Chewy (NYSE:CHWY – Get Free Report) had its price objective cut by investment analysts at The Goldman Sachs Group from $52.00 to $46.00 in a report released on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. The Goldman Sachs Group’s target price would suggest a potential upside of 69.39% from the stock’s previous close.
A number of other research analysts also recently weighed in on the stock. Wolfe Research set a $44.00 price target on shares of Chewy in a report on Monday, January 5th. Morgan Stanley reduced their price target on Chewy from $51.00 to $50.00 and set an “overweight” rating for the company in a research report on Tuesday, March 10th. Wall Street Zen upgraded Chewy from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. UBS Group set a $51.00 price objective on Chewy in a research note on Tuesday, January 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chewy in a research report on Wednesday, January 21st. Seventeen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $44.14.
Check Out Our Latest Stock Report on CHWY
Chewy Price Performance
Insiders Place Their Bets
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 stock was sold at an average price of $28.99, for a total value of $377,246.87. Following the sale, the chief technology officer owned 273,835 shares of the company’s stock, valued at $7,938,476.65. This trade represents a 4.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.43% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Chewy
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Park Avenue Securities LLC boosted its holdings in Chewy by 4.0% in the 3rd quarter. Park Avenue Securities LLC now owns 7,810 shares of the company’s stock valued at $316,000 after purchasing an additional 302 shares during the period. Transatlantique Private Wealth LLC raised its position in shares of Chewy by 3.0% during the third quarter. Transatlantique Private Wealth LLC now owns 10,922 shares of the company’s stock valued at $442,000 after buying an additional 314 shares during the last quarter. National Bank of Canada FI lifted its stake 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 buying an additional 324 shares during the period. Angeles Wealth Management LLC grew its position 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 buying an additional 330 shares in the last quarter. Finally, Sivia Capital Partners LLC increased its stake 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 acquiring an additional 343 shares during the period. 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: Company issued upbeat 2026 guidance and margin targets that lifted conviction in profit recovery and free?cash?flow expansion. Chewy: Expanding Margin Profile
- Positive Sentiment: Operational strengths — Autoship growth, higher sales per active customer and reported margin expansion — were cited as drivers of the post?earnings rally. CHWY Stock Up 13% Following Solid Q4 Performance Despite Earnings Miss (Zacks)
- Positive Sentiment: Management highlighted AI cost savings and vet-care expansion as multi?year margin levers, reinforcing the thesis that operating efficiency will boost profit conversion. Chewy Stock Soars on Strong 2026 Revenue Outlook and AI Cost Savings (Blockonomi)
- Neutral Sentiment: Quarterly print was mixed: revenue was roughly in line with consensus while EPS comparisons varied (some outlets flagged a beat vs. low expectations; others noted a small miss vs. higher estimates). That ambiguity amplified intraday moves. Chewy Q4 Earnings: How Key Metrics Compare to Wall Street Estimates (Zacks)
- Neutral Sentiment: Heavy options and intraday call buying amplified price moves around the print — a technical/flow factor that can exaggerate swings short?term. Chewy Stock Surges On Strong Q4 Results And Guidance (Benzinga)
- Negative Sentiment: Several shops adjusted price targets — some trimmed targets despite the positive print — introducing near?term sellside caution and mixed messaging for investors. Analyst price target and rating updates (Benzinga)
- Negative Sentiment: High institutional ownership and recent large institutional reductions raise the risk of further downside if funds continue to trim positions; insider sales were also noted in recent filings. Chewy jumps 15% as investors position for fiscal Q4 and full-year results (QuiverQuant)
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.
Further Reading
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