| High | $33.00 |
|---|---|
| Median | $20.00 |
| Low | $13.00 |
| Average | $22.00 |
| Current Price | $21.11 |
Is Chegg (chgg) stock a buy or sell?
According to the issued ratings of 13 analysts in the last year, the consensus rating for Chegg stock is Hold based on the current 8 hold ratings and 5 buy ratings for CHGG. The average twelve-month price target for Chegg is $69.62 with a high price target of $120.00 and a low price target of $35.00.
What is Chegg's Wall Street analysts'price target?
The average twelve-month price target for Chegg is $69.62 with a high price target of $120.00 and a low price target of $35.00. Learn more on CHGG's analyst rating history. Do Wall Street analysts like Chegg more than its competitors? Analysts like Chegg stock less than the stock of other Computer and Technology companies.
What is the consensus rating for Chegg stock?
According to the issued ratings of 13 analysts in the last year, the consensus rating for Chegg stock is Hold based on the current 8 hold ratings and 5 buy ratings for CHGG. The average twelve-month price target for Chegg is $69.62 with a high price target of $120.00 and a low price target of $35.00. Learn more on CHGG's analyst rating history.
What is Chegg's ticker symbol?
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?
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Is CHGG a Buy or Sell?
The 12 analysts offering 12-month price forecasts for Chegg Inc have a median target of 20.00, with a high estimate of 33.00 and a low estimate of 13.00. The median estimate represents a +2.09% increase from the last price of 19.59.
Is CHGG a good investment?
Chegg has predicted a gain in revenue of 7% to 9% for 2022, with profit margins improving from ongoing products and services. Investment in a language platform known as Busuu, a platform for language learning, however, might bolster Chegg's market growth.
What is CHGG?
Chegg Inc (NYSE:CHGG) operates a 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.
Who owns Chegg stock?
Top 10 Owners of Chegg IncStockholderStakeShares ownedThe Vanguard Group, Inc.9.13%11,496,317Artisan Partners LP4.84%6,095,631Wellington Management Co. LLP4.06%5,115,422Weatherbie Capital LLC4.02%5,061,9286 more rows
Is CHGG a buy Zacks?
The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Does Chegg have a future?
Chegg is a market leader in the education space and has a strong position going forward, while being fairly valued. It therefore creates a buying opportunity for long-term investors. The share price has a clear path to 12 times 2020 sales, putting it at $51.50 per share.
What sector is CHGG in?
Consumer DiscretionaryKey DataLabelValueSectorConsumer DiscretionaryIndustryService to the Health Industry1 Year Target$21.50Today's High/Low$19.47/$18.5014 more rows
Who are Chegg competitors?
Chegg competitors include Course Hero, Varsity Tutors, Khan and Quizlet. Chegg ranks 1st in CEO Score on Comparably vs its competitors.
Why is Chegg so low?
“In late September it became clear to us that the education industry is experiencing a slowdown that we believe is temporary and is a direct result of the Covid-19 pandemic,” Chegg CEO Dan Rosensweig said in a statement. “Despite these trends, our team continues to execute at a high level.
How does chegg make money?
Our total net revenues are comprised of two revenue streams: (1) Chegg Services revenues, which includes Chegg Study, Chegg Writing, Chegg Tutors, Brand Partnership , Test Prep and Internships; and (2) Required Materials revenues, which includes commissions from Ingram and other partners, on the rental and sale of ...
Is Chegg illegal?
Chegg Appears to be Operating Illegally Based on our analysis, it appears that Chegg is operating illegally in 17 states. Distributing any post-secondary assignment for a profit with reasonable knowledge that it will be submitted by another person for academic credit is a CRIME in many US states.
Can you get caught cheating on Chegg?
According to Chegg's Honor Code, one can easily get caught cheating on exams under the Honor Code Investigation requested by their lecturer. Chegg will readily provide lecturers with key information like your IP and email address, time of question posted, and more to pinpoint your identity.
Is Chegg undervalued?
Chegg Stock Is Undervalued On the heels of its recent selloff, Chegg's shares are now attractively undervalued relative to the company's long-term growth potential.
Why is chegg stock falling?
