Consumer Defensive · Education & Training Services
Price
$1.13
Market Cap
$126.5M
Employees
1,241
Beta
2.16
Avg Volume
2,014,969
CEO
Daniel Lee Rosensweig
Business Description
Chegg, Inc. is an educational technology company that provides a direct-to-student learning platform. Its purpose is to assist students throughout their academic studies and into their professional lives, offering resources designed to deepen their comprehension of course content. The company's services generally fall into two main categories: its subscription-based "Chegg Services" and essential academic materials, including physical and digital textbooks. Among its subscription offerings, Chegg presents several key products: Chegg Study: Helps students independently grasp challenging academic concepts. Chegg Writing: Delivers a comprehensive suite of tools, such as plagiarism detection, grammar and writing style improvements, tailored expert feedback, and advanced citation generation. Chegg Math: A step-by-step solver and calculator for mathematical problems. Chegg Study Pack: Bundles Chegg Study, Chegg Writing, and Chegg Math Solver into an integrated platform for holistic academic support. Busuu: An online language learning solution that combines self-paced lessons, live tutoring sessions with experts, and opportunities to practice with a community of learners. Thinkful: A skills-focused learning platform offering professional development courses, along with networking, interview coaching, and career assistance. Beyond these, Chegg also provides other services like Chegg Life, Chegg Prep, and Chegg Internships, in addition to training for personal and professional skill development. The company also manages the rental and sale of both print and eTextbooks. Chegg, Inc. was established in 2005 and is based in Santa Clara, California.
Business History
Price Overview
Last updated: Jun 27, 2026 9:03am (just now)$1.13
+0.08 (+7.62%)
Day Range
$1.02 – $1.13
52-Week Range
$0.45 – $1.90
50-Day MA
$1.15
200-Day MA
$1.01
Volume
1,272,834.00
Analyst Price Targets
Low
$1.50
Consensus
$30.42
High
$110.00
(32 analysts)
Share Structure
Outstanding
111,958,838.00
Float
102,309,106.00
Free Float
91.4%
High free float
— 91.4% of shares trade freely, ~8.6% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-1.18
Stock Price: $1.13
EPS (Diluted): -0.96
EPS (Diluted): -0.96
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
0.84
Stock Price: $1.13
Total Equity: $119.62M
Shares: 107,484,000
Total Equity: $119.62M
Shares: 107,484,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
10.94
Market Cap: $126.51M
Total Debt: $68.97M
Cash: $31.15M
EBITDA: -$20.92M
Total Debt: $68.97M
Cash: $31.15M
EBITDA: -$20.92M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$153.0M
Market Cap: $126.51M
Total Debt: $68.97M
Cash: $31.15M
Total Debt: $68.97M
Cash: $31.15M
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
0.27
Stock Price: $1.13
Revenue: $376.91M
Shares: 107,484,000
Revenue: $376.91M
Shares: 107,484,000
EV/Sales (Total value vs revenue — works when P/E can't)
API0.41
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
60.2%
Gross Profit: $226.86M
Revenue: $376.91M
Revenue: $376.91M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
-16.8%
Operating Income: -$63.32M
Revenue: $376.91M
Revenue: $376.91M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-27.4%
Net Income: -$103.42M
Revenue: $376.91M
Revenue: $376.91M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
-62.9%
Net Income: -$103.42M
Total Equity: $119.62M
Total Equity: $119.62M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
-20.2%
Operating Income: -$63.32M
Tax Rate: -3.3%
Equity: $119.62M
Total Debt: $68.97M
Cash: $31.15M
Tax Rate: -3.3%
Equity: $119.62M
Total Debt: $68.97M
Cash: $31.15M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.86
Current Assets: $120.42M
Current Liabilities: $139.76M
Current Liabilities: $139.76M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.58
Short-Term Debt: $53.77M
Long-Term Debt: $15.21M
Total Debt: $68.97M
Total Equity: $119.62M
Long-Term Debt: $15.21M
Total Debt: $68.97M
Total Equity: $119.62M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$3.51
Revenue: $376.91M
Shares: 107,484,000
Shares: 107,484,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$1.11
Total Equity: $119.62M
Shares: 107,484,000
Shares: 107,484,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-0.12
Operating CF: $15.49M
CapEx: -$28.12M
Shares: 107,484,000
CapEx: -$28.12M
