Chegg stock fell 3.62 percent on October 16, 2026
Published on 10/17/2026 at 19:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTrading and valuation details
- Chegg stock fell during the October 16, 2026 NYSE session.
- Second-quarter revenue reached USD 51.85 million versus USD 49.50 million expected.
- Chegg stock was USD 0.73 on October 16, 2026, down 3.62 percent versus the NYSE prior close.
- Chegg's next results are scheduled for November 3, 2026.
Chegg stock (ISIN US1630921096) fell 3.62 percent on the NYSE during the October 16, 2026 session, extending the pressure around the education technology company. The last NYSE quote was USD 0.73 at 4:00 p.m. ET on October 16, 2026, versus the prior close of USD 0.76.
Revenue beat a low estimate
Chegg's second-quarter revenue reached USD 51.85 million, above the USD 49.50 million consensus estimate, while adjusted loss per share came to USD 0.02. MarketBeat reported the comparison on October 17, 2026.
Operating cash flow was USD 10.06 million in the quarter ended June 30, 2026, and free cash flow reached USD 6.40 million. Business Quant said operating cash flow increased 307.8 percent from the year-ago quarter.
Price position and volume
The NYSE session range was USD 0.72 to USD 0.78, with 422,431 shares traded against an average volume of 681,221 shares. The stock stood 53.21 percent below its 52-week high of USD 1.56 and 62.22 percent above its 52-week low of USD 0.45. The year-to-date performance was minus 21.40 percent.
Valuation and next results
Chegg had a market capitalization of USD 81.3 million and a trailing P/E ratio of minus 1.50 on October 16, 2026. The company does not pay a dividend. Barron's listed one analyst rating and an average target of USD 1.00 on October 9, 2026. That target is 36.99 percent above the NYSE price of USD 0.73.
Yahoo Finance reported on October 13, 2026 that Chegg will publish third-quarter 2026 results on November 3, 2026, covering the period ended September 30, 2026.
Comparison with peers
Chegg (NYSE, USD): minus 3.62 percent, P/E minus 1.50, market capitalization USD 81.3 million
Coursera (NYSE, USD): minus 2.95 percent, P/E minus 6.94, market capitalization USD 1.3 billion
Duolingo (Nasdaq, USD): minus 4.81 percent, P/E 17.00, market capitalization USD 6.6 billion
Stock remains below key levels
Chegg's low share price keeps the 52-week range central to the market picture, while the upcoming November 3 results offer the next dated test for revenue and cash generation.
The stock last stood at USD 0.73 on the NYSE on October 16, 2026 at 4:00 p.m. ET, down 3.62 percent versus the prior close of USD 0.76.
Chegg market details
- Company: Chegg, Inc.
- ISIN: US1630921096
- Ticker: CHGG
- Primary exchange: NYSE
- Price NYSE (as of October 16, 2026, 4:00 p.m. ET): USD 0.73
- Change versus prior close: minus 3.62 percent
- Prior close (October 15, 2026): USD 0.76
- Market capitalization: USD 81.3 million (as of October 16, 2026)
- 52-week range: USD 0.45-1.56 (as of October 16, 2026)
- Sector / Industry: Consumer Discretionary / Diversified Consumer Services
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
