Wedbush Brokers Reduce Earnings Estimates for Chewy

Chewy, Inc. (NYSE:CHWY) – Research analysts at Wedbush reduced their Q4 2025 earnings per share estimates for Chewy in a report issued on Thursday, December 5th. Wedbush analyst S. Basham now expects that the company will earn $0.01 per share for the quarter, down from their prior forecast of $0.05. Wedbush has a “Outperform” rating and a $39.00 price target on the stock. The consensus estimate for Chewy’s current full-year earnings is $0.33 per share.

A number of other equities research analysts have also recently weighed in on CHWY. Piper Sandler boosted their price objective on Chewy from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Monday, December 2nd. Raymond James cut shares of Chewy from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 21st. The Goldman Sachs Group lifted their price objective on shares of Chewy from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday. Bank of America upgraded shares of Chewy from an “underperform” rating to a “buy” rating and increased their target price for the stock from $24.00 to $40.00 in a research note on Wednesday, November 20th. Finally, Robert W. Baird boosted their price target on Chewy from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, November 25th. Nine investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.15.

Chewy Stock Up 1.6 %

Shares of NYSE CHWY opened at $31.58 on Monday. The business has a 50-day moving average price of $30.46 and a 200 day moving average price of $27.32. The stock has a market cap of $13.20 billion, a PE ratio of 34.70, a price-to-earnings-growth ratio of 3.14 and a beta of 1.12. Chewy has a 52-week low of $14.69 and a 52-week high of $39.10.

Chewy (NYSE:CHWY) last issued its earnings results on Wednesday, December 4th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.15. Chewy had a net margin of 3.51% and a return on equity of 20.86%. The business had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.86 billion. During the same quarter in the prior year, the business posted ($0.08) EPS. The company’s revenue for the quarter was up 5.2% on a year-over-year basis.

Insider Buying and Selling at Chewy

In related news, CTO Satish Mehta sold 8,056 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $33.47, for a total value of $269,634.32. Following the sale, the chief technology officer now directly owns 585,962 shares in the company, valued at $19,612,148.14. The trade was a 1.36 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Argos Holdings Gp Llc sold 1,250,000 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $29.40, for a total transaction of $36,750,000.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 28,128,804 shares of company stock valued at $827,019,626. Corporate insiders own 2.10% of the company’s stock.

Institutional Trading of Chewy

Several large investors have recently modified their holdings of CHWY. BC Partners Advisors L.P. acquired a new stake in shares of Chewy during the second quarter valued at $7,517,800,000. Marshall Wace LLP boosted its stake in shares of Chewy by 1,028.6% during the 2nd quarter. Marshall Wace LLP now owns 2,892,841 shares of the company’s stock worth $78,801,000 after purchasing an additional 2,636,526 shares during the last quarter. FMR LLC grew its holdings in shares of Chewy by 166.8% during the third quarter. FMR LLC now owns 3,995,329 shares of the company’s stock worth $117,023,000 after buying an additional 2,497,689 shares in the last quarter. Fiera Capital Corp acquired a new position in shares of Chewy in the second quarter valued at approximately $44,373,000. Finally, Clearbridge Investments LLC purchased a new position in shares of Chewy during the second quarter valued at approximately $40,798,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Chewy Company Profile

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.