Duolingo (DUOL) Q3 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 · Editorial policy
Key numbers
- Adjusted EPS
- $1.32
- Estimate
- $1.59
- Surprise
- -16.8%
- Score at report (before → after)
- 5.3 → 5.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Duolingo (DUOL) missed the $1.59 estimate with adjusted EPS of $1.32 — a large 16.8% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.3/10) to Hold at 5.4/10 after the report — the engine's score rose despite the miss.
Where TrendMatrix's rating stands now
TrendMatrix currently rates DUOL Hold at 5.3/10.
0 of the last 4 quarters beat the estimate; this quarter's -16.8% surprise compares with a -13.1% four-quarter average.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.9 in RISK_OFF)
- Positive news sentiment (+0.80)
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
- $128.00
- Entry target
- $123.68
- Stop
- $115.02
At 15.2× trailing and 16.8× forward earnings, consensus estimates imply little change in earnings power.
Risk check: trading volume is running 2.6× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-04 — 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
- $5.99B
- P/E (fwd)
- 16.8
- P/E (ttm)
- 15.2
- 52-week range
- $87.89–$268.97
- Off 52-week high
- 52.4%
- RSI (14)
- 40
- Volume vs avg
- 2.59×
- Score today
- 5.3/10