Overview Dividends

(DUOL) Duolingo - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US26603R1068

Language Courses, English Test, Mobile Learning App

DUOL EPS (Earnings per Share)

EPS Growth (3Y CAGR): 509.62%
EPS Trend (3Y Correlation): 83.1%

DUOL Revenue

Revenue Growth (3Y CAGR): 41.88%
Revenue Trend (3Y Correlation): 99.9%

Risk via 10d forecast
Volatility	103%
Value at Risk 5%th	152%

Reward
Sharpe Ratio	-0.48
Alpha Jensen	-53.38

Character
Hurst Exponent	0.525
Beta	0.829

Drawdowns 3y
Max DD	65.50%
Mean DD	14.53%

Description: DUOL Duolingo October 30, 2025

Duolingo, Inc. (NASDAQ:DUOL) runs a mobile-first language-learning platform that serves users in the United States, United Kingdom and globally, offering courses in 40 languages-including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese-plus a digital English proficiency exam. The company was founded in 2011 and is headquartered in Pittsburgh, Pennsylvania.

Key recent metrics: for FY 2024 the firm reported $442 million in revenue, a 27 % year-over-year increase driven largely by growth in its Duolingo Plus subscription tier, which now accounts for roughly 30 % of total revenue and yields an average revenue per paying user (ARPU) of about $5.80 per month. Monthly active users (MAU) topped 115 million in Q3 2024, reflecting a 12 % YoY rise, while churn on the paid tier has held steady near 4 %-both figures that outpace the broader online-education sector, which is expanding at a ~10 % CAGR toward a $15 billion market size. A primary economic driver is the continued demand for digital language skills among remote workers, immigrants, and multinational corporations, which fuels both consumer and B2B adoption of the platform.

For a deeper quantitative dive into DUOL’s valuation metrics and peer comparison, the ValueRay platform provides a concise, data-driven dashboard worth checking out.

DUOL Stock Overview

Market Cap in USD	9,301m
Sub-Industry	Education Services
IPO / Inception	2021-07-28
Return 12m vs S&P 500	-49.4%
Analyst Rating	3.87 of 5

DUOL Dividends

Currently no dividends paid

DUOL Growth Ratios

CAGR	39.56%
CAGR/Max DD Calmar Ratio	0.60
CAGR/Mean DD Pain Ratio	2.72
Current Volume	1697.7k
Average Volume	1440.1k

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (386.0m TTM) > 0 and > 6% of Revenue (6% = 57.9m TTM)

FCFTA 0.19 (>2.0%) and ΔFCFTA 8.75pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 91.53% (prev 103.9%; Δ -12.37pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.19 (>3.0%) and CFO 363.9m <= Net Income 386.0m (YES >=105%, WARN >=100%)

Net Debt (-918.3m) to EBITDA (120.2m) ratio: -7.64 <= 3.0 (WARN <= 3.5)

Current Ratio 2.82 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (49.8m) change vs 12m ago 0.40% (target <= -2.0% for YES)

Gross Margin 71.99% (prev 73.13%; Δ -1.13pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 46.32% (prev 30.27%; Δ 16.05pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -2.39 (EBITDA TTM 120.2m / Interest Expense TTM -44.3m) >= 6 (WARN >= 3)

Altman Z'' 4.29

(A) 0.47 = (Total Current Assets 1.37b - Total Current Liabilities 484.5m) / Total Assets 1.89b

(B) 0.13 = Retained Earnings (Balance) 246.3m / Total Assets 1.89b

(D) 0.43 = Book Value of Equity 246.3m / Total Liabilities 578.1m

Total Rating: 4.29 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 90.79

1. Piotroski 4.50pt = -0.50

2. FCF Yield 4.28% = 2.14

3. FCF Margin 36.72% = 7.50

4. Debt/Equity 0.07 = 2.50

5. Debt/Ebitda -7.64 = 2.50

6. ROIC - WACC (= 28.92)% = 12.50

7. RoE 38.57% = 2.50

8. Rev. Trend 99.93% = 7.49

9. EPS Trend 83.15% = 4.16

What is the price of DUOL shares?

