Chegg, Inc.

NYSE:CHGG Stock Report

Market Cap: US$167.9m

Chegg Management

Management criteria checks 2/4

Chegg's CEO is Nathan Schultz, appointed in Oct 2022, has a tenure of 2.17 years. total yearly compensation is $7.51M, comprised of 12% salary and 88% bonuses, including company stock and options. directly owns 0.8% of the company’s shares, worth $1.34M. The average tenure of the management team and the board of directors is 3.7 years and 7.3 years respectively.

Key information

Nathan Schultz

Chief executive officer

US$7.5m

Total compensation

CEO salary percentage12.0%
CEO tenure2.2yrs
CEO ownership0.8%
Management average tenure3.7yrs
Board average tenure7.3yrs

Recent management updates

Recent updates

Chegg Stock: Crisis Mode Opportunity

Nov 19

Chegg Is Now A Deep Value Candidate, Following 98% Price Implosion

Oct 01

Why Investors Shouldn't Be Surprised By Chegg, Inc.'s (NYSE:CHGG) 29% Share Price Plunge

Sep 26
Why Investors Shouldn't Be Surprised By Chegg, Inc.'s (NYSE:CHGG) 29% Share Price Plunge

Chegg: AI Turnaround In The Works

Aug 06

Is Chegg (NYSE:CHGG) A Risky Investment?

Jul 24
Is Chegg (NYSE:CHGG) A Risky Investment?

Chegg, Inc. (NYSE:CHGG) Looks Inexpensive After Falling 38% But Perhaps Not Attractive Enough

Jun 19
Chegg, Inc. (NYSE:CHGG) Looks Inexpensive After Falling 38% But Perhaps Not Attractive Enough

Should You Investigate Chegg, Inc. (NYSE:CHGG) At US$3.04?

Jun 14
Should You Investigate Chegg, Inc. (NYSE:CHGG) At US$3.04?

Chegg: Stay Conservative Until It Reports Positive Subscriber Growth

May 15

Falling Behind: Chegg's Strategic Blunders In The AI Race

Apr 23

Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?

Apr 05
Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?

The Steep Learning Curve Chegg Is Trying To Climb

Feb 06

Pinning Down Chegg, Inc.'s (NYSE:CHGG) P/S Is Difficult Right Now

Jan 19
Pinning Down Chegg, Inc.'s (NYSE:CHGG) P/S Is Difficult Right Now

Chegg's Cheap Valuation Is Deceiving

Nov 01

When Should You Buy Chegg, Inc. (NYSE:CHGG)?

Oct 31
When Should You Buy Chegg, Inc. (NYSE:CHGG)?

Chegg, Inc: Concerning Business Outlook And Uncertain AI Prospects

Oct 05

Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?

Sep 21
Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?

You Ask Chegg Answers: Potential Top AI Investment

Sep 08

Surprise Surprise! Chegg Becomes A Generative AI Play

Aug 08

At US$10.10, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?

Jul 28
At US$10.10, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?

Chegg: New Personalized AI Tutor For College Could Be Killer App

Jun 29

Is Chegg (NYSE:CHGG) A Risky Investment?

Jun 22
Is Chegg (NYSE:CHGG) A Risky Investment?

Chegg: AI Loser Could Turn Into Big Winner

Jun 14

Chegg, Inc.'s (NYSE:CHGG) Intrinsic Value Is Potentially 99% Above Its Share Price

May 20
Chegg, Inc.'s (NYSE:CHGG) Intrinsic Value Is Potentially 99% Above Its Share Price

Investors Don't See Light At End Of Chegg, Inc.'s (NYSE:CHGG) Tunnel And Push Stock Down 42%

May 05
Investors Don't See Light At End Of Chegg, Inc.'s (NYSE:CHGG) Tunnel And Push Stock Down 42%

Is It Time To Consider Buying Chegg, Inc. (NYSE:CHGG)?

Apr 18
Is It Time To Consider Buying Chegg, Inc. (NYSE:CHGG)?

Chegg (NYSE:CHGG) Has A Pretty Healthy Balance Sheet

Mar 05
Chegg (NYSE:CHGG) Has A Pretty Healthy Balance Sheet

Chegg enters $150M accelerated share repurchase agreement

Feb 24

Chegg Q4 2022 Earnings Preview

Feb 05

At US$24.53, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?

Jan 12
At US$24.53, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?

