Summary
CHGG Chart
Chegg Stock Soared 72% in the Past 3 Months: Should You Buy the High?
Chegg, Inc. CHGG has surged 71.8% in the past three months, significantly outperforming the Zacks Internet - Software industry, the Zacks Computer and Technology sector and the S&P 500 Index. The prospects of this California-based education technology company are advancing because of its Skilling business, which targets the rapidly expanding $40 billion workforce training market across AI, language learning and professional development.
Chegg, Inc. (CHGG) Shareholder/Analyst Call Prepared Remarks Transcript
Chegg, Inc. (CHGG) Shareholder/Analyst Call Prepared Remarks Transcript
Is Chegg (CHGG) Stock Outpacing Its Computer and Technology Peers This Year?
Here is how Chegg (CHGG) and Flex (FLEX) have performed compared to their sector so far this year.
Chegg Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Point72 Asset Management LP Point72 Asset Management LP | 56,631 | $50,347.67 | $47,224.59 | -$3,123.08 | -6.2% |
 Brian Baylis Bell Investment Advisors Inc. | 114 | $2,567.13 | $94.87 | -$2,472.26 | -96.3% |
 Candace Cavalier Congress Wealth Management LLC / DE / | 20,000 | $12,784 | $16,524 | $3,740 | 29.26% |
 Ana-Maria Ignat Covestor Ltd | 5,947 | $8,829.3 | $4,911.03 | -$3,918.27 | -44.38% |
 Michael Byun SageView Advisory Group LLC | 4 | $3.72 | $3.28 | -$0.44 | -11.83% |
Chegg Inc. (CHGG) FAQ
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Chegg Inc. Profile
| Diversified Consumer Services Industry | Consumer Discretionary Sector | Daniel Lee Rosensweig CEO | NYSE Exchange | 163092109 CUSIP |
| US Country | 595 Employees | - Last Dividend | - Last Split | 13 Nov 2013 IPO Date |
Overview
Chegg, Inc. is a prominent player in the educational technology sector, providing a comprehensive direct-to-student learning platform designed to empower learners by equipping them with crucial life and job skills. This accelerates students' progression from learning programs to practical application, both across the United States and internationally. The platform's success hinges on its array of subscription services, resources for rent and purchase, and advertisement offerings. Founded in 2005 and based in Santa Clara, California, Chegg has established itself as a critical resource for students and companies, leveraging direct marketing tactics and social media to reach its audience.
Products and Services
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Chegg Study:
This service offers personalized learning support through artificial intelligence, computational engines, and subject matter experts. It includes specialized offerings like Tinger Gold and DashPash Student services, catering to students' needs for step-by-step guidance.
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Chegg Writing:
Helps students enhance their writing skills with a comprehensive toolset, including plagiarism detection, grammar and writing fluency checks, expert writing feedback, and premium citation generation. This service aims to improve the overall quality of students' written work.
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Chegg Math:
Aided by a step-by-step problem solver and calculator, Chegg Math makes solving complex math problems more manageable, supporting students in developing their math skills effectively.
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Chegg Study Pack:
This bundle amalgamates various subscription products such as Chegg Study, Chegg Writing, and Chegg Math, offering a comprehensive solution that addresses multiple academic needs.
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Busuu:
An online language learning platform that provides extensive support through self-paced lessons, live classes with expert tutors, and a community of fellow learners for practice. The goal is to facilitate language learning in an engaging and effective manner.
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Technical and Soft Skills Learning:
Chegg has expanded into skills-based learning platforms, enabling students to learn essential technical skills, including AI, coding, data analytics, and cybersecurity, as well as vital soft skills like emotional intelligence, mindset development, emerging leadership, and decision-making.
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Textbook Rental and Sales:
The company offers a range of options for acquiring textbooks, including both rental and purchase options, for print textbooks and eTextbooks. This service is designed to make accessing educational materials more convenient and affordable for students.
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Advertising Services:
Chegg also provides advertising opportunities, allowing other businesses to reach its substantial student audience through various channels.
