CHGG Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Chegg's legal actions against Google may result in favorable settlements, potentially boosting revenues. Strategic exploration of a sale could attract interest, especially if market conditions improve.




Bearish Case: High competition from free AI services continues to erode Chegg’s user base, compounded by ongoing legal and restructuring challenges. Historical price reversion suggests continued downside risk despite potential volatility.




Potential Outcomes: Chegg’s lawsuit success (20%), ongoing AI competition impact (50%), sale or acquisition interest boosts value (30%). Monitor shifts in educational tech dynamics.



March 12, 2025


Chegg Forecast

CHGG        Chegg











Correlated Assets

Assets that tend to move strongly with CHGG



ATKR Forecast + Options Trading Strategies   ATKR  Atkore (0.94)


AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (0.92)


COTY Forecast + Options Trading Strategies   COTY  Coty (0.91)


GES Forecast + Options Trading Strategies   GES  Guess (0.91)


RIG Forecast + Options Trading Strategies   RIG  Transocean (0.9)



Uncorrelated Assets

Assets with little price relationship to CHGG



VOD Forecast + Options Trading Strategies   VOD  Vodafone (0.01)


IFF Forecast + Options Trading Strategies   IFF  International Flavors & Fragrances (-0.01)


IMO Forecast + Options Trading Strategies   IMO  Imperial Oil (-0.03)


CWH Forecast + Options Trading Strategies   CWH  Camping World (0.04)


AEHR Forecast + Options Trading Strategies   AEHR  Aehr Test Systems (0.04)



Anticorrelated Assets

Assets that tend to move strongly against CHGG



EAT Forecast + Options Trading Strategies   EAT  Brinker International (-0.88)


SATS Forecast + Options Trading Strategies   SATS  EchoStar (-0.89)


ALHC Forecast + Options Trading Strategies   ALHC  Alignment Healthcare (-0.9)


NOK Forecast + Options Trading Strategies   NOK  Nokia (-0.91)


KGC Forecast + Options Trading Strategies   KGC  Kinross Gold (-0.91)









Become a more profitable investor with AI optimized trading strategies






×

Chat with CHGG


 Ask any question about CHGG!