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Chegg - CHGG Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $5.25
  • Forecasted Upside: 207.92%
  • Number of Analysts: 10
  • Breakdown:
  • 3 Sell Ratings
  • 7 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$1.71 As of 10/22/2024 01:00 AM ET
▲ +0.19 (12.54%)

This chart shows the closing price for CHGG by one month, three months, or twelve months.

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Analyst Price Target for CHGG

Analyst Price Target is $5.25
▲ +207.92% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Chegg in the last 3 months. The average price target is $5.25, with a high forecast of $10.00 and a low forecast of $2.00. The average price target represents a 207.92% upside from the last price of $1.71.

This chart shows the closing price for CHGG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 10 contributing investment analysts is to reduce stock in Chegg. This rating has held steady since June 2024, when it changed from a Strong Sell consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 9 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 10 hold ratings
  • 0 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 10 hold ratings
  • 0 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 4 sell ratings
Ratings as of
4/25/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 4 sell ratings
Ratings as of
7/24/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 3 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 3 sell ratings
Ratings as of
10/22/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 3 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/21/2024Northland SecuritiesLower TargetMarket Perform ➝ Market Perform$6.00 ➝ $4.00
8/7/2024Craig HallumLower TargetHold ➝ Hold$7.00 ➝ $3.00
8/6/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$3.25 ➝ $3.00
8/6/2024Northland SecuritiesLower TargetMarket Perform ➝ Market Perform$7.00 ➝ $6.00
8/6/2024Piper SandlerLower TargetUnderweight ➝ Underweight$6.00 ➝ $2.00
8/6/2024The Goldman Sachs GroupUpgradeSell ➝ Neutral$7.00 ➝ $3.75
8/6/2024Needham & Company LLCReiterated RatingHold
7/16/2024Morgan StanleyUpgradeUnderweight ➝ Equal Weight$6.50 ➝ $3.25
6/18/2024Needham & Company LLCReiterated RatingHold
4/30/2024Piper SandlerReiterated RatingUnderweight ➝ Underweight$8.50 ➝ $6.00
4/30/2024Needham & Company LLCReiterated RatingHold
4/30/2024Craig HallumReiterated RatingBuy ➝ Hold$13.00 ➝ $7.00
4/30/2024Jefferies Financial GroupDowngradeHold ➝ Underperform$7.00 ➝ $4.00
4/29/2024Jefferies Financial GroupLower TargetHold ➝ Hold$10.00 ➝ $7.00
4/19/2024Morgan StanleyLower TargetUnderweight ➝ Underweight$8.50 ➝ $7.00
2/6/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$10.00 ➝ $9.00
2/6/2024BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$11.00 ➝ $10.00
2/6/2024The Goldman Sachs GroupLower TargetSell ➝ Sell$8.00 ➝ $7.00
2/6/2024Piper SandlerDowngradeNeutral ➝ Underweight$9.00 ➝ $8.50
2/6/2024Piper Sandler CompaniesDowngradeUnderweight$9.00 ➝ $8.50
1/19/2024The Goldman Sachs GroupDowngradeNeutral ➝ Sell$10.00 ➝ $8.00
11/20/2023Morgan StanleyDowngradeEqual Weight ➝ Underweight$10.00 ➝ $9.00
10/31/2023JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$12.00 ➝ $10.00
10/31/2023BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$12.00 ➝ $10.00
10/31/2023The Goldman Sachs GroupLower TargetNeutral ➝ Neutral$14.00 ➝ $10.00
10/31/2023Piper SandlerLower TargetNeutral ➝ Neutral$13.00 ➝ $9.00
10/23/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$13.00 ➝ $10.00
10/19/2023JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$14.00 ➝ $12.00
8/9/2023BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$10.00 ➝ $12.00
8/8/2023Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$12.00 ➝ $13.00
8/8/2023JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$12.00 ➝ $14.00
8/8/2023Piper SandlerBoost TargetNeutral ➝ Neutral$11.00 ➝ $13.00
7/19/2023JPMorgan Chase & Co.Lower Target$14.00 ➝ $12.00
5/3/2023888Reiterated RatingMaintains
5/3/2023BMO Capital MarketsLower Target$20.00 ➝ $12.00
5/3/2023Bank of AmericaLower Target$20.00 ➝ $11.00
