Duolingo (NASDAQ:DUOL) Issues Quarterly Earnings Results

Posted by George Bondi on Nov 3rd, 2026

Duolingo (NASDAQ:DUOL – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.03), FiscalAI reports. Duolingo had a net margin of 35.88% and a return on equity of 12.10%. The firm had revenue of $309.01 million during the quarter, compared to analyst estimates of $303.22 million.

Duolingo Price Performance

NASDAQ:DUOL traded down $7.27 on Tuesday, reaching $128.00. The stock had a trading volume of 2,411,616 shares, compared to its average volume of 1,760,530. The company has a market capitalization of $5.99 billion, a P/E ratio of 15.17, a price-to-earnings-growth ratio of 1.11 and a beta of 1.05. Duolingo has a 1-year low of $87.89 and a 1-year high of $268.97. The company has a quick ratio of 2.72, a current ratio of 2.72 and a debt-to-equity ratio of 0.06. The stock has a fifty day moving average price of $145.02 and a 200-day moving average price of $124.24.

Analyst Ratings Changes

A number of brokerages recently commented on DUOL. UBS Group upped their target price on Duolingo from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. DA Davidson reiterated a “buy” rating and set a $175.00 price target on shares of Duolingo in a research note on Tuesday, September 29th. JPMorgan Chase & Co. boosted their price target on shares of Duolingo from $125.00 to $135.00 and gave the company a “neutral” rating in a report on Thursday, August 27th. Evercore restated an “outperform” rating on shares of Duolingo in a research note on Monday. Finally, Susquehanna assumed coverage on shares of Duolingo in a report on Tuesday, August 18th. They set a “positive” rating for the company. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Duolingo currently has an average rating of “Hold” and a consensus price target of $127.19.

View Our Latest Analysis on DUOL

Insider Activity

In other news, insider Natalie Glance sold 1,539 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $137.80, for a total value of $212,074.20. Following the transaction, the insider directly owned 169,111 shares of the company’s stock, valued at $23,303,495.80. The trade was a 0.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Stephen C. Chen sold 8,072 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $149.33, for a total value of $1,205,391.76. Following the sale, the general counsel owned 43,769 shares in the company, valued at approximately $6,536,024.77. This trade represents a 15.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 250,740 shares of company stock valued at $37,685,893 over the last three months. 16.62% of the stock is owned by corporate insiders.

More Duolingo News

Here are the key news stories impacting Duolingo this week:

Neutral Sentiment: A recent earnings-watch article highlights a GF Value model estimate suggesting substantial upside. This is a valuation-model projection, not company guidance or a guarantee. Earnings To Watch: Duolingo Inc (DUOL) Q3 2026
Negative Sentiment: Several law firms publicized a pending securities class action covering investors who bought Duolingo Class A shares from May 2, 2025, through February 26, 2026. The suit alleges the company’s disclosures failed to reflect concerns about growth prospects, monetization friction and AI-generated lessons; one notice contrasts reported 49% user growth with an alleged outlook of about 20%. Investors have until December 7, 2026, to seek lead-plaintiff status. The claims could add legal and reputational uncertainty, although they remain unproven. Levi & Korsinsky notice

Duolingo Company Profile

(Get Free Report)

Duolingo, Inc develops technology-based learning products designed to make education accessible and engaging. Its flagship Duolingo mobile and web platform offers gamified courses in languages including Spanish, English, French, German and Japanese, among others. Lessons incorporate interactive exercises, personalized practice and achievement-based features intended to support regular learning.

The company also operates the Duolingo English Test, an online English-proficiency assessment that can be taken remotely and is accepted by educational institutions and other organizations.