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NYSE: CHGG
Chegg Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CHGG

Based on 5 analysts offering 12 month price targets for Chegg Inc.
Min Forecast
$9.00-15.73%
Avg Forecast
$9.60-10.11%
Max Forecast
$10.00-6.37%

Should I buy or sell CHGG stock?

Based on 5 analysts offering ratings for Chegg Inc.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
4 analysts 80%
Sell
0 analysts 0%
Strong Sell
1 analysts 20%

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CHGG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-20
lockedlocked$00.00+00.00%2023-11-01
lockedlocked$00.00+00.00%2023-10-31
lockedlocked$00.00+00.00%2023-10-31
lockedlocked$00.00+00.00%2023-10-31

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Forecast return on equity

Is CHGG forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
30.36%

Forecast return on assets

Is CHGG forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CHGG revenue forecast

What is CHGG's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$714.4M-2.6%
Avg 2 year Forecast
$710.4M-3.15%
Avg 3 year Forecast
$728.2M-0.72%
CHGG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CHGG earnings growth forecast

How is CHGG forecast to perform vs Education & Training Services companies and vs the US market?
Company
128.94%
Industry
11.24%
Market
17.91%
CHGG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CHGG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CHGG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CHGG revenue growth forecast

How is CHGG forecast to perform vs Education & Training Services companies and vs the US market?
Company
-0.51%
Industry
14.26%
Market
7.66%
CHGG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CHGG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CHGG vs Education Stocks

TickerPricePrice TargetUp/downsideConsensus
CHGG$10.68$9.60-10.11%Hold
PRDO$18.39$23.00+25.07%Buy
GOTU$2.76$3.30+19.57%Sell
AFYA$21.36$21.75+1.83%Buy
DAO$3.83N/AN/A
View Top Education Stocks

Chegg Stock Forecast FAQ

Is Chegg Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: CHGG) stock is to Hold CHGG stock.

Out of 5 analysts, 0 (0%) are recommending CHGG as a Strong Buy, 0 (0%) are recommending CHGG as a Buy, 4 (80%) are recommending CHGG as a Hold, 0 (0%) are recommending CHGG as a Sell, and 1 (20%) are recommending CHGG as a Strong Sell.

If you're new to stock investing, here's how to buy Chegg stock.

What is CHGG's revenue growth forecast for 2023-2025?

(NYSE: CHGG) Chegg's forecast annual revenue growth rate of -0.51% is not forecast to beat the US Education & Training Services industry's average forecast revenue growth rate of 14.26%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.66%.

Chegg's revenue in 2023 is $733,501,000.On average, 9 Wall Street analysts forecast CHGG's revenue for 2023 to be $82,742,125,128, with the lowest CHGG revenue forecast at $82,693,251,227, and the highest CHGG revenue forecast at $82,844,737,158. On average, 9 Wall Street analysts forecast CHGG's revenue for 2024 to be $82,271,569,060, with the lowest CHGG revenue forecast at $77,562,418,110, and the highest CHGG revenue forecast at $84,834,437,690.

In 2025, CHGG is forecast to generate $84,337,591,632 in revenue, with the lowest revenue forecast at $74,114,607,584 and the highest revenue forecast at $89,351,220,038.

What is CHGG's forecast return on assets (ROA) for 2023-2026?

(NYSE: CHGG) forecast ROA is N/A, which is lower than the forecast US Education & Training Services industry average of N/A.

What is CHGG's Price Target?

According to 5 Wall Street analysts that have issued a 1 year CHGG price target, the average CHGG price target is $9.60, with the highest CHGG stock price forecast at $10.00 and the lowest CHGG stock price forecast at $9.00.

On average, Wall Street analysts predict that Chegg's share price could fall to $9.60 by Nov 20, 2024. The average Chegg stock price prediction forecasts a potential downside of 10.11% from the current CHGG share price of $10.68.

What is CHGG's forecast return on equity (ROE) for 2023-2026?

(NYSE: CHGG) forecast ROE is N/A, which is considered weak.
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