Chegg (CHGG) PT Lowered to $30 at Jefferies

Chegg (CHGG) PT Lowered to $18 at Craig-Hallum

Craig-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

William 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.

'One Step Forward and Two Steps Back': Chegg (CHGG) Stock Crashes 35% After Cutting Outlook, Analyst Downgrades to Neutral

Shares 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

JPMorgan 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

Stocks expected to have increasing option volume: CHGG MRNA CROX W SHOP RCL

Chegg (CHGG) PT Lowered to $20 as Morgan Stanley Lacks Visibility into Stable Growth

Morgan 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

(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...)

After-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