Chegg (CHGG) Tops Q1 EPS by 1c, Guidance Misses
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Northland Downgrades Chegg (CHGG) to Market Perform, 'ChatGPT Competition and CheggMate Response Will Take Time'
May 2, 2023 9:06 AM EDTNorthland Capital Markets analyst Mike Grondahl downgraded Chegg (NYSE: CHGG) from Outperform to Market Perform with a price target of $15.00.
The analyst comments "CHGG reported 1Q23 revenues, adj. EBITDA and adj. EPS of $187.6M, $57.6M and $0.27 vs. NS at $185.0M, $54.0M and $0.24. Subscription Services... More