An Intrinsic Calculation For Chegg, Inc. (NYSE:CHGG) Suggests It's 29% Undervalued

Dec 05
An Intrinsic Calculation For Chegg, Inc. (NYSE:CHGG) Suggests It's 29% Undervalued

CEO Compensation Analysis

How has Nathan Schultz's remuneration changed compared to Chegg's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$821m

Jun 30 2024n/an/a

-US$627m

Mar 31 2024n/an/a

US$15m

Dec 31 2023US$8mUS$900k

US$18m

Sep 30 2023n/an/a

US$10m

Jun 30 2023n/an/a

US$280m

Mar 31 2023n/an/a

US$263m

Dec 31 2022US$6mUS$822k

US$267m

Sep 30 2022n/an/a

US$289m

Jun 30 2022n/an/a

US$44m

Mar 31 2022n/an/a

US$69m

Dec 31 2021US$11mUS$750k

-US$1m

Sep 30 2021n/an/a

US$279k

Jun 30 2021n/an/a

-US$44m

Mar 31 2021n/an/a

-US$66m

Dec 31 2020US$5mUS$652k

-US$6m

Sep 30 2020n/an/a

-US$24m

Jun 30 2020n/an/a

US$2m

Mar 31 2020n/an/a

-US$11m

Dec 31 2019US$4mUS$583k

-US$10m

Sep 30 2019n/an/a

-US$12m

Jun 30 2019n/an/a

-US$15m

Mar 31 2019n/an/a

-US$17m

Dec 31 2018US$3mUS$492k

-US$15m

Sep 30 2018n/an/a

-US$17m

Jun 30 2018n/an/a

-US$14m

Mar 31 2018n/an/a

-US$16m

Dec 31 2017US$3mUS$446k

-US$20m

Compensation vs Market: Nathan's total compensation ($USD7.51M) is above average for companies of similar size in the US market ($USD1.38M).

Compensation vs Earnings: Nathan's compensation has increased whilst the company is unprofitable.

CEO

Nathan Schultz (47 yo)

2.2yrs

Tenure

US$7,513,175

Compensation

Mr. Nathan Schultz serves as Chief Operating Officer at Chegg, Inc. since October 18, 2022 and serves as its President, CEO & Director June 01, 2024. He had been President of Learning Services at Chegg, In...

Leadership Team

NamePositionTenureCompensationOwnership
Daniel Rosensweig
Executive Co-Chairman14.8yrsUS$4.78m2.07%
$ 3.5m
Nathan Schultz
CEO, President2.2yrsUS$7.51m0.80%
$ 1.3m
David Longo
CFO & Treasurer3yrsno data0.030%
$ 49.7k
Charles Geiger
Chief Technology Officerno dataUS$2.68mno data
Tracey Ford
Vice President of Investor Relationsno datano datano data
Woodie Dixon
General Counsel & Corporate Secretary4.3yrsno datano data
Heather Porter
Chief Communications Officer4.3yrsno datano data
Deena Bahri
Chief Marketing Officerless than a yearno datano data
Debra Thompson
Chief People Officer4.8yrsno datano data
Mitch Spolan
Executive Vice President of Marketing Services10.6yrsno datano data
Lauren Glotzer
Chief Strategy Officer3.7yrsno datano data
Candace Sue
Head of Academic Relationsno datano datano data

3.7yrs

Average Tenure

56.5yo

Average Age

Experienced Management: CHGG's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Daniel Rosensweig
Executive Co-Chairman14.8yrsUS$4.78m2.07%
$ 3.5m
Nathan Schultz
CEO, Presidentless than a yearUS$7.51m0.80%
$ 1.3m
Theodore Schlein
Independent Director16yrsUS$260.00k0.27%
$ 452.2k
Ann Kirschner
Member of Academic Advisory Board3.2yrsno datano data
Richard Sarnoff
Independent Co-Chairperson & Presiding Director12.3yrsUS$399.99k0.22%
$ 363.8k
Renee Budig
Independent Director9.1yrsUS$260.00k0.038%
$ 64.5k
John York
Independent Director11.5yrsUS$260.00k0.037%
$ 62.1k
Marne Levine
Independent Director11.6yrsUS$266.84k0.045%
$ 75.2k
Dana Born
Member of Academic Advisory Board3.2yrsno datano data
Paul LeBlanc
Chair of Academic Advisory Board3.2yrsUS$255.66k0.011%
$ 19.1k
Melanie Whelan
Independent Director5.5yrsUS$260.00k0.094%
$ 158.1k
Marcela Martin
Independent Director3.3yrsUS$250.00k0.013%
$ 21.5k

7.3yrs

Average Tenure

61yo

Average Age

Experienced Board: CHGG's board of directors are considered experienced (7.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:04
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

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.

AnalystInstitution
Gary PrestopinoBarrington Research Associates, Inc.
Alexander ParisBarrington Research Associates, Inc.
Brett KnoblauchBerenberg