0.7901 USD
+0.0100
1.28%
At close Mar 14, 4:00 PM EDT
After hours
0.7800
-0.0101
1.28%
1 day
1.28%
5 days
-9.18%
1 month
-45.88%
3 months
-65.94%
6 months
-56.35%
Year to date
-52.97%
1 year
-89.96%
5 years
-97.49%
10 years
-90.68%
 

About: Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Subscription Services, which encompasses Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through the company's websites and on mobile devices, and Skills and Other, which encompasses skills, advertising services, print textbooks, and eTextbooks offerings.

Employees: 1,271

0
Funds holding %
of 7,372 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

137% more call options, than puts

Call options by funds: $3.42M | Put options by funds: $1.44M

32% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 44

2.57% less ownership

Funds ownership: 80.0% [Q3] → 77.43% (-2.57%) [Q4]

5% less funds holding

Funds holding: 188 [Q3] → 179 (-9) [Q4]

11% less capital invested

Capital invested by funds: $147M [Q3] → $130M (-$16.5M) [Q4]

13% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 46

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$1
27%
upside
Avg. target
$1.13
42%
upside
High target
$1.25
58%
upside

2 analyst ratings

positive
0%
neutral
0%
negative
100%
Piper Sandler
Arvind Ramnani
37% 1-year accuracy
24 / 65 met price target
27%upside
$1
Underweight
Maintained
25 Feb 2025
Morgan Stanley
Josh Baer
50% 1-year accuracy
7 / 14 met price target
58%upside
$1.25
Underweight
Downgraded
14 Jan 2025

Financial journalist opinion

Based on 13 articles about CHGG published over the past 30 days

Neutral
Business Wire
4 days ago
Chegg Donates $50,000 to Stevens Institute of Technology's iSTEM and Launchpad Programs to Power Student Innovation
HOBOKEN, N.J.--(BUSINESS WIRE)--Chegg, a leading student-first online learning platform, announced today a $50,000 donation to Stevens Institute of Technology's iSTEM and Launchpad@Stevens programs from the Chegg.org Impact Fund–marking the first-ever matching gift to expand the program's impact beyond the university. "Chegg truly understands the modern student experience, and we are proud to support institutions that are reimagining curriculum to better engage and assess students,” said Nathan.
Chegg Donates $50,000 to Stevens Institute of Technology's iSTEM and Launchpad Programs to Power Student Innovation
Negative
Seeking Alpha
2 weeks ago
Chegg: Escalating Crisis Mode
Chegg, Inc. faces a crisis due to AI, with revenues down 24% YOY. The online tutoring platform has promising AI tools, but generative AI and Google AIO are reducing the need for Chegg's subscription services, impacting traffic and revenue. Chegg's financials are deteriorating, with a significant decline in subscribers and revenue, and potential cash burn if the trend continues.
Chegg: Escalating Crisis Mode
Negative
New York Post
2 weeks ago
Chegg accuses Google of using AI to crush traffic, revenue in antitrust lawsuit: ‘Harmful and unsustainable'
Chegg has filed a federal antitrust lawsuit against Google – alleging that the company's use of AI-generated summaries in search engine results has crushed its website traffic and revenue.
Chegg accuses Google of using AI to crush traffic, revenue in antitrust lawsuit: ‘Harmful and unsustainable'
Negative
CNBC Television
2 weeks ago
Chegg sues Google over AI-generated information blurbs in searches
CNBC's Andrew Ross Sorkin reports on the latest news.
Chegg sues Google over AI-generated information blurbs in searches
Negative
Proactive Investors
2 weeks ago
Chegg chugs 24% lower after revealing the impact of Google Overview
Chegg is in crisis mode. The online education platform says its website traffic has plummeted since Google launched its AI-powered Overviews tool.
Chegg chugs 24% lower after revealing the impact of Google Overview
Neutral
Seeking Alpha
2 weeks ago
Chegg, Inc. (CHGG) Q4 2024 Earnings Call Transcript
Chegg, Inc. (NYSE:CHGG ) Q4 2024 Earnings Conference Call February 24, 2025 4:30 PM ET Company Participants Tracey Ford - Investor Relations Nathan Schultz - President and Chief Executive Officer David Longo - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Ryan MacDonald - Needham & Company Bryan Smilek - JPMorgan Josh Baer - Morgan Stanley Jessica Wang - Raymond James Brent Thill - Jefferies Devin Au - KeyBanc Capital Markets Operator Greetings, and welcome to the Chegg, Inc. Fourth Quarter 2024 Earnings Conference Call. At this time all participants' are in a listen-only mode.
Chegg, Inc. (CHGG) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
2 weeks ago
Here's What Key Metrics Tell Us About Chegg (CHGG) Q4 Earnings
The headline numbers for Chegg (CHGG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Here's What Key Metrics Tell Us About Chegg (CHGG) Q4 Earnings
Negative
The Motley Fool
2 weeks ago
Chegg: Revenue Beat, Subscriber Loss
Chegg (CHGG 9.09%), a provider of educational technology and services, released its Q4 2024 earnings on Feb. 24, 2025. The report highlights a period of transition, with revenue slightly beating analyst expectations but falling short of last year's results.
Chegg: Revenue Beat, Subscriber Loss
Positive
Zacks Investment Research
2 weeks ago
Chegg (CHGG) Q4 Earnings Match Estimates
Chegg (CHGG) came out with quarterly earnings of $0.17 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.36 per share a year ago.
Chegg (CHGG) Q4 Earnings Match Estimates
Negative
TechCrunch
2 weeks ago
Chegg sues Google over AI search summaries
Edtech company Chegg has sued Google claiming that the tech giant's AI summaries of search results have hurt Chegg's traffic and revenue.
Chegg sues Google over AI search summaries
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