NYSE:CHGG Chegg (CHGG) Stock Price, News & Analysis → Gold Set to EXPLODE! (From Gold Safe Exchange) (Ad) Free CHGG Stock Alerts $4.96 0.00 (0.00%) (As of 11:22 AM ET) Add Compare Share Share Today's Range$4.87▼$5.0350-Day Range$4.97▼$9.0452-Week Range$4.87▼$13.11Volume785,764 shsAverage Volume2.92 million shsMarket Capitalization$507.00 millionP/E RatioN/ADividend YieldN/APrice Target$7.31 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Chegg alerts: Email Address Chegg MarketRank™ Stock AnalysisAnalyst RatingStrong Sell1.44 Rating ScoreUpside/Downside46.5% Upside$7.31 Price TargetShort InterestBearish14.27% of Float Sold ShortDividend StrengthN/ASustainability-0.54Upright™ Environmental ScoreNews Sentiment-0.03Based on 20 Articles This WeekInsider TradingN/AProj. Earnings Growth44.44%From $0.27 to $0.39 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.53 out of 5 starsComputer And Technology Sector78th out of 592 stocksEducational Services Industry1st out of 22 stocks 3.7 Analyst's Opinion Consensus RatingChegg has received a consensus rating of Strong Sell. The company's average rating score is 1.44, and is based on no buy ratings, 4 hold ratings, and 5 sell ratings.Amount of Analyst CoverageChegg has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Chegg's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted14.27% of the float of Chegg has been sold short.Short Interest Ratio / Days to CoverChegg has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Chegg has recently increased by 3.53%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldChegg does not currently pay a dividend.Dividend GrowthChegg does not have a long track record of dividend growth. Previous Next 4.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreChegg has received a 68.14% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "MOOC platforms", "E-learning platforms for higher education", and "Private tutoring services" products. See details.Environmental SustainabilityThe Environmental Impact score for Chegg is -0.54. Previous Next 1.1 News and Social Media Coverage News SentimentChegg has a news sentiment score of -0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.39 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Chegg this week, compared to 7 articles on an average week.Search InterestOnly 6 people have searched for CHGG on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Chegg to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chegg insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.40% of the stock of Chegg is held by insiders.Percentage Held by Institutions95.18% of the stock of Chegg is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Chegg's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Chegg are expected to grow by 44.44% in the coming year, from $0.27 to $0.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chegg is -26.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Chegg is -26.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioChegg has a PEG Ratio of 0.98. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioChegg has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Chegg's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlace1970’s computer coder Issues Shocking AI WarningLouis Navellier has spent four decades building a billion-dollar empire on the back of big data and technology… Now he's stepping forward with a shocking warning about how AI will soon impact the wealth of everyday Americans.Click here to watch his new video ASAP About Chegg Stock (NYSE: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 checking, expert personalized writing feedback, and premium citation generation; Chegg Math, a step-by-step math problem solver and calculator that helps students to solve problems; Chegg Study Pack, a bundle of various subscription product offerings, including Chegg Study, Chegg Writing, and Chegg Math services; and Busuu, an online language learning platform that offers comprehensive support through self-paced lessons, live classes with expert tutors, and a community of members to practice alongside. The company also provides a skills-based learning platform to learn technical skills comprising AI, coding, data analytics, and cybersecurity, as well as competencies consisting of emotional intelligence, mindset, emerging leadership, and decision making. In addition, it rents and sells print textbooks and eTextbooks; and offers advertising services. The company serves students and companies through direct marketing channels and social media. