Chegg, Inc. (CHGG)

NYSE: CHGG · IEX Real-Time Price · USD
18.63
-0.23 (-1.22%)
Jul 7, 2022 12:34 PM EDT - Market open
-1.22%
Market Cap 2.35B
Revenue (ttm) 780.13M
Net Income (ttm) 69.46M
Shares Out 125.90M
EPS (ttm) 0.53
PE Ratio 35.15
Forward PE 20.16
Dividend n/a
Ex-Dividend Date n/a
Volume 835,846
Open 18.96
Previous Close 18.86
Day's Range 18.44 - 19.25
52-Week Range 15.66 - 90.50
Beta 1.12
Analysts Buy
Price Target 29.62 (+59.0%)
Earnings Date Aug 8, 2022

About CHGG

Chegg, Inc. operates direct-to-student learning platform that supports students starting with their academic journey and extending into their careers with products and services to support and help them better understand their academic course materials. The company offers Chegg Services, which include subscription services; and required materials that comprise its print textbooks and eTextbooks. Its subscription services include Chegg Study, which helps students master challenging concepts on their own; Chegg Writing that provides students with ... [Read more...]

Industry Diversified Consumer Services
IPO Date Nov 13, 2013
CEO Daniel Rosensweig
Employees 2,464
Stock Exchange NYSE
Ticker Symbol CHGG
Full Company Profile

Financial Performance

In 2021, Chegg's revenue was $776.27 million, an increase of 20.47% compared to the previous year's $644.34 million. Losses were -$1.46 million, -76.56% less than in 2020.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for CHGG stock is "Buy." The 12-month stock price forecast is 29.62, which is an increase of 58.99% from the latest price.

Price Target
$29.62
(58.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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Stock market crashes are one of my favorite times to buy shares because of the potential for bargain prices.

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6 Stocks Insiders Are Buying Now

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Management Is On a Buying Frenzy for This Growth Stock

The board of directors increased its share buyback by another $1 billion.

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These six tech stocks have recently had insider buying and have approved share buybacks -- both hugely bullish signs. The post 6 Tech Stocks That Insiders Are Buying Big Time appeared first on InvestorP...

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Buy These 2 Growth Stocks on the Dip

The growth stock sell-off of 2022 gives investors plenty of stocks to choose from -- and these are two of my favorites.

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Here's Why Chegg Shares Are Rising Today

Chegg Inc (NYSE: CHGG) shares are trading higher by 5.78% at $21.60 after the company announced it increased its buyback program by $1 billion. Chegg says, in addition to this increased $1 billion secur...

Chegg Announces Increased Authorization of Securities Repurchase Program by $1 Billion

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connect learning platform, today announced its board of directors has authorized the increase of its previously ...

This Staggering Statistic Could Be Costing Chegg

The education technology company has a smaller market to capture due to a shrinking group of college students.

Worried About the Economy's Low Grades? Buy This EdTech Stock.

In times of recession, more people look to take college courses, benefiting this education technology stock.

I don't like any of these stay-at-home stocks, says Cerity's Jim Lebenthal

Cerity Partners' Jim Lebenthal joins 'Closing Bell: Overtime' to discuss MarketRebellion.com's Jon Najarian buying more shares of Teladoc.

Chegg CEO explains how wage inflation has impacted higher education

Chegg CEO Dan Rosenweig joins Yahoo Finance anchor Brian Sozzi in Davos, Switzerland at the World Economic Forum to discuss inflation, the future of higher education, consumer spending, the possibility ...

Chegg, the Leading Online Learning Platform, Launches the Center for Digital Learning

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the launch of the Center for Digital Learning, which aims to suppor...

Why Shares of Online Education Companies 2U and Chegg Jumped Higher Today

Possible takeover talk lifted the two beaten-down stocks.

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The market has shunned growth stocks, creating an opportunity to buy them at huge discounts.

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Revenue Growth Is Slowing for These Pandemic Winners

Economic reopening is creating a headwind for companies that thrived when consumers were spending more time at home.

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Nasdaq Bear Market: 3 Growth Stocks Down 70% (or More) to Buy Right Now

These beaten-down stocks are screaming buys.

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Why Chegg Plunged More Than 20% This Week

The education technology company fell after its earnings and outlook disappointed.

Chegg CFO details ‘trifecta' of challenges in higher education

Chegg CFO Andrew Brown joins Yahoo Finance Live anchors Akiko Fujita and to discuss company earnings, the labor market, inflation, and the challenges higher education is facing.

Slow Progress Has This Growth Stock Lowering Expectations for 2022

Enrollment is decreasing as colleges ask students to come back to classrooms.

2 Growth Stocks Down 75% or More That Are Screaming Buys in May

The market appears to have overreacted to the headwinds Pinterest and Chegg are facing.

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The Ratings Game: Chegg's ‘déjà vu' outlook sends stock plunging as several onetime bulls jump ship

Chegg Inc. acknowledged that more people are focused on “earning over learning” in the current macroeconomic environment, a seesawing view on its business trends that sent shares diving and prompted sev...

Chegg plummets 37% as CEO says 'people are shifting their priorities toward earning over learning' and inflation putt...

"With higher wages and increased cost of living, more people are shifting their priorities towards earning over learning," Chegg's CEO said.

Chegg Gets Schooled Hard for Its Q1 Results

The education specialist beat on both revenue and earnings for the quarter. There's a major "but," however, regarding guidance.

Here's Why Chegg Stock Crashed Today

Difficult economic times are forcing people to prioritize work over school.