From what 29 stock analysts predict, the share price for Chewy Inc (CHWY) might increase by 3.3% in the next year. This is based on a 12-month average estimation for CHWY. Price targets go from $24 to $40. The majority of stock analysts believe CHWY is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 29 Wall Street analysts have assignedCHWY 16 buy ratings, 13 hold ratings, and 0 sell ratings. This means that analysts expect Chewy Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CHWY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CHWY.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
MoffettNathanson | Neutral | Maintains | Nov 26, 2024 | |
Justin Kleber Baird | Outperform | $40 | Maintains | Nov 25, 2024 |
Lauren Schenk Morgan Stanley | Overweight | $36 | Maintains | Nov 25, 2024 |
Lee Horowitz Deutsche Bank | Hold | $28 | Maintains | Nov 22, 2024 |
Curtis Nagle B of A Securities | Buy | $40 | Upgrade | Nov 20, 2024 |
Trevor Young Barclays | Overweight | $40 | Maintains | Nov 18, 2024 |
Steven Zaccone Citigroup | Buy | $40 | Upgrade | Nov 8, 2024 |
Bernie McTernan Needham | Hold | Reinstates | Oct 23, 2024 | |
Bill Kerr TD Cowen | Buy | $38 | Initiates | Oct 9, 2024 |
Peter Keith Piper Sandler | Overweight | $35 | Reiterates | Sep 20, 2024 |
Doug Anmuth JP Morgan | Overweight | $33 | Maintains | Aug 29, 2024 |
Curtis Nagle B of A Securities | Underperform | $24 | Maintains | Aug 29, 2024 |
Trevor Young Barclays | Overweight | $34 | Maintains | Aug 29, 2024 |
Lauren Schenk Morgan Stanley | Overweight | $33 | Maintains | Aug 29, 2024 |
Seth Basham Wedbush | Outperform | $35 | Reiterates | Aug 29, 2024 |
Michael Lasser UBS | Neutral | $30 | Maintains | Aug 29, 2024 |
Steven Shemesh RBC Capital | Outperform | $32 | Maintains | Aug 29, 2024 |
Mark Mahaney Evercore ISI Group | In-Line | $29 | Maintains | Aug 28, 2024 |
Lauren Schenk Morgan Stanley | Overweight | $30 | Maintains | Aug 26, 2024 |
Rick Patel Raymond James | Market Perform | Downgrade | Aug 21, 2024 |
When did it IPO
2019
Staff Count
18,100
Country
United States
Sector/Industry
Consumer Cyclical/Internet Retail
CEO
Mr. Sumit Singh
Market Cap
$13.63B
In 2023, CHWY generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CHWY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Chewy (CHWY) is anticipated to report earnings that may exceed expectations, driven by two key factors noted in the upcoming report.
Why It Matters - Chewy's potential earnings beat signals strong performance, which could boost investor confidence and stock price, impacting overall market sentiment in the pet retail sector.
Summary - Chewy (CHWY) closed at $34.62, down 0.77% from the previous trading day.
Why It Matters - Chewy's slight decline indicates potential volatility and market concerns, which may influence investor sentiment and trading strategies for the stock.
Summary - Chewy (CHWY) and Petco Health & Wellness (WOOF) have shown performance metrics against their sector in 2023, indicating their competitive standing in the market.
Why It Matters - The performance comparison of Chewy and Petco against their sector highlights their competitive positioning, signaling potential investment opportunities or risks within the pet care market.
Summary - Analyst recommendations from brokerage firms can significantly impact stock prices, influencing investor decisions to buy, sell, or hold.
Why It Matters - Analyst recommendations can significantly sway stock prices, impacting short-term trading decisions and market sentiment, making them crucial for investment strategies.
Summary - Retail investors may struggle to access clear market information. Monitoring Wall Street analyst actions can help identify potential investment opportunities.
Why It Matters - Retail investors may struggle with market complexities, making Wall Street analyst actions a crucial guide for identifying investment opportunities and trends.
Summary - Improved consumer sentiment may benefit retailers SFM, DECK, CHWY, and CURV, indicating potential gains from increased consumer spending.
Why It Matters - Improved consumer sentiment suggests higher retail sales, benefiting companies like SFM, DECK, CHWY, and CURV, which could lead to increased stock performance and profitability.