Chefs’ Warehouse (NASDAQ:CHEF – Free Report) had its price target hoisted by Benchmark from $106.00 to $125.00 in a research note issued to investors on Thursday,Benzinga reports. Benchmark currently has a buy rating on the stock.
A number of other equities research analysts have also weighed in on the company. BTIG Research boosted their target price on Chefs’ Warehouse from $100.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday. TD Cowen raised their price target on Chefs’ Warehouse from $110.00 to $123.00 and gave the stock a “buy” rating in a research report on Wednesday. Weiss Ratings cut Chefs’ Warehouse from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. UBS Group lifted their price target on Chefs’ Warehouse from $114.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Morgan Stanley boosted their price objective on Chefs’ Warehouse from $97.00 to $104.00 and gave the company an “equal weight” rating in a research report on Thursday. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $107.43.
Check Out Our Latest Research Report on CHEF
Chefs’ Warehouse Price Performance
Chefs’ Warehouse (NASDAQ:CHEF – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.19. Chefs’ Warehouse had a net margin of 2.09% and a return on equity of 16.95%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the business posted $0.52 earnings per share. The company’s revenue was up 12.9% on a year-over-year basis. Research analysts anticipate that Chefs’ Warehouse will post 2.37 earnings per share for the current year.
Insider Transactions at Chefs’ Warehouse
In related news, insider Christina Polychroni sold 4,500 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $79.21, for a total transaction of $356,445.00. Following the transaction, the insider owned 24,642 shares in the company, valued at $1,951,892.82. The trade was a 15.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Christopher Pappas sold 125,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $78.00, for a total value of $9,750,000.00. Following the transaction, the chief executive officer directly owned 2,189,453 shares of the company’s stock, valued at $170,777,334. The trade was a 5.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 11.10% of the company’s stock.
Institutional Investors Weigh In On Chefs’ Warehouse
A number of large investors have recently made changes to their positions in the business. HighTower Advisors LLC increased its stake in shares of Chefs’ Warehouse by 1.7% during the fourth quarter. HighTower Advisors LLC now owns 9,536 shares of the company’s stock valued at $594,000 after buying an additional 161 shares during the period. State of Alaska Department of Revenue lifted its stake in Chefs’ Warehouse by 1.0% in the fourth quarter. State of Alaska Department of Revenue now owns 18,437 shares of the company’s stock worth $1,149,000 after acquiring an additional 183 shares during the period. Osaic Holdings Inc. lifted its stake in Chefs’ Warehouse by 30.7% in the second quarter. Osaic Holdings Inc. now owns 800 shares of the company’s stock worth $51,000 after acquiring an additional 188 shares during the period. CWM LLC boosted its holdings in Chefs’ Warehouse by 10.5% in the fourth quarter. CWM LLC now owns 2,133 shares of the company’s stock valued at $133,000 after acquiring an additional 203 shares in the last quarter. Finally, Tidal Investments LLC boosted its holdings in Chefs’ Warehouse by 4.9% in the second quarter. Tidal Investments LLC now owns 4,341 shares of the company’s stock valued at $277,000 after acquiring an additional 204 shares in the last quarter. 91.55% of the stock is currently owned by institutional investors.
Trending Headlines about Chefs’ Warehouse
Here are the key news stories impacting Chefs’ Warehouse this week:
- Positive Sentiment: Strong Q2 results: Chefs’ Warehouse reported earnings of $0.78 per share, exceeding the $0.59 analyst consensus, while revenue of $1.17 billion topped expectations of $1.12 billion. Revenue increased 12.9% year over year, supported by higher volumes, customer growth and margin expansion. CHEF Q2 Earnings Beat Estimates on Volume and Margin Gains
- Positive Sentiment: Raised price targets from bullish analysts: Benchmark lifted its target from $106 to $125 and maintained a “buy” rating. BTIG Research also raised its target from $100 to $125 and rated the shares “buy,” indicating continued confidence in the company’s earnings momentum. Chefs’ Warehouse Price Target Raised to $125.00 at Benchmark
- Positive Sentiment: Improved outlook: The fiscal 2026 revenue outlook and quarterly earnings beat helped drive the stock to a new 52-week high, signaling that investors view the company’s growth and operating improvements as durable. The Chefs’ Warehouse Shares Rise After FY26 Revenue Outlook, 2Q Earnings Beat Estimates
- Neutral Sentiment: Mixed analyst view: Morgan Stanley raised its price target from $97 to $104 but retained an “equal weight” rating. Its target remains below the recent trading level, suggesting the firm sees limited upside after the post-earnings rally. Morgan Stanley Price Target Update
Chefs’ Warehouse Company Profile
Chefs’ Warehouse, Inc is a specialty food distributor that supplies a broad range of high‐end ingredients and culinary products to professional chefs, restaurants, hotels, and other foodservice operators. Headquartered in Maspeth, New York, the company sources its portfolio from local artisans, boutique producers and leading global suppliers. Its core offerings include fresh and frozen proteins, specialty cuts of meat and seafood, handcrafted cheeses and charcuterie, seasonal produce, value‐added preparations, pantry staples and premium desserts and beverages.
The company operates a network of distribution centers strategically located in major metropolitan markets across North America.
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