Earnings rout: Duolingo shares plunged more than 20% after quarterly results disappointed investors with subdued guidance, pushing the stock near $90 from a 2025 peak above $540. Social media erupted with frustration over decelerating growth rates, amplifying fears of structural headwinds. The rapid decline has erased billions in market value in under a year.
Defiant bulls: Amid the selloff, advocates point to persistent daily active users exceeding 50 million and robust free cash flow nearing $360 million. Expansions into chess and math underscore the platform's habit-forming appeal beyond languages. Several voices decry the valuation as overly punitive given the balance sheet strength and AI integrations like Duolingo Max.
AI skepticism: Detractors dominate chatter, warning that advanced translation tools erode the need for dedicated learning apps. Insider changes and normalizing bookings growth intensify doubts about future acceleration. Discussions reveal a stark divide, with bears labeling it obsolete while optimists eye rebound potential.
Note: This discussion summary was generated from an AI condensation of post data.
Duolingo Insider Trading Activity
Duolingo insiders have traded $DUOL stock on the open market 100 times in the past 6 months. Of those trades, 0 have been purchases and 100 have been sales.
Here’s a breakdown of recent trading of $DUOL stock by insiders over the last 6 months:
- SEVERIN HACKER (Chief Tech Officer, Co-Founder) has made 0 purchases and 57 sales selling 60,000 shares for an estimated $16,297,076.
- NATALIE GLANCE (Chief Engineering Officer) has made 0 purchases and 20 sales selling 13,574 shares for an estimated $2,504,573.
- MATTHEW SKARUPPA (Chief Financial Officer) has made 0 purchases and 11 sales selling 11,714 shares for an estimated $1,694,028.
- STEPHEN C. CHEN (General Counsel) has made 0 purchases and 10 sales selling 5,593 shares for an estimated $808,323.
- ROBERT MEESE (Chief Business Officer) has made 0 purchases and 2 sales selling 2,444 shares for an estimated $367,019.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Duolingo Revenue
Duolingo had revenues of $282.9M in Q4 2025. This is an increase of 34.99% from the same period in the prior year.
You can track DUOL financials on Quiver Quantitative's DUOL stock page.
Duolingo Hedge Fund Activity
We have seen 237 institutional investors add shares of Duolingo stock to their portfolio, and 443 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BAILLIE GIFFORD & CO added 2,033,611 shares (+71.9%) to their portfolio in Q4 2025, for an estimated $356,898,730
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 798,403 shares (-62.2%) from their portfolio in Q4 2025, for an estimated $140,119,726
- DURABLE CAPITAL PARTNERS LP removed 755,738 shares (-86.4%) from their portfolio in Q4 2025, for an estimated $132,632,019
- STATE OF MICHIGAN RETIREMENT SYSTEM added 551,000 shares (+5800.0%) to their portfolio in Q4 2025, for an estimated $96,700,500
- FMR LLC removed 537,909 shares (-16.9%) from their portfolio in Q4 2025, for an estimated $94,403,029
- FIL LTD added 497,517 shares (+1715575.9%) to their portfolio in Q4 2025, for an estimated $87,314,233
- DRAGONEER INVESTMENT GROUP, LLC removed 420,900 shares (-26.6%) from their portfolio in Q4 2025, for an estimated $73,867,950
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Duolingo Analyst Ratings
Wall Street analysts have issued reports on $DUOL in the last several months. We have seen 4 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 11/06/2025
- Citigroup issued a "Buy" rating on 11/06/2025
- Scotiabank issued a "Sector Outperform" rating on 11/06/2025
- Needham issued a "Buy" rating on 11/06/2025
- Wells Fargo issued a "Underweight" rating on 09/08/2025
To track analyst ratings and price targets for Duolingo, check out Quiver Quantitative's $DUOL forecast page.
Duolingo Price Targets
Multiple analysts have issued price targets for $DUOL recently. We have seen 15 analysts offer price targets for $DUOL in the last 6 months, with a median target of $230.0.
Here are some recent targets:
- Bryan Smilek from JP Morgan set a target price of $95.0 on 02/27/2026
- Nathan Feather from Morgan Stanley set a target price of $100.0 on 02/27/2026
- Mark Mahaney from Evercore ISI Group set a target price of $114.0 on 02/27/2026
- Ryan MacDonald from Needham set a target price of $145.0 on 02/27/2026
- Wyatt Swanson from DA Davidson set a target price of $170.0 on 01/27/2026
- Alec Brondolo from Wells Fargo set a target price of $160.0 on 01/08/2026
- Arvind Ramnani from Truist Securities set a target price of $245.0 on 01/06/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
