Chewy (NYSE:CHWY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Chewy (NYSE:CHWY) has been given an average recommendation of “Moderate Buy” by the twenty-five analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, eighteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $32.0476.

CHWY has been the subject of a number of research reports. Jefferies Financial Group reiterated a “hold” rating and issued a $23.00 price objective on shares of Chewy in a research report on Thursday, June 11th. BNP Paribas Exane restated a “neutral” rating and set a $28.00 target price (down from $38.00) on shares of Chewy in a report on Thursday, March 26th. Wolfe Research reiterated an “outperform” rating and issued a $27.00 price objective on shares of Chewy in a report on Thursday, June 11th. Argus raised Chewy to a “strong-buy” rating in a report on Tuesday, April 7th. Finally, Mizuho reduced their price target on Chewy from $50.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday, June 3rd.

More Chewy News

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Chewy is being positioned as a long-term winner thanks to market-share gains, health-related services, customer loyalty, and a broader pet-care ecosystem that can support recurring revenue.
• Positive Sentiment: TD Cowen named Chewy a top 2026 small- and mid-cap idea, and BofA reiterated a Buy rating with a $31 target, reinforcing a constructive analyst view.
• Positive Sentiment: Recent Q1 earnings commentary says Chewy outperformed many online retail peers, suggesting its fundamentals remain stronger than the market may be pricing in.

Insider Activity at Chewy

In related news, General Counsel Da-Wai Hu sold 4,203 shares of the business’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 completion of the sale, the general counsel directly owned 4,103 shares in the company, valued at approximately $79,967.47. The trade was a 50.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sumit Singh sold 83,306 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $25.60, for a total value of $2,132,633.60. Following the completion of the transaction, the chief executive officer owned 874,061 shares in the company, valued at $22,375,961.60. The trade was a 8.70% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders sold 91,729 shares of company stock worth $2,322,582 in the last ninety days. 0.34% of the stock is owned by company insiders.

Institutional Investors Weigh In On Chewy

A number of large investors have recently modified their holdings of the business. National Bank of Canada FI lifted its position in shares of Chewy by 12.5% during the 3rd quarter. National Bank of Canada FI now owns 2,910 shares of the company’s stock worth $118,000 after buying an additional 324 shares during the last quarter. 180 Wealth Advisors LLC boosted its position in Chewy by 4.4% in the fourth quarter. 180 Wealth Advisors LLC now owns 9,222 shares of the company’s stock valued at $305,000 after buying an additional 390 shares in the last quarter. Dynasty Wealth Management LLC boosted its position in Chewy by 6.6% in the fourth quarter. Dynasty Wealth Management LLC now owns 6,321 shares of the company’s stock valued at $209,000 after buying an additional 394 shares in the last quarter. Harbour Investments Inc. grew its stake in shares of Chewy by 81.4% during the fourth quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock worth $30,000 after buying an additional 407 shares during the last quarter. Finally, waypoint wealth counsel grew its stake in shares of Chewy by 3.8% during the fourth quarter. waypoint wealth counsel now owns 11,220 shares of the company’s stock worth $371,000 after buying an additional 415 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Chewy Stock Performance

Shares of CHWY opened at $20.59 on Thursday. The stock has a fifty day moving average price of $20.88 and a two-hundred day moving average price of $25.58. Chewy has a 52-week low of $17.40 and a 52-week high of $43.50. The company has a market cap of $8.43 billion, a price-to-earnings ratio of 34.32, a PEG ratio of 1.05 and a beta of 1.45.

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

Chewy Company Profile

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.