Chegg, Inc. (CHGG) News
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CHGG News Highlights
- For CHGG, its 30 day story count is now at 6.
- Over the past 25 days, the trend for CHGG's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about CHGG are EM, NOTE and EARN.
Latest CHGG News From Around the Web
Below are the latest news stories about CHEGG INC that investors may wish to consider to help them evaluate CHGG as an investment opportunity.
Tech stocks have taken the brunt of the stock market sell-off in 2022. That's creating an opportunity to buy these two tech stocks at cheap valuations. In this video, I highlight why Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Chegg (NYSE: CHGG) are the two top tech stocks to buy in October.
Needham analyst Ryan MacDonald upgraded Chegg (CHGG - Research Report) to a Buy today and set a price target of $28.00. The company's shares closed last Friday at $18.95.According to TipRanks, MacDonald is a 5-star analyst with an average return of 10.4% and a 46.44% success rate. MacDonald covers the Technology sector, focusing on stocks such as 2U, HubSpot, and Accolade.The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chegg with a $24.71 average price target.See Insiders’ Hot Stocks on TipRanks >> The company has a one-year high of $72.85 and a one-year low of $15.66. Currently, Chegg has an average volume of 1.76M.
Chegg said its services segment will generate up to $155 million in revenue in the third quarter. Needham thinks that's a conservative guess.
The Federal Reserve is raising interest rates to combat rising inflation. One of the side effects of the tightening of monetary policy could be an economic recession. This video will highlight why Chegg (NYSE: CHGG) is one growth stock that could do well in that scenario.
When recently asked to name a few such stocks, three Motley Fool contributors picked Netflix (NASDAQ: NFLX), Chegg (NYSE: CHGG) Lululemon Athletica (NASDAQ: LULU). John Ballard (Netflix): This has been a rough year for Netflix. To its credit, management has been open and candid with investors, attributing its problems to the growing adoption of connected-TV platforms and increasing competition from new streaming services, among other issues.
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By Tim Knight
Early in 2021, we examined the charts of public companies in the education sector in an article called Seven Smart Stocks. Let's look at how those stocks have fared in the intervening 18 months and see what lessons investors can learn.
The paragraphs in italics hearken back to observations from the origi...
The stock market is having a down year so far in 2022. Education technology stock Chegg (NYSE: CHGG) could be one of those aforementioned opportunities. Chegg runs a subscription business model where students pay between $15 to $20 per month.
Investing in growth companies and holding them for several years is an excellent strategy for increasing wealth.
Chegg (NYSE: CHGG) reported operating results on Aug. 4 that revealed a widening of its competitive advantage. The education technology company runs a subscription business for college students who pay to access its proprietary content. Chegg added millions of pieces of new material in its most recent quarter, making it harder for competitors to encroach on its business.
All of these undervalued stocks have above-average free cash flow yields and should rebound in the longer term.