CHGG Stock Recent News

Chegg, Inc.'s CHGG shares have trended upward 14% in the past three months, outperforming the Zacks Internet - Software industry, the Zacks Computer and Technology sector and the S&P 500 index. The stock is currently trading at $1.41 as of today's market open, with a 52-week high-low range of 44 cents to $2.43 per share.

Chegg, Inc. CHGG is leaning heavily on artificial intelligence (“AI”) to reshape its business model as it navigates a turbulent period marked by sharp subscriber losses. The education-technology firm reported second-quarter 2025 revenues of $105.1 million, down 36% year over year, with subscription services revenue falling 39% to $89.7 million.

AI is disrupting industries reliant on human labor or creative skills, forcing companies to adapt or risk obsolescence, as seen in past tech revolutions. Survival hinges on integrating AI into products and services, shifting to 'human plus AI' models, and moving up the value chain for differentiation. Stock performance reveals investor skepticism, with most of the 20 companies underperforming the S&P 500, indicating market concerns about adaptation success.

Chegg, Inc. (NYSE:CHGG ) Q2 2025 Earnings Conference Call August 5, 2025 4:30 PM ET Company Participants David Longo - CFO, Principal Financial & Accounting Officer and Treasurer Nathan Schultz - CEO, President & Director Tracey Ford - Vice President of Investor Relations Conference Call Participants Devin Au - KeyBanc Capital Markets Inc., Research Division Matthew Dineen Shea - Needham & Company, LLC, Research Division Operator Greetings, and welcome to Chegg Inc.'s Second Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Chegg (CHGG) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of a loss of $0.23 per share. This compares to earnings of $0.24 per share a year ago.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended June 30, 2025. “We had a good Q2, exceeding our guidance and actively engaging on the strategic review process and the transformation of Chegg. We remain focused on implementing AI to transform Chegg Study, making it a more efficient business to run, while still differentiating our product and adding value to millions o.

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 Tuesday, August 5, 2025, after market close for the second quarter of 2025, which ended on June 30, 2025. Chegg will host a conference call to discuss the second quarter financial results at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on the same day. To access the call, please dial 1-877-407-4018 or outside.

In May this year, Alphabet Inc. GOOG unveiled a "total reimagining of search" with the launch of AI mode – the chatbot-style search engine feature that would let users converse with the search engine; besides using AI agents to execute tasks on behalf of the user. This announcement follows the launch of features like AI overviews that make Google Search a ‘Zero Click' affair. In search engine parlance, zero click refers to those internet searches that do not require the user to click and visit a webpage in order to get their questions answered. With AI overviews answering questions right on the search result pages, there is little incentive for search users to actually click and visit webpages to find their answers. This presents an existential threat to organizations that have built their business on top of Google's search engine platform. Ironically, Google's steadfast adoption of AI into their search engine is itself propelled by the existential threat presented by the emerging

LRN leads with 20% enrollment growth and a bullish 2025 outlook, while CHGG struggles with subscriber losses and AI-driven headwinds.

Chegg also plans to close its physical offices in the US and Canada by the end of the year, as well as cut back on new product development and reduce administrative costs.