5/2/2023500.comReiterated RatingDowngrade
5/2/2023Northland SecuritiesDowngradeOutperform ➝ Market Perform
5/2/2023Barrington ResearchDowngradeOutperform ➝ Market Perform
5/2/2023Craig HallumLower Target$25.00 ➝ $18.00
5/2/2023Morgan StanleyLower Target$18.00 ➝ $12.00
5/2/2023Piper SandlerLower Target$17.00 ➝ $11.00
5/2/2023Jefferies Financial GroupDowngradeBuy ➝ Hold$25.00 ➝ $11.00
4/20/2023Craig HallumUpgradeHold ➝ Buy$20.00 ➝ $25.00
2/8/2023The Goldman Sachs GroupLower TargetNeutral$24.00 ➝ $18.00
2/7/2023BMO Capital MarketsLower Target$30.00 ➝ $20.00
2/7/2023JPMorgan Chase & Co.Lower TargetNeutral$23.00 ➝ $19.00
2/7/2023Morgan StanleyLower TargetEqual Weight$31.00 ➝ $18.00
2/7/2023Barrington ResearchLower TargetOutperform$30.00 ➝ $22.00
2/7/2023Northland SecuritiesLower TargetOutperform$35.00 ➝ $24.00
2/7/2023Piper SandlerLower TargetNeutral$24.00 ➝ $17.00
1/19/2023KeyCorpUpgradeSector Weight ➝ Overweight$29.00
1/18/2023Needham & Company LLCDowngradeBuy ➝ Hold
12/15/2022Morgan StanleyBoost TargetEqual Weight$24.00 ➝ $31.00
12/2/2022Northland SecuritiesBoost Target$32.00 ➝ $35.00
11/3/2022BMO Capital MarketsBoost TargetMarket Perform$23.00 ➝ $26.00
11/2/2022CitigroupBoost TargetNeutral$25.00 ➝ $29.00
11/2/2022Barrington ResearchBoost TargetOutperform$25.00 ➝ $30.00
11/2/2022Morgan StanleyBoost TargetEqual Weight$22.00 ➝ $24.00
11/2/2022Northland SecuritiesBoost TargetOutperform$30.00 ➝ $32.00
11/2/2022Piper SandlerBoost TargetNeutral$23.00 ➝ $24.00
9/26/2022Needham & Company LLCUpgradeHold ➝ Buy$28.00
9/8/2022Northland SecuritiesUpgradeMarket Perform ➝ Outperform$27.00 ➝ $30.00
7/18/2022Piper SandlerLower TargetNeutral$21.00 ➝ $20.00
7/15/2022The Goldman Sachs GroupInitiated CoverageNeutral$20.00
6/29/2022JPMorgan Chase & Co.Lower TargetNeutral$22.00 ➝ $18.00
5/3/2022Bank of AmericaDowngradeBuy ➝ Neutral
5/3/2022Barrington ResearchLower Target$40.00 ➝ $25.00
5/3/2022Northland SecuritiesLower Target$45.00 ➝ $27.00
5/3/2022BMO Capital MarketsLower Target$38.00 ➝ $22.00
5/3/2022Craig HallumLower Target$35.00 ➝ $18.00
5/3/2022Morgan StanleyLower Target$37.00 ➝ $20.00
5/3/2022William BlairDowngradeOutperform ➝ Market Perform
5/3/2022Piper SandlerDowngradeOverweight ➝ Neutral$44.00 ➝ $21.00
4/12/2022KeyCorpDowngradeOverweight ➝ Sector Weight
2/8/2022Morgan StanleyBoost TargetEqual Weight$35.00 ➝ $37.00
2/8/2022Craig HallumLower TargetHold$50.00 ➝ $35.00
2/8/2022Piper SandlerBoost TargetOverweight$43.00 ➝ $44.00
1/27/2022Morgan StanleyLower TargetEqual Weight$38.00 ➝ $35.00
1/13/2022Piper SandlerUpgradeNeutral ➝ Overweight$54.00 ➝ $43.00
1/10/2022KeyCorpLower TargetOverweight$56.00 ➝ $44.00
12/13/2021Jefferies Financial GroupLower TargetBuy ➝ Buy$60.00 ➝ $55.00
12/9/2021Morgan StanleyLower TargetEqual Weight$53.00 ➝ $38.00
11/30/2021Needham & Company LLCReiterated RatingHold
11/9/2021BMO Capital MarketsReiterated RatingHold
11/2/2021BMO Capital MarketsLower TargetMarket Perform$74.00 ➝ $49.00
11/2/2021CitigroupDowngradeBuy ➝ Neutral$117.00 ➝ $50.00
11/2/2021Northland SecuritiesDowngradeOutperform ➝ Market Perform$53.00
11/2/2021Needham & Company LLCDowngradeBuy ➝ Hold
11/2/2021KeyCorpLower TargetOverweight$95.00 ➝ $56.00
11/2/2021Craig HallumDowngradeBuy ➝ Hold$50.00
11/2/2021Piper SandlerDowngradeOverweight ➝ Neutral$107.00 ➝ $54.00
11/2/2021Raymond JamesDowngradeOutperform ➝ Market Perform
11/2/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$88.00 ➝ $53.00
10/27/2021Morgan StanleyLower TargetOverweight$115.00 ➝ $88.00
10/7/2021KeyCorpLower TargetIn-Line ➝ Overweight$115.00 ➝ $95.00
9/15/2021Needham & Company LLCInitiated CoverageBuy$120.00
8/10/2021Barrington ResearchReiterated RatingBuy$120.00
8/10/2021Needham & Company LLCReiterated RatingBuy$120.00
6/30/2021Jefferies Financial GroupReiterated RatingBuy$95.00
5/4/2021Lake Street CapitalLower TargetHold$98.00 ➝ $93.00
5/4/2021KeyCorpLower TargetOverweight$124.00 ➝ $115.00
5/4/2021Raymond JamesLower TargetOutperform$120.00 ➝ $100.00
3/30/2021FBN SecuritiesInitiated CoverageOutperform$105.00
3/22/2021Needham & Company LLCReiterated RatingBuy$120.00
2/10/2021CitigroupBoost TargetBuy$100.00 ➝ $120.00
2/9/2021BMO Capital MarketsBoost TargetMarket Perform$91.00 ➝ $106.00
