NYSE:CHGG

Chegg Stock Forecast, Price & News

$88.63
-1.27 (-1.41 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$88.26
$90.29
50-Day Range
$72.78
$89.90
52-Week Range
$62.84
$115.21
Volume982,007 shs
Average Volume1.62 million shs
Market Capitalization$12.58 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.84
30 days | 90 days | 365 days | Advanced Chart
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About Chegg

Chegg, Inc. operates direct-to-student learning platform that supports students on their journey from high school to college and into their career with tools designed to help them to learn their course materials, succeed in their classes, and save money on required materials. The company offers Chegg Services, which include subscription services; and required materials that comprise its 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 solver, 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, Chegg Math Solver, video content, and practice quizzes, which creates an integrated platform of connected academic support services; and Thinkful, a skills-based learning platform that offers professional courses in the areas of software engineering, UX/UI design, digital marketing, data science, product management, data analytics, product design, and technical project management directly to students. The company also provides other services, such as Chegg Prep and internships; and rents and sells print textbooks and eTextbooks. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.

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MarketRank

Overall MarketRank

1.91 out of 5 stars

Computer And Technology Sector

298th out of 1,650 stocks

Educational Services Industry

18th out of 68 stocks

Analyst Opinion: 2.3Community Rank: 3.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Chegg (NYSE:CHGG) Frequently Asked Questions

Is Chegg a buy right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chegg in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Chegg wasn't one of them. MarketBeat thinks these five companies 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, August 9th 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, August 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13721450".

How were Chegg's earnings last quarter?

Chegg, Inc. (NYSE:CHGG) announced its quarterly earnings results on Sunday, May, 2nd. The technology company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by $0.02. The technology company earned $198.40 million during the quarter, compared to analyst estimates of $184.59 million. Chegg had a positive trailing twelve-month return on equity of 14.04% and a negative net margin of 9.24%. Chegg's revenue for the quarter was up 50.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.22 earnings per share.
View Chegg's earnings history
.

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

Chegg's stock was trading at $36.74 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CHGG stock has increased by 141.2% and is now trading at $88.63.
View which stocks have been most impacted by COVID-19
.

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

Chegg updated its FY 2021 earnings guidance on Monday, May, 17th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $790 million-$800 million, compared to the consensus revenue estimate of $790.46 million.

What price target have analysts set for CHGG?

17 analysts have issued 12-month price objectives for Chegg's stock. Their forecasts range from $55.00 to $125.00. On average, they expect Chegg's share price to reach $103.24 in the next twelve months. This suggests a possible upside of 16.5% 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:
  • Mr. Daniel Lee Rosensweig, Co-Chairman, CEO & Pres (Age 59, Pay $1.01M)
  • Mr. Andrew J. Brown, Chief Financial Officer (Age 61, Pay $658.58k)
  • Ms. Esther Lem, Chief Marketing Officer (Age 65, Pay $521.08k)
  • Mr. Nathan Schultz, Pres of Learning Services (Age 44, Pay $656.96k)
  • Mr. John Paul Fillmore, Pres of Chegg Skills (Age 41, Pay $556.96k)
  • Ms. Robin Tomasello, Principal Accounting Officer, VP & Controller (Age 50)
  • Ms. Tracey Ford, VP of Investor Relations
  • Mr. Woodie Dixon Jr., Gen. Counsel & Corp. Sec.
  • Ms. Heather Hatlo Porter, Chief Communications Officer
  • Ms. Debra Thompson, Chief People Officer

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 investors include Emerald Advisers LLC (0.39%), Bordeaux Wealth Advisors LLC (0.03%), Brown Advisory Securities LLC (0.01%) and Vivid Financial Management Inc. (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 Emerald Advisers LLC, Bordeaux Wealth Advisors LLC, and Vivid Financial Management Inc.. Company insiders that have sold Chegg company stock in the last year include Daniel Rosensweig, Esther Lem, John E York, John Paul Fillmore, Nathan J Schultz, 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 Brown Advisory Securities 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 $88.63.

How much money does Chegg make?

Chegg has a market capitalization of $12.58 billion and generates $644.34 million in revenue each year. The technology company earns $-6,220,000.00 in net income (profit) each year or $0.76 on an earnings per share basis.

How many employees does Chegg have?

Chegg employs 1,941 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 7/30/2021 by MarketBeat.com Staff
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