Duolingo stock sinks as growth pivot spooks Wall Street; downgrades stack up into Monday
Duolingo shares fell 14% to $101 on Friday after the company forecast slower 2026 bookings growth and announced a shift toward prioritizing user growth over near-term revenue. Multiple brokers, including Citi and Morgan Stanley, downgraded the stock and cut price targets. Duolingo also authorized a $400 million share buyback. Investors await Monday’s open for further market reaction.