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

Shares of Chewy (NYSE:CHWY) have been given an average recommendation of “Moderate Buy” by the twenty-two brokerages that are currently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and seventeen have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $44.00.

CHWY has been the subject of several research reports. Raymond James Financial raised Chewy from a “market perform” rating to an “outperform” rating and set a $28.00 target price for the company in a research note on Thursday, February 19th. Guggenheim reiterated a “buy” rating and issued a $45.00 price target on shares of Chewy in a report on Thursday, March 26th. JPMorgan Chase & Co. lowered their price objective on Chewy from $46.00 to $40.00 and set an “overweight” rating for the company in a research report on Thursday, March 26th. Citigroup dropped their price objective on Chewy from $42.00 to $40.00 and set a “buy” rating for the company in a report on Friday. Finally, Piper Sandler restated an “overweight” rating on shares of Chewy in a research report on Thursday, February 5th.

Key Headlines Impacting Chewy

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Autoship now represents ~84% of revenues (>$2.7B in Q4), highlighting growing recurring revenue and AI-driven personalization that can stabilize lifetime value and margins. CHWY’s Autoship Hits 84%: Is Recurring Revenue a Key Catalyst? Zacks: CHWY’s Autoship Hits 84%
• Positive Sentiment: Management issued robust fiscal 2026 guidance and the company posted strong quarterly metrics, prompting bullish coverage and articles arguing the stock remains attractive after the pullback. Chewy Shares Climb on Upbeat Outlook, but It’s Not Too Late to Buy the Stock
• Positive Sentiment: Royal Bank of Canada raised its price target to $47 and keeps an “Outperform” rating, implying substantial upside from current levels and signaling some buy-side confidence. Benzinga: RBC Raises Price Target
• Positive Sentiment: Jim Cramer publicly backed Chewy’s quarter on Mad Money, noting the company’s story and execution remain on track — a sentiment that can support retail interest. Jim Cramer Believes: “Chewy (CHWY)’s Story Remains Firmly On Track”
• Positive Sentiment: Several bullish write-ups highlight Chewy as potentially undervalued after a significant drawdown from its highs, citing the company’s expanding recurring revenue and improving unit economics. Down Around 47% From Its High, Should You Buy Chewy Stock Right Now?
• Neutral Sentiment: Chewy is listed among active mid-cap picks in a market roundup — increases visibility but is not news specific to fundamentals. 5 Most Active Mid-Cap Stocks to Invest In
• Negative Sentiment: Citigroup trimmed its price target to $40, a move that tempers some of the bullish analyst momentum and contributes to mixed street sentiment. Citigroup Cuts Chewy Price Target to $40

Chewy Price Performance

CHWY opened at $25.95 on Tuesday. The stock has a market capitalization of $10.77 billion, a P/E ratio of 49.90, a price-to-earnings-growth ratio of 1.77 and a beta of 1.60. The company’s 50 day simple moving average is $26.77 and its 200-day simple moving average is $32.03. Chewy has a one year low of $22.74 and a one year high of $48.62.

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

Insider Activity at Chewy

In related news, CTO Satish Mehta sold 13,013 shares of the business’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 completion of the sale, the chief technology officer directly owned 273,835 shares of the company’s stock, valued at $7,938,476.65. The trade was a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.43% of the stock is currently owned by corporate insiders.

Institutional Trading of Chewy

Institutional investors have recently bought and sold shares of the business. Park Avenue Securities LLC boosted its stake in shares of Chewy by 4.0% during the 3rd quarter. Park Avenue Securities LLC now owns 7,810 shares of the company’s stock worth $316,000 after buying an additional 302 shares during the last quarter. Transatlantique Private Wealth LLC increased its position in shares of Chewy by 3.0% in the third quarter. Transatlantique Private Wealth LLC now owns 10,922 shares of the company’s stock valued at $442,000 after acquiring an additional 314 shares during the last quarter. National Bank of Canada FI increased its position in shares of Chewy by 12.5% in the third quarter. National Bank of Canada FI now owns 2,910 shares of the company’s stock valued at $118,000 after acquiring an additional 324 shares during the last quarter. Angeles Wealth Management LLC raised its holdings in Chewy by 6.6% during the third quarter. Angeles Wealth Management LLC now owns 5,305 shares of the company’s stock worth $215,000 after acquiring an additional 330 shares in the last quarter. Finally, Sivia Capital Partners LLC boosted its position in Chewy by 3.2% during the third quarter. Sivia Capital Partners LLC now owns 11,072 shares of the company’s stock valued at $448,000 after purchasing an additional 343 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

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.