(DUOL) Duolingo - Ratings and Ratios

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

Language Courses, English Proficiency Test

DUOL EPS (Earnings per Share)

EPS (Earnings per Share) of DUOL over the last years for every Quarter: "2020-09-30": null, "2020-12-31": -1.043, "2021-03-31": -1.04, "2021-06-30": -0.29, "2021-09-30": -0.98, "2021-12-31": -0.46, "2022-03-31": -0.31, "2022-06-30": -0.38, "2022-09-30": -0.46, "2022-12-31": -0.35, "2023-03-31": -0.06, "2023-06-30": 0.08, "2023-09-30": 0.06, "2023-12-31": 0.26, "2024-03-31": 0.57, "2024-06-30": 0.51, "2024-09-30": 0.49, "2024-12-31": 0.509, "2025-03-31": 1.2618, "2025-06-30": 0.91,

DUOL Revenue

Revenue of DUOL over the last years for every Quarter: 2020-09-30: 45.305, 2020-12-31: 48.268, 2021-03-31: 55.36, 2021-06-30: 58.803, 2021-09-30: 63.595, 2021-12-31: 73.014, 2022-03-31: 81.22, 2022-06-30: 88.386, 2022-09-30: 96.065, 2022-12-31: 103.824, 2023-03-31: 115.661, 2023-06-30: 126.839, 2023-09-30: 137.624, 2023-12-31: 150.985, 2024-03-31: 167.553, 2024-06-30: 178.327, 2024-09-30: 192.594, 2024-12-31: 209.55, 2025-03-31: 230.743, 2025-06-30: 252.265,

Description: DUOL Duolingo

Duolingo Inc (NASDAQ:DUOL) is a mobile learning platform that offers courses in 40 different languages through its app, with a presence in the US, UK, and internationally. The company also provides a digital English language proficiency assessment exam, diversifying its revenue streams beyond language learning.

From a business perspective, Duolingos key strengths include its large user base, gamification approach to learning, and freemium model that generates revenue through subscriptions and advertising. With a market capitalization of $16.9 billion, Duolingo has demonstrated significant growth and scalability. Key Performance Indicators (KPIs) to watch include user acquisition costs, retention rates, and average revenue per user (ARPU).

Analyzing the companys financials, we can observe a high Price-to-Earnings (P/E) ratio of 181.77, indicating high growth expectations. The forward P/E ratio of 131.58 suggests that the market expects earnings to grow in the future. Return on Equity (RoE) stands at 11.70%, indicating a relatively modest return on shareholders equity. Other important metrics to consider include revenue growth rate, gross margin, and operating cash flow margin.

To further evaluate Duolingos stock, we can examine its competitive landscape, market trends, and potential disruptors. The ed-tech industry is rapidly evolving, with increasing demand for online learning platforms. Duolingos ability to innovate and expand its offerings will be crucial in maintaining its market position. We should monitor metrics such as market share, customer satisfaction, and brand recognition to gauge the companys competitive strength.

DUOL Stock Overview

Market Cap in USD 13,649m
Sub-Industry Education Services
IPO / Inception 2021-07-28

DUOL Stock Ratings

Growth Rating 74.7%
Fundamental 78.1%
Dividend Rating -
Return 12m vs S&P 500 2.48%
Analyst Rating 3.87 of 5

DUOL Dividends

Currently no dividends paid

DUOL Growth Ratios

Growth Correlation 3m -94.3%
Growth Correlation 12m 43.4%
Growth Correlation 5y 83.3%
CAGR 5y 42.79%
CAGR/Max DD 3y 0.86
CAGR/Mean DD 3y 3.53
Sharpe Ratio 12m 0.67
Alpha 8.29
Beta 0.925
Volatility 65.67%
Current Volume 2130.3k
Average Volume 20d 1905.2k
Stop Loss 266.1 (-6.7%)
Signal -2.02

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 (116.7m) ratio: -7.56 <= 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 72.72%; Δ -0.67pp) >=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)
error: Interest Coverage Ratio cannot be calculated (needs EBITDA TTM and Interest Expense TTM)

