Duolingo forecast third-quarter revenue below Wall Street expectations on Wednesday, tempering optimism from its robust second quarter as the language-learning company bets stronger user engagement will fuel long-term growth.
PITTSBURGH, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL) announced results for the second quarter ended June 30, 2026 in a shareholder letter that is posted on its Investor Relations website at investors.duolingo.com.
Duolingo stock price has slumped this year as concerns about disruption by artificial intelligence tools and as investors watch its turnaround strategy. DUOL was trading at $132 after falling by 25% this year and 64% in the last 12 months.
Shares of Duolingo (DUOL) moved higher on Monday as investors returned to growth-oriented technology stocks. Improving sentiment across the broader market also helped lift software names that have suffered steep declines over the past year.
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The learning company is experiencing headwinds.