Shares of Chewy Inc (NYSE:CHWY) rose in early trading on Thursday after the company reported upbeat fourth-quarter (Q4) results.
Here are the key analyst insights:
- Guggenheim Securities analyst Steven Forbes reiterated a Buy rating and price target of $45.
- Needham analyst Bernie McTernan reaffirmed a Hold rating on the stock.
Check out other analyst stock ratings.
Guggenheim Securities: Chewy reported solid quarterly results, with net sales of $3.265 billion and adjusted earnings of 27 cents per share coming in at the high-end of management’s guidance, Forbes said in a note. The company guided to 2026 net sales of $13.60-$13.75 billion and adjusted EBITDA margin of 6.60%-6.80%, in-line with expectations, he added.
“We see the potential …