NYSE:CHGG Chegg (CHGG) Stock Price, News & Analysis $3.51 -0.01 (-0.28%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$3.44▼$3.8150-Day Range$2.60▼$4.3852-Week Range$2.53▼$13.11Volume4.69 million shsAverage Volume3.45 million shsMarket Capitalization$358.79 millionP/E RatioN/ADividend YieldN/APrice Target$6.84 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Chegg alerts: Email Address Chegg MarketRank™ Stock AnalysisAnalyst RatingReduce1.56 Rating ScoreUpside/Downside95.0% Upside$6.84 Price TargetShort InterestBearish17.52% of Float Sold ShortDividend StrengthN/ASustainability-0.54Upright™ Environmental ScoreNews Sentiment0.40Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth53.57%From $0.28 to $0.43 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.4.79 out of 5 starsComputer And Technology Sector45th out of 612 stocksEducational Services Industry1st out of 21 stocks 3.8 Analyst's Opinion Consensus RatingChegg has received a consensus rating of Reduce. The company's average rating score is 1.56, and is based on no buy ratings, 5 hold ratings, and 4 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 2.0 Short Interest Percentage of Shares Shorted17.52% of the float of Chegg has been sold short.Short Interest Ratio / Days to CoverChegg has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Chegg has recently increased by 1.49%, 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 1.3 News and Social Media Coverage News SentimentChegg has a news sentiment score of 0.40. 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 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Chegg this week, compared to 6 articles on an average week.Search InterestOnly 1 people have searched for CHGG on MarketBeat in the last 30 days. This is a decrease of -91% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Chegg to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Chegg are expected to grow by 53.57% in the coming year, from $0.28 to $0.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chegg is -18.47, 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 -18.47, 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 0.59. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioChegg has a P/B Ratio of 0.43. 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 Weiss RatingsThe next companies to potentially benefit thanks to Nvidia are …Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.Click here to learn more. 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 HeadlinesJuly 25 at 3:04 AM | americanbankingnews.comChegg, Inc. (NYSE:CHGG) Receives $6.84 Consensus PT from AnalystsJuly 24 at 11:53 AM | msn.comAre Options Traders Betting on a Big Move in Chegg (CHGG) Stock?July 26, 2024 | Weiss Ratings (Ad)The next companies to potentially benefit thanks to Nvidia are …Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.July 20, 2024 | msn.comNotable analyst calls this week: Shopify, CrowdStrike and Chegg among top picksJuly 19, 2024 | villagegreennj.comColumbia High Grad Hikaru Hayakawa Named as Finalist for Global PrizeJuly 17, 2024 | americanbankingnews.comChegg (NYSE:CHGG) Upgraded by Morgan Stanley to "Equal Weight"July 16, 2024 | fool.comWhy Chegg Stock Is Soaring TodayJuly 1, 2024 | investorplace.com9 Stocks to Sell as AI Surges AheadJuly 26, 2024 | Weiss Ratings (Ad)The next companies to potentially benefit thanks to Nvidia are …Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.June 28, 2024 | fool.com3 Stocks That Could Bounce Back in the Second Half of 2024June 26, 2024 | businesswire.comChegg Selects AWS as its Preferred Cloud Provider for Next Generation, AI-Powered Student-focused Learning SolutionsJune 25, 2024 | stocknews.comChegg or Duolingo: Which EdTech Stock Is Primed for Growth?June 25, 2024 | businesswire.comChegg Expands Leadership Team with Appointment of Chief Business OfficerJune 25, 2024 | businesswire.comNexthink Solves Every Application Challenge with Nexthink AdoptJune 20, 2024 | fool.comMy Top Stock to Avoid in 2024June 18, 2024 | fool.comWhy Chegg Stock Is Up Big TodayJune 18, 2024 | investorplace.comChegg Layoffs 2024: What to Know About the Latest Chegg Job CutsJune 18, 2024 | benzinga.comWhy Chegg Shares Are Trading Higher By Around 20%; Here Are 20 Stocks Moving PremarketSee 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 Earnings4/29/2024Today7/26/2024Next Earnings (Confirmed)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Educational services Sub-IndustryPersonal Services Current SymbolNYSE:CHGG CUSIPN/A CIK1364954 Webwww.chegg.com Phone(408) 855-5700FaxN/AEmployees1,979Year Founded2005Price Target and Rating Average Stock Price Target$6.84 High Stock Price Target$10.00 Low Stock Price Target$3.25 Potential Upside/Downside+84.5%Consensus RatingReduce Rating Score (0-4)1.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($0.19) Trailing P/E RatioN/A Forward P/E Ratio13.25 P/E Growth0.59Net 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$716.29 million Price / Sales0.53 Cash Flow$1.53 per share Price / Cash Flow2.43 Book Value$8.16 per share Price / Book0.45Miscellaneous Outstanding Shares102,220,000Free Float98,742,000Market Cap$379.24 million OptionableOptionable Beta1.35 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Daniel Lee Rosensweig (Age 62)Co-Chairman, CEO & President Comp: $1.11MMr. Nathan Schultz (Age 47)Chief Operating Officer Comp: $913.2kMr. David Longo (Age 56)CFO & Treasurer 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:UDMYGaotu TecheduNYSE:GOTUUniversal Technical InstituteNYSE:UTIYoudaoNYSE:DAOLincoln Educational ServicesNASDAQ:LINCView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCBought 943,703 shares on 7/26/2024Ownership: 0.927%Bank of New York Mellon CorpBought 22,843 shares on 7/26/2024Ownership: 0.479%Penbrook Management LLCSold 22,540 shares on 7/24/2024Ownership: 0.015%Gladius Capital Management LPBought 8,461 shares on 7/19/2024Ownership: 0.008%Baader Bank AktiengesellschaftBought 570,500 shares on 7/17/2024Ownership: 0.558%View All Insider TransactionsView All Institutional Transactions CHGG Stock Analysis - Frequently Asked Questions How have CHGG shares performed this year? Chegg's stock was trading at $11.36 at the beginning of the year. Since then, CHGG stock has decreased by 69.1% and is now trading at $3.51. View the best growth stocks for 2024 here. How were Chegg's earnings last quarter? Chegg, Inc. (NYSE:CHGG) announced its quarterly earnings results on Monday, April, 29th. The technology company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $0.03. The technology company earned $174.35 million during the quarter, compared to analysts' expectations of $174.05 million. Chegg had a trailing twelve-month return on equity of 0.87% and a net margin of 2.07%. 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. Does Chegg have any subsidiaries? Chegg subsidiaries include these companies: Mathway, StudyBlue, Thinkful, WriteLab, MATH 42, RefME, Imagine Easy Solutions, and more. Who are Chegg's major shareholders? Top institutional shareholders of Chegg include Allspring Global Investments Holdings LLC (0.93%), Baader Bank Aktiengesellschaft (0.56%), Bank of New York Mellon Corp (0.48%) and Harbor Capital Advisors Inc. (0.06%). Insiders that own company stock include Nathan J Schultz, Esther Lem, Andrew J Brown, Paul Leblanc, Ted Schlein and Daniel Rosensweig. 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. What other stocks do shareholders of Chegg own? Based on aggregate information from My MarketBeat watchlists, some other companies that Chegg investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Block (SQ), Tesla (TSLA), DocuSign (DOCU), Salesforce (CRM) and PayPal (PYPL). This page (NYSE:CHGG) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. 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