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 31.8, with a low estimate of 20 and a high estimate of 40. The average target predicts a decrease of -11.35% from the current stock price of 35.87.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$20	$31.8	$32	$40
Change	-44.24%	-11.35%	-10.79%	+11.51%

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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	6	5	5	5	6	8
Buy	8	8	7	8	8	8
Hold	7	9	10	8	9	8
Sell	1	1	1	1	1	0
Strong Sell	1	1	1	0	0	0
Total	23	24	24	22	24	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Curtis Nagle B of A Securities	B of A Securities	Sell → Strong Buy Upgrades $24 → $40	Sell → Strong Buy	Upgrades	$24 → $40	+11.51%	Nov 20, 2024
Trevor Young Barclays	Barclays	Buy Maintains $34 → $40	Buy	Maintains	$34 → $40	+11.51%	Nov 18, 2024
Steven Zaccone Citigroup	Citigroup	Hold → Strong Buy Upgrades $28 → $40	Hold → Strong Buy	Upgrades	$28 → $40	+11.51%	Nov 8, 2024
Bernie McTernan Needham	Needham	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Oct 23, 2024
Bill Kerr TD Cowen	TD Cowen	Strong Buy Initiates $38	Strong Buy	Initiates	$38	+5.94%	Oct 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.03B

Increased by 7.95%

from 11.15B

Revenue Next Year

12.62B

Increased by 4.84%

from 12.03B

EPS This Year

0.94

Increased by 948.33%

from 0.09

EPS Next Year

0.61

Decreased by -35.51%

from 0.94

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	12.03B	12.62B	13.57B
Revenue Growth	37.19%	47.44%	25.48%	12.84%	10.17%	7.95%	4.84%	7.51%
EPS	-0.63	-0.23	-0.18	0.12	0.09	0.94	0.61	0.84
EPS Growth	-	-	-	-	-23.83%	948.33%	-35.51%	37.61%
Forward PE	-	-	-	-	-	38.02	58.96	42.84
No. Analysts	-	-	-	-	-	31	29	18

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	13.2B	14.2B	14.5B
Avg	12.0B	12.6B	13.6B
Low	11.5B	11.6B	12.3B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	18.5%	18.1%	15.1%
Avg	8.0%	4.8%	7.5%
Low	2.9%	-3.3%	-2.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.73	1.79	1.37
Avg	0.94	0.61	0.84
Low	0.39	0.38	0.48

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	1,825.0%	89.2%	124.3%
Avg	948.3%	-35.5%	37.6%
Low	335.6%	-59.5%	-21.1%

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.