Chewy Stock Performance: Chewy (CHWY) closed at $40.95, up 1.14%, outperforming the S&P 500 and Dow, while underperforming the Retail-Wholesale sector and S&P 500 over the past month.
Earnings Expectations: Investors are keenly awaiting Chewy's upcoming earnings report, with an expected EPS of $0.33, a 37.5% increase year-over-year, and projected quarterly revenue of $3.08 billion, up 7.83%.
Analyst Estimates and Zacks Rank: Recent analyst estimate revisions indicate optimism for Chewy, which currently holds a Zacks Rank of #2 (Buy), suggesting potential stock price performance based on these estimates.
Valuation Metrics: Chewy's Forward P/E ratio stands at 31.68, significantly higher than the industry average of 19.52, with a PEG ratio of 3.41 compared to the Internet - Commerce industry's average of 1.52.
Wall Street analysts forecast CHWY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CHWY is 47.06 USD with a low forecast of 42.00 USD and a high forecast of 52.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
20 Analyst Rating
Wall Street analysts forecast CHWY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CHWY is 47.06 USD with a low forecast of 42.00 USD and a high forecast of 52.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Buy
3 Hold
0 Sell
Strong Buy
Current: 31.430
Low
42.00
Averages
47.06
High
52.00
Current: 31.430
Low
42.00
Averages
47.06
High
52.00
Mizuho
Neutral
maintain
$165 -> $185
2026-01-05
Reason
Mizuho
Price Target
$165 -> $185
AI Analysis
2026-01-05
maintain
Neutral
Reason
Mizuho raised the firm's price target on Five Below (FIVE) to $185 from $165 and keeps a Neutral rating on the shares. The firm adjusted ratings and price targets in the retailing broadlines and hardlines consumer internet space as part of its 2026 outlook. The group enters 2026 with "signs of strained consumer sentiment, although the key underpinnings of spending are still very much intact," the analyst tells investors in a research note. Mizuho installed Chewy (CHWY) as its overall Top Pick, and dropped Walmart (WMT), Lowe's (LOW), and O'Reilly (ORLY) off of its Top Picks list.
Mizuho
David Bellinger
Outperform
maintain
$115 -> $125
2026-01-05
Reason
Mizuho
David Bellinger
Price Target
$115 -> $125
2026-01-05
maintain
Outperform
Reason
Mizuho analyst David Bellinger raised the firm's price target on Walmart to $125 from $115 and keeps an Outperform rating on the shares. The firm adjusted ratings and price targets in the retailing broadlines and hardlines consumer internet space as part of its 2026 outlook. The group enters 2026 with "signs of strained consumer sentiment, although the key underpinnings of spending are still very much intact," the analyst tells investors in a research note. Mizuho installed Chewy (CHWY) as its overall Top Pick, and dropped Walmart (WMT), Lowe's (LOW), and O'Reilly (ORLY) off of its Top Picks list.
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Wolfe Research
Outperform
to
NULL
downgrade
$46 -> $44
2026-01-05
Reason
Wolfe Research
Price Target
$46 -> $44
2026-01-05
downgrade
Outperform
to
NULL
Reason
Wolfe Research lowered the firm's price target on Chewy to $44 from $46 and keeps an Outperform rating on the shares. 2026 could be another positive year for Internet stocks, though maybe not as much outperformance as the prior three years given current, elevated multiples for some of the firm's coverage, the analyst tells investors in a research note. The firm added that it sees opportunities for estimates upside driven by AI developments and product catalysts, a relatively healthy macro backdrop, successful capital allocation, and pockets of re-rating potential.
TD Cowen
Buy
maintain
$47 -> $48
2025-12-11
Reason
TD Cowen
Price Target
$47 -> $48
2025-12-11
maintain
Buy
Reason
TD Cowen raised the firm's price target on Chewy to $48 from $47 and keeps a Buy rating on the shares. The firm says the company's Q3 results beat consensus estimates for revenue EBITDA. It believes the company issued a solid outlook for Q4.
About CHWY
Chewy, Inc. is an e-commerce business geared toward pet products and services. The Company’s products consist of pet food and treats, pet supplies and pet medications, other pet-health products, and pet services. It serves its customers through its retail websites, and its mobile applications and focuses on delivering customer service, competitive prices, convenience, including Chewy’s Autoship subscription program, and a range of pet food, treats and supplies, and pet healthcare products and services. It partners with approximately 3,200 of the brands in the pet industry, and it creates and offers its own private brands. It owns a number of trademark registrations and applications in the United States and in foreign jurisdictions. These trademarks include American Journey, Blue Box Event, Careplus, Chewy, Chewy.com, Chewy Vet Care, Dr. Lyon’s, Frisco, Goody Box, Onguard, PetMD, PracticeHub, Tiny Tiger, True Acre Farms, Tylee’s, Vibeful, and The Zoo.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
