"Technology shifts have created headwinds for our industry and Chegg's business specifically. Recent advancements in the AI ...
Chegg, the online education company based in Santa Clara, is laying off 319 workers. It’s the second major cut at Chegg in ...
Shares of Chegg dropped to a new record intraday low after the company said it is further restructuring its operations to respond to an educational environment that is increasingly adopting free and ...
Chegg shares are down after the company reported its third-quarter results after Tuesday's closing bell. Here's a look at the ...
Needham analyst Ryan MacDonald has maintained their neutral stance on CHGG stock, giving a Hold rating today. Ryan MacDonald has given his ...
Santa Clara-based education tech company announced plans to slash its workforce by 21% this week and the CEO put part of the ...
Chegg (CHGG) issues downbeat guidance and plans workforce reduction as student's adoption of AI weighs on sales. Read more ...
Craig-Hallum analyst Alex Fuhrman lowered the firm’s price target on Chegg (CHGG) to $1.50 from $3 and keeps a Hold rating on the shares. The firm notes that revenues are declining faster than ...
Online education company Chegg is laying off 319 employees, 21% of its total staff, and said it expects to fall short of its ...
Chegg is trying to avoid becoming its first major victim. Then came ChatGPT. Suddenly students had a free alternative to the answers Chegg spent years developing with thousands of contractors in ...
Chegg trades at a next 12-month (NTM) price-to-earnings (P/E) multiple of a mere 2.22x, while the market cap to free cash flow multiple is below 2. While value investors might ordinarily pounce on ...