William Blair Issues Positive Forecast for Duolingo Earnings

Duolingo, Inc. (NASDAQ:DUOL) – Equities research analysts at William Blair upped their Q3 2025 earnings estimates for Duolingo in a report issued on Wednesday, August 6th. William Blair analyst R. Schackart now expects that the company will post earnings per share of $0.84 for the quarter, up from their previous estimate of $0.66. The consensus estimate for Duolingo’s current full-year earnings is $2.03 per share. William Blair also issued estimates for Duolingo’s FY2025 earnings at $3.39 EPS, Q2 2026 earnings at $1.27 EPS, Q3 2026 earnings at $1.26 EPS, Q4 2026 earnings at $1.37 EPS and FY2026 earnings at $5.00 EPS.

Other analysts have also recently issued reports about the stock. Scotiabank increased their price target on shares of Duolingo from $405.00 to $470.00 and gave the company a “sector outperform” rating in a research note on Friday, May 2nd. Wall Street Zen raised shares of Duolingo from a “hold” rating to a “buy” rating in a research note on Saturday. Barclays increased their price target on shares of Duolingo from $375.00 to $390.00 and gave the company an “equal weight” rating in a research note on Thursday. The Goldman Sachs Group increased their price target on shares of Duolingo from $340.00 to $403.00 and gave the company a “neutral” rating in a research note on Monday, May 5th. Finally, JMP Securities decreased their price target on shares of Duolingo from $475.00 to $450.00 and set a “market outperform” rating on the stock in a research note on Monday, July 28th. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $454.20.

Duolingo Price Performance

DUOL opened at $370.34 on Monday. Duolingo has a one year low of $178.87 and a one year high of $544.93. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.81 and a quick ratio of 2.81. The company’s 50 day simple moving average is $410.89 and its 200-day simple moving average is $392.72. The stock has a market capitalization of $16.83 billion, a P/E ratio of 152.40, a price-to-earnings-growth ratio of 2.47 and a beta of 0.87.

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

Hedge Funds Weigh In On Duolingo

A number of hedge funds and other institutional investors have recently made changes to their positions in DUOL. T. Rowe Price Investment Management Inc. boosted its position in shares of Duolingo by 110.5% during the first quarter. T. Rowe Price Investment Management Inc. now owns 990,903 shares of the company’s stock worth $307,716,000 after purchasing an additional 520,069 shares in the last quarter. Invesco Ltd. boosted its position in shares of Duolingo by 24.1% during the first quarter. Invesco Ltd. now owns 1,346,278 shares of the company’s stock worth $418,073,000 after purchasing an additional 261,212 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Duolingo by 41,959.1% during the first quarter. GAMMA Investing LLC now owns 239,737 shares of the company’s stock worth $74,448,000 after purchasing an additional 239,167 shares in the last quarter. Nuveen LLC bought a new position in shares of Duolingo during the first quarter worth $42,950,000. Finally, 1832 Asset Management L.P. raised its holdings in shares of Duolingo by 746.9% during the first quarter. 1832 Asset Management L.P. now owns 137,200 shares of the company’s stock worth $42,606,000 after acquiring an additional 121,000 shares during the period. 91.59% of the stock is owned by institutional investors.

Insider Buying and Selling at Duolingo

In other news, insider Severin Hacker sold 10,000 shares of Duolingo stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $344.41, for a total transaction of $3,444,100.00. Following the transaction, the insider directly owned 72 shares of the company’s stock, valued at $24,797.52. This trade represents a 99.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 50,000 shares of company stock worth $20,939,300 over the last quarter. Company insiders own 18.30% of the company’s stock.

About Duolingo

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.