Duolingo (DUOL) Stock Insights
$6.30B
Market Cap
15.88
P/E
49.23
Forward P/E
61
Score
DUOL price $135.19 -6.12 -4.33%
Stocklytics score rationale: value 59, quality 78, growth 46.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 70760000 | 161696000 | 250772000 | 369495000 | 531109000 | 748024000 | 1037589000 |
Duolingo, Inc. builds and operates an online platform and a mobile application dedicated to language learning, catering to audiences in both the United States and China. The company's comprehensive curriculum spans 40 diverse languages, featuring prominent options such as Spanish, English, French, Japanese, German, Italian, Chinese, and Portuguese, among others. Furthermore, it offers a digital examination for…
DUOL fair value $121.29. Price $135.19. Price is 11% above fair value.
Below fair value, and cheaper than usual. A larger discount than on 84% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 405.20M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.20% (beta 0.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 46.59M. Net debt -942.61M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-03 | — | 0.57 | — | 303.20M |
| 2026-08-05 | 0.66 | 0.60 | 298.45M | 295.58M |
| 2026-05-04 | 0.89 | 0.79 | 291.97M | 288.60M |
| 2026-02-26 | 0.94 | 0.79 | 282.87M | 275.95M |
| 2025-11-05 | 5.95 | 0.76 | 271.71M | 260.30M |
| 2025-08-06 | 0.91 | 0.55 | 252.26M | 257.24M |
| 2025-05-01 | 0.72 | 0.52 | 230.74M | 223.18M |
| 2025-02-27 | 0.31 | 0.48 | 209.55M | 205.46M |
| 2024-11-06 | 0.49 | 0.35 | 192.59M | 189.19M |
| 2024-08-07 | 0.51 | 0.32 | 178.33M | 189.04M |
| 2024-05-08 | 0.57 | 0.27 | 167.55M | 165.60M |
| 2024-02-28 | 0.26 | 0.17 | 150.99M | 148.09M |
| 2023-11-08 | 0.06 | -0.11 | 137.62M | 147.35M |
| 2023-08-08 | 0.08 | -0.19 | 126.84M | 123.87M |
| 2023-05-09 | -0.06 | -0.24 | 115.66M | 123.92M |
| 2023-02-28 | -0.35 | -0.53 | 103.82M | 112.86M |
| 2022-11-10 | -0.46 | -0.59 | 96.06M | 95.31M |
| 2022-08-04 | -0.38 | -0.50 | 88.39M | 85.70M |
| 2022-05-12 | -0.31 | -0.59 | 81.22M | 77.56M |
| 2022-03-03 | -0.46 | -0.57 | 73.01M | 68.99M |
| 2021-11-10 | -0.98 | -0.92 | 63.59M | 59.45M |
| 2021-08-11 | -0.01 | — | 58.80M | — |
| 2021-07-28 | -0.42 | — | 55.36M | — |
| 2020-12-31 | -0.33 | — | 48.27M | — |
| 2020-09-30 | -0.10 | — | 45.30M | — |
| 2020-06-30 | 0.00 | — | 40.01M | — |
| 2020-03-31 | -0.07 | — | 28.11M | — |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-10 | Shelton James H | Buy | 100 | $149.92 | 14.99K |
| 2026-10-10 | Schlosser Mario | Buy | 116 | $149.92 | 17.39K |
| 2026-10-10 | Lilly III John Osborne | Buy | 98 | $149.92 | 14.69K |
| 2026-10-10 | Bohutinsky Amy | Buy | 108 | $149.92 | 16.19K |
| 2026-10-07 | von Ahn Luis | Buy | 110.05K | $38.08 | 4.19M |
| 2026-10-07 | von Ahn Luis | Sell | 110.05K | $38.08 | 4.19M |
| 2026-10-07 | von Ahn Luis | Buy | 110.05K | $38.08 | 4.19M |
