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TARGET · CHGG

CHGG → $5.00 by Oct 28, 2025.

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ethotechreddit
via r/wallstreetbets
· Published Oct 28, 2024 16:07 · Valid until Oct 28, 2025 · FAILURE
Entry
$1.67
Final
$1.25 -25.1%
Target
$5.00
Score
-0.13
**TL;DR:** With a sales multiple of 2, Chegg is priced like the company is going out of business soon, but the company’s financial situation makes this seem unlikely. They have cash on hand and are ready to plug away at their position and have made strategic partnerships with AI companies to enhance their business amidst technological changes. The stock is clearly undervalued and I currently have a price target of $5. Background Information: Chegg is a subscription service for students …
— ORIGINAL POST · $CHGG – Deep Value, Overlooked · r/wallstreetbets · Feb 5, 2025