Chegg, Inc. (CHGG)

NYSE: CHGG · Real-Time Price · USD
1.935
-0.035 (-1.77%)
Dec 19, 2024, 9:39 AM EST - Market open
-1.77%
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]

IPO Date Nov 13, 2013
Employees 3,119
Stock Exchange NYSE
Ticker Symbol CHGG
Full Company Profile

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 Statements

Analyst 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.

Price Target
$4.75
(145.48% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

2 days ago - Business Wire

Stock Picks From Seeking Alpha's November 2024 New Analysts

Twenty-six new analysts joined Seeking Alpha in November, sharing diverse investment ideas highlighting their unique backgrounds and expertise. Top picks include U.S. Bancorp Preferred Series A, Hersh...

14 days ago - Seeking Alpha

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.

Other symbols: ANFIVE
14 days ago - Benzinga

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...

24 days ago - Business Wire

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% ...

4 weeks ago - Seeking Alpha

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 ...

5 weeks ago - Seeking Alpha

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...

5 weeks ago - Business Wire

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...

5 weeks ago - Invezz

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...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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 ...

3 months ago - Business Wire

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 ...

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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.

Other symbols: ZI
4 months ago - Benzinga

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...

4 months ago - Seeking Alpha

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...

Other symbols: UDMY
4 months ago - Market Watch

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...

4 months ago - Business Wire

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 ...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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.

6 months ago - Business Wire

Stocks To Watch: Chegg, Philip Morris and Fisker

Bloomberg's Carmen Reinicke covers the stocks making big moves today. She speaks with Alix Steel and Paul Sweeney on Bloomberg Radio.

Other symbols: PM
6 months ago - Bloomberg Markets and Finance