Quarterly Earnings Report: Petco Health and Wellness Company reported earnings of five cents per share, surpassing expectations of a one-cent loss.
Revenue Performance: The company's quarterly revenue was $1.48 billion, slightly below the analyst estimate of $1.49 billion and down from $1.52 billion in the same quarter last year.
Second Quarter Metrics: For the second quarter, net sales decreased by 2.3% year-over-year, comparable sales fell by 1.4%, but gross profit margin improved to 39.3%.
Stock Performance: Following the earnings report, Petco's stock price rose by 17.96%, reaching $3.81 in extended trading.
WOOF
$3.05+Infinity%1D
Analyst Views on WOOF
Wall Street analysts forecast WOOF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WOOF is 4.03 USD with a low forecast of 2.75 USD and a high forecast of 5.14 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.
10 Analyst Rating
Wall Street analysts forecast WOOF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WOOF is 4.03 USD with a low forecast of 2.75 USD and a high forecast of 5.14 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.
2 Buy
7 Hold
1 Sell
Hold
Current: 3.100
Low
2.75
Averages
4.03
High
5.14
Current: 3.100
Low
2.75
Averages
4.03
High
5.14
Goldman Sachs
Buy
maintain
2025-12-02
Reason
Goldman Sachs
Price Target
2025-12-02
maintain
Buy
Reason
Goldman Sachs lowered the firm's price target on Petco to $4.53 from $5.14 and keeps a Buy rating on the shares. Petco reported an earnings beat for Q3 and plans to drive top-line growth in 2026 amid the competitive environment, the analyst tells investors in a research note. The services business is seen as a key differentiator, with ongoing efforts to improve utilization through staffing and marketing, and to enhance accessibility via technology and data sharing, Goldman says.
Morgan Stanley
Equal Weight
downgrade
2025-11-26
Reason
Morgan Stanley
Price Target
2025-11-26
downgrade
Equal Weight
Reason
Morgan Stanley lowered the firm's price target on Petco to $3.75 from $4.50 and keeps an Equal Weight rating on the shares. Competitive dynamics and a weak macro picture add pressure, limiting visibility on the path to a sustained topline inflection and further profitability improvements, the analyst tells investors following the company's Q3 report.
BofA
Kendall Toscano
Underperform
maintain
$3
2025-11-26
Reason
BofA
Kendall Toscano
Price Target
$3
2025-11-26
maintain
Underperform
Reason
BofA analyst Kendall Toscano raised the firm's price target on Petco to $3 from $2.75 and keeps an Underperform rating on the shares. The firm raised its FY26 adjusted EBITDA and adjusted EPS estimates to reflect Q3 upside, but sees continued same-store sales/traffic softness in the near-term as well as longer-term risk that market share erosion could continue, the analyst tells investors.
Wells Fargo
Zachary Fadem
Equal Weight
maintain
$4
2025-08-29
Reason
Wells Fargo
Zachary Fadem
Price Target
$4
2025-08-29
maintain
Equal Weight
Reason
Wells Fargo analyst Zachary Fadem raised the firm's price target on Petco to $4 from $3.50 and keeps an Equal Weight rating on the shares. While Q2 comps were in-line, the firm sees Petco shares sharply higher tomorrow via EBITDA upside and additional signs of turnaround progress. That said, with topline still muted and high category competition, Wells stays sidelined.
About WOOF
Petco Health and Wellness Company, Inc. is a pet health and wellness company focused on improving the lives of pets, pet parents, and its own Petco partners. It offers pet parents a full spectrum of product choices with products to address ongoing humanization and premiumization trends in the market. It integrates its product offering with its services business, building on the foundation of treating the whole pet, including their physical, mental and social well-being. Its service offering includes veterinary care, grooming, and training. It operates a network of full-service, general practice veterinary hospitals complemented by prescription and insurance offerings. It operates more than 1,500 pet care centers across the United States, Mexico and Puerto Rico and a growing network of on-site veterinary hospitals and mobile veterinary clinics. It offers a complete pet health and wellness ecosystem accessible through its pet care centers and digitally at petco.com and on the Petco app.
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.
