Chegg Future Growth
Future criteria checks 4/6
Chegg's revenue is forecast to decline at 16.7% per annum while its annual earnings are expected to grow at 127% per year. EPS is expected to grow by 124.7% per annum. Return on equity is forecast to be 27.7% in 3 years.
Key information
127.0%
Earnings growth rate
124.7%
EPS growth rate
Consumer Services earnings growth | 24.4% |
Revenue growth rate | -16.7% |
Future return on equity | 27.7% |
Analyst coverage | Good |
Last updated | 22 Nov 2024 |
Recent future growth updates
Recent updates
Chegg Stock: Crisis Mode Opportunity
Nov 19Chegg Is Now A Deep Value Candidate, Following 98% Price Implosion
Oct 01Why Investors Shouldn't Be Surprised By Chegg, Inc.'s (NYSE:CHGG) 29% Share Price Plunge
Sep 26Chegg: AI Turnaround In The Works
Aug 06Is Chegg (NYSE:CHGG) A Risky Investment?
Jul 24Chegg, Inc. (NYSE:CHGG) Looks Inexpensive After Falling 38% But Perhaps Not Attractive Enough
Jun 19Should You Investigate Chegg, Inc. (NYSE:CHGG) At US$3.04?
Jun 14Chegg: Stay Conservative Until It Reports Positive Subscriber Growth
May 15Falling Behind: Chegg's Strategic Blunders In The AI Race
Apr 23Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?
Apr 05The Steep Learning Curve Chegg Is Trying To Climb
Feb 06Pinning Down Chegg, Inc.'s (NYSE:CHGG) P/S Is Difficult Right Now
Jan 19Chegg's Cheap Valuation Is Deceiving
Nov 01When Should You Buy Chegg, Inc. (NYSE:CHGG)?
Oct 31Chegg, Inc: Concerning Business Outlook And Uncertain AI Prospects
Oct 05Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?
Sep 21You Ask Chegg Answers: Potential Top AI Investment
Sep 08Surprise Surprise! Chegg Becomes A Generative AI Play
Aug 08At US$10.10, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?
Jul 28Chegg: New Personalized AI Tutor For College Could Be Killer App
Jun 29Is Chegg (NYSE:CHGG) A Risky Investment?
Jun 22Chegg: AI Loser Could Turn Into Big Winner
Jun 14Chegg, Inc.'s (NYSE:CHGG) Intrinsic Value Is Potentially 99% Above Its Share Price
May 20Investors Don't See Light At End Of Chegg, Inc.'s (NYSE:CHGG) Tunnel And Push Stock Down 42%
May 05Is It Time To Consider Buying Chegg, Inc. (NYSE:CHGG)?
Apr 18Chegg (NYSE:CHGG) Has A Pretty Healthy Balance Sheet
Mar 05Chegg enters $150M accelerated share repurchase agreement
Feb 24Chegg Q4 2022 Earnings Preview
Feb 05At US$24.53, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?
Jan 12An Intrinsic Calculation For Chegg, Inc. (NYSE:CHGG) Suggests It's 29% Undervalued
Dec 05Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 455 | 3 | 70 | 138 | 5 |
12/31/2025 | 519 | -8 | 66 | 135 | 11 |
12/31/2024 | 616 | -845 | 64 | 145 | 11 |
9/30/2024 | 662 | -821 | 97 | 185 | N/A |
6/30/2024 | 683 | -627 | 83 | 178 | N/A |
3/31/2024 | 703 | 15 | 132 | 226 | N/A |
12/31/2023 | 716 | 18 | 163 | 246 | N/A |
9/30/2023 | 734 | 10 | 162 | 243 | N/A |
6/30/2023 | 740 | 280 | 168 | 248 | N/A |
3/31/2023 | 752 | 263 | 158 | 249 | N/A |
12/31/2022 | 767 | 267 | 149 | 256 | N/A |
9/30/2022 | 769 | 289 | 136 | 247 | N/A |
6/30/2022 | 776 | 44 | 158 | 272 | N/A |
3/31/2022 | 780 | 69 | 165 | 280 | N/A |
12/31/2021 | 776 | -1 | 168 | 273 | N/A |
9/30/2021 | 775 | 0 | 165 | 276 | N/A |
6/30/2021 | 757 | -44 | 149 | 259 | N/A |
3/31/2021 | 711 | -66 | 140 | 247 | N/A |
12/31/2020 | 644 | -6 | 97 | 236 | N/A |
9/30/2020 | 564 | -24 | 78 | 195 | N/A |
6/30/2020 | 504 | 2 | 87 | 188 | N/A |
3/31/2020 | 445 | -11 | 73 | 158 | N/A |
12/31/2019 | 411 | -10 | 71 | 113 | N/A |
9/30/2019 | 381 | -12 | 72 | 117 | N/A |
6/30/2019 | 361 | -15 | 55 | 99 | N/A |
3/31/2019 | 342 | -17 | 46 | 87 | N/A |
12/31/2018 | 321 | -15 | 44 | 75 | N/A |
9/30/2018 | 299 | -17 | 42 | 66 | N/A |
6/30/2018 | 287 | -14 | N/A | 59 | N/A |
3/31/2018 | 269 | -16 | N/A | 57 | N/A |
12/31/2017 | 255 | -20 | N/A | 52 | N/A |
9/30/2017 | 245 | -25 | N/A | 24 | N/A |
6/30/2017 | 253 | -30 | N/A | 49 | N/A |
3/31/2017 | 250 | -33 | N/A | 45 | N/A |
12/31/2016 | 254 | -42 | N/A | 24 | N/A |
9/30/2016 | 259 | -37 | N/A | 13 | N/A |
6/30/2016 | 269 | -45 | N/A | 6 | N/A |
3/31/2016 | 283 | -46 | N/A | -26 | N/A |
12/31/2015 | 301 | -59 | N/A | 0 | N/A |
9/30/2015 | 318 | -61 | N/A | 19 | N/A |
6/30/2015 | 318 | -69 | N/A | 33 | N/A |
3/31/2015 | 315 | -68 | N/A | 46 | N/A |
12/31/2014 | 305 | -65 | N/A | 68 | N/A |
9/30/2014 | 298 | -174 | N/A | 60 | N/A |
6/30/2014 | 278 | -171 | N/A | 64 | N/A |
3/31/2014 | 269 | -166 | N/A | 63 | N/A |
12/31/2013 | 256 | -158 | N/A | 64 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CHGG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).
Earnings vs Market: CHGG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CHGG is expected to become profitable in the next 3 years.
Revenue vs Market: CHGG's revenue is expected to decline over the next 3 years (-16.7% per year).
High Growth Revenue: CHGG's revenue is forecast to decline over the next 3 years (-16.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CHGG's Return on Equity is forecast to be high in 3 years time (27.7%)
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/26 01:04 |
End of Day Share Price | 2024/12/26 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Chegg, Inc. is covered by 26 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Gary Prestopino | Barrington Research Associates, Inc. |
Alexander Paris | Barrington Research Associates, Inc. |
Brett Knoblauch | Berenberg |