CHGG Stock Recent News

Get a deeper insight into the potential performance of Chegg (CHGG) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Large language models disrupted the business model of this education technology company, making its services arguably obsolete.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today that it is scheduled to release its earnings results on Monday, May 12, 2025, before market open for the first quarter of 2025, which ended on March 31, 2025. Chegg will host a conference call to discuss the first quarter financial results at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time) on the same day. To access the call, please dial 1-877-407-4018 or outside the.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Today, Chegg, Inc. (NYSE: CHGG) announced the launch of Solution Scout, a powerful new tool designed to help students efficiently compare solutions from multiple sources – including Chegg's extensive archive as well as leading AI frontier models. Enhanced with Chegg's proprietary comparison summaries, the tool highlights key differences in AI-generated summaries so students can spend less time searching and more time learning. With over a decade of learning.

SANTA CLARA, Calif.--(BUSINESS WIRE)--NYSE Listing Notice.

AGIO, CHGG and EFX have been added to the Zacks Rank #5 (Strong Sell) List on April 3, 2025.

HOBOKEN, N.J.--(BUSINESS WIRE)--Chegg, a leading student-first online learning platform, announced today a $50,000 donation to Stevens Institute of Technology's iSTEM and Launchpad@Stevens programs from the Chegg.org Impact Fund–marking the first-ever matching gift to expand the program's impact beyond the university. "Chegg truly understands the modern student experience, and we are proud to support institutions that are reimagining curriculum to better engage and assess students,” said Nathan.

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 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.

Chegg is in crisis mode. The online education platform says its website traffic has plummeted since Google launched its AI-powered Overviews tool.