Truist Securities reiterated its 'Buy' rating for Duolingo Inc. on January 15, 2026. The firm cited the company's progress in artificial intelligence as the primary driver for its confidence in Duolingo's trajectory.
This positive analyst coverage follows a volatile week for the stock, which experienced a significant drop earlier after the announcement of a key executive change.
On January 12, Duolingo announced that CFO Matt Skaruppa would be stepping down. Board member Gillian Munson replaced Skaruppa.
The company simultaneously released positive preliminary fourth-quarter metrics, including 30% growth in daily active users. However, investor focus on the leadership transition appeared to drive the stock's decline following that news.
No major market reaction to the Truist rating was immediately available.