Chegg warns that demand for education services may take a hit amid faster inflation. Shares of Chegg plummeted Tuesday, the morning after the education services provider cut its outlook. Dan Rosensweig, chief executive of Chegg (ticker: CHGG), warned that enrollment in courses is set to take a hit.
How many subscribers does chegg have?
7.8 million: number of Chegg Services subscribers, an increase of 18% year-over-year.
What is Chegg's consensus rating and price target?
According to the issued ratings of 13 analysts in the last year, the consensus rating for Chegg stock is Hold based on the current 11 hold ratings...
Do Wall Street analysts like Chegg more than its competitors?
Analysts like Chegg stock less than the stock of other Computer and Technology companies. The consensus rating for Chegg is Hold while the average...
Do MarketBeat users like Chegg more than its competitors?
MarketBeat users like Chegg stock more than the stock of other Computer and Technology companies. 71.31% of MarketBeat users gave Chegg an outperfo...
Is Chegg being downgraded by Wall Street analysts?
Over the previous 90 days, Chegg's stock had 4 downgrades by analysts.
Does Chegg's stock price have much upside?
According to analysts, Chegg's stock has a predicted upside of 6.66% based on their 12-month price targets.
What analysts cover Chegg?
Chegg has been rated by Bank of America , Barrington Research , BMO Capital Markets , Craig Hallum , KeyCorp , Morgan Stanley , Northland Se...
Should I buy or sell Chegg stock right now?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chegg in the last year. There are currently 11 hold ratings and 2 buy rat...
What is Chegg's stock price forecast for 2022?
13 brokers have issued 12 month price targets for Chegg's shares. Their forecasts range from $18.00 to $120.00. On average, they expect Chegg's sto...
How has Chegg's stock price performed in 2022?
Chegg's stock was trading at $30.70 on January 1st, 2022. Since then, CHGG stock has decreased by 35.7% and is now trading at $19.74. View the bes...
Are investors shorting Chegg?
Chegg saw a decrease in short interest in April. As of April 30th, there was short interest totaling 5,640,000 shares, a decrease of 15.8% from the...
When is Chegg's next earnings date?
Chegg is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022. View our earnings forecast for Chegg .
How were Chegg's earnings last quarter?
Chegg, Inc. (NYSE:CHGG) issued its quarterly earnings data on Monday, May, 2nd. The technology company reported $0.10 earnings per share (EPS) for...
What guidance has Chegg issued on next quarter's earnings?
Chegg updated its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of for the period. The company issue...
Who are Chegg's key executives?
Chegg's management team includes the following people: Mr. Daniel Lee Rosensweig , Co-Chairman, CEO & Pres (Age 60, Pay $1.01M) Mr. Andrew J. Br...
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 pu...
What is Chegg's FY 2021 earnings?
When is Chegg earnings call?
The company provided 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.
Component Grades
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".
The Trend in the Analyst Price Target
We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now.
The Trend in the Broker Recommendations
CHGG's average price target has moved down $44.5 over the prior 18 months.
What is a chegg?
CHGG's average broker recommendation rating worsened by 0.6 over the prior 15 months.
When will Chegg announce results for the second quarter of 2021?
Similar to a company like Netflix (NASDAQ: NFLX), it is Chegg's content that attracts customers and keeps them as customers. Just so we're clear, Chegg's content is a lot different from Netflix's. As part of a subscription to Chegg, students get the right to ask 20 questions per month regarding the online tutorials it produces and those questions get answered by subject matter experts.
What is uversity chegg?
(NYSE: CHGG), a Smarter Way to Student®, today announced that it is scheduled to release its earnings results for the second quarter of 2021 which ended June 30, 2021 on Monday, August 9, 2021, after the market close.
Stock Price Forecast
Chegg announces "Uversity": A Creator Community for Educators. Today, Chegg, Inc. (NYSE: CHGG) announced Uversity: a platform for educators and faculty to share their education content with millions of learners on Chegg to help support their studies and enhance learner outcomes.
Analyst Recommendations
The 12 analysts offering 12-month price forecasts for Chegg Inc have a median target of 40.00, with a high estimate of 55.00 and a low estimate of 33.00. The median estimate represents a +42.65% increase from the last price of 28.04.
