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Chegg Inc
NYSE:CHGG

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Chegg Inc Logo
Chegg Inc
NYSE:CHGG
Watchlist
Price: 6.81 USD -0.29% Market Closed
Updated: Apr 25, 2024
Section:
 

Wall Street
Price Targets

CHGG Price Targets Summary
Chegg Inc

Wall Street analysts forecast CHGG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CHGG is 9.78 USD with a low forecast of 7.07 USD and a high forecast of 13.65 USD.

CHGG Lowest Forecast
Wall Street Target
7.07 USD
4% Upside
CHGG Average Forecast
Wall Street Target
9.78 USD
44% Upside
CHGG Highest Forecast
Wall Street Target
13.65 USD
100% Upside
Lowest
Price Target
7.07 USD
4% Upside
Average
Price Target
9.78 USD
44% Upside
Highest
Price Target
13.65 USD
100% Upside

CHGG Last Price Targets
Chegg Inc

The latest public price target was made on Feb 6, 2024 by Arvind Ramnani from Piper Sandler , who expects CHGG stock to rise by 25% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Arvind Ramnani
Piper Sandler
8.5 USD
Upside 25%
2 months ago
Feb 6, 2024
Chegg AI Investments Not Translating To Improved Fundamentals, Analysts Dive Deeper Into Q4 Print
Benzinga
Eric Sheridan
Goldman Sachs
8 USD
Upside 17%
3 months ago
Jan 19, 2024
Goldman Sachs Downgrades Chegg To Sell, Cites Rising Competition From Gen-Z Using AI
Benzinga
Unknown Analyst
Goldman Sachs
18 USD
Upside 164%
1 year ago
Feb 8, 2023
Goldman Sachs Maintains Neutral on Chegg, Lowers Price Target to $18
Benzinga
Unknown Analyst
Piper Sandler
17 USD
Upside 150%
1 year ago
Feb 7, 2023
Piper Sandler Maintains Neutral on Chegg, Lowers Price Target to $17
Benzinga
Unknown Analyst
Morgan Stanley
18 USD
Upside 164%
1 year ago
Feb 7, 2023
Morgan Stanley Maintains Equal-Weight on Chegg, Lowers Price Target to $18
Benzinga
Unknown Analyst
Northland Securities
24 USD
Upside 252%
1 year ago
Feb 7, 2023
Northland Capital Markets Maintains Outperform on Chegg, Lowers Price Target to $24
Benzinga
Unknown Analyst
Barrington
22 USD
Upside 223%
1 year ago
Feb 7, 2023
Barrington Research Maintains Outperform on Chegg, Lowers Price Target to $22
Benzinga
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Arvind Ramnani
Piper Sandler
Price Target 8.5 USD
Upside/Downside 25%
View Source
Eric Sheridan
Goldman Sachs
Price Target 8 USD
Upside/Downside 17%
View Source
Unknown Analyst
Goldman Sachs
Price Target 18 USD
Upside/Downside 164%
View Source
Unknown Analyst
Piper Sandler
Price Target 17 USD
Upside/Downside 150%
View Source
Unknown Analyst
Morgan Stanley
Price Target 18 USD
Upside/Downside 164%
View Source
Unknown Analyst
Northland Securities
Price Target 24 USD
Upside/Downside 252%
View Source
Unknown Analyst
Barrington
Price Target 22 USD
Upside/Downside 223%
View Source
Show More Price Targets
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Chegg Inc Competitors:
Price Targets
LINC
Lincoln Educational Services Corp
40% Upside
NRDY
Nerdy Inc
78% Upside
9783
Benesse Holdings Inc
21% Downside
C
096240
Creverse Inc
73% Upside
LINC
Lincoln Educational Services Corp
40% Upside
NRDY
Nerdy Inc
78% Upside
9783
Benesse Holdings Inc
21% Downside
C
096240
Creverse Inc
73% Upside
TAL
TAL Education Group
9% Upside
EDU
New Oriental Education & Technology Group Inc
28% Upside
C
3978
China Beststudy Education Group
52% Upside
V
VSTA
Vasta Platform Ltd
31% Upside

Revenue
Forecast

Revenue Estimate
Chegg Inc

For the last 8 years the compound annual growth rate for Chegg Inc's revenue is 11%. The projected CAGR for the next 3 years is 0%.

11%
Past Growth
0%
Estimated Growth
Estimates Accuracy
-1%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
Chegg Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-59%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Chegg Inc

The compound annual growth rate of Chegg Inc's net income for the next 3 years is 83%.

N/A
Past Growth
83%
Estimated Growth
Estimates Accuracy
79%
Average Beat
What are analyst estimates?

See Also

Summary
CHGG intrinsic value, competitors valuation, and company profile.
DCF Valuation
CHGG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CHGG stock valuation using valuation multiples.
Wall Street Estimates
CHGG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CHGG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CHGG's stock price target?
Price Target
9.78 USD

According to Wall Street analysts, the average 1-year price target for CHGG is 9.78 USD with a low forecast of 7.07 USD and a high forecast of 13.65 USD.

What is Chegg Inc's Revenue forecast?
Projected CAGR
0%

For the last 8 years the compound annual growth rate for Chegg Inc's revenue is 11%. The projected CAGR for the next 3 years is 0%.

What is Chegg Inc's Net Income forecast?
Projected CAGR
83%

The compound annual growth rate of Chegg Inc's net income for the next 3 years is 83%.

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