Wedbush Forecasts Chewy’s Q4 Earnings (NYSE:CHWY)

Chewy, Inc. (NYSE:CHWY) – Equities researchers at Wedbush cut their Q4 2025 earnings estimates for shares of Chewy in a research note issued to investors on Thursday, December 5th. Wedbush analyst S. Basham now anticipates that the company will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.05. Wedbush currently has a “Outperform” rating and a $39.00 target price on the stock. The consensus estimate for Chewy’s current full-year earnings is $0.34 per share.

Chewy (NYSE:CHWY) last announced its earnings results on Wednesday, December 4th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.15. The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.86 billion. Chewy had a net margin of 3.51% and a return on equity of 24.47%. Chewy’s revenue was up 5.2% compared to the same quarter last year. During the same period last year, the firm earned ($0.08) earnings per share.

Several other equities research analysts also recently weighed in on CHWY. TD Cowen initiated coverage on Chewy in a report on Wednesday, October 9th. They issued a “buy” rating and a $38.00 price target for the company. BNP Paribas cut shares of Chewy from an “outperform” rating to a “neutral” rating in a research note on Thursday, December 5th. The Goldman Sachs Group upped their price target on shares of Chewy from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. UBS Group lifted their price objective on shares of Chewy from $30.00 to $34.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 3rd. Finally, Evercore ISI upped their target price on Chewy from $22.00 to $29.00 and gave the company an “in-line” rating in a research report on Wednesday, August 28th. Nine equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, Chewy has a consensus rating of “Moderate Buy” and a consensus price target of $34.15.

Chewy Price Performance

Shares of CHWY stock opened at $31.38 on Monday. The stock’s fifty day moving average price is $30.49 and its 200 day moving average price is $27.42. Chewy has a 1-year low of $14.69 and a 1-year high of $39.10. The company has a market cap of $13.12 billion, a price-to-earnings ratio of 34.47, a price-to-earnings-growth ratio of 2.95 and a beta of 1.12.

Insider Activity at Chewy

In other news, CTO Satish Mehta sold 8,056 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $33.47, for a total transaction of $269,634.32. Following the completion of the transaction, the chief technology officer now directly owns 585,962 shares of the company’s stock, valued at $19,612,148.14. This represents a 1.36 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Argos Holdings Gp Llc sold 1,250,000 shares of the stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $29.40, for a total value of $36,750,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,128,804 shares of company stock worth $827,019,626. 2.10% of the stock is owned by company insiders.

Institutional Trading of Chewy

Institutional investors have recently modified their holdings of the stock. 1620 Investment Advisors Inc. purchased a new position in Chewy in the 2nd quarter valued at about $33,000. Blue Trust Inc. lifted its position in shares of Chewy by 183.6% in the third quarter. Blue Trust Inc. now owns 1,398 shares of the company’s stock valued at $38,000 after acquiring an additional 905 shares in the last quarter. Industrial Alliance Investment Management Inc. acquired a new stake in shares of Chewy in the second quarter worth approximately $44,000. First Horizon Advisors Inc. purchased a new stake in shares of Chewy during the second quarter worth approximately $48,000. Finally, Skylands Capital LLC purchased a new stake in shares of Chewy during the second quarter worth approximately $52,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

About Chewy

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.