Chegg (CHGG) Projected to Post 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 Stock Performance

Shares of CHGG stock opened at $0.75 on Monday. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a 50-day moving average of $0.69 and a 200-day moving average of $1.37. Chegg has a one year low of $0.44 and a one year high of $5.33. The company has a market cap of $79.01 million, a P/E ratio of -0.09 and a beta of 1.75.

Analyst Ratings Changes

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

Chegg Company Profile

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.