DA Davidson raises target for Duolingo stock to USD 175

Published on 10/02/2026 at 12:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DA Davidson set a USD 175 target on September 29, 2026. Duolingo stock grew revenue 18.30 percent to USD 298.45 million in the second quarter of 2026.

DUOL, US26603R1068, Illustration mit AI erstellt.

Duolingo (US26603R1068) received a fresh analyst target of USD 175 on September 29, 2026, when DA Davidson maintained its Buy rating, according to Investing.com. The call puts user activity at the center of the debate around Duolingo stock, while the latest reported quarter shows measurable revenue growth.

Target reaches USD 175

DA Davidson analyst Wyatt Swanson maintained the Buy rating and USD 175 target, citing recent user activity data, Investing.com reported on September 29, 2026. The same report said Evercore ISI upgraded Duolingo to Outperform and raised its target to USD 210, with its 2027 and 2028 earnings estimates 10.00 percent and 25.00 percent above consensus, respectively.

The analyst action is significant because the broader consensus remains more cautious. MarketBeat reported a Hold consensus and an average target of USD 124.38 on October 1, 2026, while DA Davidson's USD 175 view stands well above that average, MarketBeat reported.

Revenue growth remains measurable

Duolingo generated USD 298.45 million of revenue in the second quarter of 2026, up 18.30 percent from the year-ago quarter. Earnings per share reached USD 0.66 versus a USD 0.60 consensus estimate, while daily active users increased 23.00 percent to 58.70 million, according to Yahoo Finance.

That combination gives the target revisions a concrete operating reference: revenue expanded, user engagement accelerated, and earnings per share exceeded consensus. The counterweight is profitability pressure from investment in product development and user growth, which the same second-quarter figures reflected through lower earnings than the year-ago period.

Nasdaq snapshot stays wide

DUOL was last at USD 146.57 on Nasdaq on October 1, 2026 at 4:00 p.m. EDT. The stock's 52-week range was USD 87.89 to USD 353.00, and market capitalization stood at USD 6.8 billion on that date.