▼ -10.53% Downside Potential
This price target is based on 17 analysts offering 12 month price targets for Chegg in the last 3 months. The average price target is $87.47, with a high forecast of $115.00 and a low forecast of $48.00. The average price target represents a -10.53% upside from the last price of $97.77.
The current consensus among 17 investment analysts is to buy stock in Chegg. This Buy consensus rating has held steady for over two years.
Chegg, Inc. operates direct-to-student learning platform that supports students on their journey from high school to college and into their career with tools designed to help them pass their test, pass their class, and save money on required materials. The company offers Chegg Services, which include digital products and services; and required materials that comprise its print textbooks and eTextbooks. Its digital products and services include Chegg Study, which helps students master challenging concepts on their own; Chegg Writing that enables generate sources in the required formats, when students need to cite their sources in written work; Chegg Tutors that allow students find human help on its learning platform through a network of live tutors; Chegg Math solver, a step-by-step math problem solver and calculator that helps students to solve problems; and Thinkful, a skills-based learning platform that offers professional courses in the areas of software engineering, data science, data analytics, product design, and product management directly to students. The company also provides other services, such as Chegg Prep and internships, college admission and scholarship services; rents and sells print textbooks and eTextbooks; and offers supplemental materials. Chegg, Inc. was founded in 2005 and is headquartered in Santa Clara, California.