William Blair Issues Positive Forecast for Duolingo Earnings

Duolingo, Inc. (NASDAQ:DUOL) – Analysts at William Blair upped their Q4 2025 earnings per share (EPS) estimates for Duolingo in a research report issued on Wednesday, August 6th. William Blair analyst R. Schackart now forecasts that the company will earn $0.94 per share for the quarter, up from their previous estimate of $0.86. The consensus estimate for Duolingo’s current full-year earnings is $2.03 per share. William Blair also issued estimates for Duolingo’s Q1 2026 earnings at $1.09 EPS.

Duolingo (NASDAQ:DUOL) last released its earnings results on Wednesday, August 6th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.36. Duolingo had a return on equity of 13.32% and a net margin of 13.24%. The firm had revenue of $252.27 million for the quarter, compared to the consensus estimate of $240.84 million. During the same period in the prior year, the business posted $0.51 earnings per share. The firm’s revenue for the quarter was up 41.5% compared to the same quarter last year.

Several other research firms also recently weighed in on DUOL. Citizens Jmp reduced their target price on Duolingo from $475.00 to $450.00 and set a “mkt outperform” rating on the stock in a research report on Monday, July 28th. Morgan Stanley upped their price target on Duolingo from $480.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday. Needham & Company LLC upped their price target on Duolingo from $400.00 to $460.00 and gave the stock a “buy” rating in a research note on Friday, May 2nd. Scotiabank upped their price target on Duolingo from $405.00 to $470.00 and gave the stock a “sector outperform” rating in a research note on Friday, May 2nd. Finally, DA Davidson dropped their price target on Duolingo from $600.00 to $500.00 and set a “buy” rating for the company in a research note on Wednesday, June 25th. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $454.20.

Duolingo Stock Performance

NASDAQ DUOL opened at $370.34 on Friday. The business’s 50-day moving average price is $410.89 and its 200 day moving average price is $392.33. Duolingo has a twelve month low of $178.87 and a twelve month high of $544.93. The company has a market capitalization of $16.83 billion, a PE ratio of 152.40, a price-to-earnings-growth ratio of 2.79 and a beta of 0.87. The company has a current ratio of 2.81, a quick ratio of 2.68 and a debt-to-equity ratio of 0.10.

Institutional Investors Weigh In On Duolingo

A number of large investors have recently modified their holdings of DUOL. Rise Advisors LLC grew its stake in Duolingo by 43.6% during the 1st quarter. Rise Advisors LLC now owns 79 shares of the company’s stock valued at $25,000 after purchasing an additional 24 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Duolingo by 20.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 153 shares of the company’s stock valued at $48,000 after purchasing an additional 26 shares in the last quarter. Parallel Advisors LLC grew its stake in Duolingo by 16.3% during the 2nd quarter. Parallel Advisors LLC now owns 186 shares of the company’s stock valued at $76,000 after purchasing an additional 26 shares in the last quarter. US Bancorp DE grew its stake in Duolingo by 1.4% during the 2nd quarter. US Bancorp DE now owns 1,968 shares of the company’s stock valued at $807,000 after purchasing an additional 28 shares in the last quarter. Finally, Lido Advisors LLC grew its stake in Duolingo by 0.3% during the 4th quarter. Lido Advisors LLC now owns 10,104 shares of the company’s stock valued at $3,276,000 after purchasing an additional 30 shares in the last quarter. Institutional investors and hedge funds own 91.59% of the company’s stock.

Insider Activity

In other news, insider Severin Hacker sold 10,000 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $344.41, for a total value of $3,444,100.00. Following the completion of the sale, the insider owned 72 shares in the company, valued at approximately $24,797.52. This trade represents a 99.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 50,000 shares of company stock valued at $20,939,300 in the last ninety days. 15.67% of the stock is currently owned by company insiders.

Duolingo Company Profile

Duolingo, Inc operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers courses in 40 different languages, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam.