Chegg (CHGG) Set to Release Quarterly Earnings on Tuesday

Key Points

• Chegg is expected to report Q3 2026 results before market open on Tuesday, November 3. Analysts anticipate a loss of $0.07 per share and revenue of $43.52 million.
• In its latest quarter, Chegg reported a loss of $0.02 per share, beating estimates of a $0.05 loss, while revenue of $51.85 million exceeded expectations.
• Investor sentiment remains weak: Chegg shares recently traded near $0.72, and analysts’ consensus rating is “Reduce,” with two Hold ratings and one Sell rating.

Chegg (NYSE:CHGG - Get Free Report) is expected to announce its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect the company to post earnings of ($0.07) per share and revenue of $43.52 million for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 8:30 AM ET.

Chegg (NYSE:CHGG - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.03. Chegg had a negative net margin of 19.96% and a negative return on equity of 13.38%. The firm had revenue of $51.85 million for the quarter, compared to the consensus estimate of $49.50 million. On average, analysts expect Chegg to post ($0.22) EPS for the current fiscal year and ($0.22) EPS for the next fiscal year.

Chegg Stock Performance

Shares of CHGG traded up $0.00 during mid-day trading on Tuesday, hitting $0.72. 91,391 shares of the company traded hands, compared to its average volume of 1,386,974. The stock has a 50-day moving average price of $0.75 and a two-hundred day moving average price of $0.86. Chegg has a 1 year low of $0.45 and a 1 year high of $1.56. The stock has a market cap of $79.94 million, a price-to-earnings ratio of -1.47 and a beta of 2.16.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on CHGG shares. Weiss Ratings restated a "sell (d-)" rating on shares of Chegg in a report on Friday, September 18th. Zacks Research lowered shares of Chegg from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 6th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Reduce".

Insider Transactions at Chegg

In other Chegg news, Director Renee Budig sold 54,347 shares of the business's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $0.78, for a total transaction of $42,390.66. Following the completion of the sale, the director directly owned 376,311 shares in the company, valued at $293,522.58. The trade was a 12.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.00% of the company's stock.

Chegg Company Profile

Chegg, Inc is an education technology company that provides digital learning tools and academic support services to students. Its platform offers study assistance, expert answers, practice materials, writing support, and other resources intended to help students understand course content and complete academic work.

The company's products have included Chegg Study, Chegg Writing, and Mathway, a mobile mathematics problem-solving service. Chegg has also offered language-learning services through Busuu, which it acquired in 2022.

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