2/9/2021Northland SecuritiesBoost TargetOutperform$95.00 ➝ $110.00
2/9/2021Lake Street CapitalBoost TargetHold$85.00 ➝ $98.00
2/9/2021Morgan StanleyBoost TargetOverweight$105.00 ➝ $115.00
2/9/2021Craig HallumBoost TargetBuy$105.00 ➝ $125.00
2/9/2021Barrington ResearchReiterated RatingOutperform$110.00 ➝ $120.00
2/9/2021Needham & Company LLCBoost TargetBuy$115.00 ➝ $120.00
2/9/2021Jefferies Financial GroupBoost TargetBuy$115.00 ➝ $120.00
2/9/2021KeyCorpBoost TargetOverweight$120.00 ➝ $124.00
2/9/2021Piper SandlerBoost TargetOverweight$110.00 ➝ $124.00
1/26/2021Morgan StanleyBoost TargetOverweight$100.00 ➝ $105.00
1/26/2021KeyCorpBoost TargetOverweight$100.00 ➝ $120.00
1/21/2021Barrington ResearchBoost TargetOutperform$95.00 ➝ $110.00
1/15/2021Needham & Company LLCBoost TargetBuy$100.00 ➝ $115.00
1/14/2021Bank of AmericaBoost TargetBuy$100.00 ➝ $115.00
12/16/2020JPMorgan Chase & Co.Boost TargetNeutral$79.00 ➝ $82.00
11/30/2020Bank of AmericaInitiated CoverageBuy$100.00
11/6/2020Exane BNP ParibasInitiated CoverageUnderperform$55.00
11/6/2020BNP ParibasInitiated CoverageUnderperform$55.00
10/27/2020Lake Street CapitalBoost Target$79.00 ➝ $85.00
10/27/2020Raymond JamesBoost TargetOutperform$93.00 ➝ $96.00
8/26/2020Piper SandlerInitiated CoverageOverweight$90.00
8/4/2020BMO Capital MarketsBoost Target$67.00 ➝ $91.00
8/4/2020Northland SecuritiesBoost Target$75.00 ➝ $95.00
8/4/2020CitigroupUpgradeNeutral ➝ Buy$100.00
8/4/2020Craig HallumBoost TargetBuy$65.00 ➝ $105.00
8/4/2020Lake Street CapitalBoost TargetHold$44.00 ➝ $79.00
8/4/2020Raymond JamesBoost TargetReduce ➝ Outperform$60.00 ➝ $93.00
8/4/2020Morgan StanleyBoost TargetOverweight$83.00 ➝ $96.00
8/4/2020Needham & Company LLCBoost TargetBuy$70.00 ➝ $100.00
8/4/2020KeyCorpBoost TargetOverweight$86.00 ➝ $100.00
8/4/2020Jefferies Financial GroupBoost TargetBuy$80.00 ➝ $99.00
7/31/2020Barrington ResearchReiterated RatingBuy$60.00
7/23/2020Morgan StanleyBoost TargetOverweight$56.00 ➝ $83.00
7/13/2020KeyCorpBoost TargetOverweight$80.00 ➝ $86.00
6/30/2020CitigroupDowngradeBuy ➝ Neutral$52.00 ➝ $66.00
6/29/2020KeyCorpInitiated CoverageOverweight$80.00
6/23/2020Northland SecuritiesBoost TargetBuy$70.00 ➝ $75.00
6/22/2020Jefferies Financial GroupBoost TargetBuy$55.00 ➝ $80.00
6/17/2020Northland SecuritiesInitiated CoverageBuy$70.00
6/5/2020Northland SecuritiesInitiated CoverageBuy$70.00
6/5/2020Needham & Company LLCBoost TargetBuy$53.00 ➝ $70.00
5/19/2020Northland SecuritiesReiterated RatingBuy$60.00 ➝ $70.00
5/18/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform$54.00 ➝ $67.00
5/6/2020BMO Capital MarketsBoost TargetOutperform$46.00 ➝ $54.00
5/5/2020Northland SecuritiesBoost Target$44.00 ➝ $60.00
5/5/2020Barrington ResearchReiterated RatingOutperform$50.00 ➝ $60.00
5/5/2020Craig HallumBoost TargetBuy$55.00 ➝ $65.00
5/5/2020Needham & Company LLCBoost TargetBuy$40.00 ➝ $53.00
5/5/2020Morgan StanleyBoost TargetOverweight$43.00 ➝ $56.00
5/5/2020Jefferies Financial GroupBoost TargetBuy$42.00 ➝ $55.00
5/5/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$60.00
4/16/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$40.00
3/25/2020Morgan StanleyLower TargetOverweight$49.00 ➝ $43.00
3/23/2020CitigroupLower TargetBuy$50.00 ➝ $45.00
3/20/2020Needham & Company LLCReiterated RatingBuy$53.00 ➝ $40.00
3/18/2020JPMorgan Chase & Co.Lower TargetOverweight$46.00 ➝ $42.00
3/1/2020First AnalysisUpgradeOutperform ➝ Strong-Buy$48.00
2/11/2020Barrington ResearchReiterated RatingBuy$50.00
2/11/2020JPMorgan Chase & Co.Boost TargetOverweight$40.00 ➝ $46.00
2/11/2020Lake Street CapitalBoost TargetHold$35.00 ➝ $39.00
2/11/2020Needham & Company LLCBoost TargetBuy$50.00 ➝ $53.00
2/11/2020Morgan StanleyBoost TargetOverweight$47.00 ➝ $49.00
1/31/2020Barrington ResearchReiterated RatingBuy$50.00
1/21/2020CitigroupBoost TargetBuy$38.50 ➝ $50.00
1/10/2020BMO Capital MarketsBoost TargetOutperform$37.00 ➝ $43.00
12/4/2019Northland SecuritiesInitiated CoverageBuy$44.00
11/25/2019Morgan StanleyInitiated CoverageOverweight$45.00
11/5/2019Lake Street CapitalLower TargetHold$38.00 ➝ $35.00
11/5/2019CitigroupUpgradeNeutral ➝ Buy$43.00 ➝ $38.50
(Data available from 10/23/2019 forward)

