Chegg Inc. ($CHGG) Stock Forecast: Down 13.9% Today

What is Chegg Inc.?

Chegg (CHGG) is an education technology company that specializes in online tutoring, textbook rentals, and academic services. The stock has shown strong performance in recent times.

Why is Chegg Inc. going down?

CHGG stock is down 13.9% on Aug 6, 2025 14:00

• Despite surpassing earnings and revenue projections in Q2, the stock witnessed a decline in value today.
• Investors may have been anticipating even better performance, resulting in a sell-off following the earnings announcement.
• Market sentiment might have changed due to concerns about future growth prospects or external market conditions affecting the stock's value.
• It is feasible that investors who had gained significantly from the stock decided to take profits, contributing to the downward movement.

CHGG Price Chart

CHGG Technical Analysis

CHGG News

Chegg ( CHGG ) Q2 Earnings and Revenues Beat Estimates

Chegg (CHGG) delivered earnings and revenue surprises of +143.48% and +3.66%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2669773/chegg-chgg-q2-earnings-and-revenues-beat-estimates

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Chegg Inc. Price History

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.

25.06.2025 - CHGG Stock was up 6.0%

• The bullish movement in CHGG could be attributed to the shifting landscape in K-12 education, as highlighted in the discussion around Stride's (LRN) growth in revenue and enrollment.
• Investors may be optimistic about CHGG's potential to capitalize on the changing education sector, leading to increased demand for its online educational services.
• The positive outlook for online education companies like CHGG could be driving investor interest and fueling the bullish trend in the stock today.

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.

14.06.2025 - CHGG Stock was up 6.2%

• Chegg's bullish movement could be attributed to positive market sentiment towards the education technology sector.
• Mention of Stride's enrollment growth and efficient execution may have positively influenced investor confidence in the online education industry, benefiting companies like Chegg.
• Optimism about Chegg's potential for growth and revenue generation is on the rise, fueled by strong demand.
• The market's response indicates that Chegg's innovative services and solid positioning in the education technology market are resonating well with investors, propelling the stock price upwards.

06.07.2025 - CHGG Stock was down 13.9%

• Despite surpassing earnings and revenue projections in Q2, the stock witnessed a decline in value today.
• Investors may have been anticipating even better performance, resulting in a sell-off following the earnings announcement.
• Market sentiment might have changed due to concerns about future growth prospects or external market conditions affecting the stock's value.
• It is feasible that investors who had gained significantly from the stock decided to take profits, contributing to the downward movement.

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.