Chegg/CHGG

$4.42

-3.91%
-
1D1W1MYTD1YMAX

About Chegg

Chegg, Inc. provides a student-first connected learning platform. The Company is combining generative artificial intelligence (AI) and human capabilities to provide a personalized learning assistant to be included in its Chegg Study offering. Its service and product offerings fall into two categories: Subscription Services, which encompasses its Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through its websites and on mobile devices, and Skills and Other, which encompasses its Chegg Skills, advertising services, print textbooks and eTextbooks offerings. Chegg Study subscribers have access to personalized, step-by-step learning support powered by AI, computational engines and subject matter experts. Chegg Study Pack is a premium subscription bundle that includes all of the benefits of Chegg Study, as well as Chegg Writing and Chegg Math. Chegg Skills offers programs on technical skills, including AI and data analytics.

Ticker

CHGG

Sector

Industrials

Trading on

NYSE

Industry

Business Services

CEO

Daniel Rosensweig

Employees

1,903

Headquarters

Santa clara, United States

Chegg Metrics

BasicAdvanced
$471M
Market cap
59.21
P/E ratio
$0.08
EPS
1.39
Beta
-
Dividend rate
$471M
1.38977
$13.11
$4.48
2.9M
0.922
25.213
62.314
15.288
0.71%
1.48%
0.84%
59.209
0.67
0.486
1.644
3.558
-6.54%
-95.66%
3.59%

What the Analysts think about Chegg

Analyst Ratings

Majority rating from 15 analysts.
Hold

Price Targets

Average projection from 9 analysts.
60.86% upside
High $10.00
Low $4.00
$4.42
Current price
$7.11
Average price target

Chegg Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-0.8% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$174M
-7.24%
Net income
-$1.4M
-114.58%
Profit margin
-0.8%
-115.69%

Chegg Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 4.81%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.28
$0.18
$0.36
$0.26
-
Expected
$0.29
$0.17
$0.36
$0.25
$0.23
Surprise
-2.26%
3.45%
-0.9%
4.81%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Chegg stock?

Chegg (CHGG) has a market cap of $448M as of May 20, 2024.

What is the P/E ratio for Chegg stock?

The price to earnings (P/E) ratio for Chegg (CHGG) stock is 56.25 as of May 20, 2024.

Does Chegg stock pay dividends?

No, Chegg (CHGG) stock does not pay dividends to its shareholders as of May 20, 2024.

When is the next Chegg dividend payment date?

Chegg (CHGG) stock does not pay dividends to its shareholders.

What is the beta indicator for Chegg?

Chegg (CHGG) has a beta rating of 1.38. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Chegg stock price target?

The target price for Chegg (CHGG) stock is $7.11, which is 62.33% above the current price of $4.38. This is an average based on projections from 9 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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