Brokerages Set Chewy (NYSE:CHWY) PT at $32.05

Posted by Stanley Muller on Jun 21st, 2026

Chewy (NYSE:CHWY – Get Free Report) has earned an average recommendation of “Moderate Buy” from the twenty-five research firms that are covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $32.0476.

A number of equities research analysts recently commented on the company. Moffett Nathanson set a $28.00 target price on Chewy in a research report on Thursday, June 11th. Bank of America dropped their target price on Chewy from $33.00 to $31.00 in a research report on Thursday, June 11th. Robert W. Baird dropped their target price on Chewy from $40.00 to $30.00 and set an “outperform” rating on the stock in a research report on Thursday, June 11th. TD Cowen dropped their target price on Chewy from $42.00 to $34.00 and set a “buy” rating on the stock in a research report on Thursday, June 11th. Finally, Piper Sandler set a $30.00 target price on Chewy in a research report on Wednesday, June 10th.

View Our Latest Analysis on Chewy

Insider Buying and Selling

In other Chewy news, CEO Sumit Singh sold 4,220 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $25.60, for a total value of $108,032.00. Following the completion of the transaction, the chief executive officer directly owned 123,955 shares of the company’s stock, valued at approximately $3,173,248. The trade was a 3.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Da-Wai Hu sold 8,149 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $26.91, for a total value of $219,289.59. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 95,675 shares of company stock worth $2,459,955. 0.34% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Chewy by 5.4% in the fourth quarter. Vanguard Group Inc. now owns 19,920,347 shares of the company’s stock valued at $658,367,000 after acquiring an additional 1,017,214 shares during the period. Wellington Management Group LLP lifted its holdings in Chewy by 295.9% in the third quarter. Wellington Management Group LLP now owns 17,622,768 shares of the company’s stock valued at $712,841,000 after acquiring an additional 13,171,325 shares during the period. Viking Global Investors LP lifted its holdings in Chewy by 146.9% in the fourth quarter. Viking Global Investors LP now owns 13,536,645 shares of the company’s stock valued at $447,386,000 after acquiring an additional 8,052,955 shares during the period. AQR Capital Management LLC lifted its holdings in Chewy by 10.0% in the fourth quarter. AQR Capital Management LLC now owns 11,218,840 shares of the company’s stock valued at $370,558,000 after acquiring an additional 1,022,694 shares during the period. Finally, Morgan Stanley lifted its holdings in Chewy by 33.8% in the fourth quarter. Morgan Stanley now owns 7,660,258 shares of the company’s stock valued at $253,172,000 after acquiring an additional 1,937,014 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Chewy Stock Up 0.2%

Shares of NYSE CHWY opened at $18.25 on Friday. The business’s 50 day moving average price is $22.68 and its 200 day moving average price is $26.92. The firm has a market cap of $7.47 billion, a P/E ratio of 30.41, a P/E/G ratio of 0.92 and a beta of 1.44. Chewy has a 52 week low of $17.64 and a 52 week high of $43.84.

Chewy (NYSE:CHWY – Get Free Report) last issued its earnings results on Wednesday, June 10th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.19. The firm had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.35 billion. Chewy had a return on equity of 60.02% and a net margin of 1.99%.Chewy’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 earnings per share. Chewy has set its Q2 2026 guidance at 0.360-0.360 EPS. As a group, research analysts expect that Chewy will post 0.8 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.