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Chegg
CHGGNYSE
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Chegg (NYSE:CHGG) Stock, Analyst Ratings, Price Targets, Forecasts
Chegg Inc has a consensus price target of $10.02 based on the ratings of 16 analysts. The high is $29 issued by Citigroup on November 3, 2022. The low is $3.25 issued by Morgan Stanley on July 16, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, Craig-Hallum, and Jefferies on July 16, 2024, April 30, 2024, and April 30, 2024, respectively. With an average price target of $4.75 between Morgan Stanley, Craig-Hallum, and Jefferies, there's an implied 47.06% upside for Chegg Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
Craig-Hallum
Jefferies
Piper Sandler
JP Morgan
1calculated from analyst ratings
Analyst Ratings for Chegg
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/16/2024 | Buy Now | 0.62% | Morgan Stanley | Josh Baer | $6.5 → $3.25 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 06/18/2024 | Buy Now | — | Needham | Ryan MacDonald | — | Reiterates | → Hold | Get Alert |
| 04/30/2024 | Buy Now | 116.72% | Craig-Hallum | Alex Fuhrman | $13 → $7 | Downgrade | Buy → Hold | Get Alert |
| 04/30/2024 | Buy Now | 23.84% | Jefferies | Brent Thill | $7 → $4 | Downgrade | Hold → Underperform | Get Alert |
| 04/30/2024 | Buy Now | — | Needham | Ryan MacDonald | — | Reiterates | → Hold | Get Alert |
| 04/30/2024 | Buy Now | 85.76% | Piper Sandler | Arvind Ramnani | $8.5 → $6 | Reiterates | Underweight → Underweight | Get Alert |
| 04/29/2024 | Buy Now | 116.72% | Jefferies | Brent Thill | $10 → $7 | Maintains | Hold | Get Alert |
| 04/19/2024 | Buy Now | 116.72% | Morgan Stanley | Josh Baer | $8.5 → $7 | Maintains | Underweight | Get Alert |
| 03/11/2024 | Buy Now | 178.64% | JP Morgan | Bryan Smilek | → $9 | Assumes | → Neutral | Get Alert |
| 02/06/2024 | Buy Now | 209.6% | BMO Capital | Jeffrey Silber | $11 → $10 | Maintains | Market Perform | Get Alert |
| 02/06/2024 | Buy Now | 163.16% | Piper Sandler | Arvind Ramnani | $9 → $8.5 | Downgrade | Neutral → Underweight | Get Alert |
| 02/06/2024 | Buy Now | 178.64% | JP Morgan | Doug Anmuth | $10 → $9 | Maintains | Neutral | Get Alert |
| 02/06/2024 | Buy Now | 116.72% | Goldman Sachs | Eric Sheridan | $8 → $7 | Maintains | Sell | Get Alert |
| 01/22/2024 | Buy Now | 147.68% | Goldman Sachs | Eric Sheridan | $10 → $8 | Maintains | Sell | Get Alert |
| 01/19/2024 | Buy Now | 147.68% | Goldman Sachs | Eric Sheridan | $10 → $8 | Downgrade | Neutral → Sell | Get Alert |
| 11/20/2023 | Buy Now | 178.64% | Morgan Stanley | Josh Baer | $10 → $9 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 11/01/2023 | Buy Now | 209.6% | Goldman Sachs | Eric Sheridan | $14 → $10 | Maintains | Neutral | Get Alert |
| 10/31/2023 | Buy Now | 209.6% | JP Morgan | Doug Anmuth | $12 → $10 | Maintains | Neutral | Get Alert |
| 10/31/2023 | Buy Now | 209.6% | Goldman Sachs | Eric Sheridan | $14 → $10 | Maintains | Neutral | Get Alert |
| 10/31/2023 | Buy Now | 209.6% | BMO Capital | Jeffrey Silber | $12 → $10 | Maintains | Market Perform | Get Alert |
| 10/31/2023 | Buy Now | 178.64% | Piper Sandler | Arvind Ramnani | $13 → $9 | Maintains | Neutral | Get Alert |
| 10/23/2023 | Buy Now | 209.6% | Morgan Stanley | Josh Baer | $13 → $10 | Maintains | Equal-Weight | Get Alert |
| 10/19/2023 | Buy Now | 271.52% | JP Morgan | Doug Anmuth | $14 → $12 | Maintains | Neutral | Get Alert |
| 08/09/2023 | Buy Now | 271.52% | BMO Capital | Jeffrey Silber | $10 → $12 | Maintains | Market Perform | Get Alert |
| 08/08/2023 | Buy Now | 302.48% | Morgan Stanley | Josh Baer | $12 → $13 | Maintains | Equal-Weight | Get Alert |
| 08/08/2023 | Buy Now | 333.44% | JP Morgan | Doug Anmuth | $12 → $14 | Maintains | Neutral | Get Alert |
