Duolingo (DUOL)

• Market cap: $14.1B
• 1 day: -0.46%
• 5 days: 15.83%
• 1 month: -4.65%
• 3 months: -36.05%
• 6 months: 5.8%
• Year to date: -5.51%
• 1 year: 34.48%
• 5 years: 121.5%
• 10 years: 121.5%
• Sector: Technology
• Industry: Software - Application

About: Duolingo Inc is a technology company that develops a mobile learning platform to learn languages and is the top-grossing app in the Education category on both Google Play and the Apple App Store. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated master new material, and achieve their learning goals. Its solutions include the Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has four predominant sources of revenue; time-based subscriptions, in-app advertising placement by third parties, and the Duolingo English Test, and In-App Purchases.

Employees: 830

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

249% more first-time investments, than exits

New positions opened: 164 | Existing positions closed: 47

79% more repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 132

40% more capital invested

Capital invested by funds: $11.3B [Q1] → $15.8B (+$4.47B) [Q2]

24% more funds holding

Funds holding: 466 [Q1] → 578 (+112) [Q2]

4.78% more ownership

Funds ownership: 93.2% [Q1] → 97.98% (+4.78%) [Q2]

33% less funds holding in top 10

Funds holding in top 10: 12 [Q1] → 8 (-4) [Q2]

38% less call options, than puts

Call options by funds: $253M | Put options by funds: $410M

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $239
• Avg. target: $411
• High target: $575

10 analyst ratings

• positive: 6 60%
• neutral: 3 30%
• negative: 1 10%

Wells Fargo Alec Brondolo	$239	Underweight Initiated	8 Sep 2025
Baird Vikram Kesavabhotla	$280	Neutral Initiated	5 Sep 2025
DA Davidson Wyatt Swanson	$300	Neutral Downgraded	4 Sep 2025
Citigroup Ygal Arounian	$400	Buy Initiated	18 Aug 2025
Keybanc Justin Patterson	$460	Overweight Upgraded	18 Aug 2025