Chewy Inc. (CHWY) PT Lowered to $60 at Jefferies

Chewy Inc. (CHWY) PT Lowered to $45 at Wedbush

Wedbush analyst Seth Basham lowered the price target on Chewy Inc. (NYSE: CHWY) to $45.00 (from $55.00) while maintaining a Neutral rating.... More

Chewy Inc. (CHWY) PT Cut to $60 as Wolfe Research Sees a Stagnant Share Price Ahead

Wolfe Research analyst Deepak Mathivanan lowered the price target on Chewy Inc. (NYSE: CHWY) to $60.00 (from $65.00) after the company reported 4Q revenues and EBITDA below expectations, due to impacts from out of stock products (2-pt drag on revs) and GM headwinds. The company guided... More

Chewy Inc. (CHWY) PT Lowered to $45 at Citi

Citi analyst Steven Zaccone lowered the price target on Chewy Inc. (NYSE: CHWY) to $45.00 (from $48.00) while maintaining a Neutral rating.... More

Chewy Inc. (CHWY) PT Lowered to $41 at Barclays

Barclays analyst Trevor Young lowered the price target on Chewy Inc. (NYSE: CHWY) to $41.00 (from $43.00) while maintaining a Equalweight rating.... More

UPDATE: Chewy Inc. (CHWY) PT Lowered to $73 as RBC Capital Sees a Delay in the Buy Thesis

(Updated - March 30, 2022 6:50 AM EDT)

RBC Capital analyst Steven Shemesh lowered the price target on Chewy Inc. (NYSE: CHWY) to $73.00 (from $77.00) after net adds, gross margin and FY22 guidance was all below expectations.

The analyst reiterated an Outperform rating, stating "We expected... More

Several Things Were Missing From Chewy Inc's (CHWY) Conference Call - Piper Sandler

Piper Sandler analyst Peter Keith reiterated a Neutral rating and $45.00 price target on Chewy Inc. (NYSE: CHWY) after the company missed Q4 estimates and guided 2022 sales/EBITDA below consensus. At the time of this writing, the analyst had not spoken with management and will likely publish a followup but currently 4 key questions remain unanswered:

1) Product cost inflation? While the price increase lag to product cost inflation was... More

Chewy Inc. (CHWY) PT Lowered to $59 at Goldman Sachs

Goldman Sachs analyst Eric Sheridan lowered the price target on Chewy Inc. (NYSE: CHWY) to $59.00 (from $70.00) while maintaining a Neutral rating.... More

Chewy (CHWY) Stock Plunges 15% on Weak Results and Guidance, Analysts Remain Optimistic

Shares of Chewy (NYSE: CHWY) are down nearly 15% in premarket trading Wednesday after the company reported worse-than-expected Q4 net sales and Q1 guidance.

Chewy reported fourth-quarter net sales of $2.39 billion, up 17% YoY and below the analyst consensus of $2.42 billion. The company reported an adjusted EBITDA loss of $28.1 million, compared to a $60.8 million profit in the year-ago period and an expected loss of $73,000.

The number of active customers in the quarter was reported at 20.7 million, missing the consensus projection of 20.9 million. Net sales per active customer came in at $430, just above the... More

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

UBS analyst Eric Sheridan lowered the price target on Chewy Inc. (NYSE: CHWY) to $42.00 (from $46.00) while maintaining a Sell rating.... More

Chewy Inc. (CHWY) PT Lowered to $55 at JPMorgan

JPMorgan analyst Doug Anmuth lowered the price target on Chewy Inc. (NYSE: CHWY) to $55.00 (from $68.00) while maintaining a Overweight rating.... More

UPDATE: Chewy Inc. (CHWY) PT Lowered to $62 as Morgan Stanley Questions Competitive Differentiation

(Updated - March 30, 2022 6:37 AM EDT)

Morgan Stanley analyst Lauren Schenk lowered the price target on Chewy Inc. (NYSE: CHWY) to $62.00 (from $68.00) after results guidance for 2022 Revenue and margins was worse than feared due to reopening headwinds and inflation.

The analyst reiterated... More

After-Hours Stock Movers 03/29: (VIR) (LULU) (MU) Higher; (CHWY) (GERN) (NWN) Lower (more...)

After-Hours Stock Movers:

Chewy (NYSE: CHWY) 14% LOWER; reported Q4 revenue of $2.39 billion, missing the Wall Street consensus of $2.42 billion.

Geron Corporation (Nasdaq: GERN) 14% LOWER;... More

Chewy (CHWY) Q4 Revenue Misses

Chewy (NYSE: CHWY) reported Q4 revenue of $2.39 billion versus the consensus estimate of $2.42 billion. Net loss of $63.6 million, including share-based compensation expense of $15.8 million.

Our ability to deliver 24 percent net sales growth in 2021, on top of the outsized growth we delivered last... More