Chegg, Inc. (CHGG)
NYSE: CHGG · Real-Time Price · USD
0.6089
+0.0397 (6.97%)
Apr 23, 2025, 4:00 PM EDT - Market closed
Chegg Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Chegg stock have an average target of 2.08, with a low estimate of 1.00 and a high estimate of 4.00. The average target predicts an increase of 241.60% from the current stock price of 0.61.
Analyst Consensus: Sell
* Price targets were last updated on Feb 25, 2025.
Analyst Ratings
The average analyst rating for Chegg stock from 8 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 8 | 8 | 7 | 5 | 5 | 4 |
| Sell | 2 | 2 | 3 | 3 | 3 | 4 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Apr 8, 2025 |
| Piper Sandler | Piper Sandler | Sell Maintains $1.5 → $1 | Sell | Maintains | $1.5 → $1 | +64.23% | Feb 25, 2025 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Feb 25, 2025 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jan 16, 2025 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $2 → $1.25 | Hold → Sell | Downgrades | $2 → $1.25 | +105.29% | Jan 14, 2025 |
Financial Forecast
Revenue This Year
440.62M
from 617.57M
Decreased by -28.65%
Revenue Next Year
386.19M
from 440.62M
Decreased by -12.35%
EPS This Year
0.09
from -8.10
EPS Next Year
-0.00
from 0.09
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 503.1M | 444.8M | 414.9M |
| Avg | 440.6M | 386.2M | 358.8M |
| Low | 403.6M | 335.2M | 302.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -18.5% | 1.0% | 7.4% |
| Avg | -28.7% | -12.4% | -7.1% |
| Low | -34.7% | -23.9% | -21.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.21 | 0.15 | 0.18 |
| Avg | 0.09 | -0.00 | 0.16 |
| Low | -0.17 | -0.36 | 0.15 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 60.1% | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.