Benzinga · Aug 26, 2026
Morgan Stanley Maintains Overweight on Chewy, Lowers Price Target to $37
Morgan Stanley analyst Lauren Schenk maintains Chewy (NYSE:CHWY) with a Overweight and lowers the price target from $42 to $37.
CH
NASDAQ · CHWY
Chewy, Inc.
Consumer Cyclical · Specialty Retail
$23.96
Up+$0.06 (+0.25%)
Updated Sep 4, 2026, 5:17 PM
SID Score
4.5/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 14.18B
- P/E ratio
- 68.56
- Dividend yield
- 0.00%
- 52-week range
- $17.40 – $43.50
- Volume
- 6.77M
- Avg. volume
- 8.19M
Price performance
CHWY price history
1M range · 21 trading sessions · Daily adjusted prices
CHWY closed at $23.96 after 21 trading sessions, up 2.26% for the selected period.
- Last close
- $23.96
- Period change
- +2.26%
- Period low
- $22.13
- Period high
- $24.69
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 3, 2026 | $24.61 | $25.38 | $23.81 | $23.96 | 6.77M |
| Sep 2, 2026 | $23.22 | $24.32 | $23.21 | $24.17 | 7.28M |
| Sep 1, 2026 | $23.61 | $23.99 | $23.48 | $23.72 | 7.24M |
| Aug 31, 2026 | $23.21 | $23.93 | $22.825 | $23.80 | 9.78M |
| Aug 28, 2026 | $22.90 | $23.735 | $22.815 | $23.26 | 5.01M |
| Aug 27, 2026 | $22.94 | $23.38 | $22.60 | $22.80 | 6.85M |
| Aug 26, 2026 | $24.50 | $24.65 | $22.96 | $22.97 | 8.3M |
| Aug 25, 2026 | $24.52 | $24.81 | $24.33 | $24.69 | 5.24M |
| Aug 24, 2026 | $23.89 | $24.78 | $23.7201 | $24.50 | 7.91M |
| Aug 21, 2026 | $23.86 | $24.46 | $23.56 | $24.02 | 6.72M |
| Aug 20, 2026 | $23.28 | $24.05 | $23.25 | $23.88 | 5.05M |
| Aug 19, 2026 | $23.21 | $24.18 | $23.11 | $23.99 | 5.61M |
| Aug 18, 2026 | $22.26 | $23.53 | $22.195 | $23.04 | 5.86M |
| Aug 17, 2026 | $22.00 | $22.62 | $21.94 | $22.13 | 5.69M |
| Aug 14, 2026 | $22.28 | $22.55 | $22.145 | $22.42 | 4.48M |
| Aug 13, 2026 | $22.35 | $22.73 | $21.92 | $22.46 | 5.87M |
| Aug 12, 2026 | $22.23 | $22.58 | $22.06 | $22.35 | 6.75M |
| Aug 11, 2026 | $22.23 | $22.9684 | $22.13 | $22.47 | 6.41M |
| Aug 10, 2026 | $23.34 | $23.71 | $22.535 | $22.59 | 6.82M |
| Aug 7, 2026 | $23.62 | $24.14 | $23.37 | $23.53 | 5.87M |
| Aug 6, 2026 | $23.70 | $23.94 | $23.39 | $23.43 | 6.72M |
Latest CHWY news
The latest Smart Investors Daily articles mentioning CHWY.
Stock researchCompany · Overview
CHWY research
Overview
Company profile and research snapshot.
Company profile
Chewy is the largest e-commerce petcare retailer in the US, generating $11.9 billion in fiscal 2024 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a stand-alone company in 2019 after spending a couple of years developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, and hard goods like crates, leashes, and bowls.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $47.71
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 26, 2026 | Morgan Stanley | Overweight | — |
| Aug 26, 2026 | RBC Capital | Outperform | — |
| Aug 20, 2026 | Rosenblatt | Neutral | — |
| Jun 12, 2026 | Goldman Sachs | Buy | — |
| Jun 11, 2026 | TD Cowen | Buy | — |
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Benzinga · Aug 26, 2026
RBC Capital Reiterates Outperform on Chewy, Maintains $34 Price Target
RBC Capital analyst Steven Shemesh reiterates Chewy (NYSE:CHWY) with a Outperform and maintains $34 price target.
SeekingAlpha · Aug 25, 2026
Chewy: The Auto-Ship Moat Might Not Be As Protective As Once Believed
Chewy leans on Autoship for 84% of revenueâan edge that may also signal saturation risk and slower growth. Click here to read more about CHWY.
Fintel · Aug 20, 2026
Rosenblatt Initiates Coverage of Chewy (CHWY) with Neutral Recommendation
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