Chewy (NYSE:CHWY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Chewy (NYSE:CHWY) has been assigned an average rating of “Moderate Buy” from the twenty-one research firms that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, sixteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $47.2105.

A number of equities analysts have recently issued reports on the stock. The Goldman Sachs Group increased their price objective on shares of Chewy from $44.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Piper Sandler reissued an “overweight” rating on shares of Chewy in a research note on Thursday, February 5th. Weiss Ratings restated a “hold (c)” rating on shares of Chewy in a research note on Wednesday, January 21st. Citigroup reaffirmed a “market outperform” rating on shares of Chewy in a report on Monday, November 24th. Finally, Morgan Stanley increased their target price on Chewy from $48.00 to $51.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th.

Chewy Stock Performance

Shares of CHWY opened at $24.24 on Monday. The company has a 50-day simple moving average of $31.42 and a 200-day simple moving average of $34.97. Chewy has a 52 week low of $24.01 and a 52 week high of $48.62. The firm has a market capitalization of $10.06 billion, a P/E ratio of 50.50, a P/E/G ratio of 1.63 and a beta of 1.59.

Chewy (NYSE:CHWY) last announced its quarterly earnings data on Wednesday, December 10th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The company had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.10 billion. Chewy had a return on equity of 56.78% and a net margin of 1.64%.The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the company earned $0.20 EPS. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. As a group, equities analysts forecast that Chewy will post 0.24 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Sumit Singh sold 40,789 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $33.73, for a total transaction of $1,375,812.97. Following the completion of the sale, the chief executive officer directly owned 623,185 shares of the company’s stock, valued at $21,020,030.05. This trade represents a 6.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Satish Mehta sold 13,013 shares of the business’s 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 completion of the transaction, the chief technology officer directly owned 273,835 shares in the company, valued at approximately $7,938,476.65. This represents a 4.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 69,369 shares of company stock valued at $2,276,360 in the last quarter. 0.43% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Chewy

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in Chewy by 5.4% during the 4th quarter. Vanguard Group Inc. now owns 19,920,347 shares of the company’s stock worth $658,367,000 after buying an additional 1,017,214 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Chewy by 295.9% during the third quarter. Wellington Management Group LLP now owns 17,622,768 shares of the company’s stock worth $712,841,000 after acquiring an additional 13,171,325 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Chewy by 120.2% during the third quarter. AQR Capital Management LLC now owns 10,196,146 shares of the company’s stock valued at $407,948,000 after acquiring an additional 5,564,803 shares during the period. Morgan Stanley boosted its holdings in Chewy by 33.8% in the fourth quarter. Morgan Stanley now owns 7,660,258 shares of the company’s stock valued at $253,172,000 after acquiring an additional 1,937,014 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in Chewy by 34.7% in the second quarter. Invesco Ltd. now owns 7,187,518 shares of the company’s stock valued at $306,332,000 after acquiring an additional 1,852,531 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

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.