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Duolingo rises ~5% premarket after Evercore doubles price target

Barrons.com +1 ·

DUOL
DUOL Duolingo Inc
$148.36 +0.94%
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NFLX -0.82%
  1. 1Duolingo (DUOL) up ~5% premarket; Evercore ISI doubles PT, upgrades to Outperform
  2. 2Target raised to $210 from $105; FY27/FY28 EPS estimates 10%/25% above consensus
  3. 3Sees entry into a Netflix-like growth cycle in 2022; projects ~99M daily users by 2028

This 3-line summary is compiled from the report below.

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