Duolingo

Duolingo rallied 5.0% to $150.91 during regular trading, driven by Evercore's upgrade to Outperform last Tuesday, which doubled its price target from $105 to $210. The stock opened at $146.26, dipped to an intraday low of $144.48, then steadily climbed to a high of $150.91. Although Q2 revenue grew 18.3% to $298 million YoY, net profit fell 26% to $33.2 million, EPS dropped to $0.66, and net margin narrowed from 14.9% in Q1 to 11.1%. The stock remains 57.3% below its 52-week high of $353 and is down 14.5% YTD, while trading above its 20-day MA of $146.81 and 60-day MA of $135.35.

Duolingo slumped 5.1% to close at $138.94 in regular trading, driven by profit-taking and concerns over AI tech stack repricing despite Evercore doubling its price target from $105 to $210 and upgrading to Outperform last week. Q2 revenue rose 18% YoY to $298.5M but net profit fell 26% to $33.2M, with EPS of $0.66 down 27% YoY and net margin narrowing to 11.1% from 14.9% in Q1. The stock is now 61% below its 52-week high of $353 and down 21% YTD, trading below MA20 ($145.39) but above MA60 ($134.33); however, post-market recovery to $145.89 suggests lingering momentum.

Duolingo opened sharply lower and continued its decline during regular trading, with the last price at $146.58 as of ET 09:38, down approximately 5.1% from the previous close of $154.46, and hit an intraday low of $146.57. The stock had briefly traded higher in the pre-market session, opening at $153.66, but reversed quickly after the bell. The pullback comes after a recent rally fueled by Evercore ISI doubling its price target from $105 to $210, but today's sell-off is likely driven by profit-taking and a broader tech sell-off. On the earnings front, Q2 2026 revenue rose 18.3% YoY to $298.5 million, but net profit fell 27.5% YoY to $33.2 million, with net margin shrinking from 14.9% in Q1 to 11.1%, indicating margin pressure. The stock trades 66.8% above its 52-week low of $87.89 but remains 58.5% below its 52-week high of $353, and is currently below its 20-day moving average of $145.22 and YTD start of $176.48 (down 16.9% YTD), though the 60-day MA of $134.06 provides a floor.

Duolingo surged in regular trading, closing up about 4.7% after Evercore ISI upgraded the stock to Outperform and doubled its price target from $105 to $210, a Street high, while Wedbush also raised its target to $150. Q2 revenue rose 18.31% YoY to $298.5M, but net profit fell 25.96% to $33.2M, and net margin dropped to 11.11%. The stock, currently at $165.26, remains 53.18% below its 52-week high of $353 but has rebounded 88.03% from the low of $87.89 and is trading above both the 20-day ($143.90) and 60-day ($133.25) moving averages. Despite the strong day, after-hours trading saw the stock slip to $157.80, signaling caution over the earnings decline.

Duolingo surged on a gap-up open, reaching a pre-market high of $159.95 before closing at $159.12, up approximately 7.3% from the previous close of $148.36, with the intraday high of $160.00 set during pre-market hours. The catalyst was a Wedbush price target increase from $150 to $200, building on positive sentiment from a recent DA Davidson upgrade to Buy, which propelled the stock above its 20-day moving average of $140.61. However, the price remains 54.92% below its 52-week high of $353, and Q2 net profit fell 25.96% YoY to $33.16 million, with EPS of $0.66 down 27.47% YoY, while revenue grew 18.31%—a contrast that may explain the post-market pullback to $154.41 as profit-taking emerged.