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.Read More CHGG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CHGG Stock News HeadlinesMay 8, 2024 | marketbeat.comChegg Chokes on AI Attempt, CEO Talks it Up As He Passes TorchDespite the viral spread of artificial intelligence (AI) applications in companies and industries, not every enterprise is cashing in wildly or even seeing an uptick in business. This has become painfully evident for online education platform provider Chegg Inc. NYSE: CHGG.May 8, 2024 | marketbeat.comChegg Chokes on AI Attempt, CEO Talks it Up As He Passes Torch Chegg beat Q1 2024 EPS by a penny but lowered its top and bottom line estimates for Q2 2024 as CheggMate AI isn't helping.May 9, 2024 | InvestorPlace (Ad)1970’s computer coder Issues Shocking AI WarningLouis Navellier has spent four decades building a billion-dollar empire on the back of big data and technology… Now he's stepping forward with a shocking warning about how AI will soon impact the wealth of everyday Americans.April 24, 2024 | marketbeat.comDuolingo Speaks the Language of Growth for Investors (CHGG)Duolingo reported strong first quarter earnings and upbeat guidance, which is likely to translate into a bullish reversal for DUOL stockMay 8, 2024 | finance.yahoo.com20 Countries with the Highest Pupil-to-Teacher Ratio in the WorldMay 8, 2024 | americanbankingnews.comChegg, Inc. (NYSE:CHGG) Given Average Rating of "Strong Sell" by AnalystsMay 7, 2024 | finance.yahoo.comChegg's Stock Price Drops 27% As ChatGPT And Free AI Tools Send Stock PlummetingMay 4, 2024 | americanbankingnews.comResearch Analysts Set Expectations for Chegg, Inc.'s Q2 2024 Earnings (NYSE:CHGG)May 9, 2024 | InvestorPlace (Ad)1970’s computer coder Issues Shocking AI WarningLouis Navellier has spent four decades building a billion-dollar empire on the back of big data and technology… Now he's stepping forward with a shocking warning about how AI will soon impact the wealth of everyday Americans.May 4, 2024 | americanbankingnews.comChegg, Inc. (NYSE:CHGG) to Post Q2 2024 Earnings of $0.12 Per Share, Northland Capmk ForecastsMay 4, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for Chegg, Inc. Lowered by Analyst (NYSE:CHGG)May 3, 2024 | fool.com1 Stock I Wouldn't Touch With a 10-Foot PoleMay 1, 2024 | msn.comJefferies Downgrades Chegg (CHGG)May 1, 2024 | msn.comCraig-Hallum Downgrades Chegg (CHGG)May 1, 2024 | msn.comChegg, Inc. (NYSE:CHGG) Q1 2024 Earnings Call TranscriptMay 1, 2024 | americanbankingnews.comChegg's (CHGG) "Hold" Rating Reaffirmed at Craig HallumMay 1, 2024 | americanbankingnews.comChegg (NYSE:CHGG) Downgraded to "Underperform" at Jefferies Financial GroupMay 1, 2024 | americanbankingnews.comChegg (NYSE:CHGG) PT Lowered to $7.00May 1, 2024 | americanbankingnews.comChegg (NYSE:CHGG) Given Underweight Rating at Piper SandlerMay 1, 2024 | americanbankingnews.comChegg's (CHGG) "Hold" Rating Reaffirmed at Needham & Company LLCMay 1, 2024 | americanbankingnews.comChegg (NYSE:CHGG) Reaches New 52-Week Low After Analyst DowngradeApril 30, 2024 | bloomberg.comChegg Slumps as Wall Street Sees AI Threat to Homework-Help FirmApril 30, 2024 | markets.businessinsider.comMaintaining Hold on Chegg: Balancing Near-Term Challenges with Long-Term AI Integration PotentialApril 30, 2024 | msn.comChegg Analysts Slash Their Forecasts After Q1 ResultsApril 30, 2024 | theglobeandmail.comChegg (CHGG) Stock Trades Down, Here Is WhyApril 30, 2024 | seekingalpha.comChegg shares fall to record low on downbeat guidance, downgradesApril 30, 2024 | markets.businessinsider.comWhy Chegg Shares Are Plummeting TodaySee More Headlines Receive CHGG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Chegg and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/05/2024Today5/09/2024Next Earnings (Estimated)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Educational services Sub-IndustryN/A Current SymbolNYSE:CHGG CUSIPN/A CIK1364954 Webwww.chegg.com Phone(408) 855-5700FaxN/AEmployees1,979Year Founded2005Price Target and Rating Average Stock Price Target$7.31 High Stock Price Target$10.00 Low Stock Price Target$4.00 Potential Upside/Downside+47.3%Consensus RatingStrong Sell Rating Score (0-4)1.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($0.19) Trailing P/E RatioN/A Forward P/E Ratio18.39 P/E Growth0.98Net Income$18.18 million Net Margins2.07% Pretax Margin7.34% Return on Equity0.87% Return on Assets0.48% Debt Debt-to-Equity Ratio0.25 Current Ratio0.92 Quick Ratio0.92 Sales & Book Value Annual Sales$703.04 million Price / Sales0.72 Cash Flow$1.29 per share Price / Cash Flow3.86 Book Value$8.16 per share Price / Book0.61Miscellaneous Outstanding Shares102,217,000Free Float98,742,000Market Cap$507.51 million OptionableOptionable Beta1.35 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Daniel Lee Rosensweig (Age 62)Co-Chairman, CEO & President Comp: $1.09MMr. Nathan Schultz (Age 47)Chief Operating Officer Comp: $834.08kMr. David Longo (Age 56)CFO, Principal Financial Officer, Treasurer, Controller & Chief Accounting Officer Ms. Tracey FordVice President of Investor RelationsMr. Woodie Dixon Jr.General Counsel & Corporate SecretaryMs. Heather Hatlo PorterChief Communications OfficerMs. Deena BahriChief Marketing OfficerMs. Debra ThompsonChief People OfficerMr. Mitch SpolanExecutive Vice President of Marketing ServicesMs. Lauren GlotzerChief Strategy OfficerMore ExecutivesKey CompetitorsUdemyNASDAQ:UDMYSecureWorksNASDAQ:SCWXAllientNASDAQ:ALNTNano DimensionNASDAQ:NNDMClearfieldNASDAQ:CLFDView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Sold 40,221 shares on 5/8/2024Ownership: 0.426%Entropy Technologies LPBought 11,852 shares on 5/8/2024Ownership: 0.012%Susquehanna Fundamental Investments LLCBought 343,323 shares on 5/7/2024Ownership: 0.336%Empowered Funds LLCBought 24,817 shares on 5/7/2024Ownership: 0.321%River Global Investors LLPBought 14,595 shares on 5/7/2024Ownership: 0.107%View All Insider TransactionsView All Institutional Transactions CHGG Stock Analysis - Frequently Asked Questions Should I buy or sell Chegg stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chegg in the last twelve months. There are currently 5 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "strong sell" CHGG shares. View CHGG analyst ratings or view top-rated stocks. What is Chegg's stock price target for 2024? 