Chegg (CHGG) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

CHGG Stock Forecast


Chegg (CHGG) stock forecast, based on 21 Wall Street analysts, predicts a 12-month average price target of $2.75, with a high of $4.00 and a low of $1.50. This represents a 439.22% increase from the last price of $0.51.

- $3 $6 $9 $12 $15 High: $4 Avg: $2.75 Low: $1.5 Last Closed Price: $0.51

CHGG Stock Rating


Chegg stock's rating consensus is Hold, based on 21 Wall Street analysts. The breakdown includes 1 Strong Buy (4.76%), 5 Buy (23.81%), 12 Hold (57.14%), 3 Sell (14.29%), and 0 Strong Sell (0.00%).

Hold
Total 21 0 3 12 5 1 Strong Sell Sell Hold Buy Strong Buy

CHGG Price Target Upside V Benchmarks


TypeNameUpside
StockChegg439.22%
SectorConsumer Defensive Stocks 10.28%
IndustryEducation Stocks 24.42%
IdeaOnline Education Stocks List35.72%

Price Target Trends


1M3M12M
# Anlaysts--10
Avg Price Target--$4.05
Last Closing Price$0.51$0.51$0.51
Upside/Downside--694.12%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25--5218
Mar, 25--6219
Feb, 25--72110
Jan, 25--92112
Dec, 24--121114
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 14, 2024Arvind RamnaniPiper Sandler$1.50$1.70-11.76%194.12%
Oct 22, 2024Mike GrondahlNorthland Securities$4.00$1.52163.16%684.31%
Aug 06, 2024Eric SheridanGoldman Sachs$3.75$2.9327.99%635.29%
Aug 06, 2024Josh BaerMorgan Stanley$3.00$2.932.39%488.24%
Aug 06, 2024Arvind RamnaniPiper Sandler$2.00$2.93-31.74%292.16%
Jul 16, 2024Josh BaerMorgan Stanley$3.25$3.172.52%537.25%
Jun 18, 2024Jeffrey SilberBMO Capital$3.00$2.7011.11%488.24%
May 01, 2024Jeffrey SilberBMO Capital$7.00$5.1735.40%1272.55%
Apr 30, 2024Eric SheridanGoldman Sachs$7.00$5.1735.40%1272.55%
Apr 30, 2024Arvind RamnaniPiper Sandler$6.00$7.17-16.32%1076.47%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jan 14, 2025Morgan StanleyEqual-WeightUnderweightdowngrade
Nov 14, 2024Piper SandlerUnderweightUnderweighthold
Aug 06, 2024Goldman SachsSellNeutralupgrade
Aug 06, 2024Morgan StanleyEqual-WeightEqual-Weighthold
Aug 06, 2024Piper SandlerUnderweightUnderweighthold
Jul 22, 2024CitigroupNeutralNeutralhold
Jul 16, 2024Morgan StanleyUnderweightEqual-Weightupgrade
Jun 18, 2024BMO CapitalMarket PerformMarket Performhold
May 01, 2024BMO CapitalMarket PerformMarket Performhold
May 01, 2024BMO CapitalOutperformOutperformhold

Financial Forecast


EPS Forecast

$-10 $-7 $-4 $-1 $2 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-0.05$-0.01$2.09$-0.37$-8.10--
Avg Forecast$1.25$1.23$1.29$1.17$0.78$0.63$0.50
High Forecast$1.30$1.28$1.39$1.22$0.83$0.85$0.52
Low Forecast$1.15$1.13$1.18$1.08$0.64$0.46$0.49
Surprise %-104.00%-100.81%62.02%-131.62%-1138.46%--

Revenue Forecast

$400M $490M $580M $670M $760M $850M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$644.34M$776.26M$766.90M$716.29M$617.57M--
Avg Forecast$628.56M$763.87M$764.41M$714.10M$616.13M$514.17M$448.64M
High Forecast$648.65M$788.28M$810.38M$714.99M$616.54M$568.28M$448.64M
Low Forecast$590.20M$717.25M$715.20M$713.68M$615.80M$467.89M$448.64M
Surprise %2.51%1.62%0.33%0.31%0.23%--

Net Income Forecast

$-1B $-700M $-400M $-100M $200M $500M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-6.22M$-1.46M$266.64M$18.18M$-837.07M--
Avg Forecast$3.96M$-18.96M$33.21M$18.18M$94.11M$83.89M$64.85M
High Forecast$15.88M$5.06M$39.85M$21.82M$106.56M$109.26M$66.28M
Low Forecast$-7.97M$-42.98M$26.57M$14.54M$81.65M$58.53M$63.42M
Surprise %-257.17%-92.31%702.88%--989.50%--

CHGG Forecast FAQ


Is Chegg stock a buy?

Chegg stock has a consensus rating of Hold, based on 21 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 5 Buy, 12 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Chegg is a neutral investment for most analysts.

What is Chegg's price target?

Chegg's price target, set by 21 Wall Street analysts, averages $2.75 over the next 12 months. The price target range spans from $1.5 at the low end to $4 at the high end, suggesting a potential 439.22% change from the previous closing price of $0.51.

How does Chegg stock forecast compare to its benchmarks?

Chegg's stock forecast shows a 439.22% upside, outperforming the average forecast for the consumer defensive stocks sector (10.28%) and outperforming the education stocks industry (24.42%), leading the online education stocks list (35.72%) investment idea.

What is the breakdown of analyst ratings for Chegg over the past three months?

  • April 2025: 0% Strong Buy, 0% Buy, 62.50% Hold, 25.00% Sell, 12.50% Strong Sell.
  • March 2025: 0% Strong Buy, 0% Buy, 66.67% Hold, 22.22% Sell, 11.11% Strong Sell.
  • February 2025: 0% Strong Buy, 0% Buy, 70.00% Hold, 20.00% Sell, 10.00% Strong Sell.

What is Chegg’s EPS forecast?

Chegg's average annual EPS forecast for its fiscal year ending in December 2025 is $0.63, marking a -107.78% decrease from the reported $-8.1 in 2024. Estimates for the following years are.

What is Chegg’s revenue forecast?

Chegg's average annual revenue forecast for its fiscal year ending in December 2025 is $514.17M, reflecting a -16.74% decrease from the reported $617.57M in 2024. The forecast for.

What is Chegg’s net income forecast?

Chegg's net income forecast for the fiscal year ending in December 2025 stands at $83.89M, representing a -110.02% decrease from the reported $-837M in 2024. Projections indicate .