
Chegg (CHGG) Stock Forecast & Price Target
Chegg (CHGG) Analyst Ratings
Bulls say
Chegg Inc. is positioned for a positive financial outlook due to its projected non-GAAP cost savings, anticipating between $45 million and $55 million for fiscal year 2025 and $100 million to $110 million for fiscal year 2026, in addition to $120 million in savings from restructuring initiatives in 2025. These strategic actions are focused on optimizing operations amid evolving market dynamics, particularly with the rise of generative AI in educational tools. The company's robust restructuring efforts suggest a commitment to enhancing long-term profitability while navigating industry challenges.
Bears say
Chegg Inc. reported a substantial year-over-year revenue decline of 30.4% in the first quarter of 2025, primarily driven by a significant drop in Subscription Services revenues, which fell 30.2%. Moreover, the company's non-GAAP operating margin of -9.7% was notably worse than expectations, reflecting pressures from lower gross margins. Looking ahead, Chegg's second quarter revenue guidance of $100 million to $102 million, including Subscription revenue projections below consensus estimates, suggests continued challenges in maintaining growth.
This aggregate rating is based on analysts' research of Chegg and is not a guaranteed prediction by Public.com or investment advice.
Chegg (CHGG) Analyst Forecast & Price Prediction
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