News Sentiment Rating

0.51 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 9 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 15 very positive mentions
  • 10 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024
  • 8 very positive mentions
  • 27 positive mentions
  • 11 negative mentions
  • 3 very negative mentions
Mentions as of
5/26/2024
  • 8 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
6/25/2024
  • 7 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/25/2024
  • 5 very positive mentions
  • 22 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
8/24/2024
  • 7 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/23/2024
  • 5 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
10/23/2024

Current Sentiment

  • 5 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Chegg logo
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. The company also provides a skills-based learning platform to learn technical skills comprising AI, coding, data analytics, and cybersecurity, as well as competencies consisting of emotional intelligence, mindset, emerging leadership, and decision making. In addition, it rents and sells print textbooks and eTextbooks; and offers advertising services. The company serves students and companies through direct marketing channels and social media. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.
Read More

Today's Range

Now: $1.71
Low: $1.51
High: $1.71

50 Day Range

MA: $1.85
Low: $1.51
High: $2.30

52 Week Range

Now: $1.71
Low: $1.48
High: $11.48

Volume

5,636,340 shs

Average Volume

3,580,500 shs

Market Capitalization

$174.28 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.31

Frequently Asked Questions

What sell-side analysts currently cover shares of Chegg?

The following Wall Street analysts have issued research reports on Chegg in the last year: BMO Capital Markets, Craig Hallum, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Needham & Company LLC, Northland Securities, Piper Sandler, Piper Sandler Companies, StockNews.com, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for CHGG.

What is the current price target for Chegg?

9 Wall Street analysts have set twelve-month price targets for Chegg in the last year. Their average twelve-month price target is $5.25, suggesting a possible upside of 207.9%. BMO Capital Markets has the highest price target set, predicting CHGG will reach $10.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $2.00 for Chegg in the next year.
View the latest price targets for CHGG.

What is the current consensus analyst rating for Chegg?

Chegg currently has 3 sell ratings and 7 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for CHGG.

What other companies compete with Chegg?

Other companies that are similar to Chegg include Youdao, European Wax Center, Vasta Platform, Smart Share Global and Nerdy. Learn More about companies similar to Chegg.

How do I contact Chegg's investor relations team?

Chegg's physical mailing address is 3990 FREEDOM CIRCLE, SANTA CLARA CA, 95054. The technology company's listed phone number is (408) 855-5700 and its investor relations email address is [email protected]. The official website for Chegg is www.chegg.com. Learn More about contacing Chegg investor relations.