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
Target Low Average Median High
Price $2.00 $5.31 $4.00 $10
Change +25.00% +231.87% +150.00% +525.00%

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 '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 000000
Buy 000000
Hold 856888
Sell 332222
Strong Sell 111000
Total 1299101010

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
Hold
Upgrades
$7$3.75
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
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
410.93M644.34M776.27M766.90M716.30M645.74M604.08M589.27M
Revenue Growth
27.98%56.80%20.47%-1.21%-6.60%-9.85%-6.45%-2.45%
EPS
-0.08-0.05-0.011.34-0.340.880.971.00
EPS Growth
------11.05%2.97%
Forward PE
-----1.831.641.60
No. Analysts -----16168
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
-6.2%
1.8%
7.2%
Avg
-9.8%
-6.5%
-2.5%
Low
-14.7%
-21.3%
-25.7%

EPS Forecast

EPS 202420252026
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 202420252026
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.