Great video Intrendias! I believe you were right on the money when you said if Chegg can keep their subscriber count stable, you will see an insane turnaround on the stock. My question is how are they going to change their business model. Yes, they are introducing AI on their platform now too; but I'd like to see a wider variety of products/services breadth in the company. I believe Chegg needs to diversify in order to stay in business. An example (it's a reach) would be hiring tutors and having subscribers being able to schedule time with a tutor. Or perhaps releasing guide books on certain classes. Whatever they do, they need to do it fast! Thanks again for the great vid!
Hey @nhess2375, thank you for your comment and watching the video! The diversity could come from different education services like you mentioned. Chegg has a language education platform called Busuu www.busuu.com/en-us. Chegg may need to advertise the value of this service better, market it, and pin it against popular apps like Duolingo to take market share. Chegg subscribers also get access to other perks like Max and Adobe that Chegg should better advertise or consider dropping if these benefits are not incentivizing subscribers to stay or convert: www.chegg.com/perks. I agree Chegg needs to pivot quick to not only stabilize but even grow.
Hey @ShredsofBlaze, There's value potential in Chegg. Pivotal moments will be their upcoming earnings; Chegg needs to prove stability in revenue and subscriptions. Of course, this is not financial advice, and everyone must assess their own financial journey. Thank you for watching the video and commenting! I hope this video was helpful!
Chegg will more so have a partnering relationship with OpenAI through their CheggMate GPT 4 model and Chegg could become a data provider given their massive database of textbook problem and answers. investor.chegg.com/Press-Releases/press-release-details/2023/Chegg-announces-CheggMate-the-new-AI-companion-built-with-GPT-4/default.aspx Thank you for watching and your comment!
Do you think Chegg is deep value or a value trap?
Deep fucking value
@@gaelmoreno4818 We like the stock
I think it's deep value. However CHEGG is still in downtrend as AI stocks are still in the bubble
Great video Intrendias! I believe you were right on the money when you said if Chegg can keep their subscriber count stable, you will see an insane turnaround on the stock. My question is how are they going to change their business model. Yes, they are introducing AI on their platform now too; but I'd like to see a wider variety of products/services breadth in the company. I believe Chegg needs to diversify in order to stay in business. An example (it's a reach) would be hiring tutors and having subscribers being able to schedule time with a tutor. Or perhaps releasing guide books on certain classes. Whatever they do, they need to do it fast! Thanks again for the great vid!
Hey @nhess2375, thank you for your comment and watching the video! The diversity could come from different education services like you mentioned. Chegg has a language education platform called Busuu www.busuu.com/en-us. Chegg may need to advertise the value of this service better, market it, and pin it against popular apps like Duolingo to take market share. Chegg subscribers also get access to other perks like Max and Adobe that Chegg should better advertise or consider dropping if these benefits are not incentivizing subscribers to stay or convert: www.chegg.com/perks.
I agree Chegg needs to pivot quick to not only stabilize but even grow.
Chegg is worth at least $7 a share. Give it 3 years.
Bought at $31...
love the humor, subscribed
I’m glad you enjoyed and thank you for subscribing!
Do you think its still worth a shot to invest in chegg?
Hey @ShredsofBlaze,
There's value potential in Chegg. Pivotal moments will be their upcoming earnings; Chegg needs to prove stability in revenue and subscriptions.
Of course, this is not financial advice, and everyone must assess their own financial journey.
Thank you for watching the video and commenting! I hope this video was helpful!
Do you see the Chegg will raise again ?
Is Chegg will be able to compete with ChatGPT ?
yes chegg will acquire chatgpt in 2026
mark my words
Chegg will more so have a partnering relationship with OpenAI through their CheggMate GPT 4 model and Chegg could become a data provider given their massive database of textbook problem and answers. investor.chegg.com/Press-Releases/press-release-details/2023/Chegg-announces-CheggMate-the-new-AI-companion-built-with-GPT-4/default.aspx
Thank you for watching and your comment!
@@franekkessler489 let see what happened in future .As this is good source of learning as I used to solve questions over there
@@Intrendias Thank you for your information really valuable .I hope this comes to normal and chegg expert gets work soon
Its almost like chegg needs to become unprofitable and spend all their money on ai hype and marketing. The world is so backwards.
More buzzwords please haha
Thank you for watching and your comment!