Duolingo (DUOL) – Research Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Duolingo (NASDAQ: DUOL) recently:

• 5/5/2026 – Duolingo had its price target lowered by Morgan Stanley from $100.00 to $95.00. They now have an “equal weight” rating on the stock.
• 5/5/2026 – Duolingo was given a new $97.00 price target by Evercore Inc.
• 5/5/2026 – Duolingo had its price target raised by JPMorgan Chase & Co. from $92.00 to $94.00. They now have a “neutral” rating on the stock.
• 5/5/2026 – Duolingo had its price target raised by DA Davidson from $85.00 to $90.00. They now have a “neutral” rating on the stock.
• 5/5/2026 – Duolingo had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $145.00 price target on the stock.
• 4/28/2026 – Duolingo was upgraded by Zacks Research from “strong sell” to “hold”.
• 4/22/2026 – Duolingo was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 4/20/2026 – Duolingo had its price target lowered by JPMorgan Chase & Co. from $95.00 to $92.00. They now have a “neutral” rating on the stock.
• 4/9/2026 – Duolingo was given a new $85.00 price target by DA Davidson.

Insiders Place Their Bets

In related news, Director James H. Shelton acquired 5,000 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were acquired at an average price of $99.76 per share, with a total value of $498,800.00. Following the acquisition, the director owned 9,632 shares in the company, valued at approximately $960,888.32. The trade was a 107.94% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Matthew Skaruppa sold 3,986 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $113.52, for a total value of $452,490.72. Following the completion of the transaction, the chief financial officer directly owned 31,631 shares in the company, valued at $3,590,751.12. The trade was a 11.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 14,939 shares of company stock worth $1,676,291 in the last 90 days. 16.62% of the stock is owned by corporate insiders.

Duolingo, Inc (NASDAQ:DUOL) is a technology-driven education company that operates a widely used language-learning platform. Founded in 2011 by Luis von Ahn and Severin Hacker, Duolingo offers a freemium service featuring bite-sized lessons, gamified exercises and adaptive learning algorithms. The company’s core product is its mobile and web application, which supports instruction in more than 40 languages, ranging from widely spoken tongues such as English and Spanish to lesser-taught options including Irish and Swahili.

In addition to its flagship language courses, Duolingo has expanded its product suite to include the Duolingo English Test, an on-demand, computer-based English proficiency exam designed for academic and professional admissions.