ChewyCHWY
CHWY
About: Chewy is the largest e-commerce petcare retailer in the US, generating $11.2 billion in 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: 18,100
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 12 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]
25% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 67
5% more funds holding
Funds holding: 373 [Q2] → 390 (+17) [Q3]
2% more capital invested
Capital invested by funds: $10.8B [Q2] → $11.1B (+$234M) [Q3]
8% less call options, than puts
Call options by funds: $395M | Put options by funds: $429M
6.73% less ownership
Funds ownership: 290.2% [Q2] → 283.47% (-6.73%) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 128
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$28
17%
downside
Avg. target
$38
13%
upside
High target
$42
25%
upside
12 analyst ratings
11 positive
92%
1 neutral
8%
0 negative
0%
JMP Securities Nicholas Jones 68% 1-year accuracy 54 / 80 met price target | 10%upside $37 | Market Outperform Reiterated | 16 Dec 2024 |
JP Morgan Doug Anmuth 88% 1-year accuracy 37 / 42 met price target | 13%upside $38 | Overweight Maintained | 5 Dec 2024 |
Goldman Sachs Alexandra Steiger 58% 1-year accuracy 11 / 19 met price target | 19%upside $40 | Buy Maintained | 5 Dec 2024 |
RBC Capital Steven Shemesh 68% 1-year accuracy 34 / 50 met price target | 25%upside $42 | Outperform Maintained | 5 Dec 2024 |
Piper Sandler Peter Keith 65% 1-year accuracy 30 / 46 met price target | 19%upside $40 | Overweight Maintained | 2 Dec 2024 |
Financial journalist opinion
Based on 46 articles about CHWY published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Chewy (CHWY) Is a Trending Stock: Facts to Know Before Betting on It
Chewy (CHWY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Neutral
Market Watch
1 day ago
Meme stocks were fueled by Roaring Kitty and ‘Trump trades' this year. What can we expect in 2025?
The return to social media of Keith Gill, also known as Roaring Kitty, thrust original meme stocks AMC and GameStop back into the spotlight in 2024.
Positive
Forbes
2 days ago
What's Driving Chewy's Stock Up 47%?
Chewy's stock (NYSE: CHWY) has experienced a notable 47% surge in the last year to around $32 (Dec 18), garnering significant investor attention. Chewy's stock has plummeted 73% from its February 2021 peak of approximately $120 and currently trades at a level lower than its June 2019 initial public offering price ($35).
Positive
Market Watch
4 days ago
How Chewy's stock is shedding its meme-stock past amid strong execution
Shares of the online retailer of pet products wre up 4.5% Monday and were on pace for their largest percent increase since Nov. 20.
Positive
Zacks Investment Research
5 days ago
Chewy Stock Up 37% YTD: What's the Best Move for Investors Now?
Chewy is well-positioned to capitalize on favorable dynamics and internal initiatives. However, rising costs and increased competition remain concerns.
Positive
The Motley Fool
1 week ago
Have $500? 2 Absurdly Cheap Stocks Long-Term Investors Should Buy Now
It's not easy to find compelling values on the stock market in normal times -- and these are anything but normal times. The S&P 500 is on track to finish its second consecutive year of 20%-plus gains, ensuring that most popular stocks are already trading near all-time highs.
Negative
Investopedia
1 week ago
Major Investor Sells Off Half a Billion Dollars in Chewy Stock
Online pet supplies retailer Chewy (CHWY) announced that a firm connected to its biggest shareholder was selling off half a billion dollars in stock.
Neutral
Business Wire
1 week ago
Chewy, Inc. Announces Pricing of Offering of Class A Common Stock by Selling Stockholder and Concurrent Repurchase
PLANTATION, Fla.--(BUSINESS WIRE)--Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted destination for pet parents and partners everywhere, announced today the pricing of an underwritten public offering of 15,852,886 shares of its Class A common stock, par value $0.01 per share, by Buddy Chester Sub LLC (the “Selling Stockholder”), which is an entity affiliated with funds advised by BC Partners Advisors LP (“BC Partners”), Chewy's largest shareholder (the “Offering”). The Selling Stockholder granted.
Neutral
Business Wire
1 week ago
Chewy, Inc. Announces Public Offering of Class A Common Stock by Selling Stockholder and Concurrent Share Repurchase
PLANTATION, Fla.--(BUSINESS WIRE)--Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted destination for pet parents and partners everywhere, announced today the commencement of an underwritten public offering of $500 million of shares of its Class A common stock, par value $0.01 per share (the “Class A Common Stock”), by Buddy Chester Sub LLC (the “Selling Stockholder”), which is an entity affiliated with funds advised by BC Partners Advisors LP (“BC Partners”), Chewy's largest shareholder (the “Offer.
Negative
The Motley Fool
1 week ago
Is Chewy a Buy After the Company Just Raised Its Guidance?
Shares of Chewy (CHWY -2.19%) were trading lower last week following the online pet products retailer's third-quarter results, despite the company increasing its full-year guidance. The stock has nonetheless had a solid 2024, trading up more than 33% as of this writing.
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