StreetInsider.com News Articles

Chewy Inc. (CHWY) PT Lowered to $34 at Goldman Sachs

Fri, 12 Jun 2026 06:43:03 -0400

Goldman Sachs analyst Alexandra Steiger lowered the price target on Chewy Inc. (NYSE: CHWY) to $34.00 (from $46.00) while maintaining a Buy rating.

Chewy Inc. (CHWY) PT Lowered to $31 at Citi

Fri, 12 Jun 2026 05:23:09 -0400

Citi analyst Steven Zaccone lowered the price target on Chewy Inc. (NYSE: CHWY) to $31.00 (from $37.00) while maintaining a Buy rating.

Chewy Inc. (CHWY) PT Lowered to $34 at TD Cowen

Thu, 11 Jun 2026 10:31:33 -0400

(Updated - June 11, 2026 10:31 AM EDT)

TD Cowen analyst William Kerr lowered the price target on Chewy Inc. (NYSE: CHWY) to $34.00 (from $42.00) while maintaining a Buy rating.

The analyst commented: "1Q Print Strong While Macro Weighs on FY26 Revenue Outlook; Chewy 1Q26 revenue was in line with expectations, while EBITDA beat consensus by ~5%. Mgmt. lowered FY26 revenue guide ~1.5% amid a weaker macro environment while maintaining their EBITDA margin forecasts. We trimmed both our FY26 revenue and EBITDA outlooks by ~2% while making some more substantial cuts long term. Shares were down ~2%. PT to $34, maintain

Chewy Inc. (CHWY) PT Lowered to $34 at TD Cowen

Thu, 11 Jun 2026 10:31:33 -0400

(Updated - June 11, 2026 10:31 AM EDT)

TD Cowen analyst William Kerr lowered the price target on Chewy Inc. (NYSE: CHWY) to $34.00 (from $42.00) while maintaining a Buy rating.

Chewy Inc. (CHWY) PT Lowered to $24 at UBS as Q1 Print Shows Stock 'Not Immune From the Macro'

Thu, 11 Jun 2026 09:57:54 -0400

(Updated - June 11, 2026 9:57 AM EDT)

UBS analyst Michael Lasser lowered the price target on Chewy Inc. (NYSE: CHWY) to $24.00 (from $32.00) while maintaining a Neutral rating.

The analyst commented, "If nothing else comes from Chewy's first quarter results, it's that the company's model is not fully immune from the macro. This has not always been the case. Earlier in its growth trajectory, it was able to outrun a bumpier consumer period. The subtle signal from this is that the company is maturing. It's showing the benefits of this aging process, such as realizing profitability improvements. But, all of

Chewy Inc. (CHWY) PT Lowered to $24 at UBS as Q1 Print Shows Stock 'Not Immune From the Macro'

Thu, 11 Jun 2026 09:57:54 -0400

(Updated - June 11, 2026 9:57 AM EDT)

UBS analyst Michael Lasser lowered the price target on Chewy Inc. (NYSE: CHWY) to $24.00 (from $32.00) while maintaining a Neutral rating.

MoffettNathanson cuts Chewy to neutral as growth slows, target slashed

Thu, 11 Jun 2026 09:36:40 -0400

Investing.com -- MoffettNathanson downgraded pet products retailer Chewy to Neutral from Buy and slashed its price target to $22 from $50, citing slowing organic growth, increased macroeconomic sensitivity and a less compelling valuation outlook.

The brokerage said Chewy's underlying growth remains underwhelming. Excluding contributions from recent acquisitions, including Modern Animal and SmartPak, it estimates fiscal 2026 revenue growth of about 5.7%, slowing from 6.2% in fiscal 2025. After adjusting for growth from Chewy's veterinary clinic business, core growth falls further to roughly 5.5%, undermining expectations for an industry recovery.

Analysts also questioned management's explanation for softer demand

Chewy Inc. (CHWY) PT Lowered at RBC Capital on a 'more muted growth outlook'

Thu, 11 Jun 2026 09:26:28 -0400

(Updated - June 11, 2026 9:26 AM EDT)

RBC Capital analyst Steven Shemesh lowered the price target on Chewy Inc. (NYSE: CHWY) to $34.00 (from $47.00) while maintaining an Outperform rating.

