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Chewy Inc has a consensus price target of $33.09 based on the ratings of 28 analysts. The high is $52 issued by Roth MKM on June 23, 2023. The low is $20 issued by Mizuho on June 10, 2024. The 3 most-recent analyst ratings were released by Deutsche Bank, B of A Securities, and Barclays on November 22, 2024, November 20, 2024, and November 18, 2024, respectively. With an average price target of $36 between Deutsche Bank, B of A Securities, and Barclays, there's an implied 4.02% upside for Chewy Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Chewy (NYSE:CHWY) was reported by Deutsche Bank on November 22, 2024. The analyst firm set a price target for $28.00 expecting CHWY to fall to within 12 months (a possible -19.10% downside). 66 analyst firms have reported ratings in the last year.
The latest analyst rating for Chewy (NYSE:CHWY) was provided by Deutsche Bank, and Chewy maintained their hold rating.
The last upgrade for Chewy Inc happened on November 20, 2024 when B of A Securities raised their price target to $40. B of A Securities previously had an underperform for Chewy Inc.
The last downgrade for Chewy Inc happened on August 21, 2024 when Raymond James changed their price target from N/A to N/A for Chewy Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Chewy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Chewy was filed on November 22, 2024 so you should expect the next rating to be made available sometime around November 22, 2025.
While ratings are subjective and will change, the latest Chewy (CHWY) rating was a maintained with a price target of $24.00 to $28.00. The current price Chewy (CHWY) is trading at is $34.61, which is out of the analyst’s predicted range.
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