Chegg, Inc. (CHGG)

NYSE: CHGG · IEX Real-Time Price · USD
7.15
-0.30 (-4.03%)
At close: Apr 12, 2024, 4:00 PM
7.29
+0.14 (1.96%)
After-hours: Apr 12, 2024, 7:51 PM EDT
-4.03%
Market Cap 736.09M
Revenue (ttm) 716.30M
Net Income (ttm) 18.18M
Shares Out 102.95M
EPS (ttm) -0.34
PE Ratio n/a
Forward PE 6.24
Dividend n/a
Ex-Dividend Date n/a
Volume 1,455,359
Open 7.38
Previous Close 7.45
Day's Range 7.10 - 7.42
52-Week Range 6.98 - 18.77
Beta 1.28
Analysts Hold
Price Target 10.75 (+50.35%)
Earnings Date Apr 29, 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]

IPO Date Nov 13, 2013
Employees 1,979
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 11 analysts, the average rating for CHGG stock is "Hold." The 12-month stock price forecast is $10.75, which is an increase of 50.35% from the latest price.

Price Target
$10.75
(50.35% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

8 days ago - Business Wire

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...

17 days ago - Business Wire

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 ...

4 weeks ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - CNBC Television

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...

2 months ago - Market Watch

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...

2 months ago - Business Wire

Chegg Reports 2023 Fourth Quarter and Full Year Financial Results

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 31...

2 months ago - Business Wire

Do what this deal-making CEO does and find ‘AI-proof' industries for your money

Over the past 44 years, I've started seven companies from scratch, each becoming a billion- or multibillion-dollar enterprise. As I searched for my next venture over the past year, there was an AI dim...

2 months ago - Market Watch

Chegg to Announce Fourth Quarter and Full Year 2023 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 four...

3 months ago - Business Wire

From Nvidia to Meta, these 9 companies are hiring the most generative AI talent

Companies are actively hiring workers with generative AI skills.   Meta, Amazon, and Capital One are among the employers with the most job listings referencing genAI.

Other symbols: METANVDAACNAMZNCOF
4 months ago - Business Insider

UserWay Expands Executive Leadership with Key Appointments in Product and Communications

Full-Service Digital Accessibility Platform Appoints Sophia Tupolev-Luz as VP of Communications and Etay Geller as VP of Product WILMINGTON, Del. , Nov. 20, 2023 /PRNewswire/ -- UserWay (TASE: UWAY), ...

5 months ago - PRNewsWire

Chegg announces $150 million accelerated share repurchase with Morgan Stanley Bank

Education company Chegg Inc.'s stock CHGG, +4.34% rose 2.6% premarket Wednesday, after the company announced a $150 million accelerated share repurchase with Morgan Stanley Bank N.A. Chegg will make a...

5 months 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...

5 months ago - Business Wire

Chegg swings to quarterly loss, CFO to retire

Chegg Inc. CHGG, +4.60% shares dropped more than 4% in the extended session Monday after the online education services company swung to a loss in the third quarter. Chegg lost $18.3 million, or 16 cen...

5 months ago - Market Watch

Chegg Reports Third Quarter 2023 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, 2023. “C...

5 months ago - Business Wire

Chegg to Announce Third Quarter 2023 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 thir...

6 months ago - Business Wire

Chegg Strengthens Executive Leadership Team with Appointment of Dana Underwood As Chief Product Officer

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced that Dana Underwood has joined the company as Chief Product Offic...

6 months ago - Business Wire

Chegg is coming out of the Freezer

Last month I wrote about the Value of Momentum. To recap, Momentum investing is a recognized investing strategy which posits that recent stock market winners will continue their winning streak in the ...

7 months ago - GuruFocus

Chegg Announces Increased Authorization of Securities Repurchase Program by $200 million

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced its board of directors has authorized an increase of $200 million...

8 months ago - Business Wire

Paramount Global, Lucid Group, Beyond Meat, Chegg: After-hours movers August 8, 2023

Paramount Global (PARA) reported second-quarter results that beat Wall Street estimates. Lucid Group (LCID) reaffirmed its production goals for the year with the company believing that it will produce...

Other symbols: BYNDLCIDPARAPARAA
8 months ago - Yahoo Finance

Chegg Shares Jump After Beating Sales Estimates and Promoting Its AI Strategy

Chegg shares soared after the education technology provider posted better-than-expected sales and laid out its artificial intelligence strategy.

8 months ago - Investopedia

Chegg stock surges on Q2 revenue beat, here are key takeaways from the earnings call

Chegg (CHGG) stock climbs following the company posting a Q2 earnings beat. Yahoo Finance Reporter Josh Schafer joins the Live show to break down Chegg's AI strategy utilizing ChatGPT — which Chegg ch...

8 months ago - Yahoo Finance

Chegg stock price suddenly wakjes up as AI disruption fears ease

Chegg (NYSE: CHGG) stock price made a strong comeback after the company published encouraging financial results. The shares surged by over 25% in extended hours as the firm shrugged off artificial int...

8 months ago - Invezz

After hours stock movers August 7, 2023: Paramount Global, Lucid Group, Beyond Meat, Chegg

Yahoo Finance Reporter Josh Schafer breaks down after hour stock movers for August 7, 2023 which include Paramount Global, Lucid Group, Beyond Meat, and Chegg.

Other symbols: BYNDLCIDPARAPARAA
8 months ago - Yahoo Finance