| 2026-10-07 | von Ahn Luis | Sell | 20.02K | $150.63 | 3.02M |
| 2026-10-07 | von Ahn Luis | Sell | 55.04K | $151.52 | 8.34M |
| 2026-10-07 | von Ahn Luis | Sell | 29.87K | $152.47 | 4.55M |
| 2026-10-07 | von Ahn Luis | Sell | 110.05K | $38.08 | 4.19M |
| 2026-10-07 | von Ahn Luis | Sell | 5.11K | $153.26 | 783.78K |
| 2026-09-24 | von Ahn Luis | Buy | 46.68K | $38.08 | 1.78M |
| 2026-09-24 | von Ahn Luis | Sell | 46.68K | $38.08 | 1.78M |
| 2026-09-24 | von Ahn Luis | Sell | 46.68K | $38.08 | 1.78M |
| 2026-09-24 | von Ahn Luis | Buy | 46.68K | $38.08 | 1.78M |
| 2026-09-24 | von Ahn Luis | Sell | 38.76K | $150.45 | 5.83M |
| 2026-09-24 | von Ahn Luis | Sell | 7.02K | $151.42 | 1.06M |
| 2026-09-24 | von Ahn Luis | Sell | 900 | $152.29 | 137.06K |
| 2026-09-22 | von Ahn Luis | Buy | 3.61K | $38.08 | 137.62K |
| 2026-09-22 | von Ahn Luis | Sell | 3.61K | $38.08 | 137.62K |
| 2026-09-22 | von Ahn Luis | Sell | 3.61K | $38.08 | 137.62K |
| 2026-09-22 | von Ahn Luis | Buy | 3.61K | $38.08 | 137.62K |
| 2026-09-22 | von Ahn Luis | Sell | 200 | $150.00 | 30.00K |
| 2026-09-22 | von Ahn Luis | Sell | 3.41K | $152.02 | 519.00K |
| 2026-09-21 | von Ahn Luis | Buy | 27.96K | $14.42 | 403.18K |
| 2026-09-21 | von Ahn Luis | Buy | 9.41K | $38.08 | 358.18K |
| 2026-09-21 | von Ahn Luis | Sell | 9.41K | $38.08 | 358.18K |
| 2026-09-21 | von Ahn Luis | Buy | 9.41K | $38.08 | 358.18K |
| 2026-09-21 | von Ahn Luis | Buy | 27.96K | $14.42 | 403.18K |
| 2026-09-21 | von Ahn Luis | Sell | 33.26K | $150.46 | 5.00M |
| 2026-09-21 | von Ahn Luis | Sell | 4.11K | $151.07 | 620.75K |
| 2026-09-21 | von Ahn Luis | Sell | 27.96K | $14.42 | 403.18K |
| 2026-09-16 | von Ahn Luis | Buy | 23.04K | $14.42 | 332.24K |
| 2026-09-16 | von Ahn Luis | Buy | 5.25K | $38.08 | 200.00K |
| 2026-09-16 | von Ahn Luis | Sell | 5.25K | $38.08 | 200.00K |
| 2026-09-16 | von Ahn Luis | Sell | 5.25K | $38.08 | 200.00K |
| 2026-09-16 | von Ahn Luis | Buy | 5.25K | $38.08 | 200.00K |
| 2026-09-16 | von Ahn Luis | Sell | 23.04K | $14.42 | 332.24K |
| 2026-09-16 | von Ahn Luis | Buy | 23.04K | $14.42 | 332.24K |
| 2026-09-16 | von Ahn Luis | Sell | 27.27K | $150.17 | 4.10M |
| 2026-09-16 | von Ahn Luis | Sell | 1.02K | $151.54 | 154.57K |
| 2026-09-14 | Chen Stephen C. | Sell | 2.11K | $147.43 | 310.64K |
| 2026-09-14 | Chen Stephen C. | Sell | 5.96K | $150.00 | 894.75K |
| 2026-09-08 | GORDON WILLIAM B | Sell | 800 | $143.83 | 115.07K |
| 2026-09-08 | GORDON WILLIAM B | Sell | 2.74K | $144.59 | 396.46K |
| 2026-09-08 | GORDON WILLIAM B | Sell | 3.48K | $145.91 | 508.20K |
| 2026-09-08 | GORDON WILLIAM B | Sell | 2.67K | $146.58 | 392.11K |
| 2026-09-08 | GORDON WILLIAM B | Sell | 200 | $148.68 | 29.74K |
| 2026-09-08 | GORDON WILLIAM B | Sell | 100 | $151.64 | 15.16K |
| 2026-08-18 | Glance Natalie | Sell | 502 | $137.01 | 68.78K |
| 2026-08-18 | Glance Natalie | Sell | 1.04K | $138.19 | 143.30K |
