Chegg Stock Price, News & Analysis (NYSE:CHGG) $10.46 +0.46 (+4.60%) (As of 01:27 PM ET) Add Compare Share Share Today's Range$10.14▼$10.6450-Day Range$7.50▼$10.4952-Week Range$7.32▼$28.99Volume889,339 shsAverage Volume3.27 million shsMarket Capitalization$1.21 billionP/E RatioN/ADividend YieldN/APrice Target$14.82 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Chegg MarketRank™ Stock AnalysisAnalyst RatingHold2.09 Rating ScoreUpside/Downside41.8% Upside$14.82 Price TargetShort InterestBearish17.08% of Float Sold ShortDividend StrengthN/ASustainability-0.54Upright™ Environmental ScoreNews Sentiment-0.55Based on 4 Articles This WeekInsider TradingSelling Shares$191,493 Sold Last QuarterProj. Earnings Growth-13.33%From $0.30 to $0.26 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.20 out of 5 starsComputer And Technology Sector254th out of 590 stocksEducational Services Industry9th out of 24 stocks 4.0 Analyst's Opinion Consensus RatingChegg has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 2 buy ratings, 8 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.82, Chegg has a forecasted upside of 41.8% from its current price of $10.45.Amount of Analyst CoverageChegg has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted17.08% of the float of Chegg has been sold short.Short Interest Ratio / Days to CoverChegg has a short interest ratio ("days to cover") of 8.2.Change versus previous monthShort interest in Chegg has recently increased by 150.07%, indicating that investor sentiment is decreasing significantly. 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 1.9 News and Social Media Coverage News SentimentChegg has a news sentiment score of -0.55. 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 0.46 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Chegg this week, compared to 5 articles on an average week.Search Interest5 people have searched for CHGG on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows6 people have added Chegg to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chegg insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $191,493.00 in company stock.Percentage Held by InsidersOnly 2.60% of the stock of Chegg is held by insiders.Percentage Held by Institutions97.15% of the stock of Chegg is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Chegg are expected to decrease by -13.33% in the coming year, from $0.30 to $0.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chegg is -43.54, 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 -43.54, 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 2.80. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioChegg has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Chegg Stock (NYSE:CHGG)Chegg, Inc. operates direct-to-student learning platform that supports students starting with their academic journey and extending into their careers with products and services to support learner with their academic course materials. The company offers Chegg Services, which include subscription services; and skills and other, including skills, advertising services, print textbooks, and eTextbooks. Its subscription services include Chegg Study, which helps students master challenging concepts on their own; 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 Chegg Services product offerings, including Chegg Study, Chegg Writing, and Chegg Math services, which creates an integrated platform of connected academic support services; and Busuu, an online language learning solution that offers a comprehensive solution through a combination of self-paced lessons, live classes with expert tutors, and the ability to learn and practice with members of the Busuu language learning community. The company also provides skills-based learning platform that offers professional courses along with networking, interviewing, and career services; and rents and sells print textbooks and eTextbooks. 