Research Analysts Set Expectations for Duolingo Q1 Earnings

Duolingo, Inc. (NASDAQ:DUOL - Free Report) - Equities research analysts at William Blair issued their Q1 2026 earnings estimates for Duolingo in a research report issued on Thursday, May 1st. William Blair analyst R. Schackart anticipates that the company will post earnings of $0.91 per share for the quarter. The consensus estimate for Duolingo's current full-year earnings is $2.03 per share. William Blair also issued estimates for Duolingo's Q2 2026 earnings at $0.94 EPS, Q3 2026 earnings at $1.02 EPS and Q4 2026 earnings at $1.08 EPS.

Duolingo (NASDAQ:DUOL - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.20. The company had revenue of $230.74 million for the quarter, compared to the consensus estimate of $223.15 million. Duolingo had a net margin of 12.59% and a return on equity of 11.74%. Duolingo's revenue for the quarter was up 37.6% on a year-over-year basis.

DUOL has been the subject of a number of other reports. Barclays increased their price target on shares of Duolingo from $330.00 to $375.00 and gave the stock an "equal weight" rating in a research report on Friday, May 2nd. Citizens Jmp upgraded shares of Duolingo from a "market perform" rating to an "outperform" rating and set a $400.00 target price for the company in a research report on Tuesday, March 18th. DA Davidson boosted their price target on shares of Duolingo from $410.00 to $470.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Jefferies Financial Group assumed coverage on shares of Duolingo in a research note on Friday, January 24th. They issued a "hold" rating and a $370.00 price target on the stock. Finally, JMP Securities reissued a "market perform" rating on shares of Duolingo in a research report on Friday, February 14th. Seven equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $426.29.

Duolingo Stock Up 1.0 %

Duolingo stock traded up $5.01 during mid-day trading on Monday, hitting $495.56. The company's stock had a trading volume of 1,054,128 shares, compared to its average volume of 741,385. Duolingo has a 52-week low of $145.05 and a 52-week high of $504.31. The company has a market cap of $22.42 billion, a PE ratio of 270.80 and a beta of 0.88. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.09 and a quick ratio of 3.09. The firm's 50 day moving average is $330.76 and its 200 day moving average is $339.70.

Insider Transactions at Duolingo

In related news, insider Natalie Glance sold 2,667 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $435.28, for a total transaction of $1,160,891.76. Following the transaction, the insider now owns 129,572 shares of the company's stock, valued at approximately $56,400,100.16. The trade was a 2.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Severin Hacker sold 10,000 shares of the stock in a transaction on Monday, May 5th. The shares were sold at an average price of $495.95, for a total transaction of $4,959,500.00. Following the completion of the sale, the insider now directly owns 72 shares of the company's stock, valued at approximately $35,708.40. This trade represents a 99.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 109,868 shares of company stock worth $38,594,200 over the last three months. 18.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Duolingo

Several institutional investors and hedge funds have recently added to or reduced their stakes in DUOL. Norden Group LLC bought a new stake in shares of Duolingo in the 1st quarter worth approximately $479,000. LPL Financial LLC lifted its position in Duolingo by 39.8% in the first quarter. LPL Financial LLC now owns 5,868 shares of the company's stock worth $1,822,000 after purchasing an additional 1,670 shares during the period. TD Asset Management Inc boosted its stake in Duolingo by 12.7% during the first quarter. TD Asset Management Inc now owns 107,520 shares of the company's stock worth $33,389,000 after buying an additional 12,138 shares in the last quarter. Skandinaviska Enskilda Banken AB publ increased its holdings in Duolingo by 269.3% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 277 shares of the company's stock valued at $86,000 after buying an additional 202 shares during the period. Finally, Pacer Advisors Inc. raised its stake in shares of Duolingo by 92.6% in the 1st quarter. Pacer Advisors Inc. now owns 84,433 shares of the company's stock valued at $26,220,000 after buying an additional 40,600 shares in the last quarter. 91.59% of the stock is currently owned by institutional investors.

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.