| 08/08/2023 | Buy Now | 302.48% | Piper Sandler | Arvind Ramnani | $11 → $13 | Maintains | Neutral | Get Alert |
| 05/03/2023 | Buy Now | 271.52% | BMO Capital | Jeffrey Silber | $20 → $12 | Maintains | Market Perform | Get Alert |
| 05/03/2023 | Buy Now | 333.44% | Goldman Sachs | Eric Sheridan | $18 → $14 | Maintains | Neutral | Get Alert |
| 05/03/2023 | Buy Now | 240.56% | B of A Securities | David Amira | $20 → $11 | Maintains | Neutral | Get Alert |
| 05/02/2023 | Buy Now | — | Barrington Research | Alexander Paris | — | Downgrade | Outperform → Market Perform | Get Alert |
| 05/02/2023 | Buy Now | 364.4% | Northland Capital Markets | Mike Grondahl | → $15 | Downgrade | Outperform → Market Perform | Get Alert |
| 05/02/2023 | Buy Now | 457.28% | Craig-Hallum | Alex Fuhrman | $25 → $18 | Maintains | Buy | Get Alert |
| 05/02/2023 | Buy Now | 271.52% | Morgan Stanley | Josh Baer | $18 → $12 | Maintains | Equal-Weight | Get Alert |
| 05/02/2023 | Buy Now | 240.56% | Jefferies | Brent Thill | $25 → $11 | Downgrade | Buy → Hold | Get Alert |
| 05/02/2023 | Buy Now | 240.56% | Piper Sandler | Arvind Ramnani | $17 → $11 | Maintains | Neutral | Get Alert |
| 04/20/2023 | Buy Now | 673.99% | Craig-Hallum | Alex Fuhrman | $20 → $25 | Upgrade | Hold → Buy | Get Alert |
| 02/08/2023 | Buy Now | 457.28% | Goldman Sachs | Eric Sheridan | $24 → $18 | Maintains | Neutral | Get Alert |
| 02/07/2023 | Buy Now | 581.11% | Barrington Research | Alexander Paris | $30 → $22 | Maintains | Outperform | Get Alert |
| 02/07/2023 | Buy Now | 643.03% | Northland Capital Markets | Mike Grondahl | $35 → $24 | Maintains | Outperform | Get Alert |
| 02/07/2023 | Buy Now | 457.28% | Morgan Stanley | Josh Baer | $31 → $18 | Maintains | Equal-Weight | Get Alert |
| 02/07/2023 | Buy Now | 488.24% | JP Morgan | Doug Anmuth | $23 → $19 | Maintains | Neutral | Get Alert |
| 02/07/2023 | Buy Now | 426.32% | Piper Sandler | Arvind Ramnani | $24 → $17 | Maintains | Neutral | Get Alert |
| 02/07/2023 | Buy Now | — | Keybanc | Jason Celino | — | Downgrade | Overweight → Sector Weight | Get Alert |
| 01/19/2023 | Buy Now | 797.83% | Keybanc | Jason Celino | → $29 | Upgrade | Sector Weight → Overweight | Get Alert |
| 01/18/2023 | Buy Now | — | Needham | Ryan MacDonald | — | Downgrade | Buy → Hold | Get Alert |
| 12/15/2022 | Buy Now | 859.75% | Morgan Stanley | Josh Baer | $24 → $31 | Maintains | Equal-Weight | Get Alert |
| 11/03/2022 | Buy Now | 704.95% | BMO Capital | Jeffrey Silber | $23 → $26 | Maintains | Market Perform | Get Alert |
| 11/03/2022 | Buy Now | 797.83% | Citigroup | Thomas Singlehurst | $25 → $29 | Maintains | Neutral | Get Alert |
| 11/02/2022 | Buy Now | 890.71% | Northland Capital Markets | Mike Grondahl | $30 → $32 | Maintains | Outperform | Get Alert |
| 11/02/2022 | Buy Now | 828.79% | Barrington Research | Alexander Paris | $25 → $30 | Maintains | Outperform | Get Alert |
| 11/02/2022 | Buy Now | 643.03% | Morgan Stanley | Josh Baer | $22 → $24 | Maintains | Equal-Weight | Get Alert |
| 11/02/2022 | Buy Now | 643.03% | Piper Sandler | Arvind Ramnani | $23 → $24 | Maintains | Neutral | Get Alert |
| 09/26/2022 | Buy Now | 766.87% | Needham | Ryan MacDonald | → $28 | Upgrade | Hold → Buy | Get Alert |
| 09/08/2022 | Buy Now | 828.79% | Northland Capital Markets | Mike Grondahl | $27 → $30 | Upgrade | Market Perform → Outperform | Get Alert |
| 07/18/2022 | Buy Now | 519.2% | Piper Sandler | Arvind Ramnani | $21 → $20 | Maintains | Neutral | Get Alert |
| 07/15/2022 | Buy Now | 519.2% | Goldman Sachs | Eric Sheridan | → $20 | Initiates | → Neutral | Get Alert |
| 06/29/2022 | Buy Now | 457.28% | JP Morgan | Doug Anmuth | $22 → $18 | Maintains | Neutral | Get Alert |
| 05/03/2022 | Buy Now | 457.28% | B of A Securities | David Amira | $45 → $18 | Downgrade | Buy → Neutral | Get Alert |