The analyst commented: "Trimming Estimates/PT on More Challenged Category Outlook; Following mgmt comments intra-quarter, a guide-down was largely expected. We believe revised guidance appropriately reflects risk, though acknowledge more muted category growth limits the forward catalyst path. For 2Q, we lower our 2Q net sales growth estimate to +6.8% (+8.4% prior / guidance +6-7%) though maintain our adj. EBITDA estimate at $212M (EBITDA margin of 6.4% vs. guidance 6.3-6.4%). For 2026/2027,

Chewy Inc. (CHWY) PT Lowered at RBC Capital on a 'more muted growth outlook'

Thu, 11 Jun 2026 09:26:28 -0400

(Updated - June 11, 2026 9:26 AM EDT)

RBC Capital analyst Steven Shemesh lowered the price target on Chewy Inc. (NYSE: CHWY) to $34.00 (from $47.00) while maintaining an Outperform rating.

Chewy Inc. (CHWY) PT Lowered to $29 at JPMorgan

Thu, 11 Jun 2026 08:38:33 -0400

JPMorgan analyst Doug Anmuth lowered the price target on Chewy Inc. (NYSE: CHWY) to $29.00 (from $35.00) while maintaining a Overweight rating.

Chewy Inc. (CHWY) PT Lowered to $42 at Morgan Stanley

Thu, 11 Jun 2026 08:23:52 -0400

Morgan Stanley analyst Lauren Schenk lowered the price target on Chewy Inc. (NYSE: CHWY) to $42.00 (from $43.00) while maintaining a Overweight rating.

Chewy Inc. (CHWY) PT Lowered to $30 at Baird

Thu, 11 Jun 2026 06:20:28 -0400

Baird analyst Justin Kleber lowered the price target on Chewy Inc. (NYSE: CHWY) to $30.00 (from $40.00) while maintaining a Outperform rating.

Chewy Inc. (CHWY) PT Lowered to $23 at Jefferies

Thu, 11 Jun 2026 05:32:10 -0400

Jefferies analyst Kaumil Gajrawala lowered the price target on Chewy Inc. (NYSE: CHWY) to $23.00 (from $31.00) while maintaining a Hold rating.

The analyst comments "Chewy delivered balanced growth in 1Q, but the durability of these trends is now in question with premiumization slowing. Management has appropriately pared back growth aspirations, but if more value conscious behavior emerges, it will impact the degree to which Chewy is able to outperform. We remain positive on the long-term story, but await better visibility into the breadth and duration of the recent weakness."

Chewy Inc. (CHWY) PT Lowered to $23 at Jefferies

Thu, 11 Jun 2026 05:32:10 -0400

Jefferies analyst Kaumil Gajrawala lowered the price target on Chewy Inc. (NYSE: CHWY) to $23.00 (from $31.00) while maintaining a Hold rating.

Chewy Inc. (CHWY) PT Lowered to $27 at Wolfe Research

Thu, 11 Jun 2026 05:24:33 -0400

Wolfe Research analyst Shweta Khajuria lowered the price target on Chewy Inc. (NYSE: CHWY) to $27.00 (from $39.00) while maintaining a Outperform rating.

The analyst comments "The Q1 print was largely in-line with expectations. We were cautious coming into the print, expecting a 1-2% guide down based on mostly macro and some competitive headwinds. While management did not cite competitive headwinds, they lowered the FY'26 guidance largely based on macro, specifically relating to discretionary attach rates. We believe this was largely priced into CHWY shares given its 24% decline since its last EPS print. Despite the softer industry outlook, Chewy continues

Chewy Inc. (CHWY) PT Lowered to $27 at Wolfe Research

Thu, 11 Jun 2026 05:24:33 -0400

Wolfe Research analyst Shweta Khajuria lowered the price target on Chewy Inc. (NYSE: CHWY) to $27.00 (from $39.00) while maintaining a Outperform rating.

Chewy Inc. (CHWY) PT Lowered to $28 at Citizens on Lowered Estimates

Thu, 11 Jun 2026 05:08:51 -0400

Citizens analyst Andrew Boone lowered the price target on Chewy Inc. (NYSE: CHWY) to $28.00 (from $45.00) while maintaining a Market Outperform rating.

