Duolingo, Inc.

NasdaqGS:DUOL 株式レポート

時価総額：US$5.0b

Duolingo 過去の業績

過去 基準チェック /66

Duolingoは、平均年間78.3%の収益成長を遂げていますが、 Consumer Services業界の収益は、年間 成長しています。収益は、平均年間25.6% 33.2%収益成長率で 成長しています。 Duolingoの自己資本利益率は30.3%であり、純利益率は38.4%です。

主要情報

78.31%

収益成長率

78.56%

EPS成長率

Consumer Services 業界の成長20.27%
収益成長率33.24%
株主資本利益率30.35%
ネット・マージン38.44%
前回の決算情報31 Mar 2026

最近の業績更新

Recent updates

Seeking Alpha • May 05

Duolingo: A Buy If You Can Handle The Volatility

Summary Duolingo, Inc. remains a Buy despite a 40%+ stock decline, as fundamentals are strong and valuation now offers significant upside asymmetry. DUOL's Q1 delivered double beats on revenue and EPS, with 21% DAU and paid subscriber growth, 27% YoY revenue growth, and modest EBITDA margin expansion. Key DUOL risks include AI-driven competition and stagnant paid subscriber penetration, raising uncertainty around long-term growth targets and margin expansion. Even with conservative 2030 assumptions, DUOL stock could trade at a 9x P/E, implying potential 100%–170% upside if the business executes moderately well. Read the full article on Seeking Alpha
ナラティブ更新 • May 01

DUOL: User Growth Pivot And AI Expansion Will Define Balanced Risk Reward

The analyst price target for Duolingo has been trimmed slightly to $104.97 from $105.73 as analysts factor in the company’s pivot toward user growth over near term monetization, more conservative bookings expectations for 2026, and a modest reset in long term revenue growth, margin, and future P/E assumptions. Analyst Commentary Street research around Duolingo has turned more cautious as the company leans into a user growth first playbook and reins in 2026 bookings expectations.
ナラティブ更新 • Apr 17

DUOL: User Growth Pivot And AI Roadmap May Unlock Future Upside

Analysts made a small upward adjustment to Duolingo's fair value estimate to $136.17 as they factor in the company's pivot toward user growth, tempered revenue and margin expectations, and a slightly higher assumed future P/E of about 36.8x following a series of downgrades and reset price targets clustered around $85 to $114. Analyst Commentary Recent research coverage has shifted toward a more cautious stance on Duolingo as the company leans into user growth and accepts lower near term visibility on monetization and margins.
ナラティブ更新 • Apr 03

DUOL: User Growth Pivot And AI Product Work Will Support Upside

Analysts have cut the Duolingo fair value estimate from $156.52 to $136.16, reflecting a series of price target reductions as they reassess monetization, growth visibility, and the impact of the company’s pivot toward user growth over near term profitability. Analyst Commentary Recent Street research has tilted cautious on Duolingo, with a series of downgrades and lower price targets following the company’s decision to prioritize daily active user growth over near term monetization and margins.
ナラティブ更新 • Mar 19

DUOL: User Expansion Pivot And AI Investments Will Shape Balanced Future Prospects

Analysts have reduced the Duolingo fair value estimate from about $270.74 to $105.73. This reflects a broad reset in price targets as they reassess slower projected revenue growth, lower profit margins, and a more cautious future P/E multiple tied to the company's pivot toward user growth over near-term monetization.
新しいナラティブ • Mar 06

Duolingo: Billion Dollar Business Hiding in Plain Sight

Duolingo just crossed $1 billion in revenue and delivered a 367% surge in net earnings — yet the stock trades at a trailing P/E of just 11x. For a market-leading EdTech platform with 50 million daily active users, that’s a number you’d normally associate with a slow-moving industrial company, not one of the most recognisable consumer brands on the planet.
ナラティブ更新 • Mar 05

DUOL: Long Term User Focus And AI Features Will Drive Upside

Narrative Update: Duolingo Our updated narrative fair value for Duolingo shifts to $156.52 from $347.00, reflecting analysts' broad reset of price targets to the $85 to $114 range as they recalibrate expectations for bookings growth, profitability, and future P/E multiples in light of the company's focus on user growth over near term monetization. Analyst Commentary Recent research coverage on Duolingo has tilted cautious, with many firms resetting ratings to Neutral or equivalent and clustering price targets around the US$85 to US$114 range.
新しいナラティブ • Feb 28

Duolingo (DUOL): The AI Learning Architect – Trading Profits for a 100M User Vision

Duolingo (DUOL) is currently undergoing its most significant strategic shift since its IPO, transitioning from a monetization-heavy model to a "user-growth first" strategy. This pivot was punctuated by its Q4 2025 earnings report on Thursday, February 26, 2026 , where the company beat expectations with $282.9 million in revenue (up 35% YoY) but issued guidance that sparked a massive sell-off.
ナラティブ更新 • Feb 19

