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): 125.29%
EPS Trend (3Y Correlation): 67.4%

DUOL Revenue

Revenue Growth (3Y CAGR): 42.06%
Revenue Trend (3Y Correlation): 99.9%

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	12,043m
Sub-Industry	Education Services
IPO / Inception	2021-07-28

DUOL Stock Ratings

Growth Rating	41.9%
Fundamental	76.7%
Dividend Rating	-
Return 12m vs S&P 500	-47.1%
Analyst Rating	3.87 of 5

DUOL Dividends

Currently no dividends paid

DUOL Growth Ratios

Growth Correlation 3m	-34.9%
Growth Correlation 12m	-16.7%
Growth Correlation 5y	84.1%
CAGR 5y	32.07%
CAGR/Max DD 3y (Calmar Ratio)	0.50
CAGR/Mean DD 3y (Pain Ratio)	2.15
Sharpe Ratio 12m	0.07
Alpha	-50.23
Beta	0.853
Volatility	64.21%
Current Volume	13059.5k
Average Volume 20d	1039.3k
Stop Loss	180.1 (-7%)
Signal	-0.29

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (117.2m TTM) > 0 and > 6% of Revenue (6% = 53.1m TTM)

FCFTA 0.21 (>2.0%) and ΔFCFTA 11.49pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 96.32% (prev 114.1%; Δ -17.76pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.22 (>3.0%) and CFO 335.9m > Net Income 117.2m (YES >=105%, WARN >=100%)

Net Debt (-882.4m) to EBITDA (98.0m) ratio: -9.01 <= 3.0 (WARN <= 3.5)

Current Ratio 2.81 (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 4.25% (target <= -2.0% for YES)

Gross Margin 72.05% (prev 73.31%; Δ -1.26pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 47.54% (prev 29.09%; Δ 18.45pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -1.88 (EBITDA TTM 98.0m / Interest Expense TTM -44.8m) >= 6 (WARN >= 3)

Altman Z'' 3.75

(A) 0.55 = (Total Current Assets 1.32b - Total Current Liabilities 471.4m) / Total Assets 1.54b

(B) -0.03 = Retained Earnings (Balance) -45.9m / Total Assets 1.54b

(D) -0.08 = Book Value of Equity -45.9m / Total Liabilities 565.5m

Total Rating: 3.75 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 76.65

1. Piotroski 5.50pt = 0.50

2. FCF Yield 2.95% = 1.48

3. FCF Margin 36.82% = 7.50

4. Debt/Equity 0.10 = 2.50

5. Debt/Ebitda -9.01 = 2.50

6. ROIC - WACC (= 0.16)% = 0.20

7. RoE 13.32% = 1.11

8. Rev. Trend 99.93% = 7.50

9. EPS Trend 67.42% = 3.37

What is the price of DUOL shares?

As of November 07, 2025, the stock is trading at USD 193.74 with a total of 13,059,510 shares traded.
Over the past week, the price has changed by -26.28%, over one month by -39.51%, over three months by -43.62% and over the past year by -39.24%.

Is Duolingo a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Duolingo (NASDAQ:DUOL) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 76.65 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DUOL is around 202.43 USD . This means that DUOL is currently overvalued and has a potential downside of 4.49%.

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	442.7	128.5%
Analysts Target Price	442.7	128.5%
ValueRay Target Price	226.9	17.1%

DUOL Fundamental Data Overview November 01, 2025

Market Cap USD = 12.04b (12.04b USD * 1.0 USD.USD)
P/E Trailing = 107.7131
P/E Forward = 69.4444
P/S = 13.6055
P/B = 14.6794
Beta = 0.853
Revenue TTM = 885.2m USD
EBIT TTM = 84.4m USD
EBITDA TTM = 98.0m USD
Long Term Debt = 93.8m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 2.96m USD (from shortTermDebt, last quarter)
Debt = 93.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -882.4m USD (from netDebt column, last quarter)
Enterprise Value = 11.04b USD (12.04b + Debt 93.8m - CCE 1.10b)
Interest Coverage Ratio = -1.88 (Ebit TTM 84.4m / Interest Expense TTM -44.8m)
FCF Yield = 2.95% (FCF TTM 325.9m / Enterprise Value 11.04b)
FCF Margin = 36.82% (FCF TTM 325.9m / Revenue TTM 885.2m)
Net Margin = 13.24% (Net Income TTM 117.2m / Revenue TTM 885.2m)
Gross Margin = 72.05% ((Revenue TTM 885.2m - Cost of Revenue TTM 247.4m) / Revenue TTM)
Gross Margin QoQ = 72.38% (prev 71.12%)
Tobins Q-Ratio = 7.16 (Enterprise Value 11.04b / Total Assets 1.54b)
Interest Expense / Debt = 0.19% (Interest Expense 182.0k / Debt 93.8m)
Taxrate = 3.59% (1.67m / 46.5m)
NOPAT = 81.4m (EBIT 84.4m * (1 - 3.59%))
Current Ratio = 2.81 (Total Current Assets 1.32b / Total Current Liabilities 471.4m)
Debt / Equity = 0.10 (Debt 93.8m / totalStockholderEquity, last quarter 977.0m)
Debt / EBITDA = -9.01 (Net Debt -882.4m / EBITDA 98.0m)
Debt / FCF = -2.71 (Net Debt -882.4m / FCF TTM 325.9m)
Total Stockholder Equity = 879.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.60% (Net Income 117.2m / Total Assets 1.54b)
RoE = 13.32% (Net Income TTM 117.2m / Total Stockholder Equity 879.5m)
RoCE = 8.67% (EBIT 84.4m / Capital Employed (Equity 879.5m + L.T.Debt 93.8m))
RoIC = 9.25% (NOPAT 81.4m / Invested Capital 879.5m)
WACC = 9.09% (E(12.04b)/V(12.14b) * Re(9.16%) + D(93.8m)/V(12.14b) * Rd(0.19%) * (1-Tc(0.04)))
Discount Rate = 9.16% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.81%
[DCF Debug] Terminal Value 77.90% ; FCFE base≈279.6m ; Y1≈345.0m ; Y5≈588.6m
Fair Price DCF = 205.3 (DCF Value 8.15b / Shares Outstanding 39.7m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 67.42 | EPS CAGR: 125.3% | SUE: -2.49 | # QB: 0
Revenue Correlation: 99.93 | Revenue CAGR: 42.06% | SUE: 4.0 | # QB: 6

Additional Sources for DUOL Stock

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Fund Manager Positions: Dataroma | Stockcircle