Shares: 107,484,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $1.13
Stock Price: $1.13
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$103.42M
Net Income: -$103.42M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares CHGG against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 24, 2026 9:34am (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $776.3M | $766.9M | $716.3M | $617.6M | $376.9M |
| Cost of Revenue | $254.9M | $197.4M | $225.9M | $180.9M | $150.1M |
| Gross Profit | $521.4M | $569.5M | $490.4M | $436.6M | $226.9M |
| Operating Expenses | $443.3M | $560.5M | $558.1M | $1.2B | $290.2M |
| Operating Income | $78.1M | $9.0M | -$67.7M | -$737.1M | -$63.3M |
| Net Income | -$1.5M | $266.6M | $18.2M | -$837.1M | -$103.4M |
| EBITDA | $86.8M | $201.6M | $183.8M | -$607.4M | -$20.9M |
| EPS | $-0.01 | $2.09 | $-0.37 | $-8.10 | $-0.96 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 24, 2026 9:34am (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $854.1M | $473.7M | $135.8M | $161.5M | $31.1M |
| Total Current Assets | $1.6B | $1.1B | $414.8M | $437.6M | $120.4M |
| Total Assets | $2.9B | $2.5B | $1.7B | $869.0M | $276.8M |
| Current Liabilities | $114.3M | $138.9M | $518.5M | $528.3M | $139.8M |
| Long-Term Debt | $1.7B | $1.2B | $242.8M | $127.3M | $15.2M |
| Total Liabilities | $1.8B | $1.3B | $782.6M | $676.0M | $157.2M |
| Total Equity | $1.1B | $1.1B | $944.6M | $193.0M | $119.6M |
| Retained Earnings | -$337.2M | -$70.6M | -$52.4M | -$889.4M | -$992.9M |
Cash Flow (Annual)
Last updated: Jun 24, 2026 9:34am (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $273.2M | $255.7M | $246.2M | $125.2M | $15.5M |
| Capital Expenditure | -$94.2M | -$103.1M | -$83.1M | -$75.0M | -$28.1M |
| Free Cash Flow | $179.0M | $152.6M | $163.1M | $50.3M | -$12.6M |
| Acquisitions (net) | -$7.9M | -$407.1M | -$11.9M | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$300.0M | -$323.5M | -$334.8M | -$2.6M | $0 |
| Net Change in Cash | $374.2M | -$380.0M | -$337.9M | $26.4M | -$130.9M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 9:44pm (11h ago)| Metric | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| Revenue |
$616.1M $615.8M – $616.5M
|
$375.3M $375.1M – $375.5M
|
$202.4M $198.5M – $206.4M
|
$173.6M $170.2M – $177.0M
|
| EBITDA |
-$50.3M -$50.3M – -$50.2M
|
-$30.6M -$30.6M – -$30.6M
|
-$16.5M -$16.8M – -$16.2M
|
-$14.2M -$14.4M – -$13.9M
|
| Net Income |
$78.7M $68.3M – $89.1M
|
-$6.2M -$13.3M – $951,187
|
-$13.9M -$14.2M – -$13.5M
|
-$11.4M -$11.7M – -$11.1M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 24, 2026 9:34am (2d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -1.2% | -6.6% | -13.8% | -39.0% |
| Gross Profit Growth | +9.2% | -13.9% | -11.0% | -48.0% |
| Operating Income Growth | -88.5% | -856.1% | -988.4% | +91.4% |
| Net Income Growth | +18,387.9% | -93.2% | -4,704.3% | +87.6% |
| EBITDA Growth | +132.3% | -8.8% | -430.5% | +96.6% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-16 | BUDIG RENEE VARNI | A-Award | 119,784.00 | $0.00 | $0 |
| 2026-06-16 | Martin Marcela | A-Award | 119,784.00 | $0.00 | $0 |
| 2026-06-16 | Levine Marne L. | A-Award | 119,784.00 | $0.00 | $0 |
| 2026-06-16 | SCHLEIN TED | A-Award | 119,784.00 | $0.00 | $0 |
| 2026-06-12 | ROSENSWEIG DANIEL | F-InKind | 1,956.00 | $1.11 | $2,171 |
| 2026-06-12 | ROSENSWEIG DANIEL | F-InKind | 6,337.00 | $1.11 | $7,034 |
| 2026-06-12 | SCHLEIN TED | A-Award | 55,000.00 | $0.00 | $0 |
| 2026-06-12 | ROSENSWEIG DANIEL | S-Sale | 1,956.00 | $1.11 | $2,171 |
| 2026-06-12 | ROSENSWEIG DANIEL | S-Sale | 6,337.00 | $1.11 | $7,034 |
| 2026-06-12 | BUDIG RENEE VARNI | A-Award | 55,000.00 | $0.00 | $0 |
| 2026-06-12 | Martin Marcela | A-Award | 55,000.00 | $0.00 | $0 |
| 2026-06-12 | Levine Marne L. | A-Award | 55,000.00 | $0.00 | $0 |
| 2026-04-12 | Longo David | F-InKind | 63,600.00 | $0.80 | $50,880 |
| 2026-03-12 | ROSENSWEIG DANIEL | F-InKind | 7,004.00 | $0.57 | $3,995 |
| 2026-02-13 | ROSENSWEIG DANIEL | P-Purchase | 100,000.00 | $0.56 | $56,360 |
| 2026-01-12 | Longo David | F-InKind | 1,815.00 | $0.92 | $1,670 |
| 2026-01-12 | Longo David | F-InKind | 262,923.00 | $0.92 | $241,889 |
| 2025-12-12 | ROSENSWEIG DANIEL | F-InKind | 6,337.00 | $0.92 | $5,830 |
| 2025-11-17 | Martin Marcela | A-Award | 115,132.00 | $0.00 | $0 |
| 2025-11-17 | Levine Marne L. | A-Award | 115,132.00 | $0.00 | $0 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for CHGG — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30