Chegg, Inc. (CHGG)

NYSE: CHGG · IEX Real-Time Price · USD
16.34
+0.10 (0.58%)
Mar 31, 2023, 11:51 AM EDT - Market open
0.58%
Market Cap 2.07B
Revenue (ttm) 766.90M
Net Income (ttm) 266.64M
Shares Out 126.55M
EPS (ttm) 1.34
PE Ratio 12.12
Forward PE 19.80
Dividend n/a
Ex-Dividend Date n/a
Volume 2,242,524
Open 16.32
Previous Close 16.24
Day's Range 16.03 - 16.39
52-Week Range 15.25 - 37.64
Beta 1.12
Analysts Buy
Price Target 20.78 (+27.21%)
Earnings Date May 1, 2023

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]

IPO Date Nov 13, 2013
Employees 2,464
Stock Exchange NYSE
Ticker Symbol CHGG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for CHGG stock is "Buy." The 12-month stock price forecast is $20.78, which is an increase of 27.21% from the latest price.

Price Target
$20.78
(27.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

7 Value-Trap Stocks That Will Punish the Bagholders

Markets will exploit investors who are too patient and forgiving on companies that are the value traps. These companies mask as deeply discounted companies that appear to have plenty of margin of safe...

Other symbols: CSFGMLHXMDTTDOC
3 weeks ago - InvestorPlace

Is the Options Market Predicting a Spike in Chegg (CHGG) Stock?

Investors need to pay close attention to Chegg (CHGG) stock based on the movements in the options market lately.

3 weeks ago - Zacks Investment Research

Chegg enters $150 million accelerated share repurchase agreement with JPMorgan and National Association

Education company Chegg Inc. CHGG, +0.38% said Friday it has entered a new $150 million accelerated share repurchase agreement with JP Morgan and National Association. Under the terms of the deal, Che...

1 month ago - Market Watch

Chegg Announces New $150 Million Accelerated Share Repurchase

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that it has entered into an accelerated share repurchase agreement...

1 month ago - Business Wire

Top 5 Consumer Stocks Which You'll Regret Missing In Q1 2023 - Aramark (NYSE:ARMK), Chegg (NYSE:CHGG)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: ARMK
1 month ago - Benzinga

Chegg Faces a New Threat With the Rise of ChatGPT

Chegg (NYSE: CHGG) has helped college students ace their courses for several years, often with little to no actual work. Chegg's massive homework and exam answers database has become indispensable for...

1 month ago - MarketBeat

AI, ChatGPT mania a symptom of ‘Amazon disease'

Yahoo Finance's Myles Udland joins the Live show to discuss the investor urge to chase AI stocks.

1 month ago - Yahoo Finance

Top 4 Consumer Stocks That Are Set To Fly - iRobot (NASDAQ:IRBT), Chegg (NYSE:CHGG)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: IRBT
1 month ago - Benzinga

The business is actually doing very well right now, says Chegg CEO Daniel Rosensweig

Daniel Rosensweig, Chegg CEO, joins ‘Closing Bell' to discuss its latest earning reports. The company's stock has plummeted after sharing weaker-than-expected first quarter.

1 month ago - CNBC Television

Chegg CEO Dan Rosensweig: The business is actually doing very well right now

Daniel Rosensweig, Chegg CEO, joins ‘Closing Bell' to discuss its latest earning reports. The company's stock has plummeted after sharing weaker-than-expected first-quarter on Monday.

1 month ago - CNBC Television

Chegg plunges 23% as it shrugs off the threat of ChatGPT after giving disappointing 2023 outlook

"We believe AI will have a significant effect on human capabilities and humanity overall. But AI and machine learning models are not new to Chegg"

1 month ago - Business Insider

Chegg (CHGG) Stock Sinks 20% on Weak Guidance, Analyst Downgrade

Stocks are supposed to go up after an earnings beat, right? Not always, as Chegg (NYSE: CHGG) stock is tanking today.

1 month ago - InvestorPlace

Chegg stock falls on shrinking sales, weak outlook

Yahoo Finance Live anchors Julie Hyman, Brad Smith, and Brian Sozzi discuss Chegg earnings, CEO Dan Rosensweig's remarks on ChatGPT and AI, as well as the outlook for the stock.

1 month ago - Yahoo Finance

Chegg Stock Falls 20% on Weak Guidance. It Also Gets a Downgrade.

Analysts at KeyBanc downgraded the shares after fourth-quarter results.

1 month ago - Barrons

Bed Bath, Chegg, Oak Street, BP, and More Market Movers

Bed Bath & Beyond launches an equity offering to raise more than $1 billion to repay debt; Chegg tumbles after issuing revenue guidance for the first quarter and full year below analysts' expectations...

Other symbols: BP
1 month ago - Barrons

Chegg (CHGG) Q4 Earnings and Revenues Surpass Estimates

Chegg (CHGG) delivered earnings and revenue surprises of 2.56% and 1.77%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Stocks moving in after hours: Chegg, Petmed Express, Simon Property Group

Yahoo Finance Live's Jared Blikre checks out several stocks trending in the after-hours trading session.

Other symbols: PETSSPG
1 month ago - Yahoo Finance

Chegg stock dives more than 20% as forecast calls for another year of shrinking sales

Chegg Inc. CHGG, -1.45% shares sank more than 20% in after-hours trading Monday after executives guided for a second consecutive year of shrinking sales. The online-education company reported fourth-q...

1 month ago - Market Watch

Chegg Reports 2022 Earnings and Gives 2023 Guidance

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three and twelve months ended December ...

1 month ago - Business Wire

DoorDash and Chegg Partner to Give College Students More Fuel for School

SAN FRANCISCO--(BUSINESS WIRE)--DoorDash, Inc. (NYSE: DASH) and Chegg (NYSE: CHGG), the leading student-first connected learning platform, today announced a new partnership to offer US Chegg Study P...

Other symbols: DASH
2 months ago - Business Wire

Chegg CEO: There should be an overhaul in education

Chegg CEO Dan Rosensweig joins Yahoo Finance Live anchors Julie Hyman and Brian Sozzi at the 2023 World Economic Forum in Davos, Switzerland, to discuss why students are choosing to move away from tra...

2 months ago - Yahoo Finance

Chegg Announces Inaugural Student Mental Health Week to Address Growing Student Anxiety in the Age of Covid and Beyond

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), today announced that it has partnered with five esteemed non-profits to establish Student Mental Health Week from February 6 to Februa...

2 months ago - Business Wire

Chegg stock drops amid ChatGPT headwinds on education industry

Yahoo Finance Live looks towards Chegg shares following the rising popularity of OpenAI's ChatGPT bot.

2 months ago - Yahoo Finance

Chegg to Announce Fourth Quarter and Full Year 2022 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 fo...

2 months ago - Business Wire

Why Is Chegg (CHGG) Stock Falling 15% Today?

Amid another weak opening on Wall Street, education technology firm Chegg (NYSE: CHGG) suffered a devastating blow, falling 15% on Wednesday. Making a name for itself in recent years through its onli...

2 months ago - InvestorPlace