Chefs’ Warehouse (NASDAQ:CHEF – Get Free Report) had its price target raised by equities researchers at Benchmark from $84.00 to $90.00 in a research report issued on Thursday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. Benchmark’s price objective indicates a potential upside of 18.27% from the stock’s current price.
Several other research firms also recently weighed in on CHEF. Weiss Ratings upgraded Chefs’ Warehouse from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 13th. BTIG Research upped their price target on Chefs’ Warehouse from $74.00 to $82.00 and gave the stock a “buy” rating in a research note on Thursday. Wolfe Research set a $84.00 target price on Chefs’ Warehouse in a research note on Thursday, February 12th. UBS Group cut their target price on Chefs’ Warehouse from $83.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Finally, Zacks Research upgraded Chefs’ Warehouse from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $79.50.
Check Out Our Latest Stock Report on Chefs’ Warehouse
Chefs’ Warehouse Stock Up 0.5%
Chefs’ Warehouse (NASDAQ:CHEF – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.17. Chefs’ Warehouse had a return on equity of 14.75% and a net margin of 1.74%.The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the company earned $0.25 EPS. The business’s revenue was up 11.4% compared to the same quarter last year. Analysts anticipate that Chefs’ Warehouse will post 2.17 EPS for the current fiscal year.
Insider Transactions at Chefs’ Warehouse
In related news, CAO Tim Mccauley sold 7,500 shares of Chefs’ Warehouse stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $70.00, for a total value of $525,000.00. Following the completion of the transaction, the chief accounting officer owned 44,662 shares in the company, valued at approximately $3,126,340. This trade represents a 14.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Christina Polychroni sold 3,317 shares of Chefs’ Warehouse stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $65.45, for a total value of $217,097.65. Following the completion of the transaction, the insider owned 30,141 shares of the company’s stock, valued at approximately $1,972,728.45. This represents a 9.91% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 139,309 shares of company stock worth $9,060,197. 11.10% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Hantz Financial Services Inc. raised its stake in shares of Chefs’ Warehouse by 229.5% during the fourth quarter. Hantz Financial Services Inc. now owns 458 shares of the company’s stock valued at $29,000 after acquiring an additional 319 shares in the last quarter. Global Retirement Partners LLC bought a new position in Chefs’ Warehouse in the fourth quarter worth approximately $31,000. Caitong International Asset Management Co. Ltd raised its stake in Chefs’ Warehouse by 515.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 523 shares of the company’s stock worth $31,000 after buying an additional 438 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in Chefs’ Warehouse in the third quarter worth approximately $39,000. Finally, Osaic Holdings Inc. raised its stake in Chefs’ Warehouse by 30.7% in the second quarter. Osaic Holdings Inc. now owns 800 shares of the company’s stock worth $51,000 after buying an additional 188 shares in the last quarter. Hedge funds and other institutional investors own 91.55% of the company’s stock.
Key Chefs’ Warehouse News
Here are the key news stories impacting Chefs’ Warehouse this week:
- Positive Sentiment: Q1 results beat expectations — CHEF reported $0.40 EPS vs. ~$0.23 consensus and revenue of $1.06B (up ~11.4% YoY), signaling solid top‑line growth and margin improvement. Chefs’ Warehouse (CHEF) Tops Q1 Earnings and Revenue Estimates
- Positive Sentiment: Market reaction was favorable — coverage notes shares climbed on the earnings beat and the company’s confidence on outlook. This positive sentiment likely drove intraday strength. Chefs’ Warehouse stock climbs nearly 6% on earnings beat and raised guidance
- Neutral Sentiment: FY2026 net‑sales guidance reaffirmed around $4.35B–$4.45B — management kept its sales range for 2026, indicating stability in planning even as it models certain risks. That supports predictability but is not a clear upgrade. Chefs’ Warehouse keeps 2026 guidance at $4.35B-$4.45B net sales while modeling Middle East volatility
- Neutral Sentiment: Investor materials and outreach — the company posted its press release, slide deck and conference call materials and will present at the BMO Global Farm to Market Conference on May 14, offering additional opportunities for management to discuss execution and margin drivers. Q1 Slide Deck / Press Release
- Neutral Sentiment: Upcoming investor appearance — management will do a fireside chat at the BMO conference (May 14); analysts may use this to get color on supply chain, pricing and international exposure. The Chefs’ Warehouse, Inc. to Participate in the BMO Global Farm to Market Conference
- Negative Sentiment: Geopolitical risk flagged — management is modeling Middle East volatility into its outlook, which introduces execution risk for international operations and could pressure future results if disruptions escalate. Chefs’ Warehouse keeps 2026 guidance at $4.35B-$4.45B net sales while modeling Middle East volatility
About Chefs’ Warehouse
Chefs’ Warehouse, Inc is a specialty food distributor that supplies a broad range of high‐end ingredients and culinary products to professional chefs, restaurants, hotels, and other foodservice operators. Headquartered in Maspeth, New York, the company sources its portfolio from local artisans, boutique producers and leading global suppliers. Its core offerings include fresh and frozen proteins, specialty cuts of meat and seafood, handcrafted cheeses and charcuterie, seasonal produce, value‐added preparations, pantry staples and premium desserts and beverages.
The company operates a network of distribution centers strategically located in major metropolitan markets across North America.
Further Reading
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