Duolingo’s stock is currently trading at a significant discount according to analysts, with a target price suggesting a -47.66% difference.
Paycom Software, Inc. (NYSE:PAYC) shows positive growth potential with a target price indicating a 28.79% increase.
Other peers like Bill.com Holdings, Inc. (NYSE:BILL) and monday.com Ltd. (NASDAQ:MNDY) also face pessimistic outlooks, similar to Duolingo.
Duolingo, Inc. (NASDAQ:DUOL) is a popular language-learning platform known for its user-friendly app and gamified learning experience. Despite its innovative approach, Duolingo’s stock is currently trading at $486.42, with a target price of $254.59. This significant price difference of -47.66% suggests a pessimistic outlook from analysts, leading to its exclusion from coverage.
In contrast, Paycom Software, Inc. (NYSE:PAYC) stands out among Duolingo’s peers with positive growth potential. Paycom’s current price is $227.37, and its target price is $292.83, resulting in a price percentage difference of 28.79%. This indicates a favorable view from analysts, suggesting that Paycom may be a more attractive investment option.
Other peers like Bill.com Holdings, Inc. (NYSE:BILL) and monday.com Ltd. (NASDAQ:MNDY) also show significant negative price percentage differences of -45.78% and -48.06%, respectively. This reflects a similar pessimistic sentiment as Duolingo, with target prices well below their current market prices.
On the other hand, Datadog, Inc. (NASDAQ:DDOG) and Atlassian Corporation (NASDAQ:TEAM) exhibit positive price percentage differences of 24.47% and 8.52%, respectively. This suggests a more optimistic outlook from analysts, with target prices above their current market prices, indicating potential growth opportunities.
ServiceNow, Inc. (NYSE:NOW) and The Trade Desk, Inc. (NASDAQ:TTD) have negative price percentage differences of -19.62% and -6.34%, respectively. While not as severe as Duolingo, these figures still reflect a cautious stance from analysts regarding their future performance.
