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Duolingo falls after Jefferies cuts price target on user growth slowdown

ReutersSep 30, 2025 5:39 PM
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Shares of the language learning platform Duolingo fall about 2% to $322.24

Jefferies cut price target on stock to $325 from $400, citing continued slowdown in user growth and concerns over the company’s long-term growth trajectory

Says daily active users on the app grew 25% in September, down from 42% growth in June

Brokerage notes slight pickup in the second half of September, driven by new viral social media content

Average rating of 27 analysts is "buy"; median PT is $437.50 — data compiled by LSEG

Stock up 14.4% in last 12 months, including session's move

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