Chegg, Inc. (CHGG)
| Market Cap | 471.22M |
| Revenue (ttm) | 703.04M |
| Net Income (ttm) | 14.57M |
| Shares Out | 102.22M |
| EPS (ttm) | -0.38 |
| PE Ratio | n/a |
| Forward PE | 3.86 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,448,990 |
| Open | 4.740 |
| Previous Close | 4.680 |
| Day's Range | 4.475 - 4.835 |
| 52-Week Range | 4.475 - 13.110 |
| Beta | 1.35 |
| Analysts | Sell |
| Price Target | 7.38 (+60.09%) |
| Earnings Date | Apr 29, 2024 |
About CHGG
Chegg, Inc. operates a direct-to-student learning platform that helps learners build essential life and job skills to accelerate their path from learning programs in the United States and internationally. Its subscription services include Chegg Study, which offers personalized step-by-step learning support from AI, computational engines, and subject matter experts, as well as Tinger Gold and DashPash Student services; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency chec... [Read more]
Financial Performance
In 2023, Chegg's revenue was $716.30 million, a decrease of -6.60% compared to the previous year's $766.90 million. Earnings were $18.18 million, a decrease of -93.18%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for CHGG stock is "Sell." The 12-month stock price forecast is $7.38, which is an increase of 60.09% from the latest price.
News
Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that on May 12, 2024, its Compensation Committee granted equity aw...
Chegg Strengthens its Academic Advisory Board in UK and Australia, Launches New Student Advisory Council
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG) today announced the newest members of its Academic Advisory Board, strengthening its presence in the UK and Australia, and further reinfo...
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Chegg (CHGG) Plummets After Earnings
Chegg (CHGG) plummets after earnings. Its adjusted EPS came in at $0.26 versus an estimated $0.24 and revenue came in at $174.35M versus an estimated $174.05M.
Shares of two big online education stocks tank more than 10% as students use ChatGPT
Chegg and Coursera both sank 14% in premarket trading Tuesday, a day after issuing disappointing guidance.
Coursera, Chegg stocks fall after weaker guidance for both edtech companies
Shares of Coursera Inc. and Chegg Inc. fell in the after-hours session Monday after both education-tech companies guided for weaker current quarters, and Chegg also announced a CEO change.
Chegg Announces Appointment of Nathan Schultz as Chief Executive Officer
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of Nathan Schultz as President and Chief Executiv...
Chegg Reports 2024 First Quarter Earnings
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended March 31, 2024. “Natha...
Chegg to Announce First Quarter 2024 Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, announced today that it is scheduled to release its earnings results for the firs...
Chegg Appoints Deena Bahri as Chief Marketing Officer
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of Deena Bahri as Chief Marketing Officer, effect...
Chegg Reports New Hire Equity Grant Under NYSE Rule 303A.08
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that on March 12, 2024, its Compensation Committee granted equity ...
Chegg Announces 2nd Annual Global Student Mental Health Week Amid Growing Loneliness Epidemic
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), today announced that it has partnered with esteemed non-profits and organizations from around the world for Global Student Mental Health...
Chegg CEO Dan Rosensweig: Growth opportunities are ahead of us as we dig out of post-COVID hole
Dan Rosensweig, Chegg CEO, joins 'Closing Bell Overtime' to talk quarterly results, the competition of AI, areas where he sees growth and more.
Chegg's stock falls on weak first-quarter forecast as it tries to pivot to AI
Shares of the education-technology platform Chegg Inc. CHGG tumbled 9.7% after hours on Monday after the company forecast first-quarter sales that were below expectations and said it was “too early to...
Chegg Appoints David Longo as Chief Financial Officer
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of David Longo as Chief Financial Officer, effect...
Chegg Reports 2023 Fourth Quarter and Full Year Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three and twelve months ended December 31...
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Chegg to Announce Fourth Quarter and Full Year 2023 Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, announced today that it is scheduled to release its earnings results for the four...
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Companies are actively hiring workers with generative AI skills. Meta, Amazon, and Capital One are among the employers with the most job listings referencing genAI.
UserWay Expands Executive Leadership with Key Appointments in Product and Communications
Full-Service Digital Accessibility Platform Appoints Sophia Tupolev-Luz as VP of Communications and Etay Geller as VP of Product WILMINGTON, Del. , Nov. 20, 2023 /PRNewswire/ -- UserWay (TASE: UWAY), ...
Chegg announces $150 million accelerated share repurchase with Morgan Stanley Bank
Education company Chegg Inc.'s stock CHGG, +4.34% rose 2.6% premarket Wednesday, after the company announced a $150 million accelerated share repurchase with Morgan Stanley Bank N.A. Chegg will make a...
Chegg Announces New $150 Million Accelerated Share Repurchase
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that it has entered into an accelerated share repurchase agreement...
Chegg swings to quarterly loss, CFO to retire
Chegg Inc. CHGG, +4.60% shares dropped more than 4% in the extended session Monday after the online education services company swung to a loss in the third quarter. Chegg lost $18.3 million, or 16 cen...
Chegg Reports Third Quarter 2023 Earnings
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended September 30, 2023. “C...
Chegg to Announce Third Quarter 2023 Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, announced today that it is scheduled to release its earnings results for the thir...