ChewyCHWY
About: Chewy is the largest e-commerce petcare retailer in the US, generating $11.2 billion in fiscal 2023 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 filings by fund managers ($100M+ AUM)
79% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 71
25% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]
17% more capital invested
Capital invested by funds: $11.1B [Q3] → $12.9B (+$1.86B) [Q4]
13% more funds holding
Funds holding: 391 [Q3] → 441 (+50) [Q4]
11% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 120
2% more call options, than puts
Call options by funds: $439M | Put options by funds: $430M
47.42% less ownership
Funds ownership: 283.75% [Q3] → 236.34% (-47.42%) [Q4]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Mizuho David Bellinger 39% 1-year accuracy 11 / 28 met price target | 30%upside $43 | Outperform Maintained | 27 Mar 2025 |
Citigroup Steven Zaccone 33% 1-year accuracy 6 / 18 met price target | 27%upside $42 | Buy Maintained | 27 Mar 2025 |
Goldman Sachs Alexandra Steiger 41% 1-year accuracy 9 / 22 met price target | 36%upside $45 | Buy Maintained | 27 Mar 2025 |
RBC Capital Steven Shemesh 53% 1-year accuracy 24 / 45 met price target | 27%upside $42 | Outperform Reiterated | 27 Mar 2025 |
JP Morgan Doug Anmuth 65% 1-year accuracy 28 / 43 met price target | 21%upside $40 | Overweight Maintained | 27 Mar 2025 |
Financial journalist opinion
Based on 43 articles about CHWY published over the past 30 days
