Chegg, Inc. (CHGG): A Bull Case Theory [Yahoo! Finance]
Chegg, Inc. (CHGG)
Last chegg, inc. earnings: 2/10 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.chegg.com/overview/default.aspx
Company Research
Source: Yahoo! Finance
Chegg, Inc. (CHGG)'s share was trading at $2.4 as of Dec 6 th . CHGG's forward P/E was 1.84 according to Yahoo Finance. A student, their laptop open, using the companies learning platform. Chegg, once a dominant force in the educational technology sector, has been thrust into a precarious position, with its stock trading at just 0.38 times sales, a valuation signaling imminent bankruptcy. This drastic market reaction stems largely from the disruption caused by ChatGPT and other large language models (LLMs), which have undermined Chegg's SEO-based traffic moat and altered customer expectations. As students increasingly turn to free AI-powered tools for study assistance, global nonsubscriber traffic to Chegg has plummeted, falling 37% year-over-year in October 2024. Despite these headwinds, a deeper analysis reveals that the market may be underestimating Chegg's resilience and potential for reinvention, making it a compelling, albeit risky, investment opportunity. While LLMs have
Show less
Read more
Impact Snapshot
Event Time:
CHGG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CHGG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CHGG alerts
High impacting Chegg, Inc. news events
Weekly update
A roundup of the hottest topics
CHGG
News
- Q3 Consumer Subscription Earnings: Duolingo (NASDAQ:DUOL) Earns Top Marks [Yahoo! Finance]Yahoo! Finance
- 2 Beaten-Down Stocks to Avoid in 2025 and Beyond [Yahoo! Finance]Yahoo! Finance
- Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08Business Wire
- How AI And Trump's Education Policies Are Reshaping Ed-Tech [Forbes]Forbes
- Yurts raises $40 million to be the DoD's AI Chatbot [TechCrunch]TechCrunch
CHGG
Earnings
- 11/12/24 - Beat
CHGG
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- CHGG's page on the SEC website