CHGG Chart
About

Chegg, Inc. provides individualized learning support to students that helps build essential academic, life, and job skills to achieve success in the United States and internationally. Its subscription services include Chegg Study, which offers personalized step-by-step learning support from AI, computational engines, and subject matter experts; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation; Chegg Math, a step-by-step math problem solver and calculator that helps students to solve problems; Chegg Study Pack, a bundle of various subscription product offerings, including Chegg Study, Chegg Writing, and Chegg Math services; and Busuu, a language learning platform that offers comprehensive support through self-paced lessons, live classes with expert tutors, and a community of members to practice alongside. The company also provides a skills-based learning platform to learn technical skills comprising AI, coding, data analytics, and cybersecurity, as well as competencies consisting of emotional intelligence, mindset, emerging leadership, and decision making. In addition, it rents and sells print textbooks and eTextbooks; and offers advertising services. The company serves students and companies through direct marketing channels and social media. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.

Fundamentals
Scroll to Statements
Sector Consumer Defensive Industry Education & Training Ser Market Cap 71.52M
Enterprise Value 67.67M Income -103.42M Sales 376.91M
Book/sh 1.08 Cash/sh 0.66 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E — Forward P/E -3.04 PEG —
P/S 0.19 P/B 0.60 P/C —
EV/EBITDA 4.42 EV/Sales 0.18 Quick Ratio 0.63
Current Ratio 0.86 Debt/Eq 57.66 LT Debt/Eq —
EPS (ttm) -0.96 EPS next Y -0.21 EPS Growth —
Revenue Growth -49.40% Earnings 2026-04-30 ROA -6.91%
ROE -66.17% ROIC — Gross Margin 60.19%
Oper. Margin -18.87% Profit Margin -27.44% Shs Outstand 110.99M
Shs Float 99.95M Short Float 5.80% Short Ratio 5.45
Short Interest — 52W High 1.90 52W Low 0.44
Beta 1.98 Avg Volume 1.46M Volume 834.60K
Target Price $2.79 Recom None Prev Close $0.63
Price $0.64 Change 3.09%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$2.79
Mean price target
2. Current target
$0.64
Latest analyst target
3. DCF / Fair value
$6.33
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.64
Low
$2.00
High
$4.00
Mean
$2.79

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-10 reit Needham Hold → Hold —
2025-05-12 reit Needham Hold → Hold —
2025-04-08 down JP Morgan Neutral → Underweight —
2025-02-25 main Piper Sandler Underweight → Underweight $1
2025-02-25 reit Needham Hold → Hold —
2025-01-16 reit Needham Hold → Hold —
2025-01-14 down Morgan Stanley Equal-Weight → Underweight $1
2024-11-14 main Goldman Sachs Neutral → Neutral $2
2024-11-14 main Piper Sandler Underweight → Underweight $2
2024-11-13 main Craig-Hallum Hold → Hold $2
2024-11-13 main Northland Capital Markets Market Perform → Market Perform $3
2024-11-13 reit Needham — → Hold —
2024-10-21 main Northland Capital Markets Market Perform → Market Perform $4
2024-08-07 main Craig-Hallum Hold → Hold $3
2024-08-06 up Goldman Sachs Sell → Neutral $4
2024-08-06 main Morgan Stanley Equal-Weight → Equal-Weight $3
2024-08-06 main Northland Capital Markets Market Perform → Market Perform $6
