Mar. 25 at 3:31 PM
$CHGG @ABC12345T Last time I ran the numbers it’s like 30m net cash after debt. And now close to 60-65m market cap. And let’s say 20m recurring revenue x 4 quarters = 80m from skills. So even if you give 1x p/s for growth side you are at 30m+80m=110m. The entire previous chegg homework solution is apparently worth 0 but it could still do 50m x 4 quarters =200m and maybe even cash flow positive… even running through chat gpt in moderate business scenario this year shares should be worth 2-4.50. I’m seeing 50% undervalued almost just for skills and cash. Could be a 5x if any retention acceleration for legacy or its valued worth anything…
ChatGPT valuation in comments