Seaport Res Ptn Has Positive Outlook for Chewy Q3 Earnings

Chewy (NYSE:CHWY) – Stock analysts at Seaport Res Ptn increased their Q3 2026 earnings per share (EPS) estimates for shares of Chewy in a research report issued to clients and investors on Wednesday, September 10th. Seaport Res Ptn analyst A. Kessler now forecasts that the company will earn $0.12 per share for the quarter, up from their previous forecast of $0.11. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Chewy’s current full-year earnings is $0.24 per share. Seaport Res Ptn also issued estimates for Chewy’s Q4 2026 earnings at $0.04 EPS.

Other research analysts also recently issued research reports about the company. Needham & Company LLC reiterated a “hold” rating on shares of Chewy in a report on Thursday. UBS Group lowered their price objective on Chewy from $46.00 to $43.00 and set a “neutral” rating for the company in a research report on Thursday. Morgan Stanley dropped their price objective on shares of Chewy from $50.00 to $48.00 and set an “overweight” rating on the stock in a research note on Thursday. Wall Street Zen upgraded shares of Chewy from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Guggenheim reissued a “buy” rating and issued a $45.00 target price (up from $42.00) on shares of Chewy in a report on Thursday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $45.72.

Chewy Stock Down 3.6%

Shares of Chewy stock opened at $34.72 on Monday. Chewy has a 52 week low of $26.28 and a 52 week high of $48.62. The company has a market cap of $14.42 billion, a PE ratio of 99.20, a P/E/G ratio of 7.25 and a beta of 1.65. The business has a 50 day moving average of $38.47 and a 200 day moving average of $38.33.

Chewy (NYSE:CHWY) last posted its quarterly earnings results on Wednesday, September 10th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.19). The firm had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.08 billion. Chewy had a net margin of 1.22% and a return on equity of 50.45%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.24 earnings per share. Chewy has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.280-0.330 EPS.

Institutional Trading of Chewy

A number of institutional investors and hedge funds have recently bought and sold shares of CHWY. Parkside Financial Bank & Trust boosted its holdings in shares of Chewy by 34.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,161 shares of the company’s stock valued at $49,000 after purchasing an additional 298 shares during the last quarter. Liberty One Investment Management LLC raised its holdings in shares of Chewy by 4.7% during the 1st quarter. Liberty One Investment Management LLC now owns 7,051 shares of the company’s stock worth $229,000 after acquiring an additional 314 shares in the last quarter. North Star Investment Management Corp. boosted its position in shares of Chewy by 26.6% during the 1st quarter. North Star Investment Management Corp. now owns 1,678 shares of the company’s stock valued at $55,000 after acquiring an additional 353 shares during the last quarter. Federated Hermes Inc. raised its stake in Chewy by 2.3% during the first quarter. Federated Hermes Inc. now owns 15,685 shares of the company’s stock valued at $510,000 after purchasing an additional 354 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its position in Chewy by 5.3% during the first quarter. Park Avenue Securities LLC now owns 7,281 shares of the company’s stock valued at $237,000 after purchasing an additional 364 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

Insider Activity

In other Chewy news, CEO Sumit Singh sold 29,557 shares of the firm’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $35.57, for a total transaction of $1,051,342.49. Following the sale, the chief executive officer directly owned 540,406 shares of the company’s stock, valued at $19,222,241.42. This trade represents a 5.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO William G. Billings sold 20,142 shares of the company’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $35.57, for a total value of $716,450.94. Following the completion of the transaction, the chief accounting officer directly owned 29,464 shares of the company’s stock, valued at approximately $1,048,034.48. This trade represents a 40.60% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 30,008,777 shares of company stock worth $1,252,444,321. 0.43% of the stock is currently owned by corporate insiders.

Chewy Company Profile

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.