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Chewy Inc

Chewy Inc Stock Forecast & Price Prediction

Live Chewy Inc Stock (CHWY) Price
$33.41

29

Ratings

  • Buy 16
  • Hold 13
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$33.41

P/E Ratio

40.25

Volume Traded Today

$2.3M

Dividend

Dividends not available for CHWY

52 Week High/low

39.10/14.69

Chewy Inc Market Cap

$13.63B

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CHWY Summary

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.

CHWY Analyst Ratings

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.

CHWY stock forecast by analyst

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

CHWY Company Information

What They Do: E-commerce platform for pet products and services.

Business Model: The company operates a pure play e-commerce model, generating revenue through the sale of a wide variety of pet-related products, including food, supplies, medications, and services. It leverages its retail websites and mobile apps to reach customers directly, providing a convenient shopping experience for pet owners.

Other Information: Founded in 2010 and headquartered in Plantation, Florida, the company has established itself as a significant player in the pet e-commerce market, catering to various animals such as dogs, cats, fish, birds, small pets, horses, and reptiles.
CHWY
Chewy Inc (CHWY)

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

Chewy Inc (CHWY) Financial Data

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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $11.31B
  • Operating Margin TTM 1.1%
  • Gross profit TTM $3.16B
  • Return on assets TTM 1.4%
  • Return on equity TTM 85.2%
  • Profit Margin 3.2%
  • Book Value Per Share 1.17%
  • Market capitalisation $13.63B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $0.83

Chewy Inc (CHWY) Latest News

News Image

Wed, 27 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Tue, 26 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Wed, 27 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 26 Nov 2024

Sentiment - POSITIVE

Source - MarketBeat

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.

News Image

Wed, 27 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

CHWY Frequently asked questions

The highest forecasted price for CHWY is $40 from Mark Kelley at Nomura.

The lowest forecasted price for CHWY is $24 from Rick Patel from Raymond James

The CHWY analyst ratings consensus are 16 buy ratings, 13 hold ratings, and 0 sell ratings.