What 8 Analyst Ratings Have To Say About Chegg
Analysts have provided the following ratings for Chegg (NYSE:CHGG) within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat…
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3 Chegg Analysts Are Disappointed With Guidance: Are ChatGBT, AI Apps A Threat?
Shares of education tech firm Chegg Inc (NYSE: CHGG) plummeted in early trading on Tuesday, after the company reported quarterly results and guidance.
Why Chegg (CHGG) Shares Are Getting Hammered
Chegg Inc (NYSE: CHGG) shares are trading lower by 21.11% to $16.59 Tuesday morning after the company issued weak first-quarter and FY23 guidance.
What Happened?
Northland Capital Markets Maintains Outperform on Chegg, Lowers Price Target to $24
Northland Capital Markets analyst Mike Grondahl maintains Chegg (NYSE:CHGG) with a Outperform and lowers the price target from $35 to $24.
Piper Sandler Maintains Neutral on Chegg, Lowers Price Target to $17
Piper Sandler analyst Arvind Ramnani maintains Chegg (NYSE:CHGG) with a Neutral and lowers the price target from $24 to $17.
Why Chegg Shares Are Falling
Chegg Inc (NYSE: CHGG) shares are trading lower by 21.54% to $16.50 during Monday's after-hours session after the company reported fourth-quarter financial results and issued first-quarter and FY23 guidance.
Chegg Q4 EPS $0.40 Beats $0.38 Estimate, Sales $205.20M Beat $202.06M Estimate
Chegg (NYSE:CHGG) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.38 by 5.26 percent. This is a 5.26 percent increase over earnings of $0.38 per share from the same period