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 HeadlinesDecember 3, 2023 | finance.yahoo.com20 Least Educated Cities in AmericaNovember 30, 2023 | benzinga.comChegg Stock (NYSE:CHGG) Dividends: History, Yield and DatesDecember 6, 2023 | Financial Alphas (Ad)Lithium Discovery So BIG You Can't Miss it, Even From SpaceWith the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!November 28, 2023 | finance.yahoo.com20 Non-English-Speaking-Countries That Speak the Best EnglishNovember 26, 2023 | americanbankingnews.comChegg (NYSE:CHGG) Shares Down 2.2% November 21, 2023 | msn.comMorgan Stanley Downgrades Chegg (CHGG)November 20, 2023 | msn.comChegg (NYSE:CHGG) Slides after Morgan Stanley Analyst DowngradeNovember 20, 2023 | finance.yahoo.comArm coverage, Chegg downgrade: Trending TickersDecember 6, 2023 | Financial Alphas (Ad)Lithium Discovery So BIG You Can't Miss it, Even From SpaceWith the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!November 20, 2023 | au.investing.comChegg falls 6% as Morgan Stanley downgrades on continued AI risksNovember 20, 2023 | msn.comBiggest stock movers today: Bristol Myers Squibb, NuScale Power, Chegg and moreNovember 20, 2023 | cnbc.comStocks making the biggest moves midday: Microsoft, Chegg, Zoom Video, Paramount and moreNovember 20, 2023 | markets.businessinsider.comChegg Shares Dip On Analyst Warnings About Subscriber Numbers, Rising CompetitionNovember 20, 2023 | theglobeandmail.comWhy Chegg (CHGG) Shares Are Plunging TodayNovember 20, 2023 | msn.comBiggest stock movers today: NuScale Power, Chegg and moreNovember 20, 2023 | msn.comChegg drops after Morgan Stanley issues bear callNovember 20, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for CheggNovember 20, 2023 | finance.yahoo.comUserWay Expands Executive Leadership with Key Appointments in Product and CommunicationsNovember 18, 2023 | finance.yahoo.comInvesting Lesson: Value DriversNovember 15, 2023 | finance.yahoo.comChegg Stock Spikes on Acceleratred Buyback PlanNovember 15, 2023 | finance.yahoo.comChegg Shares Spike on Acceleratred Buyback PlanNovember 15, 2023 | markets.businessinsider.comChegg Adds 13% On Share Buyback NewsNovember 15, 2023 | msn.comChegg Stock Is Moving Higher Wednesday: What's Going On?November 15, 2023 | markets.businessinsider.comChegg Announces $150 Mln Accelerated Share Repurchase; Stock Up In Pre-marketNovember 15, 2023 | msn.comChegg announces $150M accelerated share repurchase agreementNovember 8, 2023 | finance.yahoo.comOver Half (55%) of Undergraduate Students Worldwide Want Involvement of Human Expertise in GenAI, According to New Global SurveyNovember 6, 2023 | finance.yahoo.com12 Best Programming Languages for High School StudentsSee 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 Earnings10/30/2023Today12/06/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/05/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Educational services Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:CHGG CUSIPN/A CIK1364954 Webwww.chegg.com Phone(408) 855-5700FaxN/AEmployees1,953Year Founded2005Price Target and Rating Average Stock Price Target$14.82 High Stock Price Target$29.00 Low Stock Price Target$9.00 Potential Upside/Downside+41.8%Consensus RatingHold Rating Score (0-4)2.09 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($0.24) Trailing P/E RatioN/A Forward P/E Ratio34.83 P/E Growth2.8Net Income$266.64 million Net Margins1.41% Pretax Margin4.73% Return on Equity2.02% Return on Assets0.98% Debt Debt-to-Equity Ratio0.58 Current Ratio2.31 Quick Ratio2.31 Sales & Book Value Annual Sales$766.90 million Price / Sales1.58 Cash Flow$1.32 per share Price / Cash Flow7.89 Book Value$8.90 per share Price / Book1.17Miscellaneous Outstanding Shares115,820,000Free Float112,804,000Market Cap$1.21 billion OptionableOptionable Beta1.28 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Daniel Lee Rosensweig (Age 61)Co-Chairman, CEO & President Comp: $1.09MMr. Andrew J. Brown (Age 63)Chief Financial Officer Comp: $818.45kMr. Nathan Schultz (Age 46)Chief Operating Officer Comp: $834.08kMs. Esther Lem (Age 67)Chief Marketing Officer Comp: $603.45kMr. David LongoVP, Chief Accounting Officer, Corporate Controller & Assistant TreasurerMs. Tracey FordVice President of Investor RelationsMr. Woodie Dixon Jr.General Counsel & Corporate SecretaryMs. Heather Hatlo PorterChief Communications OfficerMs. Debra ThompsonChief People OfficerMr. Mitch SpolanExecutive Vice President of Marketing ServicesMore ExecutivesKey CompetitorsArco PlatformNASDAQ:ARCEUdemyNASDAQ:UDMYE2open ParentNYSE:ETWOPDF SolutionsNASDAQ:PDFSHarmonicNASDAQ:HLITView All