Morgan Stanley cuts Chegg stock to underweight amid pressures from AI

Investing.com

01-15

Investing.com -- Morgan Stanley downgraded Chegg Inc (NYSE:CHGG) to "Underweight" on deteriorating third-party data trends and a challenging competitive environment.

The brokerage set a price target of $1.25, reflecting concerns about declining revenue and margins.

Web traffic and app downloads weakened in November and December, while Chegg’s subscriber trends continued to underperfom historical seasonality throughout 2024.

Morgan Stanley (NYSE:MS) expects intensifying competition from AI-driven content to further erode Chegg’s market position as students migrate away.

The firm’s 2025 and 2026 revenue and EBITDA estimates are 12%-24% and 31%-57% below consensus, highlighting a potential overvaluation for the stock, which has rallied over 20% since November lows. Morgan Stanley forecasts negative revenue growth and sees the market underpricing demand risks.

Related Articles

Morgan Stanley cuts Chegg stock to underweight amid pressures from AI

European shares little changed amid threats of rising yields and tariffs

JPMorgan's Piepszak exits CEO race to become operations chief

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2503688873"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2503688873\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2503688873?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-15 01:29","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2503688873","market":"us","top_or_hot":-1,"title":"Morgan Stanley cuts Chegg stock to underweight amid pressures from AI","media":"Investing.com","content":"<html><body><p>Investing.com -- Morgan Stanley downgraded <a href=\"https://laohu8.com/S/CHGG\">Chegg Inc</a> (NYSE:CHGG) to \"Underweight\" on deteriorating third-party data trends and a challenging competitive environment.</p>\n<p>The brokerage set a price target of $1.25, reflecting concerns about declining revenue and margins.</p>\n<p>Web traffic and app downloads weakened in November and December, while Chegg’s subscriber trends continued to underperfom historical seasonality throughout 2024.</p>\n<p> Morgan Stanley (NYSE:MS) expects intensifying competition from AI-driven content to further erode Chegg’s market position as students migrate away.</p>\n<p>The firm’s 2025 and 2026 revenue and EBITDA estimates are 12%-24% and 31%-57% below consensus, highlighting a potential overvaluation for the stock, which has rallied over 20% since November lows. Morgan Stanley forecasts negative revenue growth and sees the market underpricing demand risks.</p>\n<p>Related Articles</p>\n<p>Morgan Stanley cuts Chegg stock to underweight amid pressures from AI</p>\n<p>European shares little changed amid threats of rising yields and tariffs</p>\n<p>JPMorgan's Piepszak exits CEO race to become operations chief</p>\n</body></html>","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley cuts Chegg stock to underweight amid pressures from AI</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMorgan Stanley cuts Chegg stock to underweight amid pressures from AI\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Investing.com</strong><span class=\"h-time small\">2025-01-15 01:29</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><p>Investing.com -- Morgan Stanley downgraded <a href=\"https://laohu8.com/S/CHGG\">Chegg Inc</a> (NYSE:CHGG) to \"Underweight\" on deteriorating third-party data trends and a challenging competitive environment.</p>\n<p>The brokerage set a price target of $1.25, reflecting concerns about declining revenue and margins.</p>\n<p>Web traffic and app downloads weakened in November and December, while Chegg’s subscriber trends continued to underperfom historical seasonality throughout 2024.</p>\n<p> Morgan Stanley (NYSE:MS) expects intensifying competition from AI-driven content to further erode Chegg’s market position as students migrate away.</p>\n<p>The firm’s 2025 and 2026 revenue and EBITDA estimates are 12%-24% and 31%-57% below consensus, highlighting a potential overvaluation for the stock, which has rallied over 20% since November lows. Morgan Stanley forecasts negative revenue growth and sees the market underpricing demand risks.</p>\n<p>Related Articles</p>\n<p>Morgan Stanley cuts Chegg stock to underweight amid pressures from AI</p>\n<p>European shares little changed amid threats of rising yields and tariffs</p>\n<p>JPMorgan's Piepszak exits CEO race to become operations chief</p>\n</body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://finance.yahoo.com/news/morgan-stanley-cuts-chegg-stock-172905808.html\">Investing.com</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CHGG","symbol_name":"Chegg Inc","start_time":0,"source_url":"https://finance.yahoo.com/news/morgan-stanley-cuts-chegg-stock-172905808.html","article_id":"2503688873","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503688873","pubTimestamp":1736875745,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Investing.com --Morgan Stanley downgraded Chegg Inc  to \"Underweight\" on deteriorating third-party data trends and a challenging competitive environment.The brokerage set a price target of $1.25, reflecting concerns about declining revenue and margins.Web traffic and app downloads weakened in November and December, while Chegg’s subscriber trends continued to underperfom historical seasonality throughout 2024.Morgan Stanley  expects intensifying competition from AI-driven content to further erode Chegg’s market position as students migrate away.The firm’s 2025 and 2026 revenue and EBITDA estimates are 12%-24% and 31%-57% below consensus, highlighting a potential overvaluation for the stock, which has rallied over 20% since November lows. Morgan Stanley forecasts negative revenue growth and sees the market underpricing demand risks.European shares little changed amid threats of rising yields and tariffs. JPMorgan's Piepszak exits CEO race to become operations chief","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"CHGG":"Chegg Inc"},"translate_title":"迫于人工智能压力，大摩将Chegg股票减至跑输大盘","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHGG":1},"content_text":"Investing.com -- Morgan Stanley downgraded Chegg Inc (NYSE:CHGG) to \"Underweight\" on deteriorating third-party data trends and a challenging competitive environment.\nThe brokerage set a price target of $1.25, reflecting concerns about declining revenue and margins.\nWeb traffic and app downloads weakened in November and December, while Chegg’s subscriber trends continued to underperfom historical seasonality throughout 2024.\n Morgan Stanley (NYSE:MS) expects intensifying competition from AI-driven content to further erode Chegg’s market position as students migrate away.\nThe firm’s 2025 and 2026 revenue and EBITDA estimates are 12%-24% and 31%-57% below consensus, highlighting a potential overvaluation for the stock, which has rallied over 20% since November lows. Morgan Stanley forecasts negative revenue growth and sees the market underpricing demand risks.\nRelated Articles\nMorgan Stanley cuts Chegg stock to underweight amid pressures from AI\nEuropean shares little changed amid threats of rising yields and tariffs\nJPMorgan's Piepszak exits CEO race to become operations chief","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}