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Chegg

CHGGNYSE
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$1.84
0.095.14%
At Close: -
$1.86
0.021.09%
After Hours: 4:26 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$29.00
Lowest Price Target1
$2.00
Consensus Price Target1
$8.16

Chegg (NYSE:CHGG) Stock, Analyst Ratings, Price Targets, Forecasts

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 74.73% upside for Chegg Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Apr
0
0
0
0
Jun
1
Jul
3
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.9
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Craig-Hallum
Goldman Sachs
Morgan Stanley
Northland Capital Markets
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Chegg

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FAQ

Q

What is the target price for Chegg (CHGG) stock?

A

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 61.29% upside). 29 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Chegg (CHGG)?

A

The latest analyst rating for Chegg (NYSE:CHGG) was provided by Craig-Hallum, and Chegg maintained their hold rating.

Q

When was the last upgrade for Chegg (CHGG)?

A

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.

Q

When was the last downgrade for Chegg (CHGG)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Chegg (CHGG)?

A

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.

Q

Is the Analyst Rating Chegg (CHGG) correct?

A

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 $1.86, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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