Chegg, Inc. (CHGG)
| Market Cap | 358.78M |
| Revenue (ttm) | 703.04M |
| Net Income (ttm) | 14.57M |
| Shares Out | 102.22M |
| EPS (ttm) | -0.38 |
| PE Ratio | n/a |
| Forward PE | 3.14 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,396,214 |
| Open | 3.590 |
| Previous Close | 3.520 |
| Day's Range | 3.440 - 3.810 |
| 52-Week Range | 2.530 - 13.110 |
| Beta | 1.35 |
| Analysts | Sell |
| Price Target | 6.91 (+96.87%) |
| Earnings Date | Aug 5, 2024 |
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 9 analysts, the average rating for CHGG stock is "Sell." The 12-month stock price forecast is $6.91, which is an increase of 96.87% 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 July 12, 2024, its Compensation Committee granted equity awa...
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.
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.
Chegg says it's doubling down on students while cutting nearly a quarter of its staff
The digital-education platform Chegg Inc. on Monday said it would slash nearly a quarter of its staff, a move it said would free up space for longer-term investments as it tries to offer more than jus...
Chegg Announces Restructuring Plan and New Vision for Growth
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, a leading student-first online learning platform, announced a restructuring plan today and published a Shareholder Letter describing its comprehensive stra...
Chegg Publishes Annual Environmental, Social, and Governance (ESG) Report
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, published its third annual Environmental, Social, and Governance (ESG) report for ...
Top 5 Consumer Stocks Which Could Rescue Your Portfolio This Month - Whirlpool (NYSE:WHR)
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Chegg Strengthens its Academic Advisory Board in UK and Australia, Launches New Student Advisory Council
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG) today announced the newest members of its Academic Advisory Board, strengthening its presence in the UK and Australia, and further reinfo...
Top 3 Consumer Stocks That Could Blast Off This Month - Papa John's International (NASDAQ:PZZA)
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Chegg (CHGG) Plummets After Earnings
Chegg (CHGG) plummets after earnings. Its adjusted EPS came in at $0.26 versus an estimated $0.24 and revenue came in at $174.35M versus an estimated $174.05M.
Shares of two big online education stocks tank more than 10% as students use ChatGPT
Chegg and Coursera both sank 14% in premarket trading Tuesday, a day after issuing disappointing guidance.
Coursera, Chegg stocks fall after weaker guidance for both edtech companies
Shares of Coursera Inc. and Chegg Inc. fell in the after-hours session Monday after both education-tech companies guided for weaker current quarters, and Chegg also announced a CEO change.
Chegg Announces Appointment of Nathan Schultz as Chief Executive Officer
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of Nathan Schultz as President and Chief Executiv...
Chegg Reports 2024 First 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 March 31, 2024. “Natha...
Chegg to Announce First Quarter 2024 Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, announced today that it is scheduled to release its earnings results for the firs...
Chegg Appoints Deena Bahri as Chief Marketing Officer
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of Deena Bahri as Chief Marketing Officer, effect...
Chegg Reports New Hire Equity Grant Under NYSE Rule 303A.08
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that on March 12, 2024, its Compensation Committee granted equity ...
Chegg Announces 2nd Annual Global Student Mental Health Week Amid Growing Loneliness Epidemic
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), today announced that it has partnered with esteemed non-profits and organizations from around the world for Global Student Mental Health...
Chegg CEO Dan Rosensweig: Growth opportunities are ahead of us as we dig out of post-COVID hole
Dan Rosensweig, Chegg CEO, joins 'Closing Bell Overtime' to talk quarterly results, the competition of AI, areas where he sees growth and more.
Chegg's stock falls on weak first-quarter forecast as it tries to pivot to AI
Shares of the education-technology platform Chegg Inc. CHGG tumbled 9.7% after hours on Monday after the company forecast first-quarter sales that were below expectations and said it was “too early to...
Chegg Appoints David Longo as Chief Financial Officer
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of David Longo as Chief Financial Officer, effect...