Chewy (NYSE:CHWY) Receives $47.21 Consensus Target Price from Analysts

Chewy (NYSE:CHWYGet Free Report) has been given a consensus recommendation of “Moderate Buy” by the twenty-four analysts that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, eighteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $47.2105.

Several equities research analysts recently issued reports on CHWY shares. Needham & Company LLC reaffirmed a “hold” rating on shares of Chewy in a report on Thursday, December 11th. Morgan Stanley boosted their target price on shares of Chewy from $48.00 to $51.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Wedbush set a $42.00 price target on Chewy and gave the company an “outperform” rating in a research note on Wednesday, December 10th. Moffett Nathanson upgraded Chewy from a “neutral” rating to a “buy” rating and set a $48.00 price objective on the stock in a research report on Thursday, September 25th. Finally, Barclays upped their target price on Chewy from $47.00 to $52.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th.

Read Our Latest Research Report on CHWY

Insider Activity at Chewy

In other news, CEO Sumit Singh sold 40,789 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $33.73, for a total transaction of $1,375,812.97. Following the completion of the transaction, the chief executive officer owned 623,185 shares of the company’s stock, valued at approximately $21,020,030.05. This trade represents a 6.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO William G. Billings sold 1,121 shares of Chewy stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $32.72, for a total transaction of $36,679.12. Following the transaction, the chief accounting officer owned 31,045 shares in the company, valued at approximately $1,015,792.40. This trade represents a 3.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 83,985 shares of company stock worth $2,802,809 in the last quarter. 0.43% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Quent Capital LLC bought a new stake in shares of Chewy in the 3rd quarter valued at about $27,000. Osterweis Capital Management Inc. acquired a new position in shares of Chewy in the second quarter worth approximately $30,000. CoreCap Advisors LLC boosted its holdings in Chewy by 306.3% in the fourth quarter. CoreCap Advisors LLC now owns 845 shares of the company’s stock valued at $28,000 after acquiring an additional 637 shares during the last quarter. Princeton Global Asset Management LLC acquired a new stake in Chewy during the 3rd quarter valued at approximately $40,000. Finally, Strategic Advocates LLC bought a new position in Chewy during the 3rd quarter worth approximately $43,000. 93.09% of the stock is owned by institutional investors.

Chewy Price Performance

NYSE CHWY opened at $33.75 on Thursday. The business has a fifty day moving average price of $33.26 and a two-hundred day moving average price of $36.20. The stock has a market capitalization of $14.01 billion, a PE ratio of 70.31, a PEG ratio of 3.42 and a beta of 1.56. Chewy has a fifty-two week low of $29.83 and a fifty-two week high of $48.62.

Chewy (NYSE:CHWYGet Free Report) last issued its quarterly earnings results on Wednesday, December 10th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.17). Chewy had a net margin of 1.64% and a return on equity of 56.78%. The business had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the previous year, the business posted $0.20 EPS. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. As a group, sell-side analysts expect that Chewy will post 0.24 earnings per share for the current year.

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.

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Analyst Recommendations for Chewy (NYSE:CHWY)

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