Chewy (CHWY) – Investment Analysts’ Weekly Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Chewy (NYSE: CHWY) in the last few weeks:

• 4/17/2025 – Chewy had its price target lowered by analysts at Morgan Stanley from $40.00 to $39.00. They now have an “overweight” rating on the stock.
• 4/14/2025 – Chewy was given a new $27.00 price target on by analysts at Deutsche Bank Aktiengesellschaft. They now have a “hold” rating on the stock.
• 4/14/2025 – Chewy had its price target lowered by analysts at JMP Securities from $40.00 to $39.00. They now have a “market outperform” rating on the stock.
• 4/8/2025 – Chewy had its price target lowered by analysts at JPMorgan Chase & Co. from $40.00 to $36.00. They now have an “overweight” rating on the stock.
• 3/27/2025 – Chewy had its price target raised by analysts at JPMorgan Chase & Co. from $38.00 to $40.00. They now have an “overweight” rating on the stock.
• 3/27/2025 – Chewy had its price target raised by analysts at Barclays PLC from $40.00 to $44.00. They now have an “overweight” rating on the stock.
• 3/27/2025 – Chewy had its price target raised by analysts at Mizuho from $42.00 to $43.00. They now have an “outperform” rating on the stock.
• 3/27/2025 – Chewy had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $42.00 price target on the stock.
• 3/27/2025 – Chewy had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $39.00 price target on the stock.
• 3/27/2025 – Chewy had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 3/27/2025 – Chewy had its price target raised by analysts at Citigroup Inc. from $40.00 to $42.00. They now have a “buy” rating on the stock.
• 3/27/2025 – Chewy had its price target raised by analysts at The Goldman Sachs Group, Inc. from $40.00 to $45.00. They now have a “buy” rating on the stock.
• 3/24/2025 – Chewy was upgraded by analysts at Seaport Res Ptn to a “hold” rating.
• 3/17/2025 – Chewy had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $39.00 price target on the stock.

Chewy Stock Performance

Chewy stock traded up $0.42 during trading on Thursday, reaching $35.18. 4,646,916 shares of the company’s stock were exchanged, compared to its average volume of 7,415,089. Chewy, Inc. has a 52-week low of $14.69 and a 52-week high of $40.09. The firm has a market cap of $14.55 billion, a price-to-earnings ratio of 38.66, a PEG ratio of 2.21 and a beta of 1.68. The company’s 50-day moving average is $34.34 and its two-hundred day moving average is $33.43.

Chewy (NYSE:CHWY) last released its quarterly earnings results on Wednesday, March 26th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.03 by $0.25. Chewy had a return on equity of 24.47% and a net margin of 3.51%. The business had revenue of $3.25 billion for the quarter, compared to analysts’ expectations of $3.20 billion. During the same quarter in the previous year, the firm posted $0.07 earnings per share. The company’s revenue was up 15.0% compared to the same quarter last year. Analysts anticipate that Chewy, Inc. will post 0.24 EPS for the current year.

Insider Activity at Chewy

In other Chewy news, CFO David Reeder sold 307,558 shares of Chewy stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $37.48, for a total value of $11,527,273.84. Following the completion of the transaction, the chief financial officer now directly owns 546,257 shares in the company, valued at $20,473,712.36. The trade was a 36.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Sumit Singh sold 4,000 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $37.52, for a total value of $150,080.00. Following the sale, the chief executive officer now owns 518,581 shares in the company, valued at $19,457,159.12. The trade was a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 555,303 shares of company stock valued at $20,902,663 over the last three months. 2.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Chewy

Several large investors have recently made changes to their positions in the company. Parallel Advisors LLC raised its position in shares of Chewy by 150.2% during the 1st quarter. Parallel Advisors LLC now owns 788 shares of the company’s stock worth $26,000 after buying an additional 473 shares in the last quarter. Banque Transatlantique SA bought a new position in Chewy during the 4th quarter valued at $30,000. Fifth Third Bancorp increased its position in shares of Chewy by 83.0% during the 4th quarter. Fifth Third Bancorp now owns 979 shares of the company’s stock valued at $33,000 after purchasing an additional 444 shares during the period. North Star Investment Management Corp. raised its stake in shares of Chewy by 26.6% in the 1st quarter. North Star Investment Management Corp. now owns 1,678 shares of the company’s stock worth $55,000 after buying an additional 353 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Chewy by 22.9% in the fourth quarter. Blue Trust Inc. now owns 1,718 shares of the company’s stock valued at $58,000 after buying an additional 320 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

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.