Altman Z'' 3.82

(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
(C) 0.06 = EBIT TTM 103.1m / Avg Total Assets 1.86b
(D) -0.08 = Book Value of Equity -45.9m / Total Liabilities 565.5m
Total Rating: 3.82 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 78.14

1. Piotroski 5.50pt = 0.50
2. FCF Yield 2.58% = 1.29
3. FCF Margin 36.82% = 7.50
4. Debt/Equity 0.10 = 2.50
5. Debt/Ebitda 0.83 = 1.98
6. ROIC - WACC 0.79% = 0.99
7. RoE 13.32% = 1.11
8. Rev. Trend 99.93% = 7.50
9. EPS Trend 95.38% = 4.77

What is the price of DUOL shares?

As of September 17, 2025, the stock is trading at USD 285.11 with a total of 2,130,316 shares traded.
Over the past week, the price has changed by +5.10%, over one month by -12.79%, over three months by -39.96% and over the past year by +21.84%.

Is Duolingo a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Duolingo (NASDAQ:DUOL) is currently (September 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 78.14 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 291.19 USD . This means that DUOL is currently overvalued and has a potential downside of 2.13%.

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 489.8 71.8%
Analysts Target Price 489.8 71.8%
ValueRay Target Price 327.2 14.7%

Last update: 2025-09-03 04:36

DUOL Fundamental Data Overview

Market Cap USD = 13.65b (13.65b USD * 1.0 USD.USD)
CCE Cash And Equivalents = 1.10b USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 122.0738
P/E Forward = 109.8901
P/S = 15.4194
P/B = 13.9694
Beta = 0.863
Revenue TTM = 885.2m USD
EBIT TTM = 103.1m USD
EBITDA TTM = 116.7m USD
Long Term Debt = 94.1m USD (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 2.96m USD (from shortTermDebt, last quarter)
Debt = 97.1m USD (Calculated: Short Term 2.96m + Long Term 94.1m)
Net Debt = -882.4m USD (from netDebt column, last quarter)
Enterprise Value = 12.65b USD (13.65b + Debt 97.1m - CCE 1.10b)
Interest Coverage Ratio = unknown (Ebit TTM 103.1m / Interest Expense TTM 0.0)
FCF Yield = 2.58% (FCF TTM 325.9m / Enterprise Value 12.65b)
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)
Tobins Q-Ratio = -275.4 (set to none) (Enterprise Value 12.65b / Book Value Of Equity -45.9m)
Interest Expense / Debt = 0.19% (Interest Expense 182.0k / Debt 97.1m)
Taxrate = 13.42% (13.7m / 102.3m)
NOPAT = 89.3m (EBIT 103.1m * (1 - 13.42%))
Current Ratio = 2.81 (Total Current Assets 1.32b / Total Current Liabilities 471.4m)
Debt / Equity = 0.10 (Debt 97.1m / last Quarter total Stockholder Equity 977.0m)
Debt / EBITDA = 0.83 (Net Debt -882.4m / EBITDA 116.7m)
Debt / FCF = 0.30 (Debt 97.1m / FCF TTM 325.9m)
Total Stockholder Equity = 879.5m (last 4 quarters mean)
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 = 10.59% (Ebit 103.1m / (Equity 879.5m + L.T.Debt 94.1m))
RoIC = 10.15% (NOPAT 89.3m / Invested Capital 879.5m)
WACC = 9.35% (E(13.65b)/V(13.75b) * Re(9.42%)) + (D(97.1m)/V(13.75b) * Rd(0.19%) * (1-Tc(0.13)))
Shares Correlation 3-Years: 72.73 | Cagr: 2.07%
Discount Rate = 9.42% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 77.10% ; FCFE base≈279.6m ; Y1≈345.0m ; Y5≈588.6m
Fair Price DCF = 196.7 (DCF Value 7.81b / Shares Outstanding 39.7m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 95.38 | EPS CAGR: 0.0% | SUE: 1.09 | # QB: True
Revenue Correlation: 99.93 | Revenue CAGR: 42.06%

Additional Sources for DUOL Stock

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