Chewy
CHWY
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 Q2 regulatory disclosures by fund managers ($100M+ AUM)
112% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 65
35% more capital invested
Capital invested by funds: $12.7B [Q1] → $17.1B (+$4.46B) [Q2]
30% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 151
25% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 10 (+2) [Q2]
14% more funds holding
Funds holding: 487 [Q1] → 555 (+68) [Q2]
11% more call options, than puts
Call options by funds: $435M | Put options by funds: $392M
4.7% more ownership
Funds ownership: 200.8% [Q1] → 205.5% (+4.7%) [Q2]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
UBS
Michael Lasser
|
$43
|
Neutral
Maintained
|
11 Sep 2025 |
Citigroup
Steven Zaccone
|
$48
|
Buy
Maintained
|
11 Sep 2025 |
JP Morgan
Doug Anmuth
|
$45
|
Overweight
Maintained
|
11 Sep 2025 |
TD Cowen
Bill Kerr
|
$48
|
Buy
Maintained
|
11 Sep 2025 |
Morgan Stanley
Lauren Schenk
|
$48
|
Overweight
Maintained
|
11 Sep 2025 |
RBC Capital
Steven Shemesh
|
$43
|
Outperform
Maintained
|
11 Sep 2025 |
Wedbush
Scott Devitt
|
$45
|
Outperform
Reiterated
|
11 Sep 2025 |
Baird
Justin Kleber
|
$48
|
Outperform
Maintained
|
11 Sep 2025 |
JMP Securities
Andrew Boone
|
$48
|
Market Outperform
Reiterated
|
11 Sep 2025 |
Barclays
Trevor Young
|
$47
|
Overweight
Maintained
|
11 Sep 2025 |
Seaport Global
Aaron Kessler
|
$47
|
Buy
Upgraded
|
11 Sep 2025 |
Deutsche Bank
Lee Horowitz
|
$45
|
Buy
Upgraded
|
11 Sep 2025 |
Mizuho
David Bellinger
|
$50
|
Outperform
Upgraded
|
8 Sep 2025 |
Financial journalist opinion
Based on 44 articles about CHWY published over the past 30 days