From Financial Modeling Prep: 2025-06-11 11:00:00

Analyst sentiment towards Chewy, Inc. (NYSE:CHWY) has improved, with the consensus price target rising from $34.88 to $47. The company’s stock price has doubled to its current level, reflecting strong market performance. Chewy’s diversified pet care strategy, including the Autoship program, is driving revenue and earnings growth despite challenges in profitability and operational efficiency.

Chewy, Inc. (NYSE:CHWY) is a key player in e-commerce, offering pet supplies and services. The company’s focus on customer loyalty and recurring revenue has solidified its market position. Analysts have raised the price target to $47, indicating optimism in Chewy’s growth potential. Competition from other e-commerce and traditional pet supply retailers remains a challenge.

Chewy’s consensus price target has increased over the past year, reaching $39.33 in the last quarter and $47 currently. Analysts are more optimistic about Chewy’s future, driven by its diversified pet care strategy. Despite concerns over valuation, the company is expected to see revenue and earnings growth in the first quarter.

A year ago, Chewy’s average price target was $34.88, showing a significant rise to $47 today. Jefferies downgraded Chewy from ‘Buy’ to ‘Hold’ due to valuation worries. The company’s stock is trading above historical averages, but analyst Stephanie Wissink remains positive with a $60 price target, citing strong financial performance and strategic initiatives.

Analysts are increasingly bullish on Chewy, attributing the optimism to its financial performance and strategic efforts. Despite challenges in profitability and operational efficiency, the company’s future looks promising. Stephanie Wissink’s $60 price target indicates confidence in Chewy’s ability to overcome obstacles and continue growing.



Read more at Financial Modeling Prep:: Chewy, Inc. (NYSE:CHWY) Analyst Sentiment and Mark…