Weekly Investment Analysts’ Ratings Changes for Chewy (CHWY)

A number of research firms have changed their ratings and price targets for Chewy (NYSE: CHWY):

• 6/4/2026 – Chewy had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $47.00 price target on the stock.
• 6/3/2026 – Chewy had its price target lowered by Mizuho from $50.00 to $40.00. They now have an “outperform” rating on the stock.
• 6/2/2026 – Chewy had its price target lowered by JPMorgan Chase & Co. from $40.00 to $35.00. They now have an “overweight” rating on the stock.
• 5/26/2026 – Chewy had its price target lowered by Barclays PLC from $48.00 to $40.00. They now have an “overweight” rating on the stock.
• 5/26/2026 – Chewy had its price target lowered by Morgan Stanley from $49.00 to $43.00. They now have an “overweight” rating on the stock.
• 5/25/2026 – Chewy was downgraded by Zacks Research from “strong-buy” to “hold”.
• 5/19/2026 – Chewy was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 5/12/2026 – Chewy had its price target lowered by Citigroup Inc. from $40.00 to $37.00. They now have a “buy” rating on the stock.
• 5/9/2026 – Chewy was downgraded by Wall Street Zen from “buy” to “hold”.
• 4/27/2026 – Chewy had its “buy” rating reaffirmed by Guggenheim. They now have a $45.00 price target on the stock.
• 4/20/2026 – Chewy had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 4/16/2026 – Chewy was upgraded by Zacks Research from “hold” to “strong-buy”.
• 4/13/2026 – Chewy had its “buy” rating reaffirmed by Guggenheim. They now have a $45.00 price target on the stock.
• 4/7/2026 – Chewy was upgraded by Argus to “strong-buy”.

Insider Buying and Selling

In other Chewy news, CEO Sumit Singh sold 83,306 shares of Chewy stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $25.60, for a total value of $2,132,633.60. Following the completion of the transaction, the chief executive officer directly owned 874,061 shares in the company, valued at $22,375,961.60. The trade was a 8.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Da-Wai Hu sold 8,149 shares of Chewy stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $26.91, for a total value of $219,289.59. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 95,675 shares of company stock valued at $2,459,955. 0.34% of the stock is currently owned by insiders.

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.