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Chegg

CHGGNYSE
Logo brought to you by Benzinga Data
$1.50
0.021.35%
Pre-Market: Jan 17, 7:51 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$29.00
Lowest Price Target1
$1.25
Consensus Price Target1
$7.36

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

Chegg Inc has a consensus price target of $7.36 based on the ratings of 15 analysts. The high is $29 issued by Citigroup on November 3, 2022. The low is $1.25 issued by Morgan Stanley on January 14, 2025. The 3 most-recent analyst ratings were released by Morgan Stanley, Goldman Sachs, and Piper Sandler on January 14, 2025, November 14, 2024, and November 14, 2024, respectively. With an average price target of $1.5 between Morgan Stanley, Goldman Sachs, and Piper Sandler, there's an implied 0.00% downside for Chegg Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
1
Aug 24
1
Oct 24
2
1
Nov 24
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.1
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

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

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 Needham on January 16, 2025. The analyst firm set a price target for $0.00 expecting CHGG to fall to within 12 months (a possible -100.00% downside). 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 Needham, and Chegg reiterated their hold 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 January 14, 2025 when Morgan Stanley changed their price target from $2 to $1.25 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 January 16, 2025 so you should expect the next rating to be made available sometime around January 16, 2026.

Q

Is the Analyst Rating Chegg (CHGG) correct?

A

While ratings are subjective and will change, the latest Chegg (CHGG) rating was a reiterated with a price target of $0.00 to $0.00. The current price Chegg (CHGG) is trading at is $1.50, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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