ChewyCHWY
About: Chewy is the largest e-commerce petcare retailer in the US, generating $11.9 billion in fiscal 2024 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a stand-alone company in 2019 after spending a couple of years developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, and hard goods like crates, leashes, and bowls.
Employees: 18,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
77% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 71
25% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]
16% more capital invested
Capital invested by funds: $11.1B [Q3] → $12.8B (+$1.73B) [Q4]
13% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 119
13% more funds holding
Funds holding: 391 [Q3] → 440 (+49) [Q4]
2% more call options, than puts
Call options by funds: $439M | Put options by funds: $430M
47.97% less ownership
Funds ownership: 283.46% [Q3] → 235.48% (-47.97%) [Q4]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Morgan Stanley Lauren Schenk 91% 1-year accuracy 20 / 22 met price target | 9%upside $39 | Overweight Maintained | 17 Apr 2025 |
JMP Securities Nicholas Jones 28% 1-year accuracy 23 / 82 met price target | 9%upside $39 | Market Outperform Maintained | 14 Apr 2025 |
JP Morgan Doug Anmuth 58% 1-year accuracy 31 / 53 met price target | 1%upside $36 | Overweight Maintained | 8 Apr 2025 |
Mizuho David Bellinger 39% 1-year accuracy 11 / 28 met price target | 20%upside $43 | Outperform Maintained | 27 Mar 2025 |
Citigroup Steven Zaccone 39% 1-year accuracy 7 / 18 met price target | 17%upside $42 | Buy Maintained | 27 Mar 2025 |
Financial journalist opinion
Based on 45 articles about CHWY published over the past 30 days
