记者丨刘雪莹 （声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。） SFC 编辑丨曾静娇 2月27日，语言学习平台多邻国(DUOL.US)盘前股价大跌，截至19:40左右，跌幅约为25%。 业绩公布后，多家机构大幅调低多邻国评级和目标价。 据智通财经报道，加拿大丰业银行将多邻国公司评级从"行业跑赢"下调至"行业表现相符"，将目标价大 砍至1/3，从300美元下调至100美元。 另据新浪报道，摩根士丹利将多邻国的目标股价从每股245美元下调至100美元；摩根大通将多邻国公司 评级从中性下调至减持，将目标价从200美元下调至95美元。 越声投研： | 多年 < 日 | | | --- | --- | | DUOL.O | | | 117 450 量 804万 股本4623万 市盈 14.07 | 万得 | | +5.800 +5.19% 换 20.1% 市值 54.3亿 市净" 4.15 | 當口 | | 盘前 87.79 -29.66 -25.25% | 06:40 美东 V | | 盘前・ 五日 日Ｋ 月Ｋ 月Ｋ 更多 | 0 | | 譬加 | 均价：一支1 92.300 280 | | 1 ...

展望第一季度，公司预计营收为2.885亿美元，经调整EBITDA约为7360万美元，分别低于市场普遍预期 的2.918亿美元和8400万美元；就全年来看，公司预计营收将介于12亿至12.2亿美元之间，亦低于市场预 期的12.6亿美元。多邻国为推动订户增长将加大人工智能投资，短期盈利增速及利润率将放缓。 美股频道更多独家策划、专家专栏，免费查阅>> 责任编辑：栎树 2月27日，语言学习平台多邻国(DUOL.US)夜盘大跌超21%，报92.37美元。 消息面上，多邻国公布，去年第四季度营收同比增长35%至2.829亿美元，经调整EBITDA为8430万美 元，均超过市场预期。期内，日活用户同比增长30%至5270万，为四年来最慢增速。此外，公司预计 2026年日活用户增速约为20%，远低于此前超40%的增速。 ...

消息面上，多邻国公布，去年第四季度营收同比增长35%至2.829亿美元，经调整EBITDA为8430万美 元，均超过市场预期。期内，日活用户同比增长30%至5270万，为四年来最慢增速。此外，公司预计 2026年日活用户增速约为20%，远低于此前超40%的增速。 展望第一季度，公司预计营收为2.885亿美元，经调整EBITDA约为7360万美元，分别低于市场普遍预期 的2.918亿美元和8400万美元；就全年来看，公司预计营收将介于12亿至12.2亿美元之间，亦低于市场预 期的12.6亿美元。多邻国为推动订户增长将加大人工智能投资，短期盈利增速及利润率将放缓。(格隆 汇) 语言学习平台多邻国(DUOL.US)夜盘大跌超21%，报92.37美元。 ...

Group 1 - Duolingo is a profitable app-based education company experiencing over 40% annual revenue growth, despite a 66% drop in stock value, presenting a unique investment opportunity [1][4] - The company has 135 million monthly active users as of Q3 2025, demonstrating its ability to attract and retain learners through engaging language learning methods [5][8] - Duolingo has 11.5 million paying subscribers, which account for 84% of its revenue, reflecting a 34% year-over-year increase [7][8] Group 2 - The company generated nearly $350 million in free cash flow over the last 12 months, showcasing the scalability of its digital business model [8] - Less than 10% of Duolingo's current user base are paying subscribers, indicating significant growth potential [10] - Duolingo is expanding its offerings beyond language learning into areas like chess, math, and literacy, aiming to create gamified learning experiences across various subjects [11][12]

Core Insights - Duolingo (DUOL) has experienced a significant stock decline of 21.5% in less than a month, dropping from $347.27 to $272.76, raising concerns about whether this is a healthy pullback or the beginning of a deeper correction [2] - The stock's very high valuation suggests potential for further downside, with a price target of $192 being plausible based on historical performance [2] - Historically, DUOL has returned a median of 87% within one year after significant dips of over 30% in 30 days, indicating potential recovery opportunities [3][6] Financial Performance - Duolingo offers a language-learning platform with courses in 40 languages, primarily serving users in the U.S. and China [3] - The company has had five instances since 2010 where the stock dipped by 30% within 30 days, with a median peak return of 87% within one year following these events [6] - The median time to peak return after a dip event is 356 days, with a median maximum drawdown of -7.5% within one year [6] Investment Strategy - Timing the market perfectly is challenging, and investors may consider delaying purchases until further analysis is conducted [3] - A diversified investment strategy is recommended to mitigate risks associated with single-stock investments, as evidenced by the missed growth opportunities for those who exited the S&P in 2020 [5] - The Trefis High Quality Portfolio includes stocks that have historically outperformed benchmarks like the S&P 500, suggesting a strategy focused on quality and reduced volatility [8]

Core Insights - Duolingo Inc. is a leading player in the digital education sector, leveraging artificial intelligence to enhance user experience and expand course offerings [1] - The company has seen a significant stock appreciation of 22% over the past month, driven by a successful AI-driven turnaround [2][6] - Duolingo's upcoming earnings report is highly anticipated, with expectations of a 46.94% increase in EPS and a 35.33% rise in revenue [4][6] Financial Performance - The stock recently closed at $341.08, reflecting a 2.55% increase and outperforming major indices like the S&P 500 and Nasdaq [3] - Revenue is projected at $260.63 million for the upcoming earnings report, indicating a 35.33% growth [4] - The integration of AI has led to an increase in gross margins to 72.4% and the launch of 148 new courses, marking the largest expansion in a single year [5] Market Position - Duolingo's market capitalization is approximately $14.2 billion, showcasing its strong presence in the digital education market [5] - The company's strategic expansion into new verticals such as Music and Chess is expected to support a projected 36% revenue growth [2][6] - In contrast, competitors like Coursera and Chegg have experienced declines of 9% and 6%, respectively, indicating a shift in investor confidence towards Duolingo [3]