Duolingo Q1 2026: Record Users & Revenue, But Wall Street Wants More
Duolingo grew users and revenue, but stock fell as it focuses on long-term learning improvements over fast profits.
Duolingo grew users and revenue, but stock fell as it focuses on long-term learning improvements over fast profits.
Argus downgrades Duolingo stock from Buy to Hold, citing pressure on revenue from focus on daily user growth via chess, math, and music expansions.
Wall Street analysts from JPMorgan, Morgan Stanley, and Citi have downgraded Duolingo (DUOL) stock with big cuts to price targets, as the company shifts focus to user growth over quick profits in 2026.
Duolingo shares fell 22% after forecasting slower 2026 bookings growth (~11%) to prioritize AI features and user growth toward 100M DAUs by 2028.
Bank of America upgrades Duolingo to Buy, citing strong entertainment value and high subscriber retention despite a lower price target.
Duolingo's (DUOL) stock tumbles 23% after forecasting Q4 bookings below estimates. The language app prioritizes user growth and teaching quality while raising annual revenue guidance amid strong AI-driven subscriber gains.