Streetbeat News

CHWY

Chewy, Inc.

https://www.chewy.com

Industry

Specialty Retail

Chewy, Inc., together with its subsidiaries, engages in the pure play e-commerce business in the United States. The company provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its www.chewy.com retail Website, as well as its mobile applications. It offers approximately 100,000 products from 3,000 partner brands. The company was founded in 2010 and is headquartered in Dania Beach, Florida.

Open

32.42

Mkt cap

13B

Volume

3.7M

High

32.68

P/E Ratio

38.20

52-wk high

39.10

Low

31.53

Div yield

N/A

52-wk low

14.69

Morgan Stanley analyst Lauren Schenk has upgraded Chewy (NYSE:CHWY) from Equal-Weight to Overweight, but lowered the price target from $31 to $28.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 9:50 am

UBS analyst Michael Lasser has upgraded Chewy (NYSE:CHWY) from Sell to Neutral and lowered the price target from $25 to $20.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 10:20 am

Amazon is considering entering the veterinary telehealth sector, a move that would directly challenge Walmart, which already offers such services to its Walmart+ subscribers. This comes as the pet market becomes increasingly competitive. Amazon's consideration of this new service follows its expansion into the human health sector by acquiring One Medical. The company might consider partnering with Pawp for its potential pet telehealth offering, or it could collaborate with other startups in the pet telehealth space or develop its platform, similar to what Chewy did during the pandemic.

Portfolio Pulse from Anusuya Lahiri

October 24, 2023 | 3:18 pm

Insiders at Airbnb, Chewy, JFrog, and Squarespace have recently sold significant amounts of shares. Airbnb's Chief Accounting Officer sold 3,402 shares, Chewy's Interim CFO and CAO sold 11,423 shares, JFrog's CEO sold 45,860 shares, and Squarespace's CEO sold 40,973 shares. These sales come amidst various company updates, including analyst downgrades and new appointments.

Portfolio Pulse from Lisa Levin

October 20, 2023 | 12:07 pm

In the last quarter, Chewy (NYSE:CHWY) received various analyst ratings, with the majority being somewhat bullish. Over the past 3 months, 19 analysts have offered 12-month price targets for Chewy, with an average price target of $33.21, a 22.64% decrease from the previous average price target of $42.93.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 5:00 pm

B of A Securities analyst Curtis Nagle has reinstated Chewy (NYSE:CHWY) with an Underperform rating and announced a $16 price target.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 2:13 pm

Chewy, Inc. (NYSE:CHWY) shares traded lower due to overall market weakness amid a rise in Treasury yields following CPI data. The CPI rose by 3.7% year-on-year, exceeding the expected figure of 3.6%. This created a risk-averse sentiment in investors, impacting Chewy's stock. The company's stock is trading near its all-time low.

Portfolio Pulse from Ryan Gustafson

October 12, 2023 | 8:14 pm

Shares of several retail companies are trading lower due to overall market weakness following a rise in Treasury yields after the release of CPI data.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 7:30 pm

Benzinga's options activity scanner has identified significant trading activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), Ford (F), Capri Holdings (CPRI), Thermon Group Holdings (TH), General Motors (GM), Royal Caribbean Cruises (RCL), Chewy (CHWY), Sleep Number (SNBR), Gap (GPS), and QuantumScape (QS). The article provides detailed information about the options trades, including the type of trade, sentiment, expiration date, strike price, total trade price, open interest, and volume.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 5:35 pm

Chewy (CHWY) has seen a significant option alert, with 1000 calls for October 20 at $20, near the ask price of $0.35. This is compared to an open interest of 8496. The reference price is $18.03.

Portfolio Pulse from Charles Gross

September 26, 2023 | 1:57 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.