Chewy (NYSE:CHWY) Rating Increased to Hold at Rosenblatt Securities

Posted by Brenda Bartman on Aug 21st, 2026

Rosenblatt Securities upgraded shares of Chewy (NYSE:CHWY – Free Report) to a hold rating in a research note published on Wednesday,Zacks.com reports.

Several other equities analysts have also recently issued reports on the company. Morgan Stanley decreased their price objective on Chewy from $43.00 to $42.00 and set an “overweight” rating for the company in a report on Thursday, June 11th. Piper Sandler set a $30.00 price objective on shares of Chewy in a research note on Wednesday, June 10th. Raymond James Financial reaffirmed a “buy” rating on shares of Chewy in a report on Wednesday, June 10th. JPMorgan Chase & Co. decreased their target price on shares of Chewy from $35.00 to $29.00 and set an “overweight” rating for the company in a research note on Thursday, June 11th. Finally, Barclays dropped their price target on shares of Chewy from $40.00 to $36.00 and set an “overweight” rating on the stock in a research report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Chewy has an average rating of “Moderate Buy” and an average price target of $31.73.

View Our Latest Analysis on CHWY

Chewy Trading Down 0.8%

NYSE CHWY opened at $23.79 on Wednesday. Chewy has a 12-month low of $17.40 and a 12-month high of $43.50. The company has a fifty day simple moving average of $21.12 and a two-hundred day simple moving average of $23.38. The stock has a market cap of $9.74 billion, a P/E ratio of 39.65, a P/E/G ratio of 1.21 and a beta of 1.42.

Insider Activity at Chewy

In other Chewy news, General Counsel Da-Wai Hu sold 4,203 shares of Chewy stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $19.49, for a total transaction of $81,916.47. Following the completion of the sale, the general counsel directly owned 4,103 shares in the company, valued at $79,967.47. This trade represents a 50.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.34% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Osterweis Capital Management Inc. purchased a new position in Chewy in the second quarter valued at $30,000. Los Angeles Capital Management LLC purchased a new stake in shares of Chewy during the 4th quarter worth $31,000. Harbour Investments Inc. raised its stake in Chewy by 81.4% in the fourth quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock valued at $30,000 after buying an additional 407 shares in the last quarter. Modus Advisors LLC purchased a new position in shares of Chewy in the 4th quarter valued at about $34,000. Finally, EverSource Wealth Advisors LLC lifted its stake in Chewy by 412.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,091 shares of the company’s stock worth $46,000 after purchasing an additional 878 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

About Chewy

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Chewy, Inc (NYSE: CHWY) is a leading e-commerce retailer specializing in pet food, supplies and services. The company offers a comprehensive assortment of products for dogs, cats, fish, birds and other small animals, including prescription medications, veterinary health products, grooming essentials and toys. Through its online platform and mobile app, Chewy provides an intuitive shopping experience with features such as Autoship, ensuring regular deliveries of pet essentials at schedule intervals.

Founded in 2011 by Ryan Cohen and Michael Day, Chewy initially operated under the name Mr.