On Sep 25, major Wall Street analysts update their ratings for $Duolingo (DUOL.US)$, with price targets ranging from $275 to $335.
J.P. Morgan analyst Bryan Smilek maintains with a buy rating, and adjusts the target price from $255 to $303.
BofA Securities analyst Curtis Nagle maintains with a buy rating, and adjusts the target price from $245 to $298.
Evercore analyst Mark Mahaney maintains with a buy rating, and adjusts the target price from $270 to $335.
Needham analyst Ryan MacDonald maintains with a buy rating, and adjusts the target price from $245 to $310.
KeyBanc analyst Justin Patterson maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Duolingo (DUOL.US)$'s main analysts recently are as follows:
Post DuoCon 2024, the annual conference held by Duolingo, which emphasized the introduction of two innovative AI-powered features to its premium Max tier offering, there is a reinforced belief in the potential for earnings growth.
Following Duocon 2024, it is evident that Duolingo is utilizing generative artificial intelligence to mirror the teaching capabilities of a human tutor. The implementation of generative AI is revolutionizing the learning experience, accelerating the pace of product enhancements and content creation, enhancing the depth of instructional effectiveness, and contributing to cost savings.
Here are the latest investment ratings and price targets for $Duolingo (DUOL.US)$ from 6 analysts:
Note:
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