DUOL: User Engagement And CFO Transition Will Shape Future Repricing Potential

Analysts have trimmed Duolingo's implied upside, with the consolidated price target moving toward $160 as they factor in slightly higher discount rates, modestly adjusted growth expectations, and recent target cuts from firms citing tempered user growth estimates and a more selective market for high multiple internet names. Analyst Commentary Recent research has tilted more cautious, with several Bearish analysts trimming price targets and flagging execution and growth risks around user trends and valuation for Duolingo.
分析記事 • Feb 05

Earnings Working Against Duolingo, Inc.'s (NASDAQ:DUOL) Share Price Following 37% Dive

Duolingo, Inc. ( NASDAQ:DUOL ) shareholders that were waiting for something to happen have been dealt a blow with a 37...
ナラティブ更新 • Feb 05

DUOL: Long Term User Focus And New Offerings Will Shape Future Repricing

Narrative Update Analysts trimmed their Duolingo fair value estimate from $180 to $160, as lower projected profit margins and valuation multiples outweighed slightly higher modeled revenue growth and a modestly reduced discount rate. This aligns with recent Street price target cuts and more cautious user growth expectations.
ナラティブ更新 • Jan 22

DUOL: Long Term User Focus And Chess Expansion Will Drive Upside

Analysts cut their Duolingo fair value estimate from about $600 to roughly $347, reflecting lower price targets and more moderate assumptions for revenue growth, profit margins, future P/E multiples, and a slightly higher discount rate, as recent research highlights a focus on longer term user growth over near term monetization and mixed reactions to product and user growth trends. Analyst Commentary Recent research on Duolingo centers on a trade off between near term monetization and longer term user growth.
ナラティブ更新 • Jan 08

DUOL: Long Term User Focus And Product Experiments Will Shape Future Repricing

Our Duolingo fair value estimate has been reset from US$390 to US$180 as analysts broadly trim price targets and factor in slightly slower modeled revenue growth, a lower future P/E, and the company's increased focus on long term user expansion over near term monetization following the recent Q3 update and Chess product commentary. Analyst Commentary Recent Street research reflects a more cautious stance on Duolingo, with several bearish analysts cutting price targets and, in one case, removing a target altogether.
ナラティブ更新 • Dec 16

DUOL: Long-Term User Expansion Focus Will Drive Renewed Upside Potential

Analysts have trimmed their Duolingo price target slightly to about $271 from roughly $271.05, reflecting modestly higher discount rates and a greater focus on long term user growth and product investment over near term monetization, even as they acknowledge improving revenue growth and margin expectations. Analyst Commentary Street research highlights a wide range of views on Duolingo, with most firms trimming price targets but maintaining generally constructive stances on the company’s long term growth algorithm and product roadmap.
ナラティブ更新 • Dec 01

DUOL: Long-Term User Growth Focus Will Drive Renewed Interest Ahead

Duolingo's fair value estimate has been revised downward from $289.81 to $271.05 as analysts reacted to a series of price target reductions. These adjustments were driven by concerns over the company's shifting focus toward long-term user growth instead of prioritizing near-term monetization and profitability.
ナラティブ更新 • Nov 17

DUOL: Focus On Long-Term User Engagement Will Drive Sustained Platform Expansion

Duolingo’s fair value estimate has been sharply reduced from approximately $443 to $290 per share. Analysts point to a combination of lower growth expectations and a strategic pivot toward long-term user engagement over immediate profitability.
ナラティブ更新 • Nov 01

DUOL: User Growth Concerns Will Fade As Engagement Increases In Key Markets

Duolingo's analyst price target has been lowered by $6.50 to $442.74 per share. Analysts cite ongoing concerns over user growth and recent valuation adjustments, even as revenue continues to grow.
ナラティブ更新 • Oct 17

China And Asia Expansion Will Transform Digital Education

Analysts have slightly trimmed Duolingo's fair value estimate by $2.50, as modest adjustments to user growth expectations and continued competitive risks are tempering near-term optimism for the stock. Analyst Commentary Recent analyst reviews of Duolingo reflect a balanced mix of optimism about the company's product strengths and ongoing concerns related to user growth and competition.
分析記事 • Oct 09

Duolingo, Inc. (NASDAQ:DUOL) Looks Just Right With A 27% Price Jump

Those holding Duolingo, Inc. ( NASDAQ:DUOL ) shares would be relieved that the share price has rebounded 27% in the...
ナラティブ更新 • Oct 03

China And Asia Expansion Will Transform Digital Education

Duolingo's analyst fair value estimate has been slightly reduced by approximately $5 to $451.74, as analysts cite ongoing concerns about slower user growth and increased competition, which are impacting future performance expectations. Analyst Commentary Recent analyst research highlights a mix of cautious sentiment and continued confidence in Duolingo's long-term prospects, focusing on user growth trends, competitive risks, and valuation concerns.
ナラティブ更新 • Sep 05

China And Asia Expansion Will Transform Digital Education

Duolingo’s consensus price target was modestly reduced to $478.65 as analysts cite weaker-than-expected user growth trends, persistent competition risks, and recent social media setbacks, partially offset by confidence in the company’s growth prospects beyond language learning. Analyst Commentary Decelerating user growth and indications that active users and subscribers are trending below consensus estimates have led bearish analysts to reduce targets and downgrade ratings.
分析記事 • Jul 11

Duolingo (NASDAQ:DUOL) Is Looking To Continue Growing Its Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
分析記事 • Jun 13

Is Duolingo, Inc. (NASDAQ:DUOL) Potentially Undervalued?

