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

In the last three months, 16 analysts have published ratings on Chewy (NYSE:CHWY), with a mix of bullish and bearish perspectives. The average 12-month price target has increased by 12.5% to $24.12. Analysts have recently raised their price targets, reflecting positive sentiment towards Chewy's financial performance, including strong revenue growth, net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 1:00 pm

Wolfe Research has initiated coverage on Chewy (NYSE:CHWY) with a Peer Perform rating by analyst Shweta Khajuria.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 10:02 am

Benzinga reviewed the prospects of popular stocks and cryptocurrencies, highlighting bullish and bearish outlooks. Key mentions include Tesla's FSD delays, Nvidia's rare downgrade, Palantir's AI potential, and a predicted rebound for Dogecoin.

Portfolio Pulse from Michael Cohen

July 06, 2024 | 1:27 pm

Chewy shares are trading higher due to continued volatility after 'Roaring Kitty' Keith Gill disclosed a 6.6% passive stake.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 7:30 pm

Koss Corporation (NASDAQ:KOSS) shares are trading higher due to continued interest from retail investors, driven by speculation on social media. The stock saw a significant increase in trading volume and was halted for volatility. Nearly 8% of Koss shares are being sold short, contributing to large price movements.

Portfolio Pulse from Erica Kollmann

July 05, 2024 | 3:02 pm

Chewy, Inc. (NYSE:CHWY) shares are trading lower amid increased volatility after Keith Gill, known as Roaring Kitty, disclosed a 6.6% stake in the company. Despite initial gains, the stock ended Monday 6.61% lower and continues to decline on Tuesday. Citron Research questioned the source of Gill's investment funds, adding to the uncertainty.

Portfolio Pulse from Erica Kollmann

July 02, 2024 | 4:45 pm

GameStop Corp (NYSE:GME) shares are trading slightly higher on low volume as retail traders speculate about recent moves from meme stock trader Keith Gill. Gill, known for his role in the 2021 meme stock squeeze, recently disclosed a 6.6% stake in Chewy Inc (NYSE:CHWY), causing some selling pressure on GameStop shares. Despite a court case accusing Gill of manipulating GameStop's stock price being dismissed, GameStop shares closed down over 5% on Monday. Trading volume remains low compared to the average.

Portfolio Pulse from Adam Eckert

July 02, 2024 | 3:56 pm

Chewy shares are trading lower after a rise on Monday due to a stake from investor Roaring Kitty.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:57 pm

Keith Gill, known as 'Roaring Kitty,' has made a $200 million investment in Chewy Inc. (CHWY), which has been questioned by Citron Research. Citron suggests that the investment may not be Gill's own money and finds Warren Buffett's 30% stake in Occidental Petroleum (OXY) more compelling. The news led to a surge and subsequent trading halt in Chewy's stock due to volatility. GameStop (GME) also saw a decline in its stock price following the news.

Portfolio Pulse from Benzinga Neuro

July 02, 2024 | 3:38 am

On Monday, major U.S. indices closed positively with the Dow Jones, S&P 500, and Nasdaq all seeing gains. The top trending stocks were Chewy, Apple, Marathon Digital, McDonald's, and Tesla. Chewy's stock dipped after Keith Gill disclosed a 6.6% stake. Apple shares rose following a positive analyst rating. Marathon Digital surged due to a rebound in Bitcoin prices. McDonald's shares fell amid a tech-driven shift in the restaurant industry. Tesla's shares climbed as investors anticipated an update on quarterly sales.

Portfolio Pulse from Benzinga Neuro

July 02, 2024 | 2:06 am

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.