Duolingo(US:DUOL) 智通财经网·2026-02-27 14:29Core Insights - Duolingo (DUOL.US) experienced a pre-market drop of over 26%, trading at $85.82, following its earnings report [1] - The company reported an adjusted earnings per share of $0.84 for Q4, exceeding analyst expectations of $0.83, and a year-over-year revenue growth of 35% to $282.9 million, surpassing the market expectation of $275.74 million [1] - However, Duolingo's outlook for 2026 fell significantly short of Wall Street expectations, with Q1 revenue guidance of $288.5 million below the consensus estimate of $291.8 million, and full-year revenue guidance of $1.2 billion to $1.22 billion, also below the market expectation of $1.26 billion [1] Rating Adjustments - Following the earnings announcement, major institutions downgraded Duolingo's ratings and target prices significantly [1] - Canadian Imperial Bank of Commerce downgraded Duolingo from "Outperform" to "Market Perform," slashing the target price by two-thirds from $300 to $100 [1] - JPMorgan downgraded Duolingo from Neutral to Underweight, reducing the target price from $200 to $95 [1]