Chewy's 1.13% Drop Amid $200M in Volume—Analysts See 13% Upside as Pet Retailer Ranks 472nd in Market Activity

On August 29, 2025, Chewy (CHWY) closed down 1.13% with a trading volume of $200 million, ranking 472nd in market activity. The stock’s recent performance reflects mixed analyst sentiment and strategic updates from key stakeholders.

JMP Securities raised its price target for Chewy to $48 from $39, citing the company’s position in the $152 billion U.S. pet spending market and its $12.1 billion annual revenue with a 29.24% gross profit margin. The firm highlighted Chewy’s autoship program as a driver of revenue predictability and potential margin expansion through advertising growth. Analysts also noted the stock’s fair valuation relative to long-term industry trends.

Current analyst ratings for CHWY show a "Moderate Buy" consensus, with 17 buy ratings, eight holds, and one strong buy. The average twelve-month price forecast stands at $43.78, implying a potential 13% upside from the recent $40.44 level. Over the past 90 days, the stock has seen one upgrade and one downgrade, with a consensus score of 2.73, outperforming the retail/wholesale sector average.

Backtest data indicates that Chewy’s stock has historically exhibited volatility tied to earnings reports and analyst revisions. The firm’s ability to maintain customer retention and adapt to competitive pressures in the pet care sector will likely influence its near-term trajectory.