CHGG Stock Summary and Trading Ideas (Chegg | NYSE:CHGG)

Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Subscription Services, which encompasses Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through the company's websites and on mobile devices, and Skills and Other, which encompasses skills, advertising services, print textbooks, and eTextbooks offerings.

Chegg trades on the NYSE stock market under the symbol CHGG.

As of March 4, 2025, CHGG stock price declined to $0.99 with 4,097,085 million shares trading.

CHGG has a beta of 0.32, meaning it tends to be less sensitive to market movements. CHGG has a correlation of 0.00 to the broad based SPY ETF.

CHGG has a market cap of $103.83 million. This is considered a Micro Cap stock.

Last quarter Chegg reported $143 million in Revenue and $.17 earnings per share. This beat revenue expectation by $1 million and met earnings estimates .

In the last 3 years, CHGG traded as high as $37.64 and as low as $.94.

The top ETF exchange traded funds that CHGG belongs to (by Net Assets): VTI, IWM, VXF, IWN, VCR.

CHGG has underperformed the market in the last year with a price return of -89.1% while the SPY ETF gained +13.9%. CHGG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -59.7% and -32.3%, respectively, while the SPY returned -4.2% and -5.4%, respectively.

CHGG support price is $.97 and resistance is $1.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CHGG shares will trade within this expected range on the day.