Chewy (NYSE:CHWY) Receives Average Recommendation of “Moderate Buy” from Analysts

Chewy (NYSE:CHWY) has received an average recommendation of “Moderate Buy” from the twenty-five research firms that are currently covering the company, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation, eighteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $32.0476.

Several analysts have issued reports on CHWY shares. Zacks Research downgraded shares of Chewy from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. JPMorgan Chase & Co. cut their target price on Chewy from $35.00 to $29.00 and set an “overweight” rating on the stock in a research note on Thursday, June 11th. UBS Group reduced their price target on Chewy from $32.00 to $24.00 and set a “neutral” rating on the stock in a report on Thursday, June 11th. TD Cowen decreased their price target on Chewy from $42.00 to $34.00 and set a “buy” rating for the company in a research note on Thursday, June 11th. Finally, Argus upgraded Chewy to a “strong-buy” rating in a report on Tuesday, April 7th.

Insider Buying and Selling at Chewy

In related news, General Counsel Da-Wai Hu sold 8,149 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $26.91, for a total value of $219,289.59. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sumit Singh sold 4,220 shares of Chewy stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $25.60, for a total transaction of $108,032.00. Following the sale, the chief executive officer owned 123,955 shares of the company’s stock, valued at $3,173,248. The trade was a 3.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 95,675 shares of company stock valued at $2,459,955. Corporate insiders own 0.34% of the company’s stock.

Hedge Funds Weigh In On Chewy

A number of hedge funds have recently added to or reduced their stakes in CHWY. Vanguard Group Inc. raised its stake in shares of Chewy by 5.4% during the fourth quarter. Vanguard Group Inc. now owns 19,920,347 shares of the company’s stock valued at $658,367,000 after acquiring an additional 1,017,214 shares in the last quarter. Wellington Management Group LLP grew its stake in Chewy by 295.9% in the third quarter. Wellington Management Group LLP now owns 17,622,768 shares of the company’s stock worth $712,841,000 after purchasing an additional 13,171,325 shares in the last quarter. Viking Global Investors LP increased its holdings in Chewy by 146.9% during the 4th quarter. Viking Global Investors LP now owns 13,536,645 shares of the company’s stock worth $447,386,000 after purchasing an additional 8,052,955 shares during the period. AQR Capital Management LLC raised its position in Chewy by 10.0% during the 4th quarter. AQR Capital Management LLC now owns 11,218,840 shares of the company’s stock valued at $370,558,000 after purchasing an additional 1,022,694 shares in the last quarter. Finally, Morgan Stanley raised its position in Chewy by 33.8% during the 4th quarter. Morgan Stanley now owns 7,660,258 shares of the company’s stock valued at $253,172,000 after purchasing an additional 1,937,014 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.

More Chewy News

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Chewy’s Autoship program continues to support customer growth, helping drive recurring revenue, stronger engagement, and market-share gains. Chewy’s Autoship Program Continues to Drive Customer Growth
• Positive Sentiment: Chewy is also leaning on pet health, AI, and advertising to expand fiscal 2026 margins, which could improve profitability even if sales growth stays uneven. CHWY Is Tapping AI and Pet Health to Expand Margins in 2026
• Positive Sentiment: Some analysts view the post-selloff valuation as more attractive, noting that Chewy’s lower sales multiple and Autoship strength could support a rebound if demand stabilizes. Is CHWY Stock a Buy After Its Selloff and Lower Revenue View
• Neutral Sentiment: Investors are also focusing on analyst questions from Chewy’s Q1 earnings call for clues on how management plans to balance growth, margins, and customer retention. 5 revealing analyst questions from Chewy’s Q1 earnings call
• Negative Sentiment: Chewy’s shares have been hit hard as weaker consumer spending and a lower sales outlook continue to weigh on growth expectations. Chewy Stock Tumbles 45% in 3 Months: What Should Investors Do Now?

Chewy Stock Up 2.7%

CHWY stock opened at $18.25 on Friday. Chewy has a twelve month low of $17.64 and a twelve month high of $43.84. The stock has a market capitalization of $7.60 billion, a price-to-earnings ratio of 30.41, a price-to-earnings-growth ratio of 0.90 and a beta of 1.44. The firm’s fifty day simple moving average is $22.84 and its two-hundred day simple moving average is $26.98.

Chewy (NYSE:CHWY) last released its earnings results on Wednesday, June 10th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.19. Chewy had a net margin of 1.99% and a return on equity of 60.02%. The firm had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same quarter last year, the business earned $0.35 EPS. The business’s revenue was up 9.7% on a year-over-year basis. Chewy has set its Q2 2026 guidance at 0.360-0.360 EPS. As a group, equities research analysts expect that Chewy will post 0.8 EPS for the current year.

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.