Chegg, Inc. (CHGG)
Market Cap | 201.83M |
Revenue (ttm) | 662.08M |
Net Income (ttm) | -821.28M |
Shares Out | 104.31M |
EPS (ttm) | -8.10 |
PE Ratio | n/a |
Forward PE | 3.03 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 93,346 |
Open | 1.970 |
Previous Close | 1.970 |
Day's Range | 1.931 - 1.990 |
52-Week Range | 1.340 - 11.480 |
Beta | 1.36 |
Analysts | Hold |
Price Target | 4.75 (+145.48%) |
Earnings Date | Feb 3, 2025 |
About CHGG
Chegg, Inc. operates a direct-to-student learning platform that helps learners build essential life and job skills to accelerate their path from learning programs 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, as well as Tinger Gold and DashPash Student services; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency chec... [Read more]
Financial Performance
In 2023, Chegg's revenue was $716.30 million, a decrease of -6.60% compared to the previous year's $766.90 million. Earnings were $18.18 million, a decrease of -93.18%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CHGG stock is "Hold." The 12-month stock price forecast is $4.75, which is an increase of 145.48% from the latest price.
News
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...
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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...
Chegg: AI Turnaround In The Works
Chegg continues struggling to transition post-COVID, with the stock plummeting despite solid cash flow potential. The ed-tech company beat Q2 estimates, but Chegg cut Q3 estimates by up to $10 million...
ZoomInfo Reports Weak Results, Joins Chegg And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Tuesday.
Chegg, Inc. (CHGG) Q2 2024 Earnings Call Transcript
Chegg, Inc. (NYSE:CHGG) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Tracey Ford - VP, IR and ESG Nathan Schultz - President and CEO David Longo - CFO Conference Ca...
Chegg follows Udemy in calling for tougher times ahead for edtech companies
Shares of Chegg Inc. dropped more than 17% in the after-hours session Monday after the edtech company reported better-than-expected second-quarter results but guided for lower revenue in the current q...
Chegg Reports 2024 Second 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 June 30, 2024. “Q2 has...
Max and Chegg Partner to Help Students Stream Their Favorite Shows and Movies with a Chegg Subscription
SANTA CLARA, Calif.--(BUSINESS WIRE)--As the new school year approaches, Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today, a new partnership that will bring ...
Chegg to Announce Second 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 Monday, August...
Joseph Drouhin announces its first wine shipment to the USA by Sailboat
BEAUNE, France--(BUSINESS WIRE)-- #dreyfusashby--Maison Joseph Drouhin, renowned for the quality of its Burgundy wines, is taking a new step in its sustainability commitment by announcing its first wi...
Chegg Selects AWS as its Preferred Cloud Provider for Next Generation, AI-Powered Student-focused Learning Solutions
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, a leading student-first online learning platform, announced today that it has chosen Amazon Web Services (AWS) as its preferred cloud provider to advance i...
Chegg Expands Leadership Team with Appointment of Chief Business Officer
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced the appointment of Chris Mason as Chief Business Officer today. In his expan...
Nexthink Solves Every Application Challenge with Nexthink Adopt
BOSTON & LAUSANNE, Switzerland--(BUSINESS WIRE)--Nexthink today announced Nexthink Adopt, the only digital adoption product built on a DEX platform.
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