Today we're going to take a look at the well-established Duolingo, Inc. ( NASDAQ:DUOL ). The company's stock received a...
分析記事 • May 29

Is Now The Time To Put Duolingo (NASDAQ:DUOL) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Seeking Alpha • Apr 28

Duolingo: Love The Business, Don't Love The Valuation

Summary Duolingo is the largest global language learning platform, with 116m monthly active users and 9.5m paid subscribers. In 2024, Duolingo grew revenues by 41% and reported 26% adjusted EBITDA margins. Duolingo continues to increase its total addressable market by expanding internationally, launching new verticals (e.g., maths, music, chess), and launching premium AI-enabled language learning tiers. Duolingo trades on a rich multiple of 17x forward revenue and 66x forward earnings. While Duolingo is a high-quality business, the current valuation does not present an attractive risk reward, so I rate Duolingo a hold. Read the full article on Seeking Alpha
Seeking Alpha • Apr 10

Duolingo: Still A Bargain At 35x FCF? I Think So

Summary I love that Duolingo is growing fast and throwing off meaningful free cash flow—those two don’t often go together. The fact that they have no debt and nearly a billion in cash gives me confidence, especially in a shaky macro environment. I’m bullish because they’re not just coasting—they’re innovating with AI, expanding into new subjects, and upselling premium plans. Valuation wise, 35x forward FCF feels entirely fair to me for a business compounding at over 30% annually with rising margins. Read the full article on Seeking Alpha
Seeking Alpha • Feb 28

Duolingo: AI Concerns Are Overblown, But Stock Is Already Overpriced Anyway

Summary Duolingo, Inc.'s stock fell ~15% after reporting Q4 results, despite healthy user growth and an acceleration in bookings. AI displacement fears are unwarranted; Duolingo's user metrics and advanced AI features show strong resilience and continued growth. Risks include potential user attrition after course completion, macroeconomic challenges, and a high valuation that limits upside potential. At current valuations, Duolingo's multiples are difficult to justify. I'm reiterating my neutral rating and wouldn't buy DUOL stock unless its revenue multiple fell to the high single digits/low teens. Read the full article on Seeking Alpha
Seeking Alpha • Jan 15

Duolingo: Despite Being A High-Quality Company, Market Expectations Are Too High

Summary Duolingo is a high-quality company with low competition and significant entry barriers, but its current valuation suggests long-term returns may be below market average. Despite strong financials and growth potential, the market's high growth expectations for DUOL (near 25% annually) may lead to multiple compression and subpar returns. I rate Duolingo a hold due to its high valuation and potential risks of growth deceleration and market saturation in the language learning sector. Read the full article on Seeking Alpha

収支内訳

Duolingo の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。

収益と収入の歴史

NasdaqGS:DUOL 収益、費用、利益 ( )USD Millions
日付収益収益G+A経費研究開発費
31 Mar 261,099422320316
31 Dec 251,038414305304
30 Sep 25964386292290
30 Jun 25885117279273
31 Mar 2581197260255
31 Dec 2474889246235
30 Sep 2468987231219
30 Jun 2463466223207
31 Mar 2458346216199
31 Dec 2353116208194
30 Sep 23484-10202189
30 Jun 23442-31194180
31 Mar 23404-50189167
31 Dec 22369-60185150
30 Sep 22339-63175136
30 Jun 22306-74172123
31 Mar 22277-59149111
31 Dec 21251-60138104
30 Sep 21226-5312186
30 Jun 21208-279673
31 Mar 21189-279063
31 Dec 20162-167953
31 Dec 1971-143132

質の高い収益: DUOLは 高品質の収益 を持っています。

利益率の向上: DUOLの現在の純利益率 (38.4%)は、昨年(11.9%)よりも高くなっています。

フリー・キャッシュフローと収益の比較

過去の収益成長分析

収益動向: DUOL過去 5 年間で収益を上げており、収益は年間78.3%増加しています。

成長の加速: DUOLの過去 1 年間の収益成長率 ( 336.6% ) は、5 年間の平均 ( 年間78.3%を上回っています。

収益対業界: DUOLの過去 1 年間の収益成長率 ( 336.6% ) はConsumer Services業界10.2%を上回りました。

株主資本利益率

高いROE: DUOLの 自己資本利益率 ( 30.3% ) は 高い とみなされます。

総資産利益率

使用総資本利益率

過去の好業績企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/11 12:19
終値2026/05/11 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Duolingo, Inc. 20 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。30

アナリスト機関
Vikram KesavabhotlaBaird
X. LuBarclays
Ross SandlerBarclays