Brokerages Set Chewy (NYSE:CHWY) Target Price at $47.21

Chewy (NYSE:CHWY) has been given a consensus rating of “Moderate Buy” by the twenty-one brokerages that are presently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, sixteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $47.2105.

Several equities analysts recently commented on the company. Citigroup restated a “market outperform” rating on shares of Chewy in a research report on Monday, November 24th. TD Cowen reissued a “buy” rating on shares of Chewy in a report on Thursday, December 4th. Wall Street Zen upgraded shares of Chewy from a “hold” rating to a “buy” rating in a research note on Saturday. Wedbush set a $42.00 target price on shares of Chewy and gave the stock an “outperform” rating in a research report on Wednesday, December 10th. Finally, Morgan Stanley boosted their price target on shares of Chewy from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th.

Chewy Stock Performance

Shares of CHWY stock opened at $24.24 on Monday. The firm has a fifty day moving average of $31.42 and a 200-day moving average of $34.98. The stock has a market cap of $10.06 billion, a price-to-earnings ratio of 50.50, a P/E/G ratio of 1.64 and a beta of 1.59. Chewy has a 52-week low of $24.01 and a 52-week high of $48.62.

Chewy (NYSE:CHWY) last issued its earnings results on Wednesday, December 10th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.01. The business had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.10 billion. Chewy had a net margin of 1.64% and a return on equity of 56.78%. The firm’s revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.20 EPS. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. On average, sell-side analysts predict that Chewy will post 0.24 earnings per share for the current year.

Insider Activity at Chewy

In other Chewy news, CEO Sumit Singh sold 40,789 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer owned 623,185 shares of the company’s stock, valued at approximately $21,020,030.05. The trade was a 6.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Satish Mehta sold 13,013 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $28.99, for a total value of $377,246.87. Following the sale, the chief technology officer owned 273,835 shares in the company, valued at $7,938,476.65. The trade was a 4.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 69,369 shares of company stock worth $2,276,360 over the last three months. 0.43% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quent Capital LLC acquired a new stake in Chewy in the 3rd quarter valued at about $27,000. CoreCap Advisors LLC grew its stake in shares of Chewy by 306.3% during the fourth quarter. CoreCap Advisors LLC now owns 845 shares of the company’s stock valued at $28,000 after purchasing an additional 637 shares during the last quarter. Harbour Investments Inc. increased its holdings in shares of Chewy by 81.4% in the fourth quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock valued at $30,000 after purchasing an additional 407 shares in the last quarter. Osterweis Capital Management Inc. bought a new position in Chewy in the 2nd quarter worth approximately $30,000. Finally, Los Angeles Capital Management LLC acquired a new position in Chewy during the 4th quarter worth $31,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

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.