Chewy, Inc. (CHWY)
NYSE: CHWY · Real-Time Price · USD
32.67
+0.69 (2.16%)
Sep 16, 2024, 4:00 PM EDT - Market closed

Chewy Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Chewy stock have an average target of 29, with a low estimate of 20 and a high estimate of 35. The average target predicts a decrease of -11.23% from the current stock price of 32.67.

Analyst Consensus: Buy
Target Low Average Median High
Price $20 $29 $30 $35
Change -38.78% -11.23% -8.17% +7.13%

Analyst Ratings

The average analyst rating for Chewy stock from 23 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 Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 776555
Buy 888877
Hold 77791010
Sell 111111
Strong Sell 111110
Total 242423242423

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wedbush
Wedbush
Buy
Reiterates
$35
Buy Reiterates $35 +7.13% Aug 29, 2024
JP Morgan
JP Morgan
Buy
Maintains
$28$33
Buy Maintains $28$33 +1.01% Aug 29, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$30$33
Buy Maintains $30$33 +1.01% Aug 29, 2024
RBC Capital
RBC Capital
Buy
Maintains
$24$32
Buy Maintains $24$32 -2.05% Aug 29, 2024
Barclays
Barclays
Buy
Maintains
$32$34
Buy Maintains $32$34 +4.07% Aug 29, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
11.98B
from 11.15B
Increased by 7.47%
Revenue Next Year
12.59B
from 11.98B
Increased by 5.07%
EPS This Year
0.77
from 0.09
Increased by 760.30%
EPS Next Year
0.67
from 0.77
Decreased by -13.46%
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
4.85B7.15B8.97B10.12B11.15B11.98B12.59B13.54B
Revenue Growth
37.19%47.44%25.48%12.84%10.17%7.47%5.07%7.56%
EPS
-0.63-0.23-0.180.120.090.770.670.81
EPS Growth
-----23.83%760.30%-13.46%20.26%
Forward PE
-----42.1948.7640.54
No. Analysts -----302815
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 12.4B 13.2B 14.5B
Avg 12.0B 12.6B 13.5B
Low 11.5B 11.6B 12.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
11.2%
10.5%
15.4%
Avg
7.5%
5.1%
7.6%
Low
2.9%
-2.9%
-2.5%

EPS Forecast

EPS 20242025202620272028
High 1.04 1.79 1.06
Avg 0.77 0.67 0.81
Low 0.23 0.38 0.48

EPS Growth

EPS Growth 20242025202620272028
High
1,055.0%
130.5%
58.3%
Avg
760.3%
-13.5%
20.3%
Low
150.4%
-50.6%
-28.3%
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.