The Latest Breaking News from Chewy, Inc.

The consumer goods industry is at the start of a significant transformation driven by advances in technology and changing consumer preferences. Therefore, it could be wise to buy fundamentally strong stocks, such as Levi Strauss (LEVI), Chewy (CHWY), and Ennis (EBF). Keep reading….

The pet care industry is expected to witness immense growth owing to a surge in pet adoptions, veterinary innovations, and rising disposable income. Thus, one could scoop up shares of fundamentally solid pet-care stocks with tail-wagging potential, like Zoetis (ZTS), Chewy (CHWY), and PetIQ (PETQ). Read more….

Needham analyst Anna Andreeva upgraded Chewy Inc (NYSE:CHWY) to Buy from Hold with a price target of $55, implying a 44% upside. The analyst said the company had exceeded expectations in Q1 FY22 after missing consensus EBITDA for four quarters. Andreeva thinks the positive momentum continued in Q2 as the pet category was inelastic, with price increases sticking,…

Wedbush analyst Seth Basham upgraded Chewy Inc (NYSE:CHWY) from Neutral to Outperform and raised the price target to $35 (8% upside) from $30. The analyst cites favorable pet category dynamics, bottoming e-commerce trends, attractive valuation, and better risk-reward as the reasons for the upgrade. While Seth expects discretionary goods spending pressure to continue in the near-to-medium…

Trading an issue on the day of its earnings report can be difficult. Monitoring the after-hours or premarket action along with being cognizant of the trading range from the last few sessions can be helpful. A good example of this is the price action in Chewy Inc.

Chewy Inc (NYSE: CHWY) shares are surging Thursday after the company reported strong first-quarter results, but Jim Cramer believes there's another reason the stock is on

Chewy Inc (NYSE: CHWY) shares are trading higher by 17.71% to $27.65 during Thursday's pre-market session after the company reported better-than-expected first-quarter sales results.

Chewy Inc (NYSE: CHWY) shares are trading lower Monday alongside several other stocks in the broader consumer discretionary sector amid overall market weakness as a rise in bond yields weighs on stocks.