Chegg Inc. ($CHGG) Stock Forecast: Down 5.3% Today

What is Chegg Inc.?

Chegg (CHGG) operates as an online education company offering digital and physical textbook rentals, online tutoring, and additional student services. The online education sector appears competitive, with companies experiencing varying degrees of success.

Why is Chegg Inc. going down?

CHGG stock is down 5.3% on Jun 10, 2025 14:11

• Factors contributing to the bearish movement in Chegg's stock today include:
• Struggles with subscriber losses and AI-driven headwinds.
• Potential concerns about competitiveness within the online education industry.
• Negative investor sentiment due to comparison with a competitor demonstrating stronger growth and outlook.
• In conclusion, Chegg's downward movement today may be linked to challenges in retaining subscribers and managing technological obstacles, essential elements in the competitive online education field.

CHGG Price Chart

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Stride vs. Chegg: Which Online Education Stock is a Smarter Buy?

LRN leads with 20% enrollment growth and a bullish 2025 outlook, while CHGG struggles with subscriber losses and AI-driven headwinds.

https://www.zacks.com/stock/news/2490886/stride-vs-chegg-which-online-education-stock-is-a-smarter-buy

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Chegg Inc. Price History

03.00.2025 - CHGG Stock was down 5.4%

• Predictions from the options market suggest a potential increase in CHGG stock.
• This may indicate expected volatility in the stock price.
• Investors are advised to monitor options market activity for potential insights on future price changes.
• The rise in options activity could have influenced today's bearish movement in CHGG stock.

30.03.2025 - CHGG Stock was up 6.6%

• Stock surge possibly due to positive market sentiment and investor optimism.
• Strong bullish movement could be linked to the company's positive performance and growth outlook.
• Increase in user engagement and revenue generation efforts in the education technology sector may have boosted investor confidence in Chegg's growth potential.

08.04.2025 - CHGG Stock was up 6.0%

• Chegg (CHGG) likely experienced a bullish movement due to positive expectations for its Q1 performance, with estimations pointing towards strong potential for key metrics.
• Investors may be optimistic about Chegg's ability to surpass quarter expectations, leading to a rise in the stock price.
• Emphasis on crucial metrics beyond standard financial estimates suggests an anticipated strong performance in Chegg's overall business, boosting investor confidence and market optimism.

28.00.2025 - CHGG Stock was up 5.2%

• Chegg (CHGG) saw a significant bullish movement.
• This upward trend in Chegg's stock price could be linked to positive market sentiment and growing investor confidence.
• The mention of HubSpot (HUBS) experiencing a rise in stock value might have also contributed to the optimistic market sentiment, influencing Chegg's upward movement.
• Investors exhibit positivity towards the technology sector, resulting in heightened buying interest in companies such as Chegg and HubSpot.

12.04.2025 - CHGG Stock was up 5.1%

• Chegg (CHGG) reported a Q1 loss but exceeded revenue estimates, potentially boosting investor confidence in its growth potential.
• The positive performance of Chegg (CHGG) stands out amid a challenging market environment for other companies like Wolfspeed and MKS Instruments, which reported revenue declines and sluggish demand, respectively, showcasing Chegg's resilience and appeal to investors.
• Market sentiment towards Chegg (CHGG) appears favorable following its ability to surpass expectations and demonstrate growth potential, suggesting a promising future for the company.
• Chegg's (CHGG) notable bullish movement today likely reflects its strong revenue performance and positive outlook, setting it apart from companies facing market challenges.

19.01.2025 - CHGG Stock was up 5.8%

• Chegg's strong bullish movement today could be attributed to positive insights from Wall Street analysts regarding its Q4 earnings.
• The anticipation of Chegg potentially surpassing Wall Street's estimates for key metrics in the quarter ended December 2024 might have fueled investor optimism.
• The market's bullish response indicates that investors have confidence in Chegg's ability to continue its growth trajectory and meet or exceed expectations in the education technology sector.

25.01.2025 - CHGG Stock was down 26.2%

• Chegg (CHGG) stock plunged after reporting a 24% decrease in Q4 revenue and providing weak Q1 guidance. This negative financial outlook likely contributed to the bearish movement.
• The lawsuit against Google over AI search overviews could have added to investor concerns, as it signifies potential legal challenges and competition in the tech industry for Chegg.
• Despite meeting analyst consensus estimates for earnings and beating revenue estimates for the quarter, the overall market sentiment may have been influenced more by the revenue decline and weak guidance.
• Investors and traders might be cautious about Chegg's future performance, especially with uncertainties surrounding revenue growth and potential legal battles impacting the stock price negatively.

25.01.2025 - CHGG Stock was down 31.7%

• A decrease of 33% to 35% in Q1 revenue was disclosed by Chegg, falling short of what analysts had predicted, causing a negative market response.
• Uncertainty arose as Chegg explored strategic alternatives like acquisition or privatization, potentially influencing the bearish market sentiment.
• Legal actions against Alphabet's Google regarding AI search summaries may have raised doubts about Chegg's future revenue sources and competitive standing.
• Despite meeting expected earnings, the company's disappointing Q1 guidance and a 24% revenue drop in Q4 likely impacted investor trust, leading to a substantial decline in the stock price.

25.01.2025 - CHGG Stock was down 29.5%

• Earnings for the fourth quarter of the fiscal year 2024 were reported by Chegg to be lower than analysts' expectations, coupled with sales guidance for the first quarter also missing estimates. This financial performance led to a downward trend in the stock price.
• Chegg initiated legal action against Google, accusing the tech giant of using publishers' content unfairly in AI-generated search summaries. This lawsuit might have introduced uncertainty and pessimism surrounding the company, further influencing its stock value negatively.
• Despite meeting earnings and revenue forecasts, a 24% decrease in Q4 revenue and unimpressive Q1 guidance caused a significant decline in Chegg's stock price. Market participants likely reacted promptly to these numbers, resulting in the downward movement.
• Analysts and investors evaluating crucial metrics and insights from Chegg's Q4 earnings may have deemed the results and guidance unsatisfactory, leading to a sell-off in the stock.

10.05.2025 - CHGG Stock was down 5.3%

• Factors contributing to the bearish movement in Chegg's stock today include:
• Struggles with subscriber losses and AI-driven headwinds.
• Potential concerns about competitiveness within the online education industry.
• Negative investor sentiment due to comparison with a competitor demonstrating stronger growth and outlook.
• In conclusion, Chegg's downward movement today may be linked to challenges in retaining subscribers and managing technological obstacles, essential elements in the competitive online education field.

09.04.2025 - CHGG Stock was up 10.2%

• There was a strong bullish movement in Chegg (CHGG) today.
• This positive market movement could be linked to the exploration of Wall Street estimates for key metrics, suggesting a potential strong performance for the quarter.
• Earnings reports from MKS Instruments and Fortinet in the semiconductor and technology sectors might have also impacted investor sentiment towards tech companies like Chegg in a positive manner.
• The bullish trend for Chegg could be due to optimistic market expectations and positive industry performance in related sectors.

09.04.2025 - CHGG Stock was down 5.0%

• Today, Chegg (CHGG) witnessed a downward trend in its stock price, possibly because investors were disappointed with the company's performance in comparison to Wall Street projections.
• The market's negative response could be attributed to Chegg falling short of Q1 expectations, resulting in investors selling off their shares.
• While other companies like Fortinet and MKS Instruments reported positive earnings, Chegg's results were not as impressive, leading to a decline in its stock value.
• Concerns over Chegg's future growth and earnings prospects may have contributed to a bearish outlook among investors.