Chegg, Inc. (CHGG)
NYSE: CHGG · Real-Time Price · USD
1.650
-0.120 (-6.78%)
At close: Dec 23, 2024, 4:00 PM
1.600
-0.050 (-3.03%)
Pre-market: Dec 24, 2024, 4:56 AM EST

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 187.88% from the current stock price of 1.65.

Analyst Consensus: Hold
Target Low Average Median High
Price $1.50 $4.75 $3.00 $10
Change -9.09% +187.88% +81.82% +506.06%
* Price targets were last updated on Nov 14, 2024.

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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 000000
Buy 000000
Hold 688888
Sell 222222
Strong Sell 100000
Total 91010101010

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 +6.06% Nov 14, 2024
Piper Sandler
Piper Sandler
Sell
Maintains
$2$1.5
Sell Maintains $2$1.5 -9.09% Nov 14, 2024
Craig-Hallum
Craig-Hallum
Hold
Maintains
$3$1.5
Hold Maintains $3$1.5 -9.09% Nov 13, 2024
Northland Capital Markets
Northland Capital Markets
Hold
Maintains
$4$3
Hold Maintains $4$3 +81.82% Nov 13, 2024
Needham
Needham
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Nov 13, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
628.41M
from 716.30M
Decreased by -12.27%
Revenue Next Year
529.46M
from 628.41M
Decreased by -15.75%
EPS This Year
0.77
from -0.34
EPS Next Year
0.68
from 0.77
Decreased by -11.99%
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
410.93M644.34M776.27M766.90M716.30M628.41M529.46M463.80M
Revenue Growth
27.98%56.80%20.47%-1.21%-6.60%-12.27%-15.75%-12.40%
EPS
-0.08-0.05-0.011.34-0.340.770.680.57
EPS Growth
-------11.99%-16.35%
Forward PE
-----2.152.442.92
No. Analysts -----13138
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 647.4M 592.3M 524.8M
Avg 628.4M 529.5M 463.8M
Low 603.4M 450.1M 360.6M

Revenue Growth

Revenue Growth 202420252026
High
-9.6%
-5.8%
-0.9%
Avg
-12.3%
-15.7%
-12.4%
Low
-15.8%
-28.4%
-31.9%

EPS Forecast

EPS 202420252026
High 0.85 0.88 1.03
Avg 0.77 0.68 0.57
Low 0.58 0.44 0.25

EPS Growth

EPS Growth 202420252026
High -
14.8%
52.2%
Avg -
-12.0%
-16.3%
Low -
-42.6%
-62.3%
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.