Chegg (CHGG) to Announce Earnings on Thursday

Chegg (NYSE:CHGG) is anticipated to announce its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect Chegg to post earnings of ($0.05) per share and revenue of $49.50 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:30 AM ET.

Chegg (NYSE:CHGG) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.06. Chegg had a negative return on equity of 6.73% and a negative net margin of 26.89%.The company had revenue of $63.26 million during the quarter, compared to the consensus estimate of $60.95 million. On average, analysts expect Chegg to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

Chegg Stock Up 1.5%

CHGG stock opened at $1.03 on Wednesday. The stock has a market capitalization of $115.88 million, a price-to-earnings ratio of -1.31 and a beta of 2.17. Chegg has a 52-week low of $0.45 and a 52-week high of $1.90. The stock’s fifty day simple moving average is $1.05 and its 200-day simple moving average is $0.91.

Wall Street Analysts Forecast Growth

CHGG has been the topic of several recent analyst reports. Weiss Ratings upgraded Chegg from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, June 23rd. Zacks Research cut shares of Chegg from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Chegg presently has a consensus rating of “Reduce”.

Institutional Investors Weigh In On Chegg

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CHGG. Jump Financial LLC acquired a new position in Chegg in the 2nd quarter worth $31,000. Qube Research & Technologies Ltd acquired a new stake in shares of Chegg during the third quarter valued at about $32,000. Hudson Bay Capital Management LP acquired a new stake in shares of Chegg during the second quarter valued at about $36,000. Virtu Financial LLC purchased a new stake in shares of Chegg during the fourth quarter worth about $49,000. Finally, BNP Paribas Financial Markets increased its position in shares of Chegg by 564.8% during the third quarter. BNP Paribas Financial Markets now owns 34,060 shares of the technology company’s stock worth $51,000 after acquiring an additional 28,937 shares during the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.

About Chegg

Chegg, Inc (NYSE: CHGG) is a leading education technology company headquartered in Santa Clara, California. Originally founded in 2005, Chegg has evolved from a textbook rental service into a comprehensive digital learning platform. Its suite of subscription-based offerings addresses a wide range of academic needs, catering primarily to high school and college students seeking homework help, study resources, and career guidance.

The company’s core services include Chegg Study, which provides step-by-step solutions and expert Q&A support; Chegg Writing, offering plagiarism checks and guided writing assistance; and Chegg Math Solver, a tool for solving mathematical problems with detailed explanations.