Guggenheim Reiterates “Buy” Rating for Chewy (NYSE:CHWY)

Chewy (NYSE:CHWY)‘s stock had its “buy” rating reaffirmed by equities research analysts at Guggenheim in a report released on Thursday,Benzinga reports. They currently have a $45.00 target price on the stock. Guggenheim’s target price suggests a potential upside of 71.84% from the company’s current price.

Other research analysts have also issued research reports about the stock. The Goldman Sachs Group lifted their price target on shares of Chewy from $44.00 to $52.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Citizens Jmp reduced their price objective on Chewy from $48.00 to $45.00 and set a “market outperform” rating for the company in a research note on Thursday. BNP Paribas Exane restated a “neutral” rating and issued a $28.00 target price (down from $38.00) on shares of Chewy in a report on Thursday. TD Cowen boosted their target price on Chewy from $39.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, 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 report on Thursday, February 19th. Seventeen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $43.81.

Chewy Trading Down 3.0%

Shares of NYSE CHWY opened at $26.19 on Thursday. Chewy has a twelve month low of $22.74 and a twelve month high of $48.62. The firm has a 50-day moving average of $26.92 and a two-hundred day moving average of $32.20. The company has a market capitalization of $10.87 billion, a price-to-earnings ratio of 50.36, a PEG ratio of 1.83 and a beta of 1.60.

Chewy (NYSE:CHWY) last announced its quarterly earnings data on Wednesday, March 25th. The company reported $0.09 earnings per share (EPS) 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 business had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.26 billion. During the same period in the prior 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, research analysts predict that Chewy will post 0.24 earnings per share 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 transaction, the chief technology officer directly 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On Chewy

Institutional investors have recently modified their holdings of the stock. Quent Capital LLC purchased a new position in shares of Chewy during the 3rd quarter valued at $27,000. Osterweis Capital Management Inc. purchased a new stake in shares of Chewy during the second quarter worth $30,000. CoreCap Advisors LLC raised its stake in shares of Chewy by 306.3% during the 4th quarter. CoreCap Advisors LLC now owns 845 shares of the company’s stock worth $28,000 after purchasing an additional 637 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Chewy during the 4th quarter valued at about $31,000. Finally, Harbour Investments Inc. lifted its stake in Chewy by 81.4% in the fourth quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock valued at $30,000 after acquiring an additional 407 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Key Chewy News

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Management issued optimistic FY guidance and highlighted margin/FCF gains and revenue resilience — the earnings call and company presentation emphasized autoship strength, adjusted EBITDA growth and a constructive earnings outlook that drove buying interest. Chewy, Inc. Q4 2026 Earnings Call Summary
• Positive Sentiment: Autoship and customer metrics look sticky — autoship accounts for the bulk of net sales and Chewy reported active‑customer growth and higher sales per active user, which supports recurring revenue visibility and justify premium multiple expansion if execution continues. Chewy Gobbles up Market Share in 2026: Poised to Advance in Q2
• Positive Sentiment: AI-driven efficiency and Chewy Vet Care expansion are framed as near‑term margin levers — analysts and coverage pieces call out expected cost savings from AI initiatives and revenue/margin upside from the company’s vet services push. Chewy Posts Solid Q4, Indicates AI-Related Efficiency Benefits Ahead
• Neutral Sentiment: Analysts remain constructive but have trimmed price targets — several banks reaffirmed buy/overweight ratings while cutting targets after Q4, leaving a mixed consensus (many still show significant upside from current levels). These Analysts Cut Their Forecasts On Chewy Following Q4 Results
• Negative Sentiment: Institutional ownership and sentiment pose downside risk — MarketBeat flags that institutions own a very large share and were sellers earlier in the quarter; continued selling could cap near‑term upside despite positive fundamentals. Chewy Gobbles up Market Share in 2026: Poised to Advance in Q2
• Negative Sentiment: Some headlines noted mixed earnings details — while revenue and cash‑flow beats and guidance impressed, EPS and certain adjusted metrics produced mixed comparisons to Street expectations, which leaves execution risk if margins or growth slow. CHWY Stock Up 13% Following Solid Q4 Performance Despite Earnings Miss

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.