Chegg Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chegg in the last year. There are currently 2 sell ratings, 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Chegg stock.
View analyst ratings for Chegg or view top-rated stocks.

Wall Street analysts have given Chegg a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Chegg wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Chegg is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Chegg.

Chegg will be holding an earnings conference call on Monday, May 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Chegg, Inc. (NYSE:CHGG) released its quarterly earnings results on Sunday, February, 7th. The technology company reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.06. The technology company had revenue of $205.70 million for the quarter, compared to analysts' expectations of $153.90 million. Chegg had a negative net margin of 4.26% and a positive trailing twelve-month return on equity of 13.35%. The firm's quarterly revenue was up 63.3% on a year-over-year basis. During the same quarter last year, the business earned $0.35 earnings per share.
View Chegg's earnings history.

Chegg's stock was trading at $36.74 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CHGG stock has increased by 151.0% and is now trading at $92.20.
View which stocks have been most impacted by COVID-19.

Chegg updated its first quarter 2021 After-Hours earnings guidance on Monday, February, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $182-185 million, compared to the consensus revenue estimate of $174.76 million.

17 brokerages have issued 1 year target prices for Chegg's stock. Their forecasts range from $55.00 to $125.00. On average, they expect Chegg's share price to reach $105.29 in the next year. This suggests a possible upside of 14.2% from the stock's current price.
View analysts' price targets for Chegg or view top-rated stocks among Wall Street analysts.

382 employees have rated Chegg CEO Dan Rosensweig on Glassdoor.com. Dan Rosensweig has an approval rating of 91% among Chegg's employees. This puts Dan Rosensweig in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Chegg include TAL Education Group (TAL), New Oriental Education & Technology Group (EDU), GSX Techedu (GSX), Grand Canyon Education (LOPE), Graham (GHC), Youdao (DAO), Laureate Education (LAUR), Strategic Education (STRA), Afya (AFYA), Adtalem Global Education (ATGE), Hailiang Education Group (HLG), Stride (LRN), Arco Platform (ARCE), Perdoceo Education (PRDO) and Vasta Platform (VSTA).
View all of CHGG's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chegg investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Square (SQ), Tesla (TSLA), DocuSign (DOCU), salesforce.com (CRM), PayPal (PYPL), Zoom Video Communications (ZM), Netflix (NFLX) and Teladoc Health (TDOC).

Chegg trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHGG."

Chegg's stock is owned by many different institutional and retail investors. Top institutional shareholders include AMI Asset Management Corp (0.17%), Cardan Capital Partners LLC (0.03%), Penbrook Management LLC (0.02%), Chicago Capital LLC (0.00%), First American Bank (0.00%) and HMS Capital Management LLC (0.00%). Company insiders that own Chegg stock include Andrew J Brown, Daniel Rosensweig, Dave Jr Borders, Esther Lem, Jenny Brandemuehl, John E York, John Paul Fillmore, Marne L Levine, Michael A Osier, Nathan J Schultz, Paul Leblanc, Richard Sarnoff and Robin Tomasello.
View institutional ownership trends for Chegg.

CHGG stock was sold by a variety of institutional investors in the last quarter, including AMI Asset Management Corp, First American Bank, HMS Capital Management LLC, GPS Wealth Strategies Group LLC, and Private Capital Group LLC. Company insiders that have sold Chegg company stock in the last year include Daniel Rosensweig, Esther Lem, John E York, John Paul Fillmore, Marne L Levine, Nathan J Schultz, Richard Sarnoff, and Robin Tomasello.
View insider buying and selling activity for Chegg or view top insider-selling stocks.

CHGG stock was acquired by a variety of institutional investors in the last quarter, including Cardan Capital Partners LLC, Chicago Capital LLC, Penbrook Management LLC, and Juncture Wealth Strategies LLC.
View insider buying and selling activity for Chegg or or view top insider-buying stocks.

Shares of CHGG 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.

One share of CHGG stock can currently be purchased for approximately $92.20.

Chegg has a market capitalization of $11.93 billion and generates $410.93 million in revenue each year. The technology company earns $-9,600,000.00 in net income (profit) each year or $0.41 on an earnings per share basis.

Chegg employs 1,401 workers across the globe.

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.

Chegg was founded in 2005.

The official website for Chegg is www.chegg.com.

Chegg is headquartered at 3990 FREEDOM CIRCLE, SANTA CLARA CA, 95054.

Chegg's mailing address is 3990 FREEDOM CIRCLE, SANTA CLARA CA, 95054. The technology company can be reached via phone at (408) 855-5700 or via email at [email protected]