On July 27, Duolingo, Inc. rose 5.11% in regular trading, trading at $128.78/share, with turnover of $43.93 million.

On the news front, JP Morgan significantly raised its target price on Duolingo from $94 to $125, representing a 33% increase, while maintaining a Neutral rating. Notably, JP Morgan had previously slashed its target from $200 to $95 in late February following disappointing full-year guidance. The latest upgrade signals a reassessment of the company's trajectory after months of sentiment deterioration.

The target price revision comes as sentiment repair following a broader software sector selloff triggered by IBM's weaker-than-expected preliminary results on July 14, which had dragged Duolingo down over 4%. Looking ahead, the company is scheduled to report second-quarter earnings on August 5, with consensus EPS expectations at $0.61. Earlier this year, the company guided full-year bookings of $1.27-1.30 billion, below prior market expectations of $1.39 billion, while flagging elevated AI R&D and marketing spend growth exceeding revenue growth.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)