Duolingo Stock Drops After Earnings Beat as Wall Street Questions 2026 Growth Plan
Duolingo shares fell nearly 10% in after-hours trading Monday despite first-quarter revenue rising 27% to $292 million and daily active users hitting 56.5 million, up 21%. The company forecast slower growth and higher costs for 2026 as it invests in AI and speaking features, signaling profits may lag until 2027 or later.