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NYSE: CHGG
CHEGG INC Stock Forecast, Predictions & Price Target

Analyst price target for CHGG

Based on 5 analysts offering 12 month price targets for CHEGG INC.
Min Forecast
$18.00-6.93%
Avg Forecast
$27.60+42.71%
Max Forecast
$37.00+91.31%

Should I buy or sell CHGG stock?

Based on 9 analysts offering ratings for CHEGG INC.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
9 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CHGG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Bank of America
Bottom 43%
43
HoldDowngrades$18.00-6.93%2022-05-03
Northland Securities
Bottom 8%
8
HoldMaintains$27.00+39.61%2022-05-03
Anonymous
Morgan Stanley
HoldMaintains$20.00+3.41%2022-05-03
William Blair
Bottom 12%
12
HoldDowngradesN/AN/A2022-05-03
Piper Sandler
Bottom 1%
1
HoldDowngrades$21.00+8.58%2022-05-03
KeyBanc
Bottom 3%
3
HoldDowngradesN/AN/A2022-04-12
Morgan Stanley
Bottom 5%
5
HoldMaintains$37.00+91.31%2022-02-08
Craig-Hallum
Bottom 12%
12
HoldMaintains$35.00+80.97%2022-02-08
Needham
Top 20%
81
HoldDowngradesN/AN/A2021-11-02
Raymond James
Bottom 1%
1
HoldDowngradesN/AN/A2021-11-02

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Forecast return on equity

Is CHGG forecast to generate an efficient return?
Company
N/A
Industry
9.66%
Market
31.09%

Forecast return on assets

Is CHGG forecast to generate an efficient return on assets?
Company
N/A
Industry
5.1%

CHGG earnings per share forecast

What is CHGG's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$0.23-53.06%
Avg 2 year Forecast
$0.47-4.08%
Avg 3 year Forecast
$0.45-8.16%
CHGG's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CHGG revenue forecast

What is CHGG's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$758.1M-2.82%
Avg 2 year Forecast
$834.3M+6.95%
Avg 3 year Forecast
$1.0B+29.41%
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
13.16%
Industry
3.04%
Market
15.67%
CHGG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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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
7.93%
Industry
1.35%
Market
9.17%
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$19.34$27.60+42.71%Hold
COUR$16.88$36.38+115.49%Strong Buy
LAUR$13.32$20.40+53.15%Strong Buy
UDMY$16.22$28.58+76.22%Strong Buy
TAL$4.12$4.63+12.45%Hold

CHEGG Stock Forecast FAQ

Is CHEGG Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: CHGG) stock is to Hold CHGG stock.

Out of 9 analysts, 0 (0%) are recommending CHGG as a Strong Buy, 0 (0%) are recommending CHGG as a Buy, 9 (100%) are recommending CHGG as a Hold, 0 (0%) are recommending CHGG as a Sell, and 0 (0%) are recommending CHGG as a Strong Sell.

What is CHGG's earnings growth forecast for 2022-2024?

(NYSE: CHGG) CHEGG's forecast annual earnings growth rate of 13.16% is forecast to beat the US Education & Training Services industry's average forecast earnings growth rate of 3.04%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.67%.

CHEGG's earnings in 2022 is $69,463,000.On average, 8 Wall Street analysts forecast CHGG's earnings for 2022 to be $28,955,798, with the lowest CHGG earnings forecast at $0, and the highest CHGG earnings forecast at $62,947,387. On average, 7 Wall Street analysts forecast CHGG's earnings for 2023 to be $59,170,544, with the lowest CHGG earnings forecast at $27,696,850, and the highest CHGG earnings forecast at $89,385,290.

In 2024, CHGG is forecast to generate $56,652,648 in earnings, with the lowest earnings forecast at $56,652,648 and the highest earnings forecast at $56,652,648.

What is CHGG's revenue growth forecast for 2022-2024?

(NYSE: CHGG) CHEGG's forecast annual revenue growth rate of 7.93% is forecast to beat the US Education & Training Services industry's average forecast revenue growth rate of 1.35%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.17%.

CHEGG's revenue in 2022 is $780,131,000.On average, 9 Wall Street analysts forecast CHGG's revenue for 2022 to be $95,445,612,171, with the lowest CHGG revenue forecast at $95,050,554,370, and the highest CHGG revenue forecast at $96,444,209,518. On average, 8 Wall Street analysts forecast CHGG's revenue for 2023 to be $105,036,653,738, with the lowest CHGG revenue forecast at $100,464,029,652, and the highest CHGG revenue forecast at $110,914,554,842.

In 2024, CHGG is forecast to generate $127,096,691,407 in revenue, with the lowest revenue forecast at $114,204,185,286 and the highest revenue forecast at $140,574,104,648.

What is CHGG's forecast return on assets (ROA) for 2022-2025?

(NYSE: CHGG) forecast ROA is N/A, which is lower than the forecast US Education & Training Services industry average of 5.1%.

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 $27.60, with the highest CHGG stock price forecast at $37.00 and the lowest CHGG stock price forecast at $18.00.

On average, Wall Street analysts predict that CHEGG's share price could reach $27.60 by May 3, 2023. The average CHEGG stock price prediction forecasts a potential upside of 42.71% from the current CHGG share price of $19.34.

What is CHGG's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CHGG) CHEGG's current Earnings Per Share (EPS) is $0.49. On average, analysts forecast that CHGG's EPS will be $0.23 for 2022, with the lowest EPS forecast at $0.00, and the highest EPS forecast at $0.50. On average, analysts forecast that CHGG's EPS will be $0.47 for 2023, with the lowest EPS forecast at $0.22, and the highest EPS forecast at $0.71. In 2024, CHGG's EPS is forecast to hit $0.45 (min: $0.45, max: $0.45).

What is CHGG's forecast return on equity (ROE) for 2022-2025?

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