Chewy (NYSE:CHWY) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• "Moderate Buy" consensus from 25 analysts (18 buy, 5 hold, 2 strong buy) with a one‑year average target of $42.91, though several firms (Bank of America, JPMorgan, Goldman) recently trimmed targets into the $40–$46 range.
• Chewy missed quarterly EPS expectations—$0.09 vs. $0.28 consensus—while reporting $3.26B in revenue in line with estimates, prompting a post‑earnings share pullback and weaker sentiment among momentum investors.
• Insider selling was reported (GC Da‑Wai Hu sold 8,149 shares at $26.91; CTO Satish Mehta sold 13,013 at $28.99), insiders own 0.43% versus 93.09% institutional ownership, and the company is expanding strategically with the acquisition of Modern Animal to build a pet‑healthcare ecosystem.

Chewy (NYSE:CHWY - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty-five ratings firms that are currently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $42.9091.

Several research analysts recently commented on the company. Bank of America reduced their price objective on Chewy from $46.00 to $40.00 and set a "buy" rating for the company in a research note on Thursday, March 26th. Weiss Ratings reissued a "hold (c)" rating on shares of Chewy in a research note on Monday. JPMorgan Chase & Co. reduced their price objective on Chewy from $46.00 to $40.00 and set an "overweight" rating for the company in a research note on Thursday, March 26th. The Goldman Sachs Group reduced their price objective on Chewy from $52.00 to $46.00 and set a "buy" rating for the company in a research note on Thursday, March 26th. Finally, Piper Sandler reissued an "overweight" rating on shares of Chewy in a research note on Thursday, February 5th.

Insider Buying and Selling at Chewy

In related news, General Counsel Da-Wai Hu sold 8,149 shares of the stock in a transaction on Wednesday, April 1st. The stock was 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 Securities & Exchange Commission, which can be accessed through this link. Also, CTO Satish Mehta sold 13,013 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $28.99, for a total value of $377,246.87. Following the completion of the transaction, the chief technology officer directly owned 273,835 shares of the company's stock, valued at approximately $7,938,476.65. This represents a 4.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.43% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC raised its stake in Chewy by 137.0% in the 1st quarter. Root Financial Partners LLC now owns 2,969 shares of the company's stock valued at $80,000 after purchasing an additional 1,716 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its stake in shares of Chewy by 216.9% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 36,850 shares of the company's stock worth $995,000 after acquiring an additional 25,220 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Chewy by 1,937.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 239,743 shares of the company's stock worth $6,473,000 after acquiring an additional 227,974 shares during the last quarter. Diamant Asset Management Inc. increased its stake in shares of Chewy by 2,600.0% in the 1st quarter. Diamant Asset Management Inc. now owns 353,700 shares of the company's stock worth $9,550,000 after acquiring an additional 340,600 shares during the last quarter. Finally, Pictet Asset Management Holding SA increased its stake in shares of Chewy by 8.9% in the 1st quarter. Pictet Asset Management Holding SA now owns 36,506 shares of the company's stock worth $986,000 after acquiring an additional 2,986 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Chewy Price Performance

Shares of NYSE:CHWY opened at $26.03 on Friday. Chewy has a 1 year low of $22.74 and a 1 year high of $48.62. The firm has a market capitalization of $10.85 billion, a price-to-earnings ratio of 50.06, a price-to-earnings-growth ratio of 1.11 and a beta of 1.61. The business's 50 day moving average price is $25.91 and its 200-day moving average price is $30.59.

Chewy (NYSE:CHWY - Get Free Report) last announced its earnings results on Wednesday, March 25th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.19). Chewy had a net margin of 1.77% and a return on equity of 53.48%. The business had revenue of $3.26 billion for the quarter, compared to analysts' expectations of $3.26 billion. During the same quarter last year, the business earned $0.28 EPS. The company's quarterly revenue was up .5% on a year-over-year basis. On average, sell-side analysts expect that Chewy will post 0.89 earnings per share for the current year.

Key Chewy News

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Analyst take that Chewy shows durable demand, consistent earnings growth, and high customer stickiness (autoship now ~84% of revenue), framing the post-decline share price as a buy opportunity. Chewy: Durable Demand And Consistent Earnings Growth
• Positive Sentiment: Column argues the sell-off creates a value/growth entry: stronger profitability trends and a lower valuation on a longer-term growth outlook. 3 Reasons the Sell-Off in Chewy Is a Gift for Long-Term Investors
• Positive Sentiment: Zacks highlights Chewy as a top long-term growth pick based on style scores, reinforcing investor interest from growth and momentum investors. Why Chewy (CHWY) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Zacks also profiles Chewy as a strong momentum stock, supporting the thesis that improved sentiment could attract momentum flows if fundamentals remain steady. Here's Why Chewy (CHWY) is a Strong Momentum Stock
• Neutral Sentiment: Chewy announced a deal to buy Modern Animal (vet clinics + virtual care), a strategic move toward an integrated pet healthcare ecosystem that could lift long-term revenue per customer but will require execution and likely near-term integration costs. Chewy (CHWY) to Acquire Veterinary Platform Modern Animal to Expand Pet Healthcare Ecosystem
• Neutral Sentiment: Industry roundup compares Chewy’s Q4 performance to peers — useful context for relative performance but not a direct catalyst. Winners And Losers Of Q4: Chewy NYSE: CHWY Vs The Rest Of The Online Retail Stocks
• Neutral Sentiment: Feature on a new affordable Chewy-branded cat bed — minor consumer-facing news that supports brand engagement but is unlikely to move the stock materially. Discover Chewy's affordable cow-themed cat bed and scratcher for small spaces at $43
• Negative Sentiment: Coverage explaining recent share weakness and a ~5% dip tied to the post-earnings reaction and cautious near-term outlook; these stories can reinforce short-term selling pressure. Why Is Chewy (CHWY) Down 5% Since Last Earnings Report?
• Negative Sentiment: Market write-ups detail a sharper-than-market intraday decline, signaling that sentiment and momentum, not just fundamentals, have pressured the stock recently. Why Chewy (CHWY) Dipped More Than Broader Market Today

About Chewy

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.

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