| 2026-08-17 | Glance Natalie | Sell | 2.75K | $129.13 | 355.24K |
| 2026-08-17 | Meese Robert | Sell | 1.35K | $129.13 | 174.84K |
| 2026-08-17 | Chen Stephen C. | Sell | 1.02K | $129.13 | 132.23K |
| 2026-08-10 | KRAWCHECK SALLIE | Buy | 3.28K | — | — |
| 2026-08-10 | KRAWCHECK SALLIE | Buy | 1.31K | — | — |
| 2026-08-10 | KRAWCHECK SALLIE | Other | 0 | — | — |
| 2026-07-10 | Shelton James H | Buy | 120 | $124.76 | 14.97K |
| 2026-07-10 | Bohutinsky Amy | Buy | 130 | $124.76 | 16.22K |
| 2026-07-10 | Schlosser Mario | Buy | 140 | $124.76 | 17.47K |
| 2026-07-10 | Lilly III John Osborne | Buy | 118 | $124.76 | 14.72K |
| 2026-06-17 | Chen Stephen C. | Buy | 58 | $14.42 | 836 |
| 2026-06-17 | Chen Stephen C. | Sell | 58 | $14.42 | 836 |
| 2026-06-03 | Shelton James H | Buy | 2.00K | — | — |
| 2026-06-03 | Clemens Sara | Buy | 2.00K | — | — |
| 2026-06-03 | Bohutinsky Amy | Buy | 2.00K | — | — |
| 2026-06-03 | Lilly III John Osborne | Buy | 2.00K | — | — |
| 2026-06-03 | GORDON WILLIAM B | Buy | 2.00K | — | — |
| 2026-06-03 | Schlosser Mario | Buy | 2.00K | — | — |
| 2026-06-03 | Ross Bonnie | Buy | 2.00K | — | — |
| 2026-05-27 | Hacker Severin | Buy | 60.00K | — | — |
| 2026-05-27 | Hacker Severin | Sell | 60.00K | — | — |
| 2026-05-27 | Hacker Severin | Sell | 31.92K | — | — |
| 2026-05-27 | von Ahn Luis | Buy | 120.00K | — | — |
| 2026-05-27 | von Ahn Luis | Sell | 54.88K | — | — |
| 2026-05-27 | von Ahn Luis | Sell | 120.00K | — | — |
| 2026-05-18 | Chen Stephen C. | Sell | 1.28K | $113.27 | 144.65K |
| 2026-05-18 | Chen Stephen C. | Sell | 700 | $114.22 | 79.96K |
| 2026-05-18 | Glance Natalie | Sell | 2.06K | $113.21 | 233.22K |
| 2026-05-18 | Glance Natalie | Sell | 1.30K | $114.19 | 148.44K |
| 2026-05-15 | Chen Stephen C. | Buy | 24.41K | $112.06 | 2.74M |
| 2026-05-15 | Chen Stephen C. | Sell | 820 | $112.16 | 91.97K |
| 2026-05-15 | Glance Natalie | Buy | 39.06K | $112.06 | 4.38M |
| 2026-05-15 | Glance Natalie | Sell | 1.93K | $112.16 | 216.36K |
| 2026-05-15 | Meese Robert | Buy | 19.53K | $112.06 | 2.19M |
| 2026-05-15 | Meese Robert | Sell | 1.42K | $112.16 | 159.27K |
| 2026-05-12 | Chen Stephen C. | Buy | 648 | $14.42 | 9.34K |
| 2026-05-12 | Chen Stephen C. | Sell | 648 | $14.42 | 9.34K |
| 2026-05-11 | von Ahn Luis | Sell | 50.00K | — | — |
| 2026-05-11 | von Ahn Luis | Buy | 50.00K | — | — |
| 2026-05-11 | von Ahn Luis | Sell | 50.00K | — | — |
| 2026-03-25 | Munson Gillian | Buy | 133.75K | — | — |
| 2026-03-13 | Meese Robert | Buy | 20.00K | $22.91 | 458.20K |
| 2026-03-13 | Meese Robert | Buy | 5.62K | $14.42 | 81.11K |
| 2026-03-13 | Meese Robert | Buy | 4.38K | $8.15 | 35.66K |
| 2026-03-13 | Meese Robert | Sell | 4.38K | $8.15 | 35.66K |
| 2026-03-13 | Meese Robert | Sell | 5.62K | $14.42 | 81.11K |
| 2026-03-13 | Meese Robert | Sell | 20.00K | $22.91 | 458.20K |
| 2026-03-03 | Shelton James H | Buy | 5.00K | $99.76 | 498.79K |
Latest filed quarter: Q2 2026.
