Chegg (CHGG) Beats Q2 Earnings and Revenue Estimates
Chegg (CHGG) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.28 per share a year ago.
Chegg follows Udemy in calling for tougher times ahead for edtech companies
Shares of Chegg Inc. dropped more than 17% in the after-hours session Monday after the edtech company reported better-than-expected second-quarter results but guided for lower revenue in the current quarter on the shadow of AI.
Why Chegg Stock Is Soaring Today
Morgan Stanley raised its rating on Chegg stock from underweight to equal weight. But the analyst lowered his one-year price target on the stock from $6.50 per share to $3.25 per share.
CHGG or SMAR: Which Is the Better Value Stock Right Now?
Investors with an interest in Internet - Software stocks have likely encountered both Chegg (CHGG) and Smartsheet (SMAR). But which of these two stocks presents investors with the better value opportunity right now?
3 Stocks That Could Bounce Back in the Second Half of 2024
UiPath is down 49% this year, but analysts see a return to growth next year. A new CEO and recent layoffs could stabilize Chegg, a stock that is trading for just 3 times earnings.
My Top Stock to Avoid in 2024
This business was devastated by the launch of ChatGPT, and it may never recover.
Chegg (CHGG) to Boost Growth With New Restructuring Plan
Chegg (CHGG) announces its plans to restructure and execute new strategies to increase its growth prospects and operational excellence.
Why Chegg Stock Is Up Big Today
Chegg announced it was cutting 23% of its workforce as part of a broader rethinking of the business. The education company has been hit hard by AI but is plotting its comeback using its own computer-assisted models.
Chegg Layoffs 2024: What to Know About the Latest Chegg Job Cuts
Chegg (NYSE: CHGG ) layoffs are a hot topic on Tuesday after the direct-to-student learning platform operator announced a restructuring plan. The Chegg layoffs will have the company cutting 23% of its global workforce.
Chegg says it's doubling down on students while cutting nearly a quarter of its staff
The digital-education platform Chegg Inc. on Monday said it would slash nearly a quarter of its staff, a move it said would free up space for longer-term investments as it tries to offer more than just academic guidance to students and use more artificial intelligence.
1 Tech Stock Under $20 to Buy and 1 to Avoid
Snap and Chegg are trading for less than $20 per share. Snap's ecosystem keeps expanding while it searches for new growth avenues.
1 Stock I Wouldn't Touch With a 10-Foot Pole
The advent and increasing availability of large language models has disrupted the viability of this business.
