JPMorgan raises Duolingo stock price target to $515 on GenAI innovation

Published 07/08/2025, 14:56
JPMorgan raises Duolingo stock price target to $515 on GenAI innovation

Investing.com - JPMorgan raised its price target on Duolingo Inc. (NASDAQ:DUOL) to $515.00 from $500.00 on Thursday, while maintaining an Overweight rating on the language learning platform. The company, currently valued at $20.7 billion, has seen its stock surge over 112% in the past year, with analyst price targets ranging from $390 to $600.

The investment bank cited Duolingo’s generative AI innovation, stabilizing daily active user trends, and deepening monetization of its Max subscription tier as key factors behind the increased target. According to InvestingPro data, the company maintains impressive gross profit margins of 72.25% and has achieved revenue growth of 39.14% over the last twelve months.

JPMorgan projects 2025/2026 average growth of 26% for foreign exchange neutral bookings, 44% for adjusted EBITDA, 49% for GAAP earnings per share, and 34% for free cash flow.

The new December 2026 price target of $515 is based on approximately 44.5 times the company’s estimated 2027 free cash flow of $553 million.

JPMorgan remains bullish on Duolingo’s adjusted EBITDA margin expansion and sees potential upside to the company’s 2025 guidance.

In other recent news, Duolingo reported impressive second-quarter 2025 earnings, significantly outperforming market expectations. The company achieved earnings per share of $0.91, surpassing the forecasted $0.58, and generated revenue of $252.3 million, exceeding the anticipated $240.73 million. This strong financial performance was driven by a 9% increase in bookings, supported by foreign exchange benefits and robust advertising revenue. Analysts at Needham reiterated their Buy rating with a $460 price target, highlighting better-than-expected subscriber additions and average revenue per user growth. DA Davidson also maintained a Buy rating with a $500 price target, indicating confidence in Duolingo’s future potential. Wolfe Research and Raymond (NSE:RYMD) James both upheld their existing ratings of Peerperform and Market Perform, respectively, following the company’s strong quarterly results. These developments reflect a positive outlook for Duolingo, as it continues to demonstrate strong financial performance and growth potential.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.