NYSE:CHGG

Chegg Stock Forecast, Price & News

$73.58
-0.89 (-1.20 %)
(As of 09/22/2021 04:00 PM ET)
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Today's Range
$73.02
$74.91
50-Day Range
$73.58
$89.90
52-Week Range
$64.80
$115.21
Volume881,770 shs
Average Volume1.56 million shs
Market Capitalization$10.65 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.85
30 days | 90 days | 365 days | Advanced Chart
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Chegg logo

About Chegg

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.

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MarketRank

Overall MarketRank

2.35 out of 5 stars

Computer And Technology Sector

200th out of 858 stocks

Educational Services Industry

7th out of 50 stocks

Analyst Opinion: 3.3Community Rank: 4.9Dividend 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 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 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, October 25th 2021.
View our earnings forecast for Chegg
.

How were Chegg's earnings last quarter?

Chegg, Inc. (NYSE:CHGG) posted its earnings results on Sunday, August, 8th. The technology company reported $0.43 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.06. The technology company had revenue of $198.48 million for the quarter, compared to the consensus estimate of $190.11 million. Chegg had a negative net margin of 5.75% and a positive trailing twelve-month return on equity of 12.35%. The company's revenue for the quarter was up 29.7% on a year-over-year basis. During the same period last year, the business earned $0.37 earnings per share.
View Chegg's earnings history
.

How has Chegg's stock price been impacted by Coronavirus?

Chegg's stock was trading at $36.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CHGG shares have increased by 100.3% and is now trading at $73.58.
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, September, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $805 million-$815 million, compared to the consensus revenue estimate of $797.21 million.

What price target have analysts set for CHGG?

17 brokers have issued 1-year target prices for Chegg's shares. Their forecasts range from $55.00 to $125.00. On average, they anticipate Chegg's share price to reach $103.24 in the next year. This suggests a possible upside of 40.3% 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
  • Andrew J. Brown, Chief Financial Officer
  • Robin Tomasello, Vice President & Controller
  • Nathan Schultz, President-Learning Services
  • 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 investors include Baillie Gifford & Co. (13.10%), Vanguard Group Inc. (8.45%), Artisan Partners Limited Partnership (5.65%), Alliancebernstein L.P. (4.03%), Clearbridge Investments LLC (1.72%) and Neuberger Berman Group LLC (1.61%). Company insiders that own Chegg stock include Andrew J Brown, Daniel Rosensweig, Dave Jr Borders, Esther Lem, 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 Paloma Partners Management Co, Putnam Investments LLC, Nicholas Investment Partners LP, AGF Investments Inc., Sylebra Capital Ltd, Lord Abbett & CO. LLC, PEAK6 Investments LLC, and First Trust Advisors LP. 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 bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Baillie Gifford & Co., Amundi, Natixis, Neuberger Berman Group LLC, Hitchwood Capital Management LP, Franklin Resources Inc., and Marshall Wace LLP.
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 $73.58.

How much money does Chegg make?

Chegg has a market capitalization of $10.65 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 9/22/2021 by MarketBeat.com Staff
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