Chegg (CHGG) Stock Forecast, Price Target & Predictions
CHGG Stock Forecast
Chegg (CHGG) stock forecast, based on 22 Wall Street analysts, predicts a 12-month average price target of $30.42, with a high of $110.00 and a low of $1.50. This represents a 2088.49% increase from the last price of $1.39.
CHGG Stock Rating
Chegg stock's rating consensus is Hold, based on 22 Wall Street analysts. The breakdown includes 1 Strong Buy (4.55%), 5 Buy (22.73%), 12 Hold (54.55%), 4 Sell (18.18%), and 0 Strong Sell (0.00%).
Hold
CHGG Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Chegg | 2088.49% |
| Sector | Consumer Defensive Stocks | 12.63% |
| Industry | Education Stocks | 23.01% |
| Idea | Online Education Stocks List | 46.29% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $1.50 |
| Last Closing Price | $1.39 | $1.39 | $1.39 |
| Upside/Downside | - | - | 7.91% |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Oct, 25 | - | - | 2 | - | 1 | 3 |
| Sep, 25 | - | - | 2 | - | 1 | 3 |
| Aug, 25 | - | - | 2 | - | 1 | 3 |
| Jul, 25 | - | - | 2 | - | 1 | 3 |
| Jun, 25 | - | - | 2 | 1 | 2 | 5 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 14, 2024 | Arvind Ramnani | Piper Sandler | $1.50 | $1.70 | -11.76% | 7.91% |
| Oct 22, 2024 | Mike Grondahl | Northland Securities | $4.00 | $1.52 | 163.16% | 187.77% |
| Aug 06, 2024 | Eric Sheridan | Goldman Sachs | $3.75 | $2.93 | 27.99% | 169.78% |
| Aug 06, 2024 | Josh Baer | Morgan Stanley | $3.00 | $2.93 | 2.39% | 115.83% |
| Aug 06, 2024 | Arvind Ramnani | Piper Sandler | $2.00 | $2.93 | -31.74% | 43.88% |
| Jul 16, 2024 | Josh Baer | Morgan Stanley | $3.25 | $3.17 | 2.52% | 133.81% |
| Jun 18, 2024 | Jeffrey Silber | BMO Capital | $3.00 | $2.70 | 11.11% | 115.83% |
| May 01, 2024 | Jeffrey Silber | BMO Capital | $7.00 | $5.17 | 35.40% | 403.60% |
| Apr 30, 2024 | Eric Sheridan | Goldman Sachs | $7.00 | $5.17 | 35.40% | 403.60% |
| Apr 30, 2024 | Arvind Ramnani | Piper Sandler | $6.00 | $7.17 | -16.32% | 331.65% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jan 14, 2025 | Morgan Stanley | Equal-Weight | Underweight | downgrade |
| Nov 14, 2024 | Piper Sandler | Underweight | Underweight | hold |
| Aug 06, 2024 | Goldman Sachs | Sell | Neutral | upgrade |
| Aug 06, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | hold |
| Aug 06, 2024 | Piper Sandler | Underweight | Underweight | hold |
| Jul 22, 2024 | Citigroup | Neutral | Neutral | hold |
| Jul 16, 2024 | Morgan Stanley | Underweight | Equal-Weight | upgrade |
| Jun 18, 2024 | BMO Capital | Market Perform | Market Perform | hold |
| May 01, 2024 | BMO Capital | Market Perform | Market Perform | hold |
| May 01, 2024 | BMO Capital | Outperform | Outperform | hold |
Financial Forecast
EPS Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 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
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 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
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 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% | - | - |