The analyst commented, "Chewy reported revenue of $3.4B, coming in ~30bps above consensus, while EBITDA of $253.1M came in ~$13M above consensus (6% above). However, Chewy lowered full-year guidance by $200M while Modern Animal adds another $70M of inorganic revenue to 2026 as the company highlighted macro headwinds on discretionary pet purchases. More positively, Chewy maintained its 2026 EBITDA guidance margin expectations of 6.7% at the midpoint (6.6%-6.8%), long-term EBITDA margin guidance of ~10%, and for the business

Chewy Inc. (CHWY) PT Lowered to $28 at Citizens on Lowered Estimates

Thu, 11 Jun 2026 05:08:51 -0400

Citizens analyst Andrew Boone lowered the price target on Chewy Inc. (NYSE: CHWY) to $28.00 (from $45.00) while maintaining a Market Outperform rating.

MoffettNathanson Downgrades Chewy Inc. (CHWY) to Neutral

Thu, 11 Jun 2026 04:33:12 -0400

(Updated - June 11, 2026 4:33 AM EDT)

MoffettNathanson analyst Michael Morton downgraded Chewy Inc. (NYSE: CHWY) from Buy to Neutral with a price target of $22.00 (from $50.00).

The analyst comments: “Our Buy ratings are not placeholders. If we have an active rating, we should be able to confidently present the thesis to investors with an expectation for upside. As Chewy is situated today, we no longer hold this belief and are downgrading to Neutral.

Point 1 – Unimpressive organic growth. If we remove the contribution from Chewy’s two recent acquisitions of Modern Animal and SmartPak, revenue growth at the midpoint of

MoffettNathanson Downgrades Chewy Inc. (CHWY) to Neutral

Thu, 11 Jun 2026 04:33:12 -0400

(Updated - June 11, 2026 4:33 AM EDT)

MoffettNathanson analyst Michael Morton downgraded Chewy Inc. (NYSE: CHWY) from Buy to Neutral with a price target of $22.00 (from $50.00).

Point 1 – Unimpressive organic growth. If we remove the contribution from Chewy’s two recent acquisitions of Modern Animal and SmartPak, revenue growth at the midpoint of

Chewy Inc. (CHWY) PT Lowered to $36 at Barclays

Thu, 11 Jun 2026 03:29:18 -0400

Barclays analyst Trevor Young lowered the price target on Chewy Inc. (NYSE: CHWY) to $36.00 (from $40.00) while maintaining a Overweight rating.

Raymond James on Chewy Inc. (CHWY): 'we think risk/ reward remains favorable'

Wed, 10 Jun 2026 15:57:52 -0400

Raymond James analyst Rick Patel reiterated an Outperform rating and $25.00 price target on Chewy Inc. (NYSE: CHWY)

The analyst comments "CHWY’s F1Q26 was in line for revenue and GM, and better on EBITDA%. But FY26 revenue guide was cut on softening consumer trends and F2Q guide was set below expectations. Updated revenue guide of 6-8% growth includes acquisitions; organic growth of 5-6% is well below CHWY’s high-single- to low-double-digit growth algo. Importantly, these are consumer headwinds and not a function of execution, which remains a bright spot. We’re disappointed in the deceleration, but we reiterate our Outperform as we thinkrisk/

Raymond James on Chewy Inc. (CHWY): 'we think risk/ reward remains favorable'

Wed, 10 Jun 2026 15:57:52 -0400

Raymond James analyst Rick Patel reiterated an Outperform rating and $25.00 price target on Chewy Inc. (NYSE: CHWY)

Chewy Inc. (CHWY) PT Lowered to $30 at Piper Sandler

Wed, 10 Jun 2026 13:03:49 -0400

Piper Sandler analyst Anna Andreeva lowered the price target on Chewy Inc. (NYSE: CHWY) to $30.00 (from $48.00) while maintaining a Overweight rating.

Chewy Inc. (CHWY) PT Lowered to $33 at Evercore ISI

Wed, 10 Jun 2026 11:06:32 -0400

Evercore ISI analyst Mark Mahaney lowered the price target on Chewy Inc. (NYSE: CHWY) to $33.00 (from $40.00) while maintaining a Outperform rating.