Chewy Inc is an online retailer specializing in pet food and supplies, providing a convenient shopping experience for pet owners. The company offers a wide range of products, including food, treats, toys, and health supplies for various types of pets. Chewy is known for its customer-centric approach, featuring a subscription service that allows pet owners to receive regular deliveries of their preferred products. Additionally, Chewy engages customers through a robust online community, providing resources and support for pet care while embracing a seamless shopping journey with fast shipping and a user-friendly website. Read More
Shares of e-commerce pet food and supplies retailer Chewy (NYSE:CHWY) jumped 3.9% in the afternoon session after the stock's positive momentum continued as MoffettNathanson upgraded the company to a "Buy" rating and set a price target of $48.
Chewy Inc's (NYSE: CHWY) short interest as a percent of float has risen 10.72% since its last report. According to exchange reported data, there are now 18.21 million shares sold short, which is 8.16% of all regular shares that are available for trading.
Across the recent three months, 15 analysts have shared their insights on Chewy (NYSE: CHWY), expressing a variety of opinions spanning from bullish to bearish.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the online retail industry, including Chewy (NYSE:CHWY) and its peers.
A stock with low volatility can be reassuring, but it doesn’t always mean strong long-term performance.
Investors who prioritize stability may miss out on higher-reward opportunities elsewhere.
Chewy’s results for Q2 reflected top-line growth ahead of Wall Street’s expectations but were met with a sharply negative market reaction. Management credited the quarter’s performance to increased penetration of its Autoship subscription program and strong growth in both the hard goods and health categories. CEO Sumit Singh highlighted the strength of Chewy’s Autoship offerings, which now account for a record share of sales, and ongoing improvements in customer quality and engagement. Management also pointed to gross margin expansion, driven by sponsored ads and a higher mix of premium products, as a key profitability lever.
Shares of e-commerce pet food and supplies retailer Chewy (NYSE:CHWY) jumped 2.8% in the afternoon session after the stock extended its positive momentum as Piper Sandler reiterated its "Overweight" rating and $48.00 price target on the company.
Shares of e-commerce pet food and supplies retailer Chewy (NYSE:CHWY) jumped 5.9% in the afternoon session after Piper Sandler reiterated its "Overweight" rating and $48.00 price target on the company.
Earnings misses, weak guidance, and downgrades drove large-cap decliners—led by Synopsys, Chewy, and The Trade Desk—while biotech trial updates and mixed analyst calls pressured others.
Markets had another strong week as inflaton data set the stage for the Federal Reserve’s meeting next week; a rate cut is expected but may already be priced in
The financial markets are on the cusp of a significant "Great Rebalancing," with small-cap and value stocks emerging from a prolonged period of underperformance to challenge the dominance of mega-cap technology and growth companies. As the Federal Reserve signals an increasingly dovish stance and the anticipation of interest rate cuts
