Chefs’ Warehouse (NASDAQ:CHEF) Price Target Raised to $125.00

Chefs’ Warehouse (NASDAQ:CHEF) had its price target upped by BTIG Research from $100.00 to $125.00 in a research report report published on Thursday, MarketBeat reports. They currently have a buy rating on the stock.

A number of other analysts have also weighed in on the company. TD Cowen raised their target price on Chefs’ Warehouse from $110.00 to $123.00 and gave the company a “buy” rating in a research note on Wednesday. Morgan Stanley lowered shares of Chefs’ Warehouse from an “overweight” rating to an “equal weight” rating and upped their target price for the stock from $83.00 to $97.00 in a research report on Wednesday, July 15th. Zacks Research lowered shares of Chefs’ Warehouse from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Weiss Ratings downgraded Chefs’ Warehouse from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 1st. Finally, Benchmark lifted their target price on Chefs’ Warehouse from $90.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $107.43.

Chefs’ Warehouse Stock Up 2.8%

Shares of CHEF opened at $115.35 on Thursday. The company has a market capitalization of $4.71 billion, a P/E ratio of 54.93 and a beta of 1.39. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.15 and a quick ratio of 1.33. Chefs’ Warehouse has a one year low of $53.20 and a one year high of $115.72. The business’s 50 day simple moving average is $92.11 and its 200-day simple moving average is $75.58.

Chefs’ Warehouse (NASDAQ:CHEF) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.19. Chefs’ Warehouse had a return on equity of 16.95% and a net margin of 2.09%.The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the company earned $0.52 EPS. Chefs’ Warehouse’s revenue for the quarter was up 12.9% on a year-over-year basis. As a group, sell-side analysts predict that Chefs’ Warehouse will post 2.37 EPS for the current fiscal year.

Insider Activity at Chefs’ Warehouse

In related news, CEO Christopher Pappas sold 125,000 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $78.00, for a total value of $9,750,000.00. Following the transaction, the chief executive officer directly owned 2,189,453 shares in the company, valued at $170,777,334. This represents a 5.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Christina Polychroni sold 4,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $79.21, for a total transaction of $356,445.00. Following the completion of the transaction, the insider directly owned 24,642 shares in the company, valued at approximately $1,951,892.82. The trade was a 15.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 11.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Hantz Financial Services Inc. grew 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 worth $29,000 after purchasing an additional 319 shares during the period. Global Retirement Partners LLC acquired a new position in Chefs’ Warehouse in the fourth quarter valued at about $31,000. Caitong International Asset Management Co. Ltd lifted 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 valued at $31,000 after buying an additional 438 shares during the period. Osaic Holdings Inc. boosted its holdings in Chefs’ Warehouse by 30.7% during the second quarter. Osaic Holdings Inc. now owns 800 shares of the company’s stock worth $51,000 after buying an additional 188 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in Chefs’ Warehouse by 98.7% during the first quarter. Parallel Advisors LLC now owns 926 shares of the company’s stock worth $55,000 after buying an additional 460 shares during the last quarter. 91.55% of the stock is currently owned by institutional investors.

More Chefs’ Warehouse News

Here are the key news stories impacting Chefs’ Warehouse this week:

• Positive Sentiment: Strong Q2 results: Chefs’ Warehouse reported earnings of $0.78 per share, exceeding the $0.59 analyst consensus, while revenue of $1.17 billion topped expectations of $1.12 billion. Revenue increased 12.9% year over year, supported by higher volumes, customer growth and margin expansion. CHEF Q2 Earnings Beat Estimates on Volume and Margin Gains
• Positive Sentiment: Raised price targets from bullish analysts: Benchmark lifted its target from $106 to $125 and maintained a “buy” rating. BTIG Research also raised its target from $100 to $125 and rated the shares “buy,” indicating continued confidence in the company’s earnings momentum. Chefs’ Warehouse Price Target Raised to $125.00 at Benchmark
• Positive Sentiment: Improved outlook: The fiscal 2026 revenue outlook and quarterly earnings beat helped drive the stock to a new 52-week high, signaling that investors view the company’s growth and operating improvements as durable. The Chefs’ Warehouse Shares Rise After FY26 Revenue Outlook, 2Q Earnings Beat Estimates
• Neutral Sentiment: Mixed analyst view: Morgan Stanley raised its price target from $97 to $104 but retained an “equal weight” rating. Its target remains below the recent trading level, suggesting the firm sees limited upside after the post-earnings rally. Morgan Stanley Price Target Update

Chefs’ Warehouse Company Profile

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.