set at 39.89, with the RSI for the last a single of trading hit 34.20, and the three-weeks RSI is set at 43.20 for Duolingo Inc [DUOL]. The present Moving Average for the last 50 days of trading for this stock 220.81, while it was recorded at 236.45 for the last single week of trading, and 189.54 for the last 200 days.
Duolingo Inc [DUOL]: An insightful look at the core fundamentals
Duolingo Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.24 and a Current Ratio set at 3.22.
Earnings per share (EPS) analysis for Duolingo Inc [DUOL] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DUOL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Duolingo Inc go to 34.30%.
Duolingo Inc [DUOL]: Institutional Ownership
The top three institutional holders of DUOL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in DUOL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in DUOL stock with ownership which is approximately 5.8386%.
