CHGG Stock - Chegg, Inc.
Unlock GoAI Insights for CHGG
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $617.57M | $716.29M | $766.90M | $776.26M | $644.34M |
| Gross Profit | $436.65M | $490.35M | $569.50M | $521.36M | $438.92M |
| Gross Margin | 70.7% | 68.5% | 74.3% | 67.2% | 68.1% |
| Operating Income | $-737,108,000 | $-67,725,000 | $8.96M | $78.11M | $56.75M |
| Net Income | $-837,068,000 | $18.18M | $266.64M | $-1,458,000 | $-6,221,000 |
| Net Margin | -135.5% | 2.5% | 34.8% | -0.2% | -1.0% |
| EPS | $-8.10 | $-0.37 | $2.09 | $-0.01 | $-0.05 |
Chegg, Inc. operates direct-to-student learning platform that supports students starting with their academic journey and extending into their careers with products and services to support and help them better understand their academic course 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, 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, and Chegg Math Solver services, which creates an integrated platform of connected academic support services; Busuu, an online language learning solution that offers a comprehensive solution through a combination of self-paced lessons, live classes with expert tutors, and the ability to learn and practice with members of the Busuu language learning community; and Thinkful, a skills-based learning platform that offers professional courses along with networking, interviewing, and career services. The company also provides other services, such as Chegg Life, Chegg Prep, and Chegg Internships; provides personal and professional development skills training; and rents and sells print textbooks and eTextbooks. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| April 8th 2025 | JP Morgan | Downgrade | Underweight | - |
| January 14th 2025 | Morgan Stanley | Downgrade | Underweight | $1.25← $2 |
| August 6th 2024 | Goldman | Upgrade | Neutral | - |
| July 16th 2024 | Morgan Stanley | Upgrade | Equal Weight | $3.25← $6.5 |
| April 30th 2024 | Craig Hallum | Downgrade | Hold | $7← $13 |
| April 30th 2024 | Jefferies | Downgrade | Underperform | $4← $7 |
| March 11th 2024 | JP Morgan | Resumed | Neutral | $9 |
| February 6th 2024 | Piper Sandler | Downgrade | Underweight | $8.5← $9 |
| January 19th 2024 | Goldman | Downgrade | Sell | $8← $10 |
| November 20th 2023 | Morgan Stanley | Downgrade | Underweight | $9← $10 |
| May 2nd 2023 | Barrington Research | Downgrade | Market Perform | - |
| May 2nd 2023 | Jefferies | Downgrade | Hold | $11← $25 |
| April 20th 2023 | Craig Hallum | Upgrade | Buy | $25← $20 |
| February 7th 2023 | KeyBanc Capital Markets | Downgrade | Sector Weight | - |
| January 19th 2023 | KeyBanc Capital Markets | Upgrade | Overweight | $29 |
Earnings History & Surprises
CHGGEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 11, 2026 | — | — | — | — |
Q1 2026 | Feb 23, 2026 | $-0.19 | — | — | — |
Q4 2025 | Nov 10, 2025 | $-0.14 | $-0.05 | +64.3% | ✓ BEAT |
Q3 2025 | Aug 5, 2025 | $-0.23 | $0.10 | +143.5% | ✓ BEAT |
Q2 2025 | May 12, 2025 | $-0.01 | $-0.06 | -500.0% | ✗ MISS |
Q1 2025 | Feb 24, 2025 | $0.17 | $0.17 | 0.0% | = MET |
Q4 2024 | Nov 12, 2024 | $0.07 | $0.09 | +28.6% | ✓ BEAT |
Q3 2024 | Aug 5, 2024 | $0.21 | $0.24 | +14.3% | ✓ BEAT |
Q2 2024 | Apr 29, 2024 | $0.24 | $0.26 | +8.3% | ✓ BEAT |
Q1 2024 | Feb 5, 2024 | $0.35 | $0.36 | +2.9% | ✓ BEAT |
Q4 2023 | Oct 30, 2023 | $0.17 | $0.18 | +5.9% | ✓ BEAT |
Q3 2023 | Aug 7, 2023 | $0.28 | $0.28 | 0.0% | = MET |
Q2 2023 | May 1, 2023 | $0.26 | $0.27 | +3.8% | ✓ BEAT |
Q1 2023 | Feb 6, 2023 | $0.39 | $0.40 | +2.6% | ✓ BEAT |
Q4 2022 | Nov 1, 2022 | $0.14 | $0.21 | +50.0% | ✓ BEAT |
Q3 2022 | Aug 4, 2022 | $0.33 | $0.37 | +12.1% | ✓ BEAT |
Q2 2022 | May 2, 2022 | $0.25 | $0.32 | +28.0% | ✓ BEAT |
Q1 2022 | Feb 7, 2022 | $0.31 | $0.38 | +22.6% | ✓ BEAT |
Q4 2021 | Nov 1, 2021 | $0.20 | $0.20 | 0.0% | = MET |
Q3 2021 | Aug 9, 2021 | $0.38 | $0.43 | +13.2% | ✓ BEAT |
Latest News
Chegg Receives Continued Listing Standard Notice From NYSE Due To Closing Share Price Being Less $1
📉 NegativeChegg shares are trading higher following a Q4 earnings beat despite soft guidance.
📈 PositiveChegg Sees Q4 Sales $70.000M-$72.000M vs $83.731M Est
📉 NegativeChegg Q3 Sales $77.742M Beat $76.203M Estimate
📈 PositiveChegg Announces Major Restructuring, Cuts 45% Of Workforce; Actions Will Materially Reduce 2026 Non-GAAP Expenses By ~$100M-$110M And Result In Expected Charges Of ~$15M-19M, Representing Mostly Cash Severance Payments
📉 NegativeChegg Announces It Will Remain An Independent Public Company And Undergo A Restructuring. Dan Rosensweig Will Return As President And CEO Effective October 27, 2025,
➖ NeutralChegg shares are trading lower after the company agreed to pay $7.5 million to settle an FTC lawsuit over its cancellation methods.
📉 NegativeChegg settles FTC 'hard to cancel' complaint
📉 NegativeChegg Agrees To Pay $7.5M To Settle FTC Lawsuit Over Cancellation Methods
📉 NegativeU.S. Federal Trade Commission Sues Educational Technology Company Chegg For Making It Difficult To Cancel Subscriptions
📉 NegativeChegg Non-GAAP EPS of $0.10 beats by $0.05, revenue of $105.1M beats by $1.97M
📈 PositiveFrequently Asked Questions about CHGG
What is CHGG's current stock price?
What is the analyst price target for CHGG?
What sector is Chegg, Inc. in?
What is CHGG's market cap?
Does CHGG pay dividends?
Similar Stocks
Consumer Defensive SectorExplore stocks similar to CHGG for comparison