Chewy (NYSE:CHWY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Posted by George Bondi on Aug 28th, 2026

Shares of Chewy (NYSE:CHWY – Get Free Report) have earned an average rating of “Moderate Buy” from the twenty-six brokerages that are covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation, eighteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $31.50.

CHWY has been the subject of several research analyst reports. Mizuho decreased their target price on Chewy from $50.00 to $40.00 and set an “outperform” rating for the company in a research report on Wednesday, June 3rd. Wall Street Zen downgraded shares of Chewy from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Needham & Company LLC reaffirmed a “hold” rating on shares of Chewy in a research report on Thursday, June 11th. Robert W. Baird dropped their target price on shares of Chewy from $40.00 to $30.00 and set an “outperform” rating on the stock in a research note on Thursday, June 11th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $34.00 target price on shares of Chewy in a research report on Wednesday.

View Our Latest Stock Analysis on CHWY

Insider Buying and Selling

In related news, General Counsel Da-Wai Hu sold 4,203 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $19.49, for a total value of $81,916.47. Following the transaction, the general counsel owned 4,103 shares in the company, valued at approximately $79,967.47. This represents a 50.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.34% of the company’s stock.

Institutional Trading of Chewy

A number of large investors have recently bought and sold shares of CHWY. National Bank of Canada FI raised its stake in shares of Chewy by 12.5% in the third quarter. National Bank of Canada FI now owns 2,910 shares of the company’s stock valued at $118,000 after buying an additional 324 shares during the period. Dynasty Wealth Management LLC grew its stake in shares of Chewy by 6.6% during the 4th quarter. Dynasty Wealth Management LLC now owns 6,321 shares of the company’s stock worth $209,000 after acquiring an additional 394 shares during the period. Harbour Investments Inc. grew its stake in shares of Chewy by 81.4% during the 4th quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock worth $30,000 after acquiring an additional 407 shares during the period. Montag A & Associates Inc. increased its holdings in Chewy by 58.8% in the 4th quarter. Montag A & Associates Inc. now owns 1,270 shares of the company’s stock worth $42,000 after acquiring an additional 470 shares during the last quarter. Finally, Utah Retirement Systems increased its holdings in Chewy by 4.4% in the 4th quarter. Utah Retirement Systems now owns 11,586 shares of the company’s stock worth $383,000 after acquiring an additional 485 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Chewy Stock Down 0.9%

CHWY stock opened at $22.76 on Friday. The firm has a market cap of $9.32 billion, a PE ratio of 37.94, a P/E/G ratio of 1.16 and a beta of 1.42. The business has a 50 day moving average of $21.62 and a 200-day moving average of $23.25. Chewy has a 12-month low of $17.40 and a 12-month high of $43.50.

About Chewy

(Get Free Report)

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.