Chegg (CHGG) Projected to Post Earnings on Wednesday

Chegg (NYSE:CHGG) is expected to be posting its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect Chegg to post earnings of ($0.03) per share and revenue of $66.8010 million for the quarter. Parties can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 4:30 PM ET.

Chegg (NYSE:CHGG) last released its earnings results on Monday, February 9th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.19) by $0.18. The business had revenue of $72.66 million for the quarter, compared to analyst estimates of $71.00 million. Chegg had a negative net margin of 27.44% and a negative return on equity of 18.30%. On average, analysts expect Chegg to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Chegg Trading Up 2.4%

CHGG stock traded up $0.03 during midday trading on Monday, hitting $1.15. The stock had a trading volume of 1,210,656 shares, compared to its average volume of 1,282,017. The firm has a market cap of $128.42 million, a P/E ratio of -1.20 and a beta of 2.12. Chegg has a 1-year low of $0.45 and a 1-year high of $1.90. The business has a fifty day moving average price of $0.76 and a two-hundred day moving average price of $0.87.

Institutional Trading of Chegg

Several institutional investors and hedge funds have recently bought and sold shares of the company. Qube Research & Technologies Ltd bought a new position in shares of Chegg during the 3rd quarter valued at $32,000. Jump Financial LLC bought a new stake in Chegg during the second quarter worth about $31,000. Hudson Bay Capital Management LP bought a new stake in Chegg during the second quarter worth about $36,000. BNP Paribas Financial Markets boosted its stake in Chegg by 564.8% during the third quarter. BNP Paribas Financial Markets now owns 34,060 shares of the technology company’s stock worth $51,000 after acquiring an additional 28,937 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in shares of Chegg in the fourth quarter worth approximately $49,000. 95.18% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CHGG shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Chegg in a report on Friday, March 27th. Needham & Company LLC reissued a “hold” rating on shares of Chegg in a research report on Tuesday, February 10th. Finally, Zacks Research downgraded shares of Chegg from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce”.

About Chegg

Chegg, Inc (NYSE: CHGG) is a leading education technology company headquartered in Santa Clara, California. Originally founded in 2005, Chegg has evolved from a textbook rental service into a comprehensive digital learning platform. Its suite of subscription-based offerings addresses a wide range of academic needs, catering primarily to high school and college students seeking homework help, study resources, and career guidance.

The company’s core services include Chegg Study, which provides step-by-step solutions and expert Q&A support; Chegg Writing, offering plagiarism checks and guided writing assistance; and Chegg Math Solver, a tool for solving mathematical problems with detailed explanations.