Movement Alert｜Duolingo, Inc. Rises 6.24% in Pre-Market Trading, D.A. Davidson Upgrades to Buy with $160 Target

Market Focus

Aug 19

On August 19, Duolingo, Inc. rose 6.24% in pre-market trading, trading at $149.0/share, with turnover of $10.34 million. The stock continued its upward momentum following a key analyst upgrade.

On the news front, investment bank D.A. Davidson upgraded Duolingo from Neutral to Buy and raised its price target from $130 to $160. This follows UBS raising its target earlier this month from $125 to $150 while maintaining a Buy rating, signaling a concentrated wave of bullish institutional sentiment.

The upgrades come on the heels of solid Q2 results reported on August 5. Duolingo posted revenue of $298.5 million, beating the consensus estimate of $295.6 million, while EPS of $0.66 exceeded the $0.61 expectation. Additionally, the company recently acquired UK-based animation studio Animade to bolster its product design capabilities and appointed former Citigroup CFO Sallie Krawcheck to its board, reinforcing its governance structure.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Rises 6.24% in Pre-Market Trading, D.A. Davidson Upgrades to Buy with $160 Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-08-19 19:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On August 19, Duolingo, Inc. rose 6.24% in pre-market trading, trading at $149.0/share, with turnover of $10.34 million. The stock continued its upward momentum following a key analyst upgrade.</p><p>On the news front, investment bank D.A. Davidson upgraded Duolingo from Neutral to Buy and raised its price target from $130 to $160. 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