2024-08-06 main Piper Sandler Underweight → Underweight $2
2024-08-06 reit Needham — → Hold —
2024-07-16 up Morgan Stanley Underweight → Equal-Weight $3
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 100000 56360 — Purchase at price 0.56 per share. ROSENSWEIG DANIEL L Chief Executive Officer — 2026-02-13 00:00:00 D
1 115132 — — Stock Award(Grant) at price 0.00 per share. SCHLEIN TED Director — 2025-11-17 00:00:00 D
2 5500000 — — Stock Award(Grant) at price 0.00 per share. ROSENSWEIG DANIEL L Officer and Director — 2025-11-17 00:00:00 D
3 115132 — — Stock Award(Grant) at price 0.00 per share. BUDIG RENEE VARNI Director — 2025-11-17 00:00:00 D
4 115132 — — Stock Award(Grant) at price 0.00 per share. MARTIN MARCELA K Director — 2025-11-17 00:00:00 D
5 1000000 — — Stock Award(Grant) at price 0.00 per share. LONGO DAVID Chief Financial Officer — 2025-11-17 00:00:00 D
6 115132 — — Stock Award(Grant) at price 0.00 per share. LEVINE MARNE L Director — 2025-11-17 00:00:00 D
7 27973 39554 — Sale at price 1.41 per share. BUDIG RENEE VARNI Director — 2025-06-06 00:00:00 D
8 55000 — — Stock Award(Grant) at price 0.00 per share. SCHLEIN TED Director — 2025-06-04 00:00:00 D
9 55000 — — Stock Award(Grant) at price 0.00 per share. SARNOFF RICHARD Director — 2025-06-04 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-137.33M16.85M18.58M-19.71M
TaxRateForCalcs0.210.210.210.27
NormalizedEBITDA46.54M103.58M113.12M159.75M
TotalUnusualItems-653.97M80.22M88.47M-72.98M
TotalUnusualItemsExcludingGoodwill-653.97M80.22M88.47M-72.98M
NetIncomeFromContinuingOperationNetMinorityInterest-837.07M18.18M266.64M-1.46M
ReconciledDepreciation78.34M129.72M91.61M74.13M
ReconciledCostOfRevenue180.93M225.94M197.40M254.90M
EBITDA-607.43M183.80M201.59M86.77M
EBIT-685.78M54.09M109.99M12.63M
NetInterestIncome25.46M33.64M6.39M-196.00K
InterestExpense2.59M3.77M6.04M6.90M
InterestIncome28.05M37.41M12.43M6.70M
NormalizedIncome-320.43M-45.19M196.75M51.82M
NetIncomeFromContinuingAndDiscontinuedOperation-837.07M18.18M266.64M-1.46M
TotalExpenses677.44M780.42M757.94M698.16M
TotalOperatingIncomeAsReported-737.11M-67.72M8.96M78.11M
DilutedAverageShares107.48M103.30M128.57M149.86M
BasicAverageShares107.48M103.30M116.50M127.56M
DilutedEPS-0.96-8.10-0.341.34
BasicEPS-0.96-8.100.162.09
DilutedNIAvailtoComStockholders-837.07M-43.51M201.19M-1.46M
AverageDilutionEarnings0.00-61.69M-65.44M0.00
NetIncomeCommonStockholders-837.07M18.18M266.64M-1.46M
NetIncome-837.07M18.18M266.64M-1.46M
NetIncomeIncludingNoncontrollingInterests-837.07M18.18M266.64M-1.46M
NetIncomeContinuousOperations-837.07M18.18M266.64M-1.46M
TaxProvision148.70M32.13M-162.69M7.20M
PretaxIncome-688.37M50.31M103.95M5.74M
OtherIncomeExpense-653.96M80.80M88.60M-72.17M
OtherNonOperatingIncomeExpenses11.00K579.00K126.00K810.00K
SpecialIncomeCharges-657.72M82.33M93.52M-78.15M
OtherSpecialCharges-19.52M-85.93M-93.52M78.15M
ImpairmentOfCapitalAssets677.24M3.60M0.00
GainOnSaleOfSecurity3.76M-2.11M-5.05M5.17M
NetNonOperatingInterestIncomeExpense25.46M33.64M6.39M-196.00K
InterestExpenseNonOperating2.59M3.77M6.04M6.90M
InterestIncomeNonOperating28.05M37.41M12.43M6.70M
OperatingIncome-59.87M-64.12M8.96M78.11M
OperatingExpense496.52M554.48M560.54M443.25M
ResearchAndDevelopment170.43M191.71M196.64M178.82M
