Chegg (CHGG) Expected to Announce Earnings on Monday

Chegg (NYSE:CHGG - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Monday, May 12th. Analysts expect Chegg to post earnings of $0.01 per share and revenue of $114.77 million for the quarter.

Chegg Stock Up 10.8 %

Shares of Chegg stock traded up $0.08 on Friday, reaching $0.80. 1,998,117 shares of the company were exchanged, compared to its average volume of 3,659,349. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.91 and a quick ratio of 0.91. The stock's 50 day moving average price is $0.66 and its 200-day moving average price is $1.35. The company has a market cap of $84.53 million, a P/E ratio of -0.10 and a beta of 1.75. Chegg has a 1-year low of $0.44 and a 1-year high of $5.03.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Needham & Company LLC reaffirmed a "hold" rating on shares of Chegg in a research report on Tuesday, February 25th. JPMorgan Chase & Co. restated an "underweight" rating on shares of Chegg in a report on Tuesday, April 8th. StockNews.com started coverage on Chegg in a research note on Thursday, April 17th. They set a "hold" rating on the stock. Piper Sandler reduced their price target on Chegg from $1.50 to $1.00 and set an "underweight" rating for the company in a research report on Tuesday, February 25th. Finally, Morgan Stanley reiterated an "underweight" rating and issued a $1.25 target price (down from $2.00) on shares of Chegg in a report on Tuesday, January 14th. Three research analysts have rated the stock with a sell rating and five have given a hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $1.70.

About Chegg

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.