Chegg Inc (NYSE:CHGG) shares, rose in value on Thursday, July 10, with the stock price down by -1.50% to the previous day’s close as strong demand from buyers drove the stock to $1.31.
Actively observing the price movement in the last trading, the stock closed the session at $1.33, falling within a range of $1.3 and $1.36. The value of beta (5-year monthly) was 1.777. Referring to stock’s 52-week performance, its high was $3.81, and the low was $0.44. On the whole, CHGG has fluctuated by -25.14% over the past month.
With the market capitalization of Chegg Inc currently standing at about $139.61 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 415.25M, with a low estimate of 100M and a high estimate of 110M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 103.13M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CHGG’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of CHGG currently trading nearly -4.76% and 15.96% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.92, while the 7-day volatility ratio is showing 6.90% which for the 30-day chart, stands at 10.26%. Furthermore, Chegg Inc (CHGG)’s beta value is 1.76.
A comparison of Chegg Inc (CHGG) with its peers suggests the former has fared considerably weaker in the market. CHGG showed an intraday change of -1.50% in last session, and over the past year, it shrunk by -18.63%%.
Data on historical trading for Chegg Inc (NYSE:CHGG) indicates that the trading volumes over the past 10 days have averaged 4.41 and over the past 3 months, they’ve averaged 3.60 million. According to company’s latest data on outstanding shares, there are 105.38 million shares outstanding.
Nearly 7.19% of Chegg Inc’s shares belong to company insiders and institutional investors own 63.11% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.77 million shares as on 2025-06-13, resulting in a short ratio of 1.62. According to the data, the short interest in Chegg Inc (CHGG) stood at 751.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 10.84 million. The stock has fallen by -54.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CHGG stock heading into the next quarter.