| 05/03/2022 | Buy Now | 735.91% | Northland Capital Markets | Mike Grondahl | $45 → $27 | Maintains | Market Perform | Get Alert |
| 05/03/2022 | Buy Now | 519.2% | Morgan Stanley | Josh Baer | $37 → $20 | Maintains | Equal-Weight | Get Alert |
| 05/03/2022 | Buy Now | — | William Blair | Stephen Sheldon | — | Downgrade | Outperform → Market Perform | Get Alert |
| 05/03/2022 | Buy Now | 550.15% | Piper Sandler | Arvind Ramnani | $44 → $21 | Downgrade | Overweight → Neutral | Get Alert |
| 04/12/2022 | Buy Now | — | Keybanc | Jason Celino | — | Downgrade | Overweight → Sector Weight | Get Alert |
| 02/08/2022 | Buy Now | 1045.51% | Morgan Stanley | Josh Baer | $35 → $37 | Maintains | Equal-Weight | Get Alert |
| 02/08/2022 | Buy Now | 983.59% | Craig-Hallum | Alex Fuhrman | $50 → $35 | Maintains | Hold | Get Alert |
| 02/08/2022 | Buy Now | 1262.23% | Piper Sandler | Arvind Ramnani | $43 → $44 | Maintains | Overweight | Get Alert |
| 01/27/2022 | Buy Now | 983.59% | Morgan Stanley | Josh Baer | $38 → $35 | Maintains | Equal-Weight | Get Alert |
| 01/13/2022 | Buy Now | 1231.27% | Piper Sandler | Arvind Ramnani | $54 → $43 | Upgrade | Neutral → Overweight | Get Alert |
| 01/10/2022 | Buy Now | 1262.23% | Keybanc | Jason Celino | $56 → $44 | Maintains | Overweight | Get Alert |
| 12/09/2021 | Buy Now | 1076.47% | Morgan Stanley | Josh Baer | — | Maintains | Equal-Weight | Get Alert |
| 11/02/2021 | Buy Now | 1447.99% | Craig-Hallum | Alex Fuhrman | — | Downgrade | Buy → Hold | Get Alert |
| 11/02/2021 | Buy Now | — | Needham | Ryan MacDonald | — | Downgrade | Buy → Hold | Get Alert |
| 11/02/2021 | Buy Now | 1571.83% | Piper Sandler | Arvind Ramnani | — | Downgrade | Overweight → Neutral | Get Alert |
| 11/02/2021 | Buy Now | 1540.87% | Morgan Stanley | Josh Baer | — | Downgrade | Overweight → Equal-Weight | Get Alert |
| 11/02/2021 | Buy Now | — | Raymond James | Brian Peterson | — | Downgrade | Outperform → Market Perform | Get Alert |
| 11/02/2021 | Buy Now | 1633.75% | Keybanc | Jason Celino | — | Maintains | Overweight | Get Alert |
| 10/27/2021 | Buy Now | 2624.46% | Morgan Stanley | Josh Baer | — | Maintains | Overweight | Get Alert |
| 10/07/2021 | Buy Now | 2841.18% | Keybanc | Jason Celino | — | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Chegg (CHGG) stock?
The latest price target for Chegg (NYSE:CHGG) was reported by Morgan Stanley on July 16, 2024. The analyst firm set a price target for $3.25 expecting CHGG to rise to within 12 months (a possible 0.62% upside). 27 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Chegg (CHGG)?
The latest analyst rating for Chegg (NYSE:CHGG) was provided by Morgan Stanley, and Chegg upgraded their equal-weight rating.
When was the last upgrade for Chegg (CHGG)?
The last upgrade for Chegg Inc happened on July 16, 2024 when Morgan Stanley raised their price target to $3.25. Morgan Stanley previously had an underweight for Chegg Inc.
When was the last downgrade for Chegg (CHGG)?
The last downgrade for Chegg Inc happened on April 30, 2024 when Craig-Hallum changed their price target from $13 to $7 for Chegg Inc.
When is the next analyst rating going to be posted or updated for Chegg (CHGG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Chegg, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Chegg was filed on July 16, 2024 so you should expect the next rating to be made available sometime around July 16, 2025.
Is the Analyst Rating Chegg (CHGG) correct?
While ratings are subjective and will change, the latest Chegg (CHGG) rating was a upgraded with a price target of $6.50 to $3.25. The current price Chegg (CHGG) is trading at is $3.23, which is out of the analyst’s predicted range.
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