Chewy (NYSE:CHWY) Shares Climb 5% – What’s Next?

Posted by Brenda Bartman on Oct 14th, 2026

Chewy (NYSE:CHWY – Get Free Report)’s stock price rose 5% during trading on Wednesday. The company traded as high as $20.62 and last traded at $20.6930. Approximately 4,934,780 shares were traded during trading, a decline of 43% from the average daily volume of 8,655,528 shares. The stock had previously closed at $19.71.

Wall Street Analyst Weigh In

CHWY has been the topic of a number of recent research reports. Zacks Research upgraded shares of Chewy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. TD Cowen lowered their price objective on shares of Chewy from $34.00 to $32.00 and set a “buy” rating for the company in a research report on Thursday, September 10th. UBS Group reaffirmed a “neutral” rating on shares of Chewy in a research report on Thursday, September 10th. Citizens Jmp reiterated a “market outperform” rating and set a $28.00 price objective on shares of Chewy in a research note on Thursday, September 10th. Finally, Citigroup reissued a “market outperform” rating on shares of Chewy in a report on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Chewy currently has a consensus rating of “Moderate Buy” and an average target price of $30.45.

Read Our Latest Stock Analysis on Chewy

Chewy Stock Performance

The company has a current ratio of 0.84, a quick ratio of 0.42 and a debt-to-equity ratio of 1.59. The company’s 50-day moving average is $21.39 and its two-hundred day moving average is $22.09. The stock has a market capitalization of $8.29 billion, a P/E ratio of 31.25, a P/E/G ratio of 0.81 and a beta of 1.38.

Chewy (NYSE:CHWY – Get Free Report) last announced its quarterly earnings results on Wednesday, September 9th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.18 by $0.18. The company had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.32 billion. Chewy had a net margin of 2.09% and a return on equity of 60.88%. Chewy’s revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.33 earnings per share. As a group, sell-side analysts anticipate that Chewy will post 0.76 EPS for the current fiscal year.

Institutional Investors Weigh In On Chewy

A number of large investors have recently made changes to their positions in CHWY. SG Americas Securities LLC lifted its position in Chewy by 764.8% during the first quarter. SG Americas Securities LLC now owns 2,213,220 shares of the company’s stock valued at $59,757,000 after buying an additional 1,957,284 shares during the period. Amundi boosted its holdings in shares of Chewy by 191.8% during the 1st quarter. Amundi now owns 1,466,126 shares of the company’s stock valued at $39,584,000 after buying an additional 963,750 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Chewy by 49.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,739,267 shares of the company’s stock worth $46,942,000 after acquiring an additional 578,801 shares in the last quarter. Bank of America Corp DE grew its holdings in Chewy by 12.7% in the first quarter. Bank of America Corp DE now owns 4,816,924 shares of the company’s stock worth $130,057,000 after purchasing an additional 542,298 shares during the period. Finally, Senvest Management LLC purchased a new stake in Chewy in the first quarter worth about $11,070,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Chewy Company Profile

(Get Free Report)

Chewy, Inc is an e-commerce company focused on pet products and services. Through its website and mobile application, the company sells food, treats, toys, supplies, accessories and other products for dogs, cats, fish, birds, reptiles and small pets.

The company also offers prescription and over-the-counter medications through Chewy Pharmacy, as well as pet health products and related services. Its Autoship program allows customers to schedule recurring deliveries of regularly purchased items, while customer support and other digital features are designed to support pet owners throughout the pet-care lifecycle.

Chewy was founded in 2011 by Ryan Cohen and Michael Day and was acquired by PetSmart in 2017.