Why Duolingo Stock Lost 46% in 2025 (And What's Next)

Duolingo's 2025 was a wild ride. A sky-high valuation came back to earth, but the growth story remains intact.Shares of Duolingo(DUOL 5.10%) fell hard in 2025, according to data from S&P Global Market Intelligence. The online and mobile language-learning expert started the year in fine form, as share prices reached a 66.8% year-to-date gain as of May 14. But that was a short-lived peak, and Duolingo ended 2025 at a 45.9% loss.What's up with this roller coaster? Duolingo's rise was no accidentDuolingo's rise ...