Chegg (CHGG) PT Lowered to $30 at Jefferies
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Chegg (CHGG) PT Lowered to $18 at Craig-Hallum
May 3, 2022 8:25 AM EDTCraig-Hallum analyst Alex Fuhrman lowered the price target on Chegg (NYSE: CHGG) to $18.00 (from $35.00) while maintaining a Buy rating.... More
William Blair Downgrades Chegg (CHGG) to Market Perform
May 3, 2022 6:42 AM EDTWilliam Blair analyst Stephen Sheldon downgraded Chegg (NYSE: CHGG) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Chegg click here. For more ratings news on Chegg click here.
Shares of Chegg closed at $24.98 yesterday.
... More'One Step Forward and Two Steps Back': Chegg (CHGG) Stock Crashes 35% After Cutting Outlook, Analyst Downgrades to Neutral
May 3, 2022 6:07 AM EDTShares of Chegg (NYSE: CHGG) are down more than 35% in premarket trading Tuesday after the company reduces its full-year revenue and adjusted EBITDA outlook.
Chegg reported first-quarter adjusted EPS of 32c, up from 28c in the year-ago period and beating the consensus estimates of 24c per share. Net revenue came in at $202.2 million, up 1.9% YoY, and missing the consensus estimates of $203.1 million.
For Q2, the education technology company expects net revenue in... More
Chegg (CHGG) PT Lowered to $22 at JPMorgan
May 3, 2022 5:40 AM EDTJPMorgan analyst Doug Anmuth lowered the price target on Chegg (NYSE: CHGG) to $22.00 (from $37.00) while maintaining a Neutral rating.... More
Stocks expected to have increasing option volume: CHGG MRNA CROX W SHOP RCL
May 3, 2022 5:33 AM EDTStocks expected to have increasing option volume: CHGG MRNA CROX W SHOP RCL
... MoreChegg (CHGG) PT Lowered to $20 as Morgan Stanley Lacks Visibility into Stable Growth
May 3, 2022 3:29 AM EDTMorgan Stanley analyst Josh Baer lowered the price target on Chegg (NYSE: CHGG) to $20.00 (from $37.00) after the company guided FY22 Services to only ~1% YoY organic growth.
The analyst reiterated an a Equalweight rating, stating "Q1 results provided more fuel for the... More
UPDATE: Piper Sandler Downgrades Chegg (CHGG) to Neutral
May 3, 2022 3:26 AM EDT(Updated - May 3, 2022 5:12 AM EDT)
Piper Sandler analyst Arvind Ramnani downgraded Chegg (NYSE: CHGG) from Overweight to Neutral with a price target of $21.00 (from $44.00).
The analyst comments "Cheggs results were disappointing, with a significant cut to full year... More
After-Hours Stock Movers 05/02: Monolithic Power, Avis Jump on Earnings; Chegg Sinks on Q2 Warning (more...)
May 2, 2022 6:02 PM EDTAfter-Hours Stock Movers:
Chegg (NYSE: CHGG) 31% LOWER; reported Q1 EPS of $0.32, $0.08 better than the analyst estimate of $0.24. Revenue for the quarter came in at $202.2 million versus the consensus estimate of $201.28 million. Chegg sees Q2 2022 revenue of $188-192 million, versus the consensus of $209.3 million.
Harmonic (NASDAQ: HLIT) 11% HIGHER; reported Q1 EPS of $0.08, $0.04 better than the analyst estimate of $0.04. Revenue for the quarter came in at $147.4 million versus the consensus estimate of $136.4 million. Harmonic sees Q2 2022 revenue... More
