
Chewy (CHWY) Stock Forecast & Price Target
Chewy (CHWY) Analyst Ratings
Bulls say
Chewy, the largest e-commerce pet care retailer in the U.S., achieved impressive fiscal 2024 sales of $11.9 billion, driven by growth across multiple product categories including pet food and pharmacy services. The company reported an active customer base of 20.9 million, which saw a quarter-over-quarter increase of approximately 150,000, surpassing consensus expectations, and demonstrated improved marketing efficiency and customer acquisition metrics. Furthermore, Chewy’s leadership raised the full-year revenue outlook, forecasting a year-over-year increase of 5.4% to 6.2%, indicating ongoing strength in core business trends and customer engagement.
Bears say
Chewy, as the largest e-commerce petcare retailer in the US with $11.9 billion in sales for fiscal 2024, faces a negative outlook primarily due to an anticipated slowdown in e-commerce penetration within the pet category, which could adversely impact industry growth. The firm is also expected to contend with intensifying competition and challenges in acquiring and retaining customers in a cost-effective manner, raising concerns about its premium market positioning. Additionally, management's projections for sluggish industry growth and minimal pricing contributions underline the potential for continued normalization in market conditions, which could pose significant risks to Chewy's future performance.
This aggregate rating is based on analysts' research of Chewy and is not a guaranteed prediction by Public.com or investment advice.
Chewy (CHWY) Analyst Forecast & Price Prediction
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