Wells Fargo Keeps Their Sell Rating on Duolingo (DUOL)
In a report released yesterday, Alec Brondolo from Wells Fargo maintained a Sell rating on Duolingo, with a price target of $80.00. The company’s shares closed yesterday at $122.58.
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Brondolo covers the Communication Services sector, focusing on stocks such as AppLovin, Reddit Inc Class A, and Take-Two. According to TipRanks, Brondolo has an average return of 3.0% and a 45.45% success rate on recommended stocks.
In addition to Wells Fargo, Duolingo also received a Sell from Bank of America Securities’s Omar Dessouky in a report issued on August 4. However, yesterday, Barclays maintained a Hold rating on Duolingo (NASDAQ: DUOL).
Based on Duolingo’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $298.45 million and a net profit of $33.16 million. In comparison, last year the company earned a revenue of $252.27 million and had a net profit of $44.78 million
Based on the recent corporate insider activity of 63 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, Stephen C. Chen, the GC of DUOL sold 820.00 shares for a total of $91,971.20.
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