Institutions holding: 472, holders +67 vs prior quarter. Ownership 86.03%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BAILLIE GIFFORD & CO | 4.82M | -51.51K | -1.06% | 554.89M |
| BLACKROCK, INC. | 3.87M | -119.39K | -2.99% | 444.79M |
| AQR CAPITAL MANAGEMENT LLC | 2.33M | 2.22M | +2019.57% | 268.29M |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.75M | 22.56K | +1.31% | 200.79M |
| TWO SIGMA INVESTMENTS, LP | 1.63M | 233.70K | +16.75% | 187.40M |
| FIL LTD | 1.60M | -19.25K | -1.19% | 184.44M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 1.60M | -29.37K | -1.80% | 184.41M |
| FEDERATED HERMES, INC. | 1.37M | 118.79K | +9.48% | 157.79M |
| STATE OF MICHIGAN RETIREMENT SYSTEM | 1.31M | 112.80K | +9.45% | 150.23M |
| STATE STREET CORP | 1.23M | 45.75K | +3.86% | 141.40M |
| BANK OF AMERICA CORP /DE/ | 1.19M | -141.92K | -10.65% | 136.92M |
| FMR LLC | 1.13M | 37.80K | +3.46% | 130.10M |
| UBS GROUP AG | 1.03M | -72.06K | -6.56% | 118.01M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.01M | 930.39K | +1191.09% | 116.00M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 998.10K | 919.99K | +1177.78% | 114.80M |
| CITADEL ADVISORS LLC | 829.00K | 555.13K | +202.70% | 95.35M |
| GEODE CAPITAL MANAGEMENT, LLC | 769.07K | -49.26K | -6.02% | 88.48M |
| CITADEL ADVISORS LLC | 748.80K | 474.93K | +173.42% | 86.13M |
| GOLDMAN SACHS GROUP INC | 624.53K | 272.08K | +77.20% | 71.83M |
| QUINN OPPORTUNITY PARTNERS LLC | 555.66K | 58.30K | +11.72% | 63.91M |
| JANE STREET GROUP, LLC | 517.10K | 195.30K | +60.69% | 59.48M |
| MORGAN STANLEY | 506.17K | -447.60K | -46.93% | 58.22M |
| GILDER GAGNON HOWE & CO LLC | 502.34K | -6.21K | -1.22% | 57.78M |
| WHALE ROCK CAPITAL MANAGEMENT LLC | 471.76K | 0 | 0.00% | 54.26M |
| AMUNDI | 471.29K | 22.22K | +4.95% | 54.21M |
| Period | Value |
|---|---|
| FY2021 | Advertising: 38501000.0, English Test: 24658000.0, License and Service: 180698000.0 |
| FY2024 | Advertising: 54907000.0, English Test: 45640000.0, In-App Purchases: 38653000.0, License and Service: 607531000.0, Product And Service, Other Miscellaneous: 1293000.0 |
| FY2025 | Advertising: 79725000.0, English Test: 42006000.0, License and Service: 873442000.0, Product And Service, Other Miscellaneous: 1937000.0 |
| Period | Value |
|---|---|
| FY2021 | All Countries Minus USA And UK: 116446000.0, UNITED STATES: 109163000.0 |
| FY2022 | All Countries Minus USA And UK: 169636000.0, UNITED STATES: 168320000.0 |
| FY2023 | All Countries Minus USA And UK: 250232000.0, UNITED STATES: 238759000.0 |
| FY2024 | All Countries Minus USA And UK: 436485000.0, UNITED STATES: 311539000.0 |
| FY2025 | Non-US: 645375000.0, UNITED STATES: 392214000.0 |
Insights · Dividends · Forecast · Financials · Learn
$6.30B
Market Cap
15.88
P/E
49.23
Forward P/E
61
Score