Chegg (CHGG) Projected to Post Quarterly Earnings on Tuesday

Key Points

• Chegg (CHGG) is set to announce its Q2 2025 earnings on August 5th, with analysts predicting a loss of ($0.23) per share and revenue of $103.13 million.
• The stock recently opened at $1.49 but has faced challenges, with a current market cap of $158.26 million and a consensus rating of "Hold" from analysts.
• Institutional investors own 95.18% of Chegg's stock, indicating significant interest from large investment firms despite the company's recent struggles.

Chegg (NYSE:CHGG - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Tuesday, August 5th. Analysts expect Chegg to post earnings of ($0.23) per share and revenue of $103.13 million for the quarter.

Chegg Stock Performance

CHGG traded down $0.04 on Friday, reaching $1.28. The company had a trading volume of 1,316,622 shares, compared to its average volume of 3,350,067. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.23 and a current ratio of 1.23. The stock has a market cap of $135.88 million, a P/E ratio of -0.15 and a beta of 1.82. Chegg has a fifty-two week low of $0.44 and a fifty-two week high of $3.08. The company's fifty day moving average is $1.35 and its 200 day moving average is $1.10.

Institutional Trading of Chegg

Institutional investors and hedge funds have recently made changes to their positions in the company. Strs Ohio bought a new stake in shares of Chegg during the 1st quarter worth approximately $56,000. Empowered Funds LLC lifted its holdings in shares of Chegg by 8.5% during the 1st quarter. Empowered Funds LLC now owns 424,563 shares of the technology company's stock worth $271,000 after acquiring an additional 33,269 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in shares of Chegg by 95.9% during the 1st quarter. AQR Capital Management LLC now owns 3,011,879 shares of the technology company's stock worth $1,925,000 after acquiring an additional 1,474,640 shares during the period. Institutional investors own 95.18% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on CHGG. Wall Street Zen began coverage on shares of Chegg in a report on Thursday, April 17th. They issued a "hold" rating for the company. Needham & Company LLC reissued a "hold" rating on shares of Chegg in a report on Monday, May 12th. Finally, JPMorgan Chase & Co. reissued an "underweight" rating on shares of Chegg in a report on Tuesday, April 8th. Three research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. Based on data from MarketBeat.com, the stock currently 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.