SellingGeneralAndAdministration326.08M362.77M363.91M264.43M
SellingAndMarketingExpense108.33M126.59M147.66M105.41M
GeneralAndAdministrativeExpense217.76M236.18M216.25M159.02M
OtherGandA217.76M236.18M216.25M159.02M
GrossProfit436.65M490.35M569.50M521.36M
CostOfRevenue180.93M225.94M197.40M254.90M
TotalRevenue617.57M716.29M766.90M776.26M
OperatingRevenue617.57M716.29M766.90M776.26M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber104.88M102.82M126.47M136.95M
ShareIssued104.88M102.82M126.47M136.95M
NetDebt324.47M464.08M714.92M824.08M
TotalDebt504.46M617.90M1.20B1.70B
TangibleBookValue182.63M260.19M423.16M776.59M
InvestedCapital678.93M1.54B2.31B2.79B
WorkingCapital-90.78M-103.63M1.01B1.51B
NetTangibleAssets182.63M260.19M423.16M776.59M
CapitalLeaseObligations18.51M18.06M13.38M19.11M
CommonStockEquity192.98M944.62M1.12B1.11B
TotalCapitalization320.32M1.19B2.31B2.79B
TotalEquityGrossMinorityInterest192.98M944.62M1.12B1.11B
StockholdersEquity192.98M944.62M1.12B1.11B
GainsLossesNotAffectingRetainedEarnings-32.23M-34.74M-57.49M-5.33M
OtherEquityAdjustments-32.23M-34.74M-57.49M-5.33M
RetainedEarnings-889.44M-52.37M-70.55M-337.19M
AdditionalPaidInCapital1.11B1.03B1.24B1.45B
CapitalStock105.00K103.00K126.00K137.00K
CommonStock105.00K103.00K126.00K137.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest675.97M782.62M1.35B1.81B
TotalNonCurrentLiabilitiesNetMinorityInterest147.63M264.15M1.21B1.70B
OtherNonCurrentLiabilities1.78M3.33M7.99M7.38M
LongTermDebtAndCapitalLeaseObligation145.85M260.82M1.20B1.69B
LongTermCapitalLeaseObligation18.51M18.06M13.38M12.45M
LongTermDebt127.34M242.76M1.19B1.68B
CurrentLiabilities528.34M518.46M138.87M114.34M
CurrentDeferredLiabilities39.22M55.34M56.27M35.14M
CurrentDeferredRevenue39.22M55.34M56.27M35.14M
CurrentDebtAndCapitalLeaseObligation358.61M357.08M7.49M6.66M
CurrentCapitalLeaseObligation7.49M6.66M
CurrentDebt358.61M357.08M
OtherCurrentBorrowings358.61M357.08M
CurrentProvisions1.50M1.39M
PayablesAndAccruedExpenses130.52M106.05M82.60M71.15M
CurrentAccruedExpenses115.36M77.86M70.23M48.03M
Payables15.16M28.18M12.37M23.12M
TotalTaxPayable15.13M11.13M
AccountsPayable15.16M28.18M12.37M11.99M
TotalAssets868.95M1.73B2.47B2.92B
TotalNonCurrentAssets431.39M1.31B1.32B1.30B
OtherNonCurrentAssets14.53M28.38M20.61M19.67M
NonCurrentDeferredAssets964.00K141.84M167.52M1.36M
NonCurrentDeferredTaxesAssets964.00K141.84M167.52M1.36M
InvestmentsAndAdvances212.65M249.55M216.23M745.99M
OtherInvestments57.40M30.75M
InvestmentinFinancialAssets212.65M249.55M216.23M
HeldToMaturitySecurities134.17M192.15M185.48M
AvailableForSaleSecurities78.48M57.40M30.75M
GoodwillAndOtherIntangibleAssets10.35M684.42M693.43M330.33M
OtherIntangibleAssets10.35M52.43M78.33M40.57M
Goodwill0.00632.00M615.09M289.76M
NetPPE192.90M208.20M223.22M199.24M
AccumulatedDepreciation-293.10M-234.49M-200.05M-145.41M
GrossPPE486.00M442.69M423.27M344.65M
Leases8.21M10.86M10.86M19.91M
OtherProperties403.88M371.88M358.72M287.31M
MachineryFurnitureEquipment73.91M59.96M53.70M37.43M
Properties0.000.000.000.00
CurrentAssets437.56M414.83M1.14B1.62B
OtherCurrentAssets81.09M32.44M34.75M23.85M
PrepaidAssets17.10M20.98M28.48M35.09M
Receivables23.64M31.40M23.52M17.85M
AccountsReceivable23.64M31.40M23.52M17.85M
AllowanceForDoubtfulAccountsReceivable-190.00K-376.00K-394.00K-153.00K
GrossAccountsReceivable23.83M31.78M23.91M18.00M
