Investment Analysts’ Recent Ratings Updates for Chewy (CHWY)

A number of research firms have changed their ratings and price targets for Chewy (NYSE: CHWY):

• 6/23/2026 – Chewy had its “buy” rating reaffirmed by TD Cowen.
• 6/18/2026 – Chewy was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 6/12/2026 – Chewy had its price target lowered by The Goldman Sachs Group, Inc. from $46.00 to $34.00. They now have a “buy” rating on the stock.
• 6/11/2026 – Chewy had its price target lowered by UBS Group AG from $32.00 to $24.00. They now have a “neutral” rating on the stock.
• 6/11/2026 – Chewy had its price target lowered by UBS Group AG from $32.00 to $24.00. They now have a “neutral” rating on the stock.
• 6/11/2026 – Chewy had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $23.00 price target on the stock.
• 6/11/2026 – Chewy had its “outperform” rating reaffirmed by Wolfe Research. They now have a $27.00 price target on the stock.
• 6/11/2026 – Chewy had its price target lowered by Barclays PLC from $40.00 to $36.00. They now have an “overweight” rating on the stock.
• 6/11/2026 – Chewy was given a new $28.00 price target by Moffett Nathanson.
• 6/11/2026 – Chewy had its “market outperform” rating reaffirmed by Citigroup Inc..
• 6/11/2026 – Chewy had its price target lowered by Barclays PLC from $40.00 to $36.00. They now have an “overweight” rating on the stock.
• 6/11/2026 – Chewy had its price target lowered by JPMorgan Chase & Co. from $35.00 to $29.00. They now have an “overweight” rating on the stock.
• 6/11/2026 – Chewy had its price target lowered by TD Cowen from $42.00 to $34.00. They now have a “buy” rating on the stock.
• 6/11/2026 – Chewy had its price target lowered by Royal Bank Of Canada from $47.00 to $34.00. They now have an “outperform” rating on the stock.
• 6/11/2026 – Chewy had its price target lowered by Citizens Jmp from $45.00 to $28.00. They now have a “market outperform” rating on the stock.
• 6/11/2026 – Chewy had its price target lowered by Morgan Stanley from $43.00 to $42.00. They now have an “overweight” rating on the stock.
• 6/11/2026 – Chewy had its price target lowered by Deutsche Bank Aktiengesellschaft from $45.00 to $32.00. They now have a “buy” rating on the stock.
• 6/11/2026 – Chewy had its price target lowered by Bank of America Corporation from $33.00 to $31.00.
• 6/11/2026 – Chewy had its “hold” rating reaffirmed by Needham & Company LLC.
• 6/11/2026 – Chewy had its price target lowered by Robert W. Baird from $40.00 to $30.00. They now have an “outperform” rating on the stock.
• 6/10/2026 – Chewy had its “buy” rating reaffirmed by Raymond James Financial, Inc..
• 6/10/2026 – Chewy was given a new $30.00 price target by Piper Sandler.
• 6/5/2026 – Chewy was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 6/5/2026 – Chewy had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $25.00 price target on the stock.
• 6/4/2026 – Chewy had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $47.00 price target on the stock.
• 6/3/2026 – Chewy had its price target lowered by Mizuho from $50.00 to $40.00. They now have an “outperform” rating on the stock.
• 6/2/2026 – Chewy had its price target lowered by JPMorgan Chase & Co. from $40.00 to $35.00. They now have an “overweight” rating on the stock.
• 5/26/2026 – Chewy had its price target lowered by Barclays PLC from $48.00 to $40.00. They now have an “overweight” rating on the stock.
• 5/26/2026 – Chewy had its price target lowered by Morgan Stanley from $49.00 to $43.00. They now have an “overweight” rating on the stock.
• 5/25/2026 – Chewy was downgraded by Zacks Research from “strong-buy” to “hold”.
• 5/19/2026 – Chewy was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 5/12/2026 – Chewy had its price target lowered by Citigroup Inc. from $40.00 to $37.00. They now have a “buy” rating on the stock.
• 5/9/2026 – Chewy was downgraded by Wall Street Zen from “buy” to “hold”.
• 4/27/2026 – Chewy had its “buy” rating reaffirmed by Guggenheim. They now have a $45.00 price target on the stock.

Insider Activity

In related news, CEO Sumit Singh sold 83,306 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $25.60, for a total value of $2,132,633.60. Following the transaction, the chief executive officer directly owned 874,061 shares of the company’s stock, valued at approximately $22,375,961.60. This trade represents a 8.70% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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. Also, General Counsel Da-Wai Hu sold 8,149 shares of Chewy stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $26.91, for a total value of $219,289.59. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 95,675 shares of company stock valued at $2,459,955. Insiders own 0.34% of the company’s stock.

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.