Citizens Jmp Cuts Chewy (NYSE:CHWY) Price Target to $45.00

Chewy (NYSE:CHWY) had its target price decreased by Citizens Jmp from $48.00 to $45.00 in a report released on Thursday morning,Benzinga reports. Citizens Jmp currently has a market outperform rating on the stock.

Other equities research analysts have also recently issued research reports about the company. TD Cowen lowered their price target on Chewy from $48.00 to $39.00 and set a “buy” rating on the stock in a report on Tuesday, March 10th. Needham & Company LLC reaffirmed a “hold” rating on shares of Chewy in a report on Thursday, December 11th. Barclays decreased their target price on Chewy from $52.00 to $48.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Raymond James Financial raised Chewy from a “market perform” rating to an “outperform” rating and set a $28.00 target price on the stock in a report on Thursday, February 19th. Finally, UBS Group set a $51.00 price target on Chewy in a research report on Tuesday, January 13th. Seventeen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Chewy presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.81.

Chewy Trading Down 3.0%

CHWY stock opened at $26.19 on Thursday. The company has a market cap of $10.87 billion, a P/E ratio of 50.36, a P/E/G ratio of 1.77 and a beta of 1.60. Chewy has a 52 week low of $22.74 and a 52 week high of $48.62. The company’s 50-day moving average price is $26.92 and its 200 day moving average price is $32.13.

Chewy (NYSE:CHWY) last issued its earnings results on Wednesday, March 25th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.19). Chewy had a net margin of 1.77% and a return on equity of 53.48%. The company had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.26 billion. During the same period last year, the business posted $0.28 earnings per share. The company’s quarterly revenue was up .5% on a year-over-year basis. On average, equities research analysts expect that Chewy will post 0.24 earnings per share for the current year.

Insider Buying and Selling at Chewy

In related news, CTO Satish Mehta sold 13,013 shares of Chewy stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $28.99, for a total transaction of $377,246.87. Following the completion of the transaction, the chief technology officer directly owned 273,835 shares in the company, valued at $7,938,476.65. The trade was a 4.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.43% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Chewy

Institutional investors and hedge funds have recently bought and sold shares of the stock. Park Avenue Securities LLC grew its holdings in Chewy by 4.0% during the 3rd quarter. Park Avenue Securities LLC now owns 7,810 shares of the company’s stock valued at $316,000 after buying an additional 302 shares during the last quarter. Transatlantique Private Wealth LLC raised its holdings in shares of Chewy by 3.0% in the third quarter. Transatlantique Private Wealth LLC now owns 10,922 shares of the company’s stock worth $442,000 after acquiring an additional 314 shares during the last quarter. National Bank of Canada FI raised its holdings in shares of Chewy by 12.5% in the third quarter. National Bank of Canada FI now owns 2,910 shares of the company’s stock worth $118,000 after acquiring an additional 324 shares during the last quarter. Angeles Wealth Management LLC lifted its position in shares of Chewy by 6.6% in the third quarter. Angeles Wealth Management LLC now owns 5,305 shares of the company’s stock valued at $215,000 after acquiring an additional 330 shares in the last quarter. Finally, Sivia Capital Partners LLC lifted its position in shares of Chewy by 3.2% in the third quarter. Sivia Capital Partners LLC now owns 11,072 shares of the company’s stock valued at $448,000 after acquiring an additional 343 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Chewy News Summary

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Management issued optimistic FY guidance and highlighted margin/FCF gains and revenue resilience — the earnings call and company presentation emphasized autoship strength, adjusted EBITDA growth and a constructive earnings outlook that drove buying interest. Chewy, Inc. Q4 2026 Earnings Call Summary
• Positive Sentiment: Autoship and customer metrics look sticky — autoship accounts for the bulk of net sales and Chewy reported active‑customer growth and higher sales per active user, which supports recurring revenue visibility and justify premium multiple expansion if execution continues. Chewy Gobbles up Market Share in 2026: Poised to Advance in Q2
• Positive Sentiment: AI-driven efficiency and Chewy Vet Care expansion are framed as near‑term margin levers — analysts and coverage pieces call out expected cost savings from AI initiatives and revenue/margin upside from the company’s vet services push. Chewy Posts Solid Q4, Indicates AI-Related Efficiency Benefits Ahead
• Neutral Sentiment: Analysts remain constructive but have trimmed price targets — several banks reaffirmed buy/overweight ratings while cutting targets after Q4, leaving a mixed consensus (many still show significant upside from current levels). These Analysts Cut Their Forecasts On Chewy Following Q4 Results
• Negative Sentiment: Institutional ownership and sentiment pose downside risk — MarketBeat flags that institutions own a very large share and were sellers earlier in the quarter; continued selling could cap near‑term upside despite positive fundamentals. Chewy Gobbles up Market Share in 2026: Poised to Advance in Q2
• Negative Sentiment: Some headlines noted mixed earnings details — while revenue and cash‑flow beats and guidance impressed, EPS and certain adjusted metrics produced mixed comparisons to Street expectations, which leaves execution risk if margins or growth slow. CHWY Stock Up 13% Following Solid Q4 Performance Despite Earnings Miss

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.