Chewy (NYSE:CHWY) Receives $46.72 Consensus Target Price from Analysts

Shares of Chewy (NYSE:CHWY) have been given an average rating of “Moderate Buy” by the twenty-five analysts that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, nineteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $46.7222.

A number of equities research analysts have recently commented on the company. Wall Street Zen cut Chewy from a “buy” rating to a “hold” rating in a research note on Sunday, September 21st. Seaport Res Ptn upgraded shares of Chewy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 10th. Cowen reiterated a “buy” rating on shares of Chewy in a research note on Thursday, December 4th. Wedbush set a $42.00 target price on shares of Chewy and gave the company an “outperform” rating in a research report on Wednesday, December 10th. Finally, Barclays lifted their price target on shares of Chewy from $47.00 to $52.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th.

Insider Buying and Selling at Chewy

In other news, CAO William G. Billings sold 1,121 shares of the 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 completion of the transaction, the chief accounting officer owned 31,045 shares in the company, valued at approximately $1,015,792.40. This represents a 3.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sumit Singh sold 40,789 shares of Chewy stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $33.73, for a total value of $1,375,812.97. Following the completion of the sale, the chief executive officer directly 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 83,985 shares of company stock worth $2,802,809 over the last ninety days. 0.43% of the stock is currently owned by company insiders.

Institutional Trading of Chewy

A number of institutional investors have recently added to or reduced their stakes in CHWY. Keel Point LLC raised its stake in Chewy by 44.7% in the third quarter. Keel Point LLC now owns 7,254 shares of the company’s stock valued at $293,000 after purchasing an additional 2,242 shares in the last quarter. New Mexico Educational Retirement Board grew its stake in Chewy by 24.4% in the 3rd quarter. New Mexico Educational Retirement Board now owns 43,900 shares of the company’s stock worth $1,776,000 after buying an additional 8,600 shares in the last quarter. Hudson Bay Capital Management LP increased its holdings in shares of Chewy by 586.3% in the 3rd quarter. Hudson Bay Capital Management LP now owns 323,623 shares of the company’s stock worth $13,091,000 after buying an additional 276,466 shares during the last quarter. Allworth Financial LP raised its position in shares of Chewy by 220.2% during the 3rd quarter. Allworth Financial LP now owns 9,754 shares of the company’s stock valued at $395,000 after buying an additional 6,708 shares in the last quarter. Finally, IFP Advisors Inc raised its position in shares of Chewy by 25.2% during the 3rd quarter. IFP Advisors Inc now owns 8,752 shares of the company’s stock valued at $355,000 after buying an additional 1,759 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Chewy Price Performance

NYSE CHWY opened at $31.98 on Friday. The firm has a market cap of $13.27 billion, a price-to-earnings ratio of 66.63, a PEG ratio of 3.28 and a beta of 1.58. Chewy has a 1 year low of $29.83 and a 1 year high of $48.62. The company has a fifty day moving average price of $34.15 and a 200-day moving average price of $37.50.

Chewy (NYSE:CHWY) last posted its earnings results on Wednesday, December 10th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.17). The firm had revenue of $3.12 billion for the quarter, compared to the consensus estimate of $3.10 billion. Chewy had a return on equity of 56.78% and a net margin of 1.64%.Chewy’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.20 EPS. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. On average, research analysts anticipate that Chewy will post 0.24 EPS for the current fiscal year.

About Chewy

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.