Chewy (NYSE:CHWY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Chewy (NYSE:CHWY) have been assigned a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $46.05.

Several research firms have commented on CHWY. Wall Street Zen upgraded shares of Chewy from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. TD Cowen reiterated a “buy” rating on shares of Chewy in a research note on Thursday, December 4th. Weiss Ratings restated a “hold (c)” rating on shares of Chewy in a research note on Wednesday, January 21st. Wolfe Research set a $44.00 price target on Chewy in a report on Monday, January 5th. Finally, Raymond James Financial upgraded Chewy from a “market perform” rating to an “outperform” rating and set a $28.00 price objective on the stock in a report on Thursday, February 19th.

Insider Buying and Selling

In other Chewy news, CTO Satish Mehta sold 13,013 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $28.99, for a total transaction of $377,246.87. Following the sale, the chief technology officer owned 273,835 shares of the company’s stock, valued at approximately $7,938,476.65. This trade represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.43% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Chewy

Several hedge funds and other institutional investors have recently bought and sold shares of CHWY. Winslow Asset Management Inc. purchased a new position in Chewy in the 3rd quarter valued at $6,171,000. Nordea Investment Management AB acquired a new stake in shares of Chewy in the 3rd quarter worth $6,967,000. Federated Hermes Inc. boosted its holdings in shares of Chewy by 2,715.2% in the third quarter. Federated Hermes Inc. now owns 664,079 shares of the company’s stock valued at $26,862,000 after acquiring an additional 640,490 shares in the last quarter. CWM LLC increased its stake in shares of Chewy by 8,785.0% during the third quarter. CWM LLC now owns 284,499 shares of the company’s stock worth $11,508,000 after acquiring an additional 281,297 shares during the period. Finally, Intech Investment Management LLC raised its holdings in Chewy by 218.6% during the third quarter. Intech Investment Management LLC now owns 173,300 shares of the company’s stock worth $7,010,000 after purchasing an additional 118,903 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Chewy Trading Up 2.1%

NYSE:CHWY opened at $26.04 on Friday. Chewy has a 12-month low of $23.06 and a 12-month high of $48.62. The firm has a market cap of $10.81 billion, a PE ratio of 54.25, a price-to-earnings-growth ratio of 1.72 and a beta of 1.60. The stock has a fifty day moving average price of $29.36 and a 200 day moving average price of $33.93.

Chewy (NYSE:CHWY) last posted its quarterly earnings results on Wednesday, December 10th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. Chewy had a return on equity of 56.78% and a net margin of 1.64%.The company had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same quarter last year, the company earned $0.20 EPS. Chewy’s revenue for the quarter was up 8.1% compared to the same quarter last year. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. Equities analysts forecast that Chewy will post 0.24 EPS for the current year.

Key Headlines Impacting Chewy

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Appointment of experienced CFO — Chewy named Christopher S. Deppe, an Amazon finance veteran, as CFO; investors view this as a strengthening of financial leadership and execution ahead of margin and growth targets. Chewy Names Amazon Veteran CFO As Market Watches Margins And Growth
• Positive Sentiment: Strategic expansion into pet health — Chewy is broadening beyond commerce into vet clinics, telehealth, insurance and advertising to deepen customer engagement, improve retention and create higher-margin revenue streams over time. This supports a longer-term thesis for revenue diversification and margin improvement. Chewy Expands Pet Health Platform: Is CHWY a Long-Term Play?
• Positive Sentiment: Analyst note: Barclays cuts target but stays constructive — Barclays trimmed its price target from $52 to $48 while maintaining an “overweight” rating, signaling continued bullish conviction despite the modest downgrade. Barclays price target note
• Neutral Sentiment: Consumer-product pickup (branding/merchandising) — Lifestyle coverage highlights new product launches like a wicker cat condo, which can help marketing and margin if it scales but is not material to near-term earnings. Chewy’s Stylish Wicker Cat Condo Comes in 2 Gorgeous Natural Shades
• Neutral Sentiment: Wall Street positioning — Coverage remains skewed to buy/overweight ratings and a median price target well above the current level, indicating continued analyst optimism even as some targets are revised. QuiverQuant coverage of analyst ratings and targets
• Negative Sentiment: Pre-earnings caution and recent share weakness — The stock has pulled back amid positioning ahead of Chewy’s Q4 and full-year 2025 results (scheduled for March 25), creating short-term volatility and selling pressure. Chewy falls 5% as investors stay cautious ahead of late-March earnings
• Negative Sentiment: Insider and institutional selling — Recent Form 4 disclosures and large institutional reductions (including sizable sales by major holders) have increased perceived supply risk and amplified the pullback. Chewy (CHWY) Stock Drops Despite Market Gains: Important Facts to Note

About Chewy

Chewy, Inc (NYSE: CHWY) is a leading e-commerce retailer specializing in pet food, supplies and services. The company offers a comprehensive assortment of products for dogs, cats, fish, birds and other small animals, including prescription medications, veterinary health products, grooming essentials and toys. Through its online platform and mobile app, Chewy provides an intuitive shopping experience with features such as Autoship, ensuring regular deliveries of pet essentials at schedule intervals.

Founded in 2011 by Ryan Cohen and Michael Day, Chewy initially operated under the name Mr.