Duolingo is trading 4.54% up now at $155.10 after Evercore ISI upgraded the company from Inline to Outperform on August 31, 2026, and raised its price target to $210 from $105.
- Bloomberg identified the upgrade as the catalyst behind the extended-hours move.
- Evercore cited stronger estimates, product improvements, user-growth tracking, and channel checks supporting renewed growth expectations.
- The move was company-specific rather than driven by broader markets, which were weaker on September 1, 2026.