Chewy (CHWY) Receives a Hold from Needham

Needham analyst Anna Andreeva maintained a Hold rating on Chewy (CHWYResearch Report) today. The company’s shares closed last Thursday at $25.54, close to its 52-week low of $22.22.

According to, Andreeva is a 1-star analyst with an average return of -2.4% and a 42.0% success rate. Andreeva covers the Consumer Goods sector, focusing on stocks such as Petco Health and Wellness Company, Revolve Group, and Overstock.

Chewy has an analyst consensus of Moderate Buy, with a price target consensus of $56.18, implying a 133.1% upside from current levels. In a report issued on May 24, Barclays also maintained a Hold rating on the stock with a $26.00 price target.

See the top stocks recommended by analysts >>

Based on Chewy’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $2.39 billion and GAAP net loss of $63.61 million. In comparison, last year the company earned revenue of $2.04 billion and had a net profit of $21.05 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Florida-based Chewy, Inc. is an online retailer of pet food, pet supplies, prescriptions and other pet-related products for dogs, cats, fish, birds, small pets, horses, and reptiles. It serves its customers through its retail website,, and its mobile applications.

Read More on CHWY:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More