Chewy, Inc. (CHWY)

Chewy Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Chewy stock have an average target of 34.6, with a low estimate of 20 and a high estimate of 42. The average target predicts a decrease of -1.17% from the current stock price of 35.01.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$20	$34.6	$37	$42
Change	-42.87%	-1.17%	+5.68%	+19.97%

Analyst Ratings

The average analyst rating for Chewy stock from 24 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	5	5	5	6	8	8
Buy	8	7	8	8	8	8
Hold	9	10	8	9	8	8
Sell	1	1	1	1	0	0
Strong Sell	1	1	0	0	0	0
Total	24	24	22	24	24	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nicholas Jones JMP Securities	JMP Securities	Buy Reiterates $37	Buy	Reiterates	$37	+5.68%	Dec 16, 2024
Doug Anmuth JP Morgan	JP Morgan	Buy Maintains $37 → $38	Buy	Maintains	$37 → $38	+8.54%	Dec 5, 2024
Alexandra Steiger Goldman Sachs	Goldman Sachs	Strong Buy Maintains $35 → $40	Strong Buy	Maintains	$35 → $40	+14.25%	Dec 5, 2024
Steven Shemesh RBC Capital	RBC Capital	Buy Maintains $39 → $42	Buy	Maintains	$39 → $42	+19.97%	Dec 5, 2024
Bernie McTernan Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Dec 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.05B

Increased by 8.05%

from 11.15B

Revenue Next Year

12.67B

Increased by 5.16%

from 12.05B

EPS This Year

0.92

Increased by 925.29%

from 0.09

EPS Next Year

0.57

Decreased by -38.22%

from 0.92

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Feb 2, 2020	Jan 31, 2021	Jan 30, 2022	Jan 29, 2023	Jan 28, 2024	Jan 28, 2025	Jan 28, 2026	Jan 28, 2027
Revenue	4.85B	7.15B	8.97B	10.12B	11.15B	12.05B	12.67B	13.63B
Revenue Growth	37.19%	47.44%	25.48%	12.84%	10.17%	8.05%	5.16%	7.63%
EPS	-0.63	-0.23	-0.18	0.12	0.09	0.92	0.57	0.80
EPS Growth	-	-	-	-	-23.83%	925.29%	-38.22%	41.20%
Forward PE	-	-	-	-	-	37.94	61.41	43.49
No. Analysts	-	-	-	-	-	32	30	20

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	12.4B	13.4B	14.6B
Avg	12.0B	12.7B	13.6B
Low	11.5B	11.6B	12.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	11.4%	11.0%	15.6%
Avg	8.0%	5.2%	7.6%
Low	3.3%	-3.3%	-0.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.26	1.24	1.00
Avg	0.92	0.57	0.80
Low	0.81	0.42	0.56

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	1,300.0%	34.3%	75.0%
Avg	925.3%	-38.2%	41.2%
Low	803.8%	-54.3%	-2.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.