Chewy Stock Forecast, Price & News

Chewy's stock was trading at $25.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CHWY stock has increased by 302.6% and is now trading at $102.49.
View which stocks have been most impacted by COVID-19.

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chewy in the last year. There are currently 1 sell rating, 3 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Chewy stock.
View analyst ratings for Chewy or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Chewy a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Chewy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

365 employees have rated Chewy CEO Sumit Singh on Glassdoor.com. Sumit Singh has an approval rating of 63% among Chewy's employees. This puts Sumit Singh in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Chewy is scheduled to release its next quarterly earnings announcement on Thursday, April 1st 2021.
View our earnings forecast for Chewy.

Chewy, Inc. (NYSE:CHWY) issued its quarterly earnings results on Monday, December, 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.13) by $0.05. The firm had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.73 billion. The company's revenue was up 44.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.20) earnings per share.
View Chewy's earnings history.

Chewy updated its FY 2020 After-Hours earnings guidance on Tuesday, December, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $7.04-7.06 billion, compared to the consensus revenue estimate of $6.84 billion.

19 analysts have issued 12 month price targets for Chewy's shares. Their forecasts range from $38.00 to $121.00. On average, they anticipate Chewy's share price to reach $79.29 in the next twelve months. This suggests that the stock has a possible downside of 22.6%.
View analysts' price targets for Chewy or view Wall Street analyst' top-rated stocks.

Chewy saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 16,390,000 shares, an increase of 26.1% from the December 15th total of 13,000,000 shares. Based on an average daily volume of 4,280,000 shares, the days-to-cover ratio is presently 3.8 days.
View Chewy's Short Interest.

Some companies that are related to Chewy include Wayfair (W), Vipshop (VIPS), CDW (CDW), Stitch Fix (SFIX), Ozon (OZON), Qurate Retail (QRTEA), Jumia Technologies (JMIA), Insight Enterprises (NSIT), Overstock.com (OSTK), Revolve Group (RVLV), Baozun (BZUN), PC Connection (CNXN), LightInTheBox (LITB), Ruhnn (RUHN) and Blue Apron (APRN).
View all of CHWY's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chewy investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), The Walt Disney (DIS), DocuSign (DOCU), Square (SQ), Zoom Video Communications (ZM), Netflix (NFLX), Micron Technology (MU) and Alibaba Group (BABA).

(CHWY) raised $749 million in an initial public offering on Friday, June 14th 2019. The company issued 41,600,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan and Allen & Company acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Jefferies, RBC Capital Markets, UBS Investment Bank, Wells Fargo Securities, Nomura, Raymond James and William Blair were co-managers.

Chewy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHWY."

Chewy's stock is owned by a number of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.07%), Columbus Circle Investors (0.05%), Greylin Investment Mangement Inc. (0.02%), Huntington National Bank (0.01%), Kestra Private Wealth Services LLC (0.00%) and Janney Montgomery Scott LLC (0.00%). Company insiders that own Chewy stock include Argos Holdings Gp Llc, James A Star, James Kevin Symancyk, Lisa Marie Sibenac, Mario Jesus Marte, Satish Mehta, Sharon Mccollam, Stacy Bowman, Sumit Singh and Susan Helfrick.
View institutional ownership trends for Chewy.

CHWY stock was sold by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Scout Investments Inc., IFP Advisors Inc, Park Avenue Securities LLC, Radnor Capital Management LLC, Pendal Group Limited, International Assets Investment Management LLC, and Vivid Financial Management Inc.. Company insiders that have sold Chewy company stock in the last year include James A Star, James Kevin Symancyk, Mario Jesus Marte, Satish Mehta, Stacy Bowman, Sumit Singh, and Susan Helfrick.
View insider buying and selling activity for Chewy or view top insider-selling stocks.

CHWY stock was purchased by a variety of institutional investors in the last quarter, including Kestra Advisory Services LLC, Kovack Advisors Inc., IFM Investors Pty Ltd, XR Securities LLC, Meridian Wealth Management LLC, Huntington National Bank, Brookstone Capital Management, and Raymond James Trust N.A.. Company insiders that have bought Chewy stock in the last two years include James A Star, Lisa Marie Sibenac, Mario Jesus Marte, Sharon Mccollam, Stacy Bowman, Sumit Singh, and Susan Helfrick.
View insider buying and selling activity for Chewy or or view top insider-buying stocks.

Shares of CHWY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CHWY stock can currently be purchased for approximately $102.49.

Chewy has a market capitalization of $42.29 billion and generates $4.85 billion in revenue each year. The company earns $-252,370,000.00 in net income (profit) each year or ($0.63) on an earnings per share basis. Chewy employs 12,000 workers across the globe.

The official website for Chewy is www.chewy.com.

Chewy's mailing address is 1855 GRIFFIN ROAD SUITE B-428, DANIA BEACH FL, 33004. The company can be reached via phone at 786-320-7111 or via email at [email protected]