EN DE
Watch Chegg Inc for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Chegg Inc (CHGG) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Chegg Inc stock $1.18, price $0.61, upside +93.4%, quality 45 out of 100. Rating: strongly undervalued. Calculated from audited financials with 2 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Consumer Defensive US

CI Chegg Inc logo Thin data Nov 6, 2026

Chegg Inc

CHGG · US
Cheap, value-trap risk

The stock costs 48% less than our calculation considers fair.

Fair value $1.18 · Strongly undervalued
Even on cautious assumptions the value is 25% above the price ($0.7600).
Quality 45/100
Moderate debt
Mixed vs. peers (5/12)
Insiders sold $51,596 (6M)
Weak Growth (revenue 5y −10.2 %/yr in USD)
Loss-making · -20.0% net margin (TTM)
Negative free cash flow
Narrow moat 8/100
Thin data

Risks from the AI analysis

🚩Generative AI replaces homework help🚩Dependence on Google search traffic
Watch Chegg Inc for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$86.62 $0.4500 Fair Value $1.18 Aug 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.

How to read this chart

60‑month range $0.4500 – $86.62 · fair‑value band $0.7600 – $1.59 · the $0.6100 price screens below the $1.18 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.

Follow Chegg in your weekly email

Every Wednesday you see whether Chegg is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Chegg, Inc. provides a learning platform helping businesses bring new skills to their workforce and giving lifelong learners and students the skills and confidence to succeed in the United States and internationally.

Show moreShow less

Its subscription services include Chegg Study, which offers personalized step-by-step learning support from AI, computational engines, and subject matter experts; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation; Chegg Math provides a computational engine to help them understand and solve math problems; Chegg Study Pack, a bundle of various subscription product offerings, including Chegg Study, Chegg Writing, and Chegg Math services.

The company also provides a skills-based learning platform to learn technical skills comprising AI, coding, data analytics, and cybersecurity. In addition, it rents and sells print textbooks and eTextbooks; and offers advertising services.

The company serves students and companies through direct marketing channels and social media. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.

Stock analysis

Chegg Inc (CHGG) currently trades at $0.6100, while our model-based Fair Value estimate is $1.18, implying the stock looks roughly 48% undervalued today.

Show more

Valuation

How firm this estimate is: it rests on 2 models at a data quality of 96/100, which puts the data coverage at low.

Scenario range: $0.7600 (bear) to $1.59 (bull), the price of $0.6100 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 45/100 (below-average quality), in the Consumer Defensive sector.

Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.

Chegg Inc reported revenue of $377M in FY2025 versus $776M in FY2021, a compound −16.5%/yr. Reported net income was −$103M in FY2025.

Key figures

Market cap $68.0M Micro · P/S ratio 0.25 · EPS (TTM) $−0.3700 · Net margin −20.0% · Return on equity −38.3% · Return on assets (EBIT) −21.7% (5-year average) · Operating margin −6.1% · Revenue (TTM) $266M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 8 out of 100 (medium confidence).

What moves the price

The share trades about 61% below its 52-week high and 36% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Consumer Defensive peers we cover trades at 31% fair-value upside, at 93%, CHGG screens cheaper than that median.

Fair Value models

Bear $0.7600 Fair Value $1.18 Bull $1.59
Price $0.6100 · Upside +93.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
EV/EBITDA $0.7600 $1.18 $1.59 66
NCAV (Graham) $0.5100 $0.6800 $1.02 54
All 2 models by family
Multiples
EV/EBITDA $0.7600 $1.18 $1.59 66
Asset-Based
NCAV (Graham) $0.5100 $0.6800 $1.02 54

Open the full fair value analysis →

Quality Score breakdown

Overall quality 45/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 40
How much profit the company makes from its sales and capital
Quality Growth 60
Are margins and returns getting better?
Cashflow 11
Do the profits arrive as real cash?
Financial strength 31
Debt, balance sheet and risk of trouble
Investment 90
Does it invest with discipline instead of growing at any price?
Low Volatility 0
How calm the share price moves, does not count
Price momentum 10
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 7
Distance to the 52-week high, does not count
New shares 72
Buys back shares or issues new ones?

Open the full quality analysis →

Insider trades

In the last 6 months, 2 officers or directors sold shares worth $51,596 and none bought.

  • SaleRenee Varni BudigDirector54,347 shares at $0.7800$42,391Aug 13, 202610b5-1 plan
  • SaleDaniel RosensweigPRESIDENT, CEO, EXEC CHAIRMAN, Director8,293 shares at $1.11$9,205Jun 12, 2026
  • BuyDaniel RosensweigPRESIDENT, CEO, EXEC CHAIRMAN, Director100,000 shares at $0.5600$56,000Feb 13, 2026

Plus 13 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.

Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.

Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−39.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−21.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−10.2%
Start year 2020 (pandemic). Over 10 years: +2.3% a year
Revenue growth 15 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.4%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
8.8% (2020) → −16.8% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

Watch CHGG, get fair value alerts →

Compare Chegg Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Education & Training Services · 108 stocks

Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 45 · Bottom 25%
Fair Value upside +93.4% · Top 25%
Profitability
Return on assets −37.4% · Bottom 25%
Net margin (12 months) −20.0% · Bottom 25%
Operating margin (12 months) −6.1% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −50.7% · Bottom 25%
Balance sheet
Debt / equity 1.07× · Highest 25%

Valuation Multiplesvs Education & Training Services median · lower = cheaper

P/B 0.57× · Cheapest 25%
P/S (12 months) 0.26× · Cheapest 25%
EV/EBITDA 2.0× · Cheapest 25%
PEG 0.13× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 48
FUTURE (revenue growth)0 · sector 21
PAST (return on equity)0 · sector 28
HEALTH (low debt)47 · sector 95
DIVIDEND (yield)0 · sector 58

