Wedbush Initiates a Hold Rating on Duolingo (DUOL)

Wedbush analyst Ygal Arounian initiated coverage with a Hold rating on Duolingo yesterday and set a price target of $139.00. The company’s shares closed yesterday at $131.22.

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According to TipRanks, Arounian is a 4-star analyst with an average return of 4.4% and a 46.08% success rate. Arounian covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Pinterest.

The word on The Street in general, suggests a Hold analyst consensus rating for Duolingo with a $110.09 average price target, a -16.10% downside from current levels. In a report released on June 29, D.A. Davidson also reiterated a Hold rating on the stock with a $120.00 price target.

Based on Duolingo’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $291.97 million and a net profit of $43.46 million. In comparison, last year the company earned a revenue of $230.74 million and had a net profit of $35.14 million

Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DUOL in relation to earlier this year. Most recently, in May 2026, Natalie Glance, the Chief Engineering Officer of DUOL sold 1,929.00 shares for a total of $216,356.64.