Chewy Stock Forecast

Stock Price Forecast

According to 26 analysts polled by S&P Global, Chewy stock has a consensus rating of "Buy" and an average price target of $28.64. The average 1-year stock price forecast is 51.13% higher than the current stock price, while the lowest is $21 (+10.82%) and the highest is $36 (+89.97%).

Price Target: $28.64 (+51.13%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$21	$28.64	$28	$36
Change	+10.82%	+51.13%	+47.76%	+89.97%

Analyst Ratings

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

Recommendation Trends

Chart

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	12	12	12	12	11	11
Buy	8	8	8	8	7	7
Hold	5	5	5	6	8	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	25	25	25	26	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nathan Feather Morgan Stanley	Morgan Stanley	Buy Maintains $36	Buy	Maintains	$36	+89.97%	Oct 7, 2026
Eric Sheridan Goldman Sachs	Goldman Sachs	Buy Maintains $30	Buy	Maintains	$30	+58.31%	Oct 7, 2026
David Bellinger Mizuho Securities	Mizuho Securities	Buy Maintains $32 → $28	Buy	Maintains	$32 → $28	+47.76%	Sep 29, 2026
Doug Anmuth J.P. Morgan	J.P. Morgan	Hold Downgrades $29 → $24	Hold	Downgrades	$29 → $24	+26.65%	Sep 11, 2026
Rick Patel Raymond James	Raymond James	Buy Maintains $28 → $25	Buy	Maintains	$28 → $25	+31.93%	Sep 10, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

13.52B

from 12.60B

7.32%

from 12.60B

Revenue Next Year

14.44B

from 13.52B

6.75%

from 13.52B

EPS This Year

1.54

from 1.27

21.45%

from 1.27

EPS Next Year

1.87

from 1.54

21.21%

from 1.54

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 30, 2022	Jan 29, 2023	Jan 28, 2024	Feb 2, 2025	Feb 1, 2026	Jan 31, 2027
Revenue	8.97B	10.12B	11.15B	11.86B	12.60B	13.52B
Revenue Growth	25.48%	12.84%	10.17%	6.40%	6.24%	7.32%
Gross Profit	2.39B	2.83B	3.16B	3.47B	3.75B	4.06B
Gross Margin	26.60%	28.01%	28.36%	29.24%	29.79%	30.03%
Operating Income	-73.57M	56.42M	-23.60M	112.60M	254.30M	417.03M
Net Income	-75.21M	49.90M	39.60M	392.70M	222.80M	317.35M
EPS	-	-	-	-	1.27	1.54
EPS Growth	-	-	-	-	22.12%	21.45%
Forward PE	226.74	226.74	31.02	33.89	19.56	12.29
Free Cash Flow	-	-	-	-	562.40M	670.42M
No. Analysts	-	-	-	-	-	24

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	13.6B
Avg	13.5B
Low	13.5B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	7.8%
Avg	7.3%
Low	7.1%

EPS Forecast

Chart

EPS	2027	2028	2029
High	1.63
Avg	1.54
Low	1.44

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	28.3%
Avg	21.5%
Low	13.4%