Analysts have clear opinions on CHGG.
There are 5 analysts on the Wall offering 12 month price targets for Chegg in the last 3 months. The average price target is $45.60 with a high forecast of $50.00 and a low forecast of $37.00. The average price target represents a 10.20% increase from the last price of $41.38.
Chegg, Inc. (CHGG) is followed by 5 analysts on the street.
Josh Baer from Morgan Stanley rates it a Buy with a target of $47.00.
Similarly, Last month Ryan MacDonald of Needham Reiterated a Buy with a target of $50.00.
The consensus on the street is Strong Buy.
What does Chegg, Inc.(CHGG) do ?
Chegg, Inc. engages in the operations of learning platform for students. It intends to empower students to take control of their education and help the students study, college admissions exams, accomplish their goals, get grades, and test scores. The firm offers required and non-required scholastic materials including textbooks in any format; access to online homework help and textbook solutions; course organization and scheduling; college and university matching tools; and scholarship connections. Its services include Chegg study, writing, tutors, and math solver. The company was founded by Osman Rashid and Aayush Phumbhra on July 29, 2005 and is headquartered in Santa Clara, CA.
Chegg, Inc. (CHGG) Insider Trades
Multiple company employees have indulged in significant insider trading. Chegg, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
CIO, CHIEF OUTCOMES OFFICER, Osier Michael A. : S – Sale(-$927,397) of CHGG in the trading session of 2020-01-13.
CIO, CHIEF OUTCOMES OFFICER Osier Michael A. : S – Sale(-$246,190) of CHGG in the trading session of 2020-01-08.
Dir York John E. : S – Sale+OE(-$388,200) of Chegg, Inc. in the trading session of 2020-01-06.
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