Duolingo Inc. (NASDAQ: DUOL) has been given an average rating of "Hold" from the twenty-three research firms that are covering the company, MarketBeat.com reports. The consensus reflects a divided view among analysts, with one issuing a sell rating, twelve assigning a hold rating, and ten recommending a buy for the stock. The average 12-month price objective from these analysts is $340.53. This analyst consensus follows a period of mixed signals for the company. Duolingo announced a significant earnings beat on November 5th, reporting earnings per share of $5.95, which far surpassed consensus estimates of $0.72. However, the strong quarterly performance has been contrasted by significant insider selling, with about $23.65 million worth of shares sold by insiders over the past 90 days.
Duolingo Garners Consensus 'Hold' Rating Amid Mixed Analyst Views
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