Duolingo (DUOL) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.24
- Estimate
- $1.54
- Surprise
- -19.7%
- Revenue (period 2026-06-30)
- $298.5M
- Score at report (before → after)
- 6.7 → 6.5/10
Revenue source: xbrl.
How the report landed
Duolingo (DUOL) missed the $1.54 estimate with diluted EPS of $1.24 — a large 19.7% shortfall. TrendMatrix's engine moved from Hold (6.7/10) to Buy (Wait) at 6.5/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates DUOL Sell at 5.5/10.
1 of the last 4 quarters beat the estimate; this quarter's -19.7% surprise compares with a +72.8% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.9 in RISK_OFF)
- High-quality business
What argues against it
- Concentration risk — Supplier: Apple App Store and Google Play Store
- Analyst target reached - limited upside remaining
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $155.11
- Price target
- $164.03
- Stop
- $143.96
- Upside to target
- +5.8%
At 18.7× trailing and 20.8× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 76 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
DUOL at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Application
- Market cap
- $7.40B
- P/E (fwd)
- 20.8
- P/E (ttm)
- 18.7
- 52-week range
- $87.89–$353.00
- Off 52-week high
- 56.1%
- RSI (14)
- 76
- Volume vs avg
- 0.13×
- Score today
- 5.5/10