Chewy stock price forms a wedge, hits resistance at 200 EMA
Chewy's stock price has delivered strong returns in the past seven months, jumping from a low of $14.7 to $36. This 145% jump was better than most companies in the United States, including the benchmark indices like the S&P 500 and Nasdaq 100.
Why Chewy Stock Spiked Today
Shares of leading pet e-commerce behemoth Chewy (CHWY 5.39%) were up 5% as of 12:45 p.m. ET on Friday, according to data provided by S&P Global Market Intelligence.
Analyst Highlights Chewy's Massive Growth Potential
Chewy Inc (NYSE:CHWY) stock is 1.1% higher in pre-market trading, following a bull note at Wolfe Research.
Wolfe upgrades Chewy to Outperform, sees operational efficiency gains
Wolfe Research analyst Shweta Khajuria upgraded Chewy to Outperform from Peer Perform with a $42 price target. The firm said its upgrade is based on four key points, namely: customer growth is improving, with acceleration expected in 2025 and 2026; net sales per active customer growth will remain healthy driven by ongoing mix-shift to pet health and Autoship; several product catalysts, and; international expansion. All of these initiatives coupled with operational efficiency gains should help drive more meaningful margin expansion, the analyst tells investors in a research note.
Chewy (CHWY) is Attracting Investor Attention: Here is What You Should Know
Chewy (CHWY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Chewy: Fetching Strong Growth In 2025
Chewy.com, founded in 2011, excels in online retail for pet products, aiming to be the most trusted and convenient destination for pet parents. With 115K products and partnerships with 3500 brands, Chewy offers a comprehensive selection, including private label options. A strategic fulfillment network of 16 centers enables Chewy to deliver to over 80% of the US overnight and 100% within two days.
Chewy (CHWY) Is a Trending Stock: Facts to Know Before Betting on It
Chewy (CHWY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
What's Driving Chewy's Stock Up 47%?
Chewy's stock (NYSE: CHWY) has experienced a notable 47% surge in the last year to around $32 (Dec 18), garnering significant investor attention. Chewy's stock has plummeted 73% from its February 2021 peak of approximately $120 and currently trades at a level lower than its June 2019 initial public offering price ($35).
Tractor Supply Elevates Pet Offerings With Stella & Chewy's Products
TSCO transforms the pet nutrition landscape with the nationwide expansion of Stella & Chewy's premium, a natural product line for dogs and cats.
How Chewy's stock is shedding its meme-stock past amid strong execution
Shares of the online retailer of pet products wre up 4.5% Monday and were on pace for their largest percent increase since Nov. 20.
Chewy Stock Up 37% YTD: What's the Best Move for Investors Now?
Chewy is well-positioned to capitalize on favorable dynamics and internal initiatives. However, rising costs and increased competition remain concerns.
Have $500? 2 Absurdly Cheap Stocks Long-Term Investors Should Buy Now
It's not easy to find compelling values on the stock market in normal times -- and these are anything but normal times. The S&P 500 is on track to finish its second consecutive year of 20%-plus gains, ensuring that most popular stocks are already trading near all-time highs.
