Chegg, Inc. (CHGG)
NYSE: CHGG · Real-Time Price · USD
1.600
-0.060 (-3.61%)
At close: Oct 31, 2024, 4:00 PM
1.640
+0.040 (2.50%)
After-hours: Oct 31, 2024, 6:02 PM EDT
Chegg Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Chegg stock have an average target of 5.31, with a low estimate of 2.00 and a high estimate of 10. The average target predicts an increase of 231.87% from the current stock price of 1.60.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Chegg stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 8 | 5 | 6 | 8 | 8 | 8 |
Sell | 3 | 3 | 2 | 2 | 2 | 2 |
Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
Total | 12 | 9 | 9 | 10 | 10 | 10 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Northland Capital Markets | Northland Capital Markets | Hold Maintains $6 → $4 | Hold | Maintains | $6 → $4 | +150.00% | Oct 21, 2024 |
Craig-Hallum | Craig-Hallum | Hold Maintains $7 → $3 | Hold | Maintains | $7 → $3 | +87.50% | Aug 7, 2024 |
Goldman Sachs | Goldman Sachs | Strong Sell → Hold Upgrades $7 → $3.75 | Strong Sell → Hold | Upgrades | $7 → $3.75 | +134.37% | Aug 6, 2024 |
Morgan Stanley | Morgan Stanley | Hold Maintains $3.25 → $3 | Hold | Maintains | $3.25 → $3 | +87.50% | Aug 6, 2024 |
Northland Capital Markets | Northland Capital Markets | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | +275.00% | Aug 6, 2024 |
Financial Forecast
Revenue This Year
645.74M
from 716.30M
Decreased by -9.85%
Revenue Next Year
604.08M
from 645.74M
Decreased by -6.45%
EPS This Year
0.88
from -0.34
EPS Next Year
0.97
from 0.88
Increased by 11.05%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 671.9M | 657.5M | 647.9M |
Avg | 645.7M | 604.1M | 589.3M |
Low | 611.3M | 508.2M | 449.0M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | -6.2% | 1.8% | 7.2% |
Avg | -9.8% | -6.5% | -2.5% |
Low | -14.7% | -21.3% | -25.7% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.01 | 1.46 | 1.62 |
Avg | 0.88 | 0.97 | 1.00 |
Low | 0.63 | 0.57 | 0.66 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | 66.5% | 66.1% |
Avg | - | 11.0% | 3.0% |
Low | - | -35.1% | -32.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.