At the time of writing, Chegg Inc [CHGG] stock is trading at $1.4, up 1.45%. An important factor to consider is whether the stock is rising or falling in short-term value. The CHGG shares have gain 9.38% over the last week, with a monthly amount glided 16.67%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Chegg Inc [NYSE: CHGG] stock has seen the most recent analyst activity on April 08, 2025, when JP Morgan downgraded its rating to a Underweight. Previously, Morgan Stanley downgraded its rating to Underweight on January 14, 2025, and dropped its price target to $1.25. On August 06, 2024, upgrade upgraded it’s rating to Neutral. Morgan Stanley upgraded its rating to a Equal-Weight and decreased its price target to $3.25 on July 16, 2024. Jefferies downgraded its rating to a Underperform and reduced its price target to $4 on April 30, 2024. Craig Hallum downgraded its rating to Hold for this stock on April 30, 2024, and downed its price target to $7.
For the past year, the stock price of Chegg Inc fluctuated between $0.44 and $3.81. Currently, Wall Street analysts expect the stock to reach $30.42 within the next 12 months. Chegg Inc [NYSE: CHGG] shares were valued at $1.4 at the most recent close of the market. An investor can expect a potential return of 2072.86% based on the average CHGG price forecast.
Analyzing the CHGG fundamentals
According to Chegg Inc [NYSE:CHGG], the company’s sales were 564.61M for trailing twelve months, which represents an -30.38% plunge. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at -1.35%, Pretax Profit Margin comes in at -1.26%, and Net Profit Margin reading is -1.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.94, Equity is -3.67 and Total Capital is -2.85. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.3633 points at the first support level, and at 1.3267 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4333, and for the 2nd resistance point, it is at 1.4667.
Ratios To Look Out For
It is important to note that Chegg Inc [NYSE:CHGG] has a current ratio of 1.23. On the other hand, the Quick Ratio is 1.23, and the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 0.26, the price to book ratio is 0.79.
Transactions by insiders
Recent insider trading involved BUDIG RENEE VARNI, Director, that happened on Jun 06 ’25 when 27973.0 shares were sold. Director, RENEE BUDIG completed a deal on Jun 06 ’25 to buy 27973.0 shares.
