Chegg (CHGG) Expected to Announce Quarterly Earnings on Monday

Chegg (NYSE:CHGG) is projected to release its Q1 2025 earnings data before the market opens on Monday, May 12th. Analysts expect Chegg to post earnings of $0.01 per share and revenue of $114.77 million for the quarter.

Chegg Trading Down 6.2 %

NYSE CHGG opened at $0.68 on Friday. The company has a fifty day simple moving average of $0.66 and a two-hundred day simple moving average of $1.35. Chegg has a 12-month low of $0.44 and a 12-month high of $4.95. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.31. The stock has a market cap of $71.56 million, a P/E ratio of -0.09 and a beta of 1.75.

Wall Street Analyst Weigh In

CHGG has been the topic of a number of research reports. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Chegg in a research note on Tuesday, April 8th. Morgan Stanley restated an “underweight” rating and set a $1.25 price objective (down from $2.00) on shares of Chegg in a research report on Tuesday, January 14th. StockNews.com began coverage on shares of Chegg in a research note on Thursday, April 17th. They set a “hold” rating for the company. Needham & Company LLC reaffirmed a “hold” rating on shares of Chegg in a research note on Tuesday, February 25th. Finally, Piper Sandler lowered their price target on Chegg from $1.50 to $1.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 25th. Three analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $1.70.

About Chegg

Chegg, Inc operates a direct-to-student learning platform that helps learners build essential life and job skills to accelerate their path from learning programs in the United States and internationally. Its subscription services include Chegg Study, which offers personalized step-by-step learning support from AI, computational engines, and subject matter experts, as well as Tinger Gold and DashPash Student services; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation; Chegg Math, a step-by-step math problem solver and calculator that helps students to solve problems; Chegg Study Pack, a bundle of various subscription product offerings, including Chegg Study, Chegg Writing, and Chegg Math services; and Busuu, an online language learning platform that offers comprehensive support through self-paced lessons, live classes with expert tutors, and a community of members to practice alongside.