9 equities research analysts have issued 12 month target prices for Chegg's stock. Their CHGG share price targets range from $4.00 to $10.00. On average, they anticipate the company's share price to reach $7.31 in the next twelve months. This suggests a possible upside of 46.5% from the stock's current price. View analysts price targets for CHGG or view top-rated stocks among Wall Street analysts. How have CHGG shares performed in 2024? Chegg's stock was trading at $11.36 on January 1st, 2024. Since then, CHGG stock has decreased by 56.1% and is now trading at $4.99. View the best growth stocks for 2024 here. Are investors shorting Chegg? Chegg saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 13,610,000 shares, a decline of 13.2% from the March 15th total of 15,680,000 shares. Based on an average trading volume of 2,710,000 shares, the days-to-cover ratio is presently 5.0 days. Currently, 13.7% of the company's shares are short sold. View Chegg's Short Interest. When is Chegg's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024. View our CHGG earnings forecast. How were Chegg's earnings last quarter? Chegg, Inc. (NYSE:CHGG) issued its quarterly earnings results on Monday, February, 5th. The technology company reported $0.36 earnings per share for the quarter, meeting analysts' consensus estimates of $0.36. The technology company had revenue of $187.99 million for the quarter, compared to analysts' expectations of $185.94 million. Chegg had a trailing twelve-month return on equity of 0.87% and a net margin of 2.07%. The company's quarterly revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.16 EPS. What ETFs hold Chegg's stock? ETFs with the largest weight of Chegg (NYSE:CHGG) stock in their portfolio include Global X Education ETF (EDUT).Amplify Online Retail ETF (IBUY). What guidance has Chegg issued on next quarter's earnings? Chegg issued an update on its second quarter 2024 earnings guidance on Monday, April, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $159.0 million-$161.0 million, compared to the consensus revenue estimate of $173.6 million. What is Dan Rosensweig's approval rating as Chegg's CEO? 382 employees have rated Chegg Chief Executive Officer Dan Rosensweig on Glassdoor.com. Dan Rosensweig has an approval rating of 91% among the company's employees. This puts Dan Rosensweig in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Chegg own? Based on aggregate information from My MarketBeat watchlists, some companies that other Chegg investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Block (SQ), Tesla (TSLA), DocuSign (DOCU), Salesforce (CRM), PayPal (PYPL), Zoom Video Communications (ZM), Netflix (NFLX) and Teladoc Health (TDOC). Who are Chegg's major shareholders? Chegg's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (2.54%), Russell Investments Group Ltd. (0.43%), BNP Paribas Financial Markets (0.41%), Susquehanna Fundamental Investments LLC (0.34%), Empowered Funds LLC (0.32%) and Assenagon Asset Management S.A. (0.25%). Insiders that own company stock include Andrew J Brown, Daniel Rosensweig, Esther Lem, Nathan J Schultz, Paul Leblanc and Ted Schlein. View institutional ownership trends. How do I buy shares of Chegg? Shares of CHGG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Chegg have any subsidiaries? The following companies are subsidiares of Chegg: Campus Special, Chegg India Private Limited, Chegg M.E. Ltd, Cramster Holding Corp, Cramster Inc, Good Ascent Corporation Limited, Imagine Easy Solutions, Imagine Easy Technology Solutions GmbH, InstaEDU, Internships.com, MATH 42, Mathway, RefME, StudyBlue, Thinkful, Thinkful Inc, Thinkful SPV LLC, and WriteLab.Read More This page (NYSE:CHGG) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersThis 1 Biotech Stock has been shocking the marketsHuge Alerts1970’s computer coder Issues Shocking AI WarningInvestorPlaceThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldHe Is Giving Away BitcoinCrypto Swap ProfitsDems have chosen Biden replacement?Paradigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmithExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersRich Dad Poor Dad Author Shocks Millions With 2024 Crash WarningAmerican Hartford Gold Group Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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