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Chegg (CHGG)
NYSE:CHGG

Chegg Stock Forecast & Price Target

2,561 Followers
See the Price Targets and Ratings of:

Analyst Rating Consensus

Moderate Buy
11Ratings
4 Buy
7 Hold
0 Sell
Based on 11 analysts giving stock ratings to
Chegg
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

CHGG Stock Price Prediction

Average Price Target

$24.71
▲(14.77% Upside)
Based on 11 Wall Street analysts offering 12 month price targets for Chegg in the last 3 months. The average price target is $24.71 with a high forecast of $30.00 and a low forecast of $20.00. The average price target represents a 14.77% change from the last price of $21.53.
Highest Price Target$30.00Average Price Target$24.71Lowest Price Target$20.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Goldman Sachs
$20.00
Hold
-7.11%
Downside
Initiated
Chegg shares are trading higher after Goldman Sachs initiated coverage on the stock with a Neutral rating and a $20 price target.
Raymond James
Hold
Reiterated
5 Analysts Takeaways As Cheggs Stock Crashes After Q1 Earnings ReportRaymond James On Chegg: While reiterating a Market Perform rating for the company, analyst Brian Peterson saidthe reduction in guidance follows encouraging trends in the fourth quarter of 2021, with course intensity and enrollment trends providing more headwinds than originally anticipated.
KeyBanc
Hold
Reiterated
5 Analysts Takeaways As Cheggs Stock Crashes After Q1 Earnings ReportWhile International localization efforts seem to be progressing well, with several earlier than expected country launch announcements, the step back in growth recovery trends is disappointing, Celino said in a note to clients.
Craig-Hallum
$18.00
Hold
-16.40%
Downside
Reiterated
Chegg price target lowered to $18 from $35 at Craig-HallumChegg price target lowered to $18 from $35 at Craig-Hallum
William Blair
Hold
Downgraded
Cheggs dj vu outlook sends stock plunging as several onetime bulls jump shipWe continue to believe there could be a wide range of financial outcomes over the next few years, but are much less optimistic about the growth outlook from here with growing questions about the factors driving the slowdown, he wrote.
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CHGG Stock Forecast FAQ

What is CHGG’s average 12-month price target, according to analysts?
Based on analyst ratings, Chegg’s 12-month average price target is $24.71.
    What is CHGG’s upside potential, based on the analysts’ average price target?
    Chegg has 14.77% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is CHGG a Buy, Sell or Hold?
          Chegg has a conensus rating of Moderate Buy which is based on 4 buy ratings, 7 hold ratings and 0 sell ratings.
            What is Chegg’s price target?
            The average price target for Chegg is $24.71. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $30.00 ,the lowest forecast is $20.00. The average price target represents 14.77% Increase from the current price of $21.53.
              What do analysts say about Chegg?
              Chegg’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 11 Wall Streets Analysts.

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