Why Chegg, Inc.’s (CHGG) Stock Is Up 6.31%

By Cynthia McLaughlin
April 29, 2026
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Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Chegg, Inc. before investing.

In this article, we go over a few key elements for understanding Chegg, Inc.’s stock price such as:

  • Chegg, Inc.’s current stock price and volume
  • Why Chegg, Inc.’s stock price changed recently
  • Upgrades and downgrades for CHGG from analysts
  • CHGG’s stock price momentum as measured by its relative strength

About Chegg, Inc. (CHGG)

Before we jump into Chegg, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

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. 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.

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Chegg, Inc.’s Stock Price as of Market Close

As of April 29, 2026, 10:46 AM, CST, Chegg, Inc.’s stock price was $1.094.

Chegg, Inc. is up 2.24% from its previous closing price of $1.070.

During the last market session, Chegg, Inc.’s stock traded between $1.040 and $1.100. Currently, there are approximately 109.36 million shares outstanding for Chegg, Inc..

Chegg, Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Chegg, Inc. Stock Price History

Chegg, Inc.’s (CHGG) price is currently up 47.58% so far this month.

During the month of April, Chegg, Inc.’s stock price has reached a high of $1.180 and a low of $0.693.

Over the last year, Chegg, Inc. has hit prices as high as $1.900 and as low as $0.450. Year to date, Chegg, Inc.’s stock is up 17.63%.

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What Caused Chegg, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 28, 2026, there was 1 analyst who downgraded Chegg, Inc.’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Chegg, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Chegg, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Chegg, Inc.’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Chegg, Inc. (CHGG) by visiting AAII Stock Evaluator.

Relative Price Strength of Chegg, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 28, 2026, Chegg, Inc. has a weighted four-quarter relative price strength of 18.99%, which translates to a Momentum Score of 89 and is considered to be Very Strong.

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Chegg, Inc. Stock Price: Bottom Line

As of April 29, 2026, Chegg, Inc.’s stock price is $1.094, which is up 2.24% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Chegg, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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