Duolingo, Inc. (DUOL)
| Market Cap | 6.75B -54.2% |
| Revenue (ttm) | 1.15B +29.4% |
| Net Income | 410.77M +250.5% |
| EPS | 8.39 +241.5% |
| Shares Out | 46.79M |
| PE Ratio | 16.80 |
| Forward PE | 53.54 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 155,553 |
| Open | 142.65 |
| Previous Close | 140.88 |
| Day's Range | 141.30 - 146.58 |
| 52-Week Range | 87.89 - 353.00 |
| Beta | 0.88 |
| Analysts | Hold |
| Price Target | 127.07 (-11.95%) |
| Earnings Date | Aug 5, 2026 |
About DUOL
Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers 250 language courses, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam. The company was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania.
Financial Performance
In 2025, Duolingo's revenue was $1.04 billion, an increase of 38.71% compared to the previous year's $748.02 million. Earnings were $414.07 million, an increase of 367.48%.
Financial StatementsAnalyst Summary
According to 24 analysts, the average rating for DUOL stock is "Hold." The 12-month stock price target is $127.07, which is a decrease of -11.95% from the latest price.
News
Duolingo price target raised to $135 from $125 at JPMorgan
JPMorgan analyst Bryan Smilek raised the firm’s price target on Duolingo (DUOL) to $135 from $125 and keeps a Neutral rating on the shares. The firm upped the company’s daily…
Duolingo price target raised to $150 from $139 at Wedbush
Wedbush analyst Ygal Arounian raised the firm’s price target on Duolingo (DUOL) to $150 from $139 and keeps a Neutral rating on the shares. Following Q2 results, the firm is…
Why is Duolingo stock surging 6% today
Duolingo DUOL stock climbed 6.6% on Tuesday despite a broader market decline, after DA Davidson upgraded the language-learning company's shares to Buy and raised its price target. The move comes as in...
Duolingo Nears a ‘Turning Point' and It's Why This Analyst Upgraded the Stock to Buy
Duolingo stock is upgraded to Buy at D.A. Davidson with a price target that implies 23% upside.
Norwegian Cruise downgrade, Duolingo upgraded: Wall Street’s top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by…
DA says Duolingo ‘nearing a turning point,’ upgrades to Buy
DA Davidson analyst Wyatt Swanson upgraded Duolingo (DUOL) to Buy from Neutral with a price target of $160, up from $130. The company’s marketing and core monetization changes are underappreciated…
Duolingo upgraded to Buy from Neutral at DA Davidson
DA Davidson upgraded Duolingo (DUOL) to Buy from Neutral with a $160 price target
Duolingo acquires Animade, terms undisclosed
Duolingo (DUOL) announced it has acquired Animade, a London-based animation and motion design studio. The acquisition expands Duolingo’s Design Studio. The acquisition also expands Duolingo’s presence...
Duolingo price target raised to $140 from $101 at Citi
Citi raised the firm’s price target on Duolingo (DUOL) to $140 from $101 and keeps a Neutral rating on the shares. The firm updated the company’s model post the Q2…
Duolingo Invests in World-Class Motion Design with Acquisition of Animade
Award-winning London studio expands Duolingo's creative capabilities to build even more engaging learning experiences Award-winning London studio expands Duolingo's creative capabilities to build even...
Duolingo Appoints Sallie Krawcheck to Board of Directors
Former Citigroup CFO and Ellevest Founder to join the Audit Committee Former Citigroup CFO and Ellevest Founder to join the Audit Committee
Duolingo price target lowered to $80 from $82 at Wells Fargo
Wells Fargo lowered the firm’s price target on Duolingo (DUOL) to $80 from $82 and keeps an Underweight rating on the shares. Daily active users accelerated to 23% year-over-year, and…
Duolingo price target lowered to $120 from $130 at Scotiabank
Scotiabank lowered the firm’s price target on Duolingo (DUOL) to $120 from $130 and keeps a Sector Perform rating on the shares. While the company’s results likely increased investor confidence…
Duolingo stock sinks 15% as Q3 revenue forecast misses expectations
Duolingo DUOL shares fell about 15% on Thursday after the language-learning platform issued a third-quarter revenue forecast that fell short of Wall Street expectations, overshadowing better-than-expe...
Duolingo price target raised to $130 from $120 at DA Davidson
DA Davidson raised the firm’s price target on Duolingo (DUOL) to $130 from $120 and keeps a Neutral rating on the shares. Duolingo delivered strong Q2 DAU growth with raised…
Duolingo price target raised to $105 from $97 at Evercore ISI
Evercore ISI raised the firm’s price target on Duolingo (DUOL) to $105 from $97 and keeps an In Line rating on the shares.
Duolingo price target raised to $120 from $100 at Truist
Truist raised the firm’s price target on Duolingo (DUOL) to $120 from $100 and keeps a Hold rating on the shares. Duolingo delivered a strong Q2 with improved user growth…
Duolingo price target raised to $150 from $125 at UBS
UBS raised the firm’s price target on Duolingo (DUOL) to $150 from $125 and keeps a Buy rating on the shares. The Q2 print reinforced Duolingo’s ability to sustain strong…
Duolingo price target raised to $115 from $110 at Barclays
Barclays raised the firm’s price target on Duolingo (DUOL) to $115 from $110 and keeps an Equal Weight rating on the shares. The firm says the company’s strategic reset started…
Duolingo Earnings Call Transcript: Q2 2026
Q2 delivered 23% DAU growth and strong retention, with profitability and margins ahead of plan. AI cost savings and product improvements support raised EBITDA guidance, while new features and marketing strategies drive user and revenue growth.
Duolingo Earnings release: Q2 2026
Duolingo released its Q2 2026 earnings on August 5, 2026, summarizing the period's financial results.
Duolingo Shareholder letter: Q2 2026
Duolingo has published a letter to shareholders covering Q2 2026, which was released on August 5, 2026.
Duolingo Quarterly report: Q2 2026
Duolingo has published its Q2 2026 quarterly earnings report on August 5, 2026.
Duolingo reports Q2 diluted EPS 66c, consensus 62c
Reports Q2 revenue $298.5M, consensus $295.56M. Reports 58.7M daily active users in Q2. Reports 12.7M paid subscribers at period end. “Q2 was a strong quarter, with DAU growth of 23%…
Duolingo sees Q3 revenue $302M, consensus $304.05M
Sees Q3 year-over-year revenue growth of 11.1%. Sees Q3 adjusted EBITDA of $76M.