William Blair Has Pessimistic Outlook of Chewy Q4 Earnings

Chewy, Inc. (NYSE:CHWY) – Stock analysts at William Blair dropped their Q4 2026 earnings per share (EPS) estimates for Chewy in a research note issued on Monday, May 12th. William Blair analyst D. Carden now anticipates that the company will earn $0.08 per share for the quarter, down from their previous forecast of $0.12. The consensus estimate for Chewy’s current full-year earnings is $0.24 per share.

Chewy (NYSE:CHWY) last posted its earnings results on Wednesday, March 26th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.25. The company had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.20 billion. Chewy had a return on equity of 24.47% and a net margin of 3.51%. Chewy’s revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.07 earnings per share.

CHWY has been the subject of a number of other research reports. Morgan Stanley lowered their target price on Chewy from $40.00 to $39.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Wedbush reiterated an “outperform” rating and set a $39.00 price objective on shares of Chewy in a report on Thursday, March 27th. Seaport Res Ptn upgraded Chewy to a “hold” rating in a report on Monday, March 24th. Needham & Company LLC reiterated a “hold” rating on shares of Chewy in a report on Thursday, March 27th. Finally, The Goldman Sachs Group increased their price objective on Chewy from $40.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, March 27th. Six research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $38.47.

Chewy Stock Up 1.1%

Chewy stock opened at $41.46 on Thursday. The business has a fifty day moving average of $34.90 and a two-hundred day moving average of $34.72. The firm has a market cap of $17.15 billion, a P/E ratio of 45.56, a P/E/G ratio of 2.21 and a beta of 1.69. Chewy has a twelve month low of $15.78 and a twelve month high of $41.71.

Insider Buying and Selling

In other Chewy news, CEO Sumit Singh sold 8,552 shares of Chewy stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $33.35, for a total transaction of $285,209.20. Following the completion of the transaction, the chief executive officer now owns 62,096 shares in the company, valued at approximately $2,070,901.60. This trade represents a 12.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO David Reeder sold 11,582 shares of Chewy stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $36.44, for a total value of $422,048.08. Following the transaction, the chief financial officer now owns 397,556 shares of the company’s stock, valued at $14,486,940.64. The trade was a 2.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold 307,411 shares of company stock worth $11,928,229 in the last 90 days. Insiders own 2.10% of the company’s stock.

Hedge Funds Weigh In On Chewy

Institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC raised its stake in shares of Chewy by 150.2% during the 1st quarter. Parallel Advisors LLC now owns 788 shares of the company’s stock valued at $26,000 after buying an additional 473 shares during the last quarter. Banque Transatlantique SA acquired a new stake in shares of Chewy during the 4th quarter valued at about $30,000. Golden State Wealth Management LLC grew its position in shares of Chewy by 104.6% during the 1st quarter. Golden State Wealth Management LLC now owns 941 shares of the company’s stock valued at $31,000 after acquiring an additional 481 shares during the period. Fifth Third Bancorp grew 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 acquiring an additional 444 shares during the period. Finally, N.E.W. Advisory Services LLC acquired a new stake in shares of Chewy during the 1st quarter valued at about $44,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Chewy Company Profile

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.