CashCashEquivalentsAndShortTermInvestments315.72M330.01M1.06B1.55B
OtherShortTermInvestments154.25M194.26M583.97M691.78M
CashAndCashEquivalents161.47M135.76M473.68M854.08M
CashEquivalents132.76M90.71M440.14M823.75M
CashFinancial28.72M45.05M33.53M30.32M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow50.25M163.15M152.64M179.04M
RepurchaseOfCapitalStock-2.57M-334.81M-323.53M-300.00M
RepaymentOfDebt-96.52M-505.99M-401.20M-300.76M
IssuanceOfDebt0.000.00
IssuanceOfCapitalStock0.000.001.09B
CapitalExpenditure-74.95M-83.05M-103.09M-94.18M
InterestPaidSupplementalData449.00K741.00K875.00K1.05M
IncomeTaxPaidSupplementalData8.09M11.07M6.84M7.39M
EndCashPosition164.36M137.98M475.85M855.89M
BeginningCashPosition137.98M475.85M855.89M481.71M
EffectOfExchangeRateChanges-1.02M21.00K4.14M0.00
ChangesInCash27.41M-337.90M-384.18M374.18M
FinancingCashFlow-109.14M-852.77M-744.80M466.72M
CashFlowFromContinuingFinancingActivities-109.14M-852.77M-744.80M466.72M
NetOtherFinancingCharges-12.69M-16.14M-26.55M-32.87M
ProceedsFromStockOptionExercised2.64M4.17M6.48M8.89M
NetCommonStockIssuance-2.57M-334.81M-323.53M791.47M
CommonStockPayments-2.57M-334.81M-323.53M-300.00M
CommonStockIssuance0.000.001.09B
NetIssuancePaymentsOfDebt-96.52M-505.99M-401.20M-300.76M
NetLongTermDebtIssuance-96.52M-505.99M-401.20M-300.76M
LongTermDebtPayments-96.52M-505.99M-401.20M-300.76M
LongTermDebtIssuance0.000.00
InvestingCashFlow11.35M268.67M104.89M-365.77M
CashFlowFromContinuingInvestingActivities11.35M268.67M104.89M-365.77M
NetOtherInvestingChanges9.79M2.19M-2.22M
NetInvestmentPurchaseAndSale86.30M353.79M612.92M-261.48M
SaleOfInvestment257.25M991.73M1.34B1.43B
PurchaseOfInvestment-170.95M-637.94M-730.51M-1.69B
NetBusinessPurchaseAndSale0.00-11.85M-407.12M-7.89M
PurchaseOfBusiness0.00-11.85M-407.12M-7.89M
NetPPEPurchaseAndSale-74.95M-83.05M-103.09M-94.18M
SaleOfPPE8.71M
PurchaseOfPPE-74.95M-83.05M-103.09M-94.18M
OperatingCashFlow125.20M246.20M255.74M273.22M
CashFlowFromContinuingOperatingActivities125.20M246.20M255.74M273.22M
ChangeInWorkingCapital-21.77M-701.00K5.52M-5.12M
ChangeInOtherWorkingCapital-15.88M-1.58M7.54M2.52M
ChangeInOtherCurrentLiabilities-7.79M-11.34M-5.77M-5.61M
ChangeInOtherCurrentAssets1.13M10.83M14.56M16.39M
ChangeInPayablesAndAccruedExpense34.73M5.71M-24.25M8.44M
ChangeInAccruedExpense47.10M-7.34M-20.11M5.20M
ChangeInPayable-12.38M13.06M-4.14M3.24M
ChangeInAccountPayable-12.38M13.06M-4.14M3.24M
ChangeInPrepaidAssets-41.73M3.48M17.19M-21.85M
ChangeInReceivables7.77M-7.80M-3.75M-5.00M
ChangesInAccountReceivables7.77M-7.80M-3.75M-5.00M
OtherNonCashItems8.67M15.01M11.87M11.87M
StockBasedCompensation84.61M133.50M133.46M108.85M
AssetImpairmentCharge688.59M7.74M8.77M2.12M
DeferredTax143.32M26.57M-168.68M-1.10M
DeferredIncomeTax143.32M26.57M-168.68M-1.10M
DepreciationAmortizationDepletion78.34M129.72M91.61M74.13M
DepreciationAndAmortization78.34M129.72M91.61M74.13M
Depreciation78.34M129.72M91.61M74.13M
OperatingGainsLosses-19.49M-83.82M-93.45M83.94M
GainLossOnInvestmentSecurities27.00K2.11M9.68M-5.17M
NetForeignCurrencyExchangeGainLoss0.000.00-4.63M0.00
GainLossOnSaleOfPPE0.000.00-4.98M10.96M
NetIncomeFromContinuingOperations-837.07M18.18M266.64M-1.46M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CHGG
Date User Asset Broker Type Position Size Entry Price Patterns