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Chegg

CHGGNYSE
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$1.70
-0.03-1.73%
Pre-Market: 4:01 AM EDT
Q3 2024 Earnings were released on Tue Nov 12th, after the market close
The most recent conference call was at 16:30 PM, 7 days ago Click to view past webcast
Consensus Rating1
Neutral
Highest Price Target1
$29.00
Lowest Price Target1
$1.50
Consensus Price Target1
$7.52

Chegg (NYSE:CHGG) Stock, Analyst Ratings, Price Targets, Forecasts

Chegg Inc has a consensus price target of $7.52 based on the ratings of 15 analysts. The high is $29 issued by Citigroup on November 3, 2022. The low is $1.5 issued by Piper Sandler on November 14, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Piper Sandler, and Craig-Hallum on November 14, 2024, November 14, 2024, and November 13, 2024, respectively. With an average price target of $1.58 between Goldman Sachs, Piper Sandler, and Craig-Hallum, there's an implied -6.86% downside for Chegg Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Jun
1
Jul
3
1
Aug
1
Oct
2
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.9
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs
Piper Sandler
Craig-Hallum
Northland Capital Markets
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Chegg

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Chegg (CHGG) stock?

A

The latest price target for Chegg (NYSE:CHGG) was reported by Goldman Sachs on November 14, 2024. The analyst firm set a price target for $1.75 expecting CHGG to rise to within 12 months (a possible 2.94% upside). 28 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Chegg (CHGG)?

A

The latest analyst rating for Chegg (NYSE:CHGG) was provided by Goldman Sachs, and Chegg maintained their neutral rating.

Q

When was the last upgrade for Chegg (CHGG)?

A

The last upgrade for Chegg Inc happened on August 6, 2024 when Goldman Sachs raised their price target to $3.75. Goldman Sachs previously had a sell for Chegg Inc.

Q

When was the last downgrade for Chegg (CHGG)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Chegg (CHGG)?

A

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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.

Q

Is the Analyst Rating Chegg (CHGG) correct?

A

While ratings are subjective and will change, the latest Chegg (CHGG) rating was a maintained with a price target of $3.75 to $1.75. The current price Chegg (CHGG) is trading at is $1.70, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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