Chegg, Inc. (CHGG)
NYSE: CHGG · Real-Time Price · USD
1.730
+0.050 (2.98%)
Nov 20, 2024, 10:14 AM EST - Market open
Chegg Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Chegg stock have an average target of 4.75, with a low estimate of 1.50 and a high estimate of 10. The average target predicts an increase of 174.57% from the current stock price of 1.73.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 6 | 8 | 8 | 8 | 8 |
| Sell | 3 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $3.75 → $1.75 | Hold | Maintains | $3.75 → $1.75 | +1.16% | Nov 14, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $2 → $1.5 | Sell | Maintains | $2 → $1.5 | -13.29% | Nov 14, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $3 → $1.5 | Hold | Maintains | $3 → $1.5 | -13.29% | Nov 13, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | +73.41% | Nov 13, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 13, 2024 |
Financial Forecast
Revenue This Year
645.01M
from 716.30M
Decreased by -9.95%
Revenue Next Year
601.60M
from 645.01M
Decreased by -6.73%
EPS This Year
0.87
from -0.34
EPS Next Year
0.95
from 0.87
Increased by 9.71%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 670.7M | 657.5M | 647.9M |
| Avg | 645.0M | 601.6M | 589.3M |
| Low | 611.3M | 508.2M | 449.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -6.4% | 1.9% | 7.7% |
| Avg | -10.0% | -6.7% | -2.0% |
| Low | -14.7% | -21.2% | -25.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.01 | 1.46 | 1.62 |
| Avg | 0.87 | 0.95 | 0.96 |
| Low | 0.63 | 0.57 | 0.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 68.7% | 70.4% |
| Avg | - | 9.7% | 0.9% |
| Low | - | -34.3% | -30.8% |
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.