Chegg (CHGG) Expected to Post Quarterly Earnings on Tuesday

Chegg (NYSE:CHGG) is expected to be releasing its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect the company to post earnings of ($0.07) per share and revenue of $43.52 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 8:30 AM ET.

Chegg (NYSE:CHGG) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.03. The company had revenue of $51.85 million during the quarter, compared to analysts’ expectations of $49.50 million. Chegg had a negative return on equity of 13.38% and a negative net margin of 19.96%.

Chegg Stock Down 0.2%

Shares of NYSE:CHGG opened at $0.70 on Monday. The firm has a market cap of $77.83 million, a P/E ratio of -1.43 and a beta of 2.16. Chegg has a 12-month low of $0.45 and a 12-month high of $1.56. The business has a fifty day simple moving average of $0.75 and a 200 day simple moving average of $0.86.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on CHGG shares. Weiss Ratings restated a “sell (d-)” rating on shares of Chegg in a research note on Friday, September 18th. Zacks Research cut Chegg from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Reduce”.

Insiders Place Their Bets

In other news, Director Renee Budig sold 54,347 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $0.78, for a total transaction of $42,390.66. Following the completion of the transaction, the director directly owned 376,311 shares in the company, valued at approximately $293,522.58. This represents a 12.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.00% of the company’s stock.

About Chegg

Chegg, Inc is an education technology company that provides digital learning tools and academic support services to students. Its platform offers study assistance, expert answers, practice materials, writing support, and other resources intended to help students understand course content and complete academic work.

The company’s products have included Chegg Study, Chegg Writing, and Mathway, a mobile mathematics problem-solving service. Chegg has also offered language-learning services through Busuu, which it acquired in 2022.