Buy Chegg
Amount
Latest price
$0.87
(£1.00 = $1.295)
Number of shares (est.)
0
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Metrics
Market Cap
$81.996M
P/E ratio
-0.10
EPS
-$8.103
Beta
1.75
Dividend rate
N/A
Dividend yield
N/A
About
Chegg, Inc. provides a student-first connected learning platform. The Company is combining generative artificial intelligence (AI) and human capabilities to provide a personalized learning assistant to be included in its Chegg Study offering. Its service and product offerings fall into two categories: Subscription Services, which encompasses its Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through its websites and on mobile devices, and Skills and Other, which encompasses its Chegg Skills, advertising services, print textbooks and eTextbooks offerings. Chegg Study subscribers have access to personalized, step-by-step learning support powered by AI, computational engines and subject matter experts. Chegg Study Pack is a premium subscription bundle that includes all of the benefits of Chegg Study, as well as Chegg Writing and Chegg Math. Chegg Skills offers programs on technical skills, including AI and data analytics.
CEO
Mr. Nathan J. Schultz
Employees
1,241
Sector
Services
Company HQ
SANTA CLARA, United States of America
Website
News
Chegg: Escalating Crisis Mode
Chegg, Inc. faces a crisis due to AI, with revenues down 24% YOY. The online tutoring platform has promising AI tools, but generative AI and Google AIO are reducing the need for Chegg's subscription services, impacting traffic and revenue. Chegg's financials are deteriorating, with a significant decline in subscribers and revenue, and potential cash burn if the trend continues.
Chegg accuses Google of using AI to crush traffic, revenue in antitrust lawsuit: ‘Harmful and unsustainable'
Chegg has filed a federal antitrust lawsuit against Google – alleging that the company's use of AI-generated summaries in search engine results has crushed its website traffic and revenue.
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Emma is registered and incorporated in England and Wales.
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Financial Conduct Authority Reg Nr: 794952.
Company Registration Number: 10578464.
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