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Education & Training Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Stride, Inc LRN $75.00 $171.72 +129% vs CHGG
New Oriental Education & Technology Group 9901 HK$42.46 HK$64.52 +52% vs CHGG
Perdoceo Education Corporation PRDO $26.88 $40.81 +52% vs CHGG
Covista Inc CVSA $110.32 $152.79 +39% vs CHGG
Grand Canyon Education, Inc LOPE $117.69 $154.63 +31% vs CHGG
Laureate Education, Inc LAUR $33.59 $42.74 +27% vs CHGG
East Buy Holding 1797 HK$30.60 HK$33.66 +10% vs CHGG
Youdao, Inc DAO $19.71 $18.57 −6% vs CHGG
McGraw Hill, Inc MH $10.86 $8.95 −18% vs CHGG
Physicswallah Limited PWL ₹130.00 ₹33.55 −74% vs CHGG

Explore undervalued stocks

More undervalued Consumer Defensive stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Chegg Inc: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Chegg Inc Fair Value". https://www.fairvalue-calculator.com/stock/CHGG

Frequently asked questions

Is Chegg Inc (CHGG) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $1.18 versus a price of $0.6100, about +93% upside (undervalued).
What is the fair value of CHGG?
Our model-based fair value for Chegg Inc is $1.18 (as of Nov 6, 2026), built from audited fundamentals. The current price: $0.6100.
What is the quality score of CHGG?
Chegg Inc has a Quality Score of 45/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Chegg Inc (CHGG)?
Our model-based price target is the fair value of $1.18 (as of Nov 6, 2026) from 2 valuation models. Cautious scenario $0.7600, optimistic scenario $1.59. It is a calculation from audited fundamentals, not an analyst target.
What is the Chegg Inc stock forecast for 2026?
Our models put fair value at $1.18, about +93% upside versus a price of $0.6100 (undervalued). Cautious scenario $0.7600, optimistic scenario $1.59. The calculation is refreshed regularly with new filings.
What is the revenue of Chegg Inc (CHGG)?
Chegg Inc reported trailing-twelve-month revenue of about $266M (latest available figure, as of Nov 6, 2026).
What is the intrinsic value of Chegg Inc (CHGG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Chegg Inc it is $1.18 per share (as of Nov 6, 2026), against a price of $0.6100. It is the blended result of 2 valuation models in 2 families (Multiples, Asset-Based).
Is Chegg Inc stock overvalued or undervalued in 2026?
As of Nov 6, 2026, CHGG trades below its calculated fair value: price $0.6100, fair value $1.18, a gap of about +93% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CHGG?
No. The price is what the market pays today ($0.6100); the fair value is what the company's own numbers justify ($1.18). For Chegg Inc the two are $0.5700 per share apart. That gap is exactly why we show both numbers side by side.
How much is Chegg Inc worth?
The market values Chegg Inc at about $68.0M (market capitalisation, as of Nov 6, 2026). Per share that is $0.6100; our models calculate a fair value of $1.18 per share.
What do the bullish and bearish scenarios say about CHGG?
Our models span a range for Chegg Inc: cautious scenario $0.7600, base $1.18, optimistic $1.59 per share (as of Nov 6, 2026, price $0.6100). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of CHGG?
The PEG ratio of Chegg Inc is 0.13 (P/E divided by earnings growth, as of Nov 6, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Chegg Inc (CHGG)?
Balance-sheet figures for Chegg Inc (as of Nov 6, 2026): return on equity −38.3%, debt of 1.07 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is CHGG from its 52-week high?
Chegg Inc trades at $0.6100, about 61% below its 52-week high of $1.55 and 36% above the low of $0.4500 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $1.18 is for.
Which stocks are comparable to Chegg Inc?
From the same area (Consumer Defensive) we also value New Oriental Education & Technology Group, Laureate Education, Inc, Covista Inc, Physicswallah Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Chegg Inc stock attractive at the current price?
The data as of Nov 6, 2026: price $0.6100, calculated fair value $1.18 (+93%), Quality Score 45/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CHGG calculated?
We run Chegg Inc through 2 models from 2 families: Multiples, Asset-Based. Every model gets the same audited fundamentals; the fair value of $1.18 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Chegg Inc currently trades 48% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Chegg Inc (CHGG)?
The closing price on Nov 6, 2026 was $0.6100. Our model-based fair value is $1.18, about +93% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Chegg Inc right now?
The large discount to fair value meets weak quality (45/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case ($0.7600). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range ($0.7600 to $1.59) leaves room in how you read the outcome.

Key figures of Chegg Inc

How large is the market capitalisation of Chegg Inc (CHGG)?
The market capitalisation of Chegg Inc is $68.0M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Chegg Inc (CHGG)?
The price-to-sales ratio of Chegg Inc is 0.25 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Chegg Inc (CHGG)?
Earnings per share at Chegg Inc are $−0.3700. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Chegg Inc (CHGG)?
The net margin of Chegg Inc is −20.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Chegg Inc (CHGG)?
The return on equity (ROE) of Chegg Inc is −38.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Chegg Inc (CHGG)?
On an EBIT basis the return on assets of Chegg Inc is −21.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Chegg Inc (CHGG)?
The operating margin of Chegg Inc is −6.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Chegg Inc (CHGG)?
Revenue at Chegg Inc is growing −50.7% versus a year earlier (3y avg −21.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Chegg Inc (CHGG)?
Earnings per share at Chegg Inc are growing +500% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Chegg Inc (CHGG) generate?
The free cash flow of Chegg Inc is −$12.6M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Chegg Inc (CHGG) carry?
The net debt of Chegg Inc is $53.0M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Chegg Inc in the live analysis

One click puts Chegg Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.