NYSE:CHGG

Chegg Stock Forecast, Price & News

$92.20
+0.42 (+0.46 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$90.46
Now: $92.20
$92.73
50-Day Range
$81.37
MA: $89.50
$99.05
52-Week Range
$34.93
Now: $92.20
$115.21
Volume666,731 shs
Average Volume1.89 million shs
Market Capitalization$11.93 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.99
Chegg, Inc. engages in the operations of learning platform for students. It intends to empower students to take control of their education and help the students study, college admissions exams, accomplish their goals, get grades and test scores. The firm offers required and non-required scholastic materials including textbooks in any format, access to online homework help and textbook solutions, course organization and scheduling, college and university matching tools and scholarship connections. Its services include Chegg study, writing, tutors and math solver. The company was founded by Osman Rashid and Aayush Phumbhra on July 29, 2005 and is headquartered in Santa Clara, CA.
Chegg logo

Industry, Sector and Symbol

Industry Educational services
Sub-IndustryN/A
CUSIPN/A
Phone(408) 855-5700
Employees1,401
Year Founded2005

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$410.93 million
Cash Flow$0.99 per share
Book Value$4.12 per share

Profitability

Net Income$-9,600,000.00

Miscellaneous

Market Cap$11.93 billion
Next Earnings Date5/3/2021 (Confirmed)
OptionableOptionable

Headlines

3 Online Education Stocks Looking Smart
March 31, 2021 |  marketbeat.com
Chegg (NYSE:CHGG) Shares Gap Up to $89.16
April 17, 2021 |  americanbankingnews.com
Is CHGG Stock A Buy or Sell? - Yahoo Finance
April 9, 2021 |  finance.yahoo.com
Chegg to Announce First Quarter 2021 Financial Results
April 7, 2021 |  finance.yahoo.com
Is CHGG Stock A Buy or Sell?
April 7, 2021 |  finance.yahoo.com
CHGG Crosses Below Key Moving Average Level
March 31, 2021 |  nasdaq.com
Chegg Stock Appears To Be Modestly Overvalued
March 31, 2021 |  finance.yahoo.com
Chegg (NYSE:CHGG) Coverage Initiated at FBN Securities
March 30, 2021 |  americanbankingnews.com
Is It Time To Consider Buying Chegg, Inc. (NYSE:CHGG)?
March 29, 2021 |  finance.yahoo.com
Generating More Income with Chegg - Nasdaq
March 26, 2021 |  nasdaq.com
See More Headlines

MarketRank

Overall MarketRank

1.95 out of 5 stars

Computer And Technology Sector

82nd out of 1,551 stocks

Educational Services Industry

7th out of 63 stocks

Analyst Opinion: 3.3Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$92.20
+0.42 (+0.46 %)
(As of 04/16/2021 12:00 AM ET)
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Chegg (NYSE:CHGG) Frequently Asked Questions

Is Chegg a buy right now?

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.

What stocks does MarketBeat like better than Chegg?

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.

When is Chegg's next earnings date?

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

How can I listen to Chegg's earnings call?

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.

How were Chegg's earnings last quarter?

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
.

How has Chegg's stock price been impacted by COVID-19 (Coronavirus)?

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
.

What guidance has Chegg issued on next quarter's earnings?

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.

What price target have analysts set for CHGG?

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.

Who are Chegg's key executives?

Chegg's management team includes the following people:
  • Dan Rosensweig, Co-Chairman, President & Chief Executive Officer (LinkedIn Profile)
  • Andrew J. Brown, Chief Financial Officer (LinkedIn Profile)
  • Robin Tomasello, Vice President & Controller
  • Nathan Schultz, President-Learning Services (LinkedIn Profile)
  • Mitch Spolan, Executive Vice President-Marketing Services

What is Dan Rosensweig's approval rating as Chegg's CEO?

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.

Who are some of Chegg's key competitors?

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), Square (SQ), Tesla (TSLA), DocuSign (DOCU), salesforce.com (CRM), PayPal (PYPL), Zoom Video Communications (ZM), Netflix (NFLX) and Teladoc Health (TDOC).

What is Chegg's stock symbol?

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

Who are Chegg's major shareholders?

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
.

Which major investors are selling Chegg stock?

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.

Which major investors are buying Chegg stock?

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.

How do I buy shares of Chegg?

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.

What is Chegg's stock price today?

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

How much money does Chegg make?

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.

How many employees does Chegg have?

Chegg employs 1,401 workers across the globe.

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.

When was Chegg founded?

Chegg was founded in 2005.

What is Chegg's official website?

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

Where are Chegg's headquarters?

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

How can I contact Chegg?

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]


This page was last updated on 4/18/2021 by MarketBeat.com Staff
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