As of November 14, 2025, the stock is trading at USD 186.54 with a total of 1,697,723 shares traded.
Over the past week, the price has changed by -3.72%, over one month by -43.47%, over three months by -43.12% and over the past year by -42.32%.

Is Duolingo a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Duolingo (NASDAQ:DUOL) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 90.79 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DUOL is around 182.93 USD . This means that DUOL is currently overvalued and has a potential downside of -1.94%.

Is DUOL a buy, sell or hold?

Duolingo has received a consensus analysts rating of 3.87. Therefore, it is recommended to buy DUOL.

Strong Buy: 6
Buy: 8
Hold: 9
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the DUOL price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	302.5	62.1%
Analysts Target Price	302.5	62.1%
ValueRay Target Price	204.8	9.8%

DUOL Fundamental Data Overview November 10, 2025

Market Cap USD = 9.30b (9.30b USD * 1.0 USD.USD)
P/E Trailing = 25.3094
P/E Forward = 69.4444
P/S = 9.6461
P/B = 14.6794
Beta = 0.829
Revenue TTM = 964.3m USD
EBIT TTM = 106.0m USD
EBITDA TTM = 120.2m USD
Long Term Debt = 54.7m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 5.16m USD (from shortTermDebt, last fiscal year)
Debt = 93.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -918.3m USD (from netDebt column, last quarter)
Enterprise Value = 8.27b USD (9.30b + Debt 93.3m - CCE 1.12b)
Interest Coverage Ratio = -2.39 (Ebit TTM 106.0m / Interest Expense TTM -44.3m)
FCF Yield = 4.28% (FCF TTM 354.1m / Enterprise Value 8.27b)
FCF Margin = 36.72% (FCF TTM 354.1m / Revenue TTM 964.3m)
Net Margin = 40.03% (Net Income TTM 386.0m / Revenue TTM 964.3m)
Gross Margin = 71.99% ((Revenue TTM 964.3m - Cost of Revenue TTM 270.1m) / Revenue TTM)
Gross Margin QoQ = 72.47% (prev 72.38%)
Tobins Q-Ratio = 4.39 (Enterprise Value 8.27b / Total Assets 1.89b)
Interest Expense / Debt = 0.20% (Interest Expense 182.0k / Debt 93.3m)
Taxrate = -529.1% (out of range, set to none) (-245.7m / 46.4m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 2.82 (Total Current Assets 1.37b / Total Current Liabilities 484.5m)
Debt / Equity = 0.07 (Debt 93.3m / totalStockholderEquity, last quarter 1.31b)
Debt / EBITDA = -7.64 (Net Debt -918.3m / EBITDA 120.2m)
Debt / FCF = -2.59 (Net Debt -918.3m / FCF TTM 354.1m)
Total Stockholder Equity = 1.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.47% (Net Income 386.0m / Total Assets 1.89b)
RoE = 38.57% (Net Income TTM 386.0m / Total Stockholder Equity 1.00b)
RoCE = 10.04% (EBIT 106.0m / Capital Employed (Equity 1.00b + L.T.Debt 54.7m))
RoIC = 37.90% (EBIT 106.0m / (Assets 1.89b - Curr.Liab 484.5m - Cash 1.12b))
WACC = 8.98% (E(9.30b)/V(9.39b) * Re(9.07%) + (debt cost/tax rate unavailable))
Discount Rate = 9.07% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.81%
[DCF Debug] Terminal Value 78.18% ; FCFE base≈303.9m ; Y1≈374.8m ; Y5≈639.5m
Fair Price DCF = 224.8 (DCF Value 8.99b / Shares Outstanding 40.0m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 83.15 | EPS CAGR: 509.6% | SUE: 4.0 | # QB: 3
Revenue Correlation: 99.93 | Revenue CAGR: 41.88% | SUE: 3.36 | # QB: 7

Additional Sources for DUOL Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle