Chegg, Inc. (CHGG)
| Market Cap | 77.11M |
| Revenue (ttm) | 617.57M |
| Net Income (ttm) | -837.07M |
| Shares Out | 105.11M |
| EPS (ttm) | -8.10 |
| PE Ratio | n/a |
| Forward PE | 5.77 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,594,570 |
| Open | 0.660 |
| Previous Close | 0.649 |
| Day's Range | 0.650 - 0.738 |
| 52-Week Range | 0.620 - 7.750 |
| Beta | 1.52 |
| Analysts | Sell |
| Price Target | 2.08 (+183.19%) |
| Earnings Date | Apr 28, 2025 |
About CHGG
Chegg, Inc. provides individualized learning support to students that helps build essential academic, life, and job skills to achieve success 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; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for CHGG stock is "Sell." The 12-month stock price forecast is $2.08, which is an increase of 183.19% from the latest price.
News
Chegg Donates $50,000 to Stevens Institute of Technology's iSTEM and Launchpad Programs to Power Student Innovation
HOBOKEN, N.J.--(BUSINESS WIRE)--Chegg, a leading student-first online learning platform, announced today a $50,000 donation to Stevens Institute of Technology's iSTEM and Launchpad@Stevens programs fr...
Chegg: Escalating Crisis Mode
Chegg, Inc. faces a crisis due to AI, with revenues down 24% YOY. The online tutoring platform has promising AI tools, but generative AI and Google AIO are reducing the need for Chegg's subscription s...
Chegg accuses Google of using AI to crush traffic, revenue in antitrust lawsuit: ‘Harmful and unsustainable'
Chegg has filed a federal antitrust lawsuit against Google – alleging that the company's use of AI-generated summaries in search engine results has crushed its website traffic and revenue.
Chegg sues Google over AI-generated information blurbs in searches
CNBC's Andrew Ross Sorkin reports on the latest news.
Chegg, Inc. (CHGG) Q4 2024 Earnings Call Transcript
Chegg, Inc. (NYSE:CHGG) Q4 2024 Earnings Conference Call February 24, 2025 4:30 PM ET Company Participants Tracey Ford - Investor Relations Nathan Schultz - President and Chief Executive Officer Davi...
Chegg sues Google over AI search summaries
Edtech company Chegg has sued Google claiming that the tech giant's AI summaries of search results have hurt Chegg's traffic and revenue.
Chegg sues Google for hurting traffic with AI as it considers strategic alternatives
Chegg on Monday filed suit in federal district court against Google, claiming that AI summaries of search results have hurt the online education company's traffic and revenue. Chegg has engaged Goldma...
Chegg Reports 2024 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 quarter and year ended December 31, 2024....
CORRECTING and REPLACING In It Together: Chegg Partners With Organizations Around the World for Third Annual Global Student Mental Health Week
SANTA CLARA, Calif.--(BUSINESS WIRE)--Fifth paragraph of release dated January 29, 2025: Student Minds has been removed from the list of non-profits and organizations Chegg has partnered with for this...
In It Together: Chegg Partners With Organizations Around the World for Third Annual Global Student Mental Health Week
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG) today announced its third annual Global Student Mental Health Week will take place February 24 to March 2. Partnering with leading global...
Chegg Global Student Survey 2025: 80% of Undergraduates Worldwide Have Used GenAI to Support their Studies – But Accuracy a Top Concern
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg's (NYSE: CHGG) 2025 Global Student Survey found that although four in five (80%) students worldwide have used GenAI to support their university studies, tru...
Chegg, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today that it is scheduled to release its earnings results on Monday, Februa...
Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a leading student-first connected learning platform, today announced that on December 12, 2024, its Compensation Committee granted equity...
Stock Picks From Seeking Alpha's November 2024 New Analysts
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Top 3 Consumer Stocks That May Keep You Up At Night This Quarter
As of Dec. 5, 2024, three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Chegg Announces Repurchase of 0% Convertible Senior Notes Due 2026
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a leading student-first connected learning platform, today announced that it has entered into individual, privately negotiated repurchase...
Chegg Stock: Crisis Mode Opportunity
Chegg, Inc. faces an existential crisis due to AI impacts, with declining revenues and subscribers, despite attempts at restructuring and AI integration. The company reported Q3 '24 revenues down 13% ...
Chegg, Inc. (CHGG) Q3 2024 Earnings Call Transcript
Chegg, Inc. (NYSE:CHGG) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Tracey Ford - Vice President of Investor Relations & ESG Nathan Schultz - President & Chief ...
Chegg Reports 2024 Third 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 September 30, 2024. “W...
Chegg stock price outlook: could CHGG surge 75% after earnings?
Chegg stock price has imploded as it became one of the biggest victims of the artificial intelligence craze. CHGG shares have crashed by over 80% this year and by almost 100% from its all-time high of...
Chegg to Announce Third Quarter 2024 Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today that it is scheduled to release its earnings results on Tuesday, Novem...
Chegg Is Now A Deep Value Candidate, Following 98% Price Implosion
Chegg's stock has plummeted 98% from its peak, despite relatively stable sales, cash flow, and non-GAAP earnings. Current fundamental valuation metrics place Chegg at a 90-95% discount to decade avera...
Chegg Announces Board Changes
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, a leading student-first online learning platform, announced today that Sarah Bond and Dr. Paul LeBlanc are departing its board of directors. "On behalf of ...
Chegg: New Investments In AI, Stock Is Very Undervalued
Chegg is focusing on AI tools and partnerships to accelerate net sales growth. The company offers diversified services in multiple languages and jurisdictions, aiming to meet the needs of new clients ...
Chegg: No Major Signs Of Turnaround Yet
2Q24 earnings saw disappointing revenue decline and poor profit metrics. Improvements in retention rates and AI features not translating to subscriber growth. International expansion efforts may not b...