Abstract In this paper, we attempt to answer the question of whether neural network models can learn numeracy, which is the ability to predict the magnitude of a numeral at some specific position in a text description. A large benchmark dataset, called Numeracy-600K, is provided for the novel task. We explore several neural network models including CNN, GRU, BiGRU, CRNN, CNN-capsule, GRU-capsule, and BiGRU-capsule in the experiments. The results show that the BiGRU model gets the best micro-averaged F1 score of 80.16%, and the GRU-capsule model gets the best macroaveraged F1 score of 64.71%. Besides discussing the challenges through comprehensive experiments, we also present an important application scenario, i.e., detecting exaggerated information, for the task