Added to YB: 2025-09-29
Pitch date: 2025-09-26
DUOL [neutral]
Duolingo, Inc.
-38.68%
current return
Author Info
HatedMoats identifies hated moats. I buy companies when the market panics. Contrarian investor focused on quality, value & long-term growth. Sign up for the newsletter.
Company Info
Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally.
Market Cap
$8.4B
Pitch Price
$320.08
Price Target
600.00 (+206%)
Dividend
N/A
EV/EBITDA
54.13
P/E
22.72
EV/Sales
7.69
Sector
Diversified Consumer Services
Category
growth
Duolingo: Deep Dive Analysis
DUOL (deep dive - hold): Category leader w/ 47.7m DAUs, 10.9m paid subs; FY25 guide $1.01-1.02B rev, $288-296M adj EBITDA. Revenue growth 41% YoY, expanding to low-70s gross margins. Bull case: stacked S-curves from Max/bundles, Schools/Enterprise reach $500-600. Bear: AI commoditization, platform dependence risk $110-150. Base case $380-400 by 2028 implies market-like returns at ~$300 entry. HOLD rating.
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