CompetitorsInsiders & InstitutionsNathan J SchultzSold 630 sharesTotal: $6,381.90 ($10.13/share)Wellington Management Group LLPSold 21,817 shares on 12/1/2023Ownership: 0.080%American Century Companies Inc.Bought 5,786 shares on 11/30/2023Ownership: 0.018%Andrew J BrownSold 16,921 sharesTotal: $169,548.42 ($10.02/share)Deutsche Bank AGSold 3,273,140 shares on 11/24/2023Ownership: 0.120%View All Insider TransactionsView All Institutional Transactions CHGG Stock Analysis - Frequently Asked Questions Should I buy or sell Chegg stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chegg in the last year. There are currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CHGG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHGG, but not buy additional shares or sell existing shares. View CHGG analyst ratings or view top-rated stocks. What is Chegg's stock price target for 2024? 11 Wall Street research analysts have issued twelve-month price objectives for Chegg's stock. Their CHGG share price targets range from $9.00 to $29.00. On average, they anticipate the company's share price to reach $14.82 in the next year. This suggests a possible upside of 41.8% from the stock's current price. View analysts price targets for CHGG or view top-rated stocks among Wall Street analysts. How have CHGG shares performed in 2023? Chegg's stock was trading at $25.27 on January 1st, 2023. Since then, CHGG stock has decreased by 58.6% and is now trading at $10.45. View the best growth stocks for 2023 here. Are investors shorting Chegg? Chegg saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 19,080,000 shares, an increase of 150.1% from the October 31st total of 7,630,000 shares. Based on an average daily volume of 2,340,000 shares, the days-to-cover ratio is presently 8.2 days. Currently, 17.1% of the company's shares are sold short. View Chegg's Short Interest. When is Chegg's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 5th 2024. View our CHGG earnings forecast. How were Chegg's earnings last quarter? Chegg, Inc. (NYSE:CHGG) issued its quarterly earnings data on Monday, October, 30th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.06. The technology company had revenue of $157.85 million for the quarter, compared to the consensus estimate of $152.03 million. Chegg had a trailing twelve-month return on equity of 2.02% and a net margin of 1.41%. What ETFs hold Chegg's stock? ETFs with the largest weight of Chegg (NYSE:CHGG) stock in their portfolio include Amplify Online Retail ETF (IBUY), Global X Education ETF (EDUT), Harbor Corporate Culture Small Cap ETF (HAPS), iShares Virtual Work and Life Multisector ETF (IWFH) and First Trust Small Cap Value AlphaDEX Fund (FYT).First Trust Small Cap Core AlphaDEX Fund (FYX). 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. What other stocks do shareholders of Chegg own? Based on aggregate information from My MarketBeat watchlists, some companies that other Chegg investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Block (SQ), Tesla (TSLA), DocuSign (DOCU), Salesforce (CRM), PayPal (PYPL), Zoom Video Communications (ZM), Netflix (NFLX) and Teladoc Health (TDOC). Who are Chegg's major shareholders? Chegg's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (8.56%), Sands Capital Management LLC (4.13%), Jacobs Levy Equity Management Inc. (2.30%), Northern Trust Corp (1.09%), Charles Schwab Investment Management Inc. (0.78%) and AQR Capital Management LLC (0.60%). Insiders that own company stock include Andrew J Brown, Daniel Rosensweig, Esther Lem, John Paul Fillmore, Nathan J Schultz, Paul Leblanc and Ted Schlein. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. Does Chegg have any subsidiaries? The following companies are subsidiares of Chegg: Campus Special, Chegg India Private Limited, Chegg M.E. Ltd, Cramster Holding Corp, Cramster Inc, Good Ascent Corporation Limited, Imagine Easy Solutions, Imagine Easy Technology Solutions GmbH, InstaEDU, Internships.com, MATH 42, Mathway, RefME, StudyBlue, Thinkful, Thinkful Inc, Thinkful SPV LLC, and WriteLab.Read More This page (NYSE:CHGG) was last updated on 12/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Chegg, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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