Chewy Inc. Strengthens Long-Term Value Amid Shifting Internet Sector Dynamics

Thursday, Feb 5, 2026 10:43 am ET1min read
CHWY--

Chewy, Inc. reported Q3 2025 net sales of $3.12 billion, exceeding guidance and showing 8.3% YoY growth. The company's expanding ecosystem, including veterinary services, positions it to capture a larger share of pet spending and strengthen customer loyalty. Morgan Stanley raised its price target to $51 from $48, citing Chewy's improving operational leverage and clearer pathways to value creation.

Chewy Inc. Strengthens Long-Term Value Amid Shifting Internet Sector Dynamics

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