Chewy Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Chewy stock have an average target of 36.8, with a low estimate of 25 and a high estimate of 47. The average target predicts an increase of 4.78% from the current stock price of 35.12.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$25	$36.8	$40	$47
Change	-28.82%	+4.78%	+13.90%	+33.83%

* Price targets were last updated on Jan 13, 2025.

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	5	6	8	8	8	8
Buy	8	8	8	8	11	11
Hold	8	9	8	8	5	5
Sell	1	1	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	22	24	24	24	24	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lauren Schenk Morgan Stanley	Morgan Stanley	Buy Maintains $38 → $40	Buy	Maintains	$38 → $40	+13.90%	Jan 13, 2025
Mark Mahaney Evercore ISI Group	Evercore ISI Group	Hold → Buy Upgrades $34 → $47	Hold → Buy	Upgrades	$34 → $47	+33.83%	Jan 13, 2025
David Bellinger Mizuho	Mizuho	Hold → Buy Upgrades $24 → $42	Hold → Buy	Upgrades	$24 → $42	+19.59%	Jan 6, 2025
Shweta Khajuria Wolfe Research	Wolfe Research	Hold → Buy Upgrades n/a	Hold → Buy	Upgrades	n/a	n/a	Jan 3, 2025
Nicholas Jones JMP Securities	JMP Securities	Buy Reiterates $37	Buy	Reiterates	$37	+5.35%	Dec 16, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.11B

from 11.15B

8.64%

from 11.15B

Revenue Next Year

12.73B

from 12.11B

5.07%

from 12.11B

EPS This Year

0.93

from 0.09

935.30%

from 0.09

EPS Next Year

0.56

from 0.93

-39.55%

from 0.93

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	12.11B	12.73B	13.71B
Revenue Growth	37.19%	47.44%	25.48%	12.84%	10.17%	8.64%	5.07%	7.72%
EPS	-0.63	-0.23	-0.18	0.12	0.09	0.93	0.56	0.81
EPS Growth	-	-	-	-	-23.83%	935.30%	-39.55%	44.16%
Forward PE	-	-	-	-	-	37.69	62.36	43.26
No. Analysts	-	-	-	-	-	32	32	21

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

Revenue Forecast

Revenue	2025	2026	2027
High	13.1B	14.0B	15.1B
Avg	12.1B	12.7B	13.7B
Low	11.6B	11.6B	12.6B

Revenue Growth

Revenue Growth	2025	2026	2027
High	17.5%	15.4%	18.8%
Avg	8.6%	5.1%	7.7%
Low	3.7%	-3.8%	-1.3%

EPS Forecast

EPS	2025	2026	2027
High	1.26	1.31	1.00
Avg	0.93	0.56	0.81
Low	0.81	0.39	0.56

EPS Growth

EPS Growth	2025	2026	2027
High	1,300.0%	40.9%	77.1%
Avg	935.3%	-39.6%	44.2%
Low	803.8%	-57.9%	-0.8%

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.