03:12 PM EDT, 10/20/2025 (MT Newswires) -- Duolingo ( DUOL ) Q3 daily active users or DAU growth is expected to be 27% year-on-year, as per third party data, compared with UBS and Wall Street estimates of 33% and 37%, respectively, UBS said in a Sunday research note.

UBS further said it was trimming its Q3 and Q3 DAU growth figures to 33% and 27%, versus Wall Street view of 36% and 34%, and fiscal 2026 DAU growth estimate to 25% and 2026 revenue and earnings before interest, taxes, depreciation and amortization growth estimates to 0.9% and 4.3%, respectively.

Noting Duolingo's ( DUOL ) upcoming Q3 results on Nov. 5, UBS said it was "cautious on the print tactically" but saw room for the company's shares to rise over the next 12 months on several factors, which include building contribution from English language learners, App Store changes sustaining gross profit and EBITDA growth, and improving user monetization.

UBS rated Duolingo ( DUOL ) as buy and lowered its price target to $450 from $500.

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