Chewy (NYSE:CHWY) Issues Q1 2025 Earnings Guidance

Chewy (NYSE:CHWY) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.300-0.350 for the period, compared to the consensus estimate of 0.320. The company issued revenue guidance of $3.1 billion-$3.1 billion, compared to the consensus revenue estimate of $3.0 billion. Chewy also updated its FY 2025 guidance to EPS.

Wall Street Analysts Forecast Growth

CHWY has been the topic of several analyst reports. The Goldman Sachs Group boosted their price target on shares of Chewy from $35.00 to $40.00 and gave the company a “buy” rating in a report on Thursday, December 5th. JMP Securities reissued a “market outperform” rating and issued a $37.00 price target on shares of Chewy in a research report on Monday, December 16th. Guggenheim set a $42.00 price objective on Chewy and gave the company a “buy” rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. upped their price objective on Chewy from $37.00 to $38.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Finally, BNP Paribas downgraded Chewy from an “outperform” rating to a “neutral” rating in a research report on Thursday, December 5th. Six analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $37.95.

Chewy Stock Performance

NYSE CHWY opened at $33.30 on Thursday. The stock has a market capitalization of $13.56 billion, a P/E ratio of 36.60, a price-to-earnings-growth ratio of 2.21 and a beta of 1.23. Chewy has a 52 week low of $14.69 and a 52 week high of $40.09. The stock has a fifty day moving average of $36.09 and a 200-day moving average of $33.14.

Insiders Place Their Bets

In other news, CEO Sumit Singh sold 4,000 shares of the stock in a transaction on Friday, January 17th. The stock was sold at an average price of $37.52, for a total value of $150,080.00. Following the transaction, the chief executive officer now owns 518,581 shares of the company’s stock, valued at $19,457,159.12. This represents a 0.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO David Reeder sold 307,558 shares of Chewy stock in a transaction on Friday, February 7th. The stock was sold at an average price of $37.48, for a total value of $11,527,273.84. Following the sale, the chief financial officer now directly owns 546,257 shares of the company’s stock, valued at approximately $20,473,712.36. This trade represents a 36.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 8,083,269 shares of company stock valued at $290,611,129. 2.10% of the stock is currently owned by insiders.

About Chewy

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It 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 retail websites and mobile applications.