Chewy - CHWY Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chewy in the last year. There are currently 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CHWY shares.
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18 Wall Street research analysts have issued 1-year target prices for Chewy's shares. Their CHWY share price forecasts range from $23.00 to $60.00. On average, they predict the company's share price to reach $43.58 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
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Chewy's stock was trading at $58.97 at the beginning of 2022. Since then, CHWY stock has decreased by 23.8% and is now trading at $44.92.
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Chewy saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 23,250,000 shares, a decrease of 8.2% from the October 31st total of 25,320,000 shares. Based on an average trading volume of 4,330,000 shares, the days-to-cover ratio is presently 5.4 days. Approximately 25.1% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 8th 2022.
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Chewy will be holding an earnings conference call on Thursday, December 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "836051".

Chewy, Inc. (NYSE:CHWY) announced its earnings results on Tuesday, August, 31st. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.02. The business earned $2.16 billion during the quarter, compared to analysts' expectations of $2.17 billion. Chewy had a negative trailing twelve-month return on equity of 85.74% and a negative net margin of 0.58%. Chewy's quarterly revenue was up 26.8% on a year-over-year basis. During the same quarter last year, the company earned ($0.08) earnings per share.

Chewy updated its FY 2022 earnings guidance on Tuesday, September, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $9.90 billion-$10.00 billion, compared to the consensus revenue estimate of $10.41 billion.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Chewy investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Walt Disney (DIS), DocuSign (DOCU), Block (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 $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 retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (3.93%), Vanguard Group Inc. (1.73%), Brown Advisory Inc. (1.51%), BlackRock Inc. (0.57%), Macquarie Group Ltd. (0.56%) and Marshall Wace LLP (0.45%). Insiders that own company stock include Argos Holdings Gp Llc, James A Star, James A Star, James Kevin Symancyk, Mario Jesus Marte, Satish Mehta, Stacy Bowman, Sumit Singh and Susan Helfrick.
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Shares of CHWY stock 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.
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One share of CHWY stock can currently be purchased for approximately $44.92.

Chewy (NYSE:CHWY) has a market capitalization of $18.99 billion and generates $8.89 billion in revenue each year. The company earns $-73,820,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis.

The company employs 21,300 workers across the globe.

Chewy's mailing address is 1855 GRIFFIN ROAD SUITE B-428, DANIA BEACH FL, 33004. The official website for the company is www.chewy.com. The company can be reached via phone at (786) 320-7111 or via email at ir@chewy.com.