Gavrilova, EkaterinaPlut, Maximilian2025-02-262025-02-262024-01-302023-12-20http://hdl.handle.net/10362/179866This thesis investigates the target share price of Duolingo, employing the DCF method for intrinsic valuation and trading and transaction comparables for relative valuation. The findings indicate a target share price of $237.8, marking an 8% premium to the share price as of finalization of this report, which leads to a “buy” recommendation. Furthermore, the paper underscores the limitations of traditional valuation methods when applied to high-growth tech firms. It is enriched with a literature review that critiques their applicability in this context, highlighting the need for nuanced valuation methodologies suited to the unique dynamics of high-growth tech companies.engDuolingoEdtechValuationEquityEnterprise valueGrowthUnlocking value in EdTech: an equity research paper on Duolingo Inc. (DUOL)master thesis203866584