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 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
88% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 57
45% more repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 124
40% more funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 7 (+2) [Q1 2025]
10% more funds holding
Funds holding: 440 [Q4 2024] → 482 (+42) [Q1 2025]
6% more call options, than puts
Call options by funds: $387M | Put options by funds: $364M
1% less capital invested
Capital invested by funds: $12.8B [Q4 2024] → $12.7B (-$145M) [Q1 2025]
34.78% less ownership
Funds ownership: 235.46% [Q4 2024] → 200.68% (-34.78%) [Q1 2025]
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Morgan Stanley Lauren Schenk | 20%upside $50 | Overweight Maintained | 12 Jun 2025 |
RBC Capital Steven Shemesh | 6%upside $44 | Outperform Maintained | 12 Jun 2025 |
Citigroup Steven Zaccone | 18%upside $49 | Buy Maintained | 12 Jun 2025 |
Guggenheim Steven Forbes | 8%upside $45 | Buy Maintained | 12 Jun 2025 |
Evercore ISI Group Mark Mahaney | 25%upside $52 | Outperform Maintained | 12 Jun 2025 |
Financial journalist opinion
Based on 40 articles about CHWY published over the past 30 days
