Chegg

CHGG · NYSE

$0.7021−$0.0179 (−2.49%)TodayMarket closed · Oct 20, 7:17 PM ET

Prev close $0.72

CHGG analyst rating

HoldConsensus of 1 analyst over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold1
Underperform0
Sell0

12-month price target · 4 analysts

Average $0.8415 (+19.9% upside)

Low: $0.6565
Now: $0.7021
High: $1.05

Upgrades and downgrades

The latest rating actions, newest first

CHGG analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Hit rate
Needham	Feb 10, 2026	Maintains	Hold	46%

The case for and against

Updated Oct 31, 2025

Bull case

Chegg Inc. is positioned for a positive financial outlook due to its projected non-GAAP cost savings, anticipating between $45 million and $55 million for fiscal year 2025 and $100 million to $110 million for fiscal year 2026, in addition to $120 million in savings from restructuring initiatives in 2025. These strategic actions are focused on optimizing operations amid evolving market dynamics, particularly with the rise of generative AI in educational tools. The company's robust restructuring efforts suggest a commitment to enhancing long-term profitability while navigating industry challenges.

Bear case

Chegg Inc. reported a substantial year-over-year revenue decline of 30.4% in the first quarter of 2025, primarily driven by a significant drop in Subscription Services revenues, which fell 30.2%. Moreover, the company's non-GAAP operating margin of -9.7% was notably worse than expectations, reflecting pressures from lower gross margins. Looking ahead, Chegg's second quarter revenue guidance of $100 million to $102 million, including Subscription revenue projections below consensus estimates, suggests continued challenges in maintaining growth.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.