Chewy, Inc. (CHWY)

Chewy Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Chewy stock have an average target of 38.56, with a low estimate of 28 and a high estimate of 47. The average target predicts an increase of 1.89% from the current stock price of 37.85.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$28	$38.56	$40	$47
Change	-26.01%	+1.89%	+5.69%	+24.19%

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	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	8	8	8	6	6	6
Buy	8	11	11	11	11	11
Hold	8	5	5	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	24	24	24	23	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lauren Schenk Morgan Stanley	Morgan Stanley	Buy Maintains $40 → $39	Buy	Maintains	$40 → $39	+3.05%	Apr 17, 2025
Nicholas Jones JMP Securities	JMP Securities	Buy Maintains $40 → $39	Buy	Maintains	$40 → $39	+3.05%	Apr 14, 2025
Doug Anmuth JP Morgan	JP Morgan	Buy Maintains $40 → $36	Buy	Maintains	$40 → $36	-4.88%	Apr 8, 2025
David Bellinger Mizuho	Mizuho	Buy Maintains $42 → $43	Buy	Maintains	$42 → $43	+13.62%	Mar 27, 2025
Steven Zaccone Citigroup	Citigroup	Strong Buy Maintains $40 → $42	Strong Buy	Maintains	$40 → $42	+10.98%	Mar 27, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

12.80B

Increased by 7.87%

from 11.86B

Revenue Next Year

13.68B

Increased by 6.92%

from 12.80B

EPS This Year

0.68

Decreased by -24.90%

from 0.91

EPS Next Year

0.88

Increased by 28.58%

from 0.68

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Jan 31, 2021	Jan 30, 2022	Jan 29, 2023	Jan 28, 2024	Feb 2, 2025	Feb 2, 2026	Feb 2, 2027	Feb 2, 2028
Revenue	7.15B	8.97B	10.12B	11.15B	11.86B	12.80B	13.68B	14.64B
Revenue Growth	47.45%	25.48%	12.84%	10.17%	6.40%	7.87%	6.92%	7.05%
EPS	-0.23	-0.18	0.12	0.09	0.91	0.68	0.88	1.16
EPS Growth	-	-	-	-23.83%	911.11%	-24.90%	28.58%	32.46%
Forward PE	-	-	-	-	-	55.38	43.07	32.51
No. Analysts	-	-	-	-	-	33	30	16

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	14.1B	15.2B	16.4B
Avg	12.8B	13.7B	14.6B
Low	11.9B	12.3B	12.8B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	18.8%	19.1%	19.6%
Avg	7.9%	6.9%	7.0%
Low	0.6%	-3.7%	-6.3%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	1.58	1.82	1.97
Avg	0.68	0.88	1.16
Low	0.36	0.60	0.91

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	73.1%	165.8%	124.6%
Avg	-24.9%	28.6%	32.5%
Low	-60.2%	-12.5%	3.7%

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.