Chewy (NYSE:CHWY) Given New $45.00 Price Target at Citizens Jmp

Chewy (NYSE:CHWY) had its price objective lowered by Citizens Jmp from $48.00 to $45.00 in a research report report published on Thursday morning,Benzinga reports. Citizens Jmp currently has a market outperform rating on the stock.

Several other research analysts have also recently weighed in on the stock. TD Cowen decreased their price objective on shares of Chewy from $48.00 to $39.00 and set a “buy” rating for the company in a report on Tuesday, March 10th. UBS Group set a $51.00 price target on Chewy in a research note on Tuesday, January 13th. Needham & Company LLC reaffirmed a “hold” rating on shares of Chewy in a report on Thursday, December 11th. Morgan Stanley reduced their price objective on Chewy from $51.00 to $50.00 and set an “overweight” rating for the company in a research report on Tuesday, March 10th. Finally, Raymond James Financial upgraded Chewy from a “market perform” rating to an “outperform” rating and set a $28.00 price target for the company in a research note on Thursday, February 19th. Seventeen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $43.90.

Chewy Price Performance

Shares of NYSE:CHWY opened at $27.05 on Thursday. Chewy has a 1 year low of $22.74 and a 1 year high of $48.62. The company has a market cap of $11.23 billion, a P/E ratio of 52.03, a PEG ratio of 1.80 and a beta of 1.60. The stock’s fifty day moving average price is $27.08 and its 200-day moving average price is $32.30.

Chewy (NYSE:CHWY) last released its quarterly earnings data on Wednesday, March 25th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.19). The business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.26 billion. Chewy had a return on equity of 53.48% and a net margin of 1.77%.Chewy’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.28 earnings per share. On average, sell-side analysts anticipate that Chewy will post 0.24 earnings per share for the current year.

Insiders Place Their Bets

In other Chewy news, CTO Satish Mehta sold 13,013 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $28.99, for a total transaction of $377,246.87. Following the completion of the sale, the chief technology officer owned 273,835 shares of the company’s stock, valued at approximately $7,938,476.65. The trade was a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Hsbc Holdings PLC raised its stake in Chewy by 685.2% during the 4th quarter. Hsbc Holdings PLC now owns 89,204 shares of the company’s stock worth $2,956,000 after acquiring an additional 77,843 shares during the period. Rockefeller Capital Management L.P. lifted its stake in shares of Chewy by 17.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 14,054 shares of the company’s stock valued at $464,000 after buying an additional 2,111 shares in the last quarter. Corient Private Wealth LLC bought a new position in Chewy in the 4th quarter worth $333,000. Keenan LLC bought a new position in Chewy in the 4th quarter worth $440,000. Finally, Wick Capital Partners LLC purchased a new position in shares of Chewy in the fourth quarter valued at about $237,000. 93.09% of the stock is currently owned by institutional investors.

Key Stories Impacting Chewy

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Q4 results and upbeat 2026 guidance — Chewy reported roughly $3.26B in Q4 revenue, improved margins and materially higher free cash flow, and provided a confident 2026 sales and EBITDA-margin outlook that convinced investors the recovery in profitability is sustainable. Business Wire: Chewy Q4 Results
• Positive Sentiment: Autoship strength, AI efficiency and Vet Care growth — Management highlighted Autoship (sticky recurring revenue), expected AI-driven cost savings, and expansion of Chewy Vet Care as key levers for margin expansion and market-share gains. These operating levers were cited repeatedly as the main reason for the stock move. Benzinga: AI Efficiency Benefits
• Positive Sentiment: Improving cash generation and margin profile — Analysts and investors noted a sizable year-over-year rise in free cash flow and adjusted EBITDA, supporting buyback flexibility and valuation upside in models showing multi-year EPS recovery. Seeking Alpha: Expanding Margin Profile
• Neutral Sentiment: Unusual options and intraday positioning — Large call-buying and heavy options volume amplified the move, suggesting part of the move was technical/flow-driven (short-covering and positioning) rather than purely fundamentals. American Banking News: Options Volume
• Neutral Sentiment: Positive CEO messaging & media coverage — CEO interviews and press coverage reinforced the bullish tone on resilient pet demand even as consumers face cost pressure, supporting sentiment but not altering fundamentals overnight. CNBC: CEO Interview
• Negative Sentiment: Analyst price-target cuts and mixed receptions — Several firms trimmed targets (JPMorgan, Goldman, Wedbush among others) even as many kept Buy/Overweight ratings, leaving room for further revisions and volatility if execution slips. Benzinga: Analyst Target Changes
• Negative Sentiment: Insider and institutional selling — Recent filings show insiders and some large institutions trimming positions, which increases supply risk if selling resumes and could limit near-term upside. Quiver Quant: Shareholder Activity

Chewy Company Profile

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.