In last trading session, Chegg Inc (NYSE:CHGG) saw 3.43 million shares changing hands with its beta currently measuring 1.67. Company’s recent per share price level of $0.83 trading at $0.03 or 3.83% at ring of the bell on the day assigns it a market valuation of $88.75M. That closing price of CHGG’s stock is at a discount of -483.13% from its 52-week high price of $4.84 and is indicating a premium of 46.99% from its 52-week low price of $0.44. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.74 million shares which gives us an average trading volume of 3.16 million if we extend that period to 3-months.
For Chegg Inc (CHGG), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 4.20. Splitting up the data highlights that, out of 15 analysts covering the stock, 6 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Chegg Inc (NYSE:CHGG) trade information
Upright in the green during last session for gaining 3.83%, in the last five days CHGG remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $0.83 price level, adding 0.34% to its value on the day. Chegg Inc’s shares saw a change of -48.27% in year-to-date performance and have moved 16.69% in past 5-day. Chegg Inc (NYSE:CHGG) showed a performance of 69.86% in past 30-days. Number of shares sold short was 10.3 million shares which calculate 4.63 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 20 to the stock, which implies a rise of 95.85% to its current value. Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 110. It follows that stock’s current price would drop -80.72% in reaching the projected high whereas dropping to the targeted low would mean a loss of -80.72% for stock’s current value.
Chegg Inc (CHGG) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -151.46% during past 5 years.
Chegg Inc (NYSE:CHGG)’s Major holders
Insiders are in possession of 3.91% of company’s total shares while institution are holding 73.56 percent of that, with stock having share float percentage of 76.55%. Investors also watch the number of corporate investors in a company very closely, which is 73.56% institutions for Chegg Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at CHGG for having 11.47 million shares of worth $36.24 million. And as of 2024-06-30, it was holding 11.1786 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 9.41 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.1669 of outstanding shares, having a total worth of $29.72 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 3.12 shares of worth $2.6 million or 2.96% of the total outstanding shares. The later fund manager was in possession of 2.67 shares on Mar 31, 2025 , making its stake of worth around $2.22 million in the company or a holder of 2.53% of company’s stock.
