Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Chegg Inc has a consensus price target of $8.16 based on the ratings of 16 analysts. The high is $29 issued by Citigroup on November 3, 2022. The low is $2 issued by Piper Sandler on August 6, 2024. The 3 most-recent analyst ratings were released by Craig-Hallum, Goldman Sachs, and Morgan Stanley on August 7, 2024, August 6, 2024, and August 6, 2024, respectively. With an average price target of $3.25 between Craig-Hallum, Goldman Sachs, and Morgan Stanley, there's an implied 75.63% upside for Chegg Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Chegg (NYSE:CHGG) was reported by Craig-Hallum on August 7, 2024. The analyst firm set a price target for $3.00 expecting CHGG to rise to within 12 months (a possible 62.12% upside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Chegg (NYSE:CHGG) was provided by Craig-Hallum, and Chegg maintained their hold rating.
The last upgrade for Chegg Inc happened on August 6, 2024 when Goldman Sachs raised their price target to $3.75. Goldman Sachs previously had a sell for Chegg Inc.
The last downgrade for Chegg Inc happened on April 30, 2024 when Craig-Hallum changed their price target from $13 to $7 for Chegg Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Chegg, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Chegg was filed on August 7, 2024 so you should expect the next rating to be made available sometime around August 7, 2025.
While ratings are subjective and will change, the latest Chegg (CHGG) rating was a maintained with a price target of $7.00 to $3.00. The current price Chegg (CHGG) is trading at is $1.85, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.