Today, we’ll look at the chewy stock forecast until 2022. The projection for chewy stock’s price over several years. Find out the prognosis and target stock prices for the technical levels of the In chewy stock.
Chewy stock can be a fantastic choice for investors looking for stocks with high returns. It is regarded as a high-risk, high-return investment option for one year. The chewy real-time exchange rate is 40 USD as of 2022-02-25. Chewy stock is expected to trade at $44.54 per share on February 26, 2022. In the near future, Chewy stock may experience the volatility of 1.850%.
What Is Chewy Stock?
An online retailer called CHEWY Stock offers only pure-play services. The business provides services and goods for pet healthcare, including drugs, food, and treats for fish, birds, small pets, horses, and reptiles. Ryan Cohen and Michael Day created the business, which has its headquarters in Dania Beach, Florida, in September 2011.
Who Owns Chewy Stock?
In May 2017, Chewy was purchased by PetSmart for $3.35 billion, which at the time was the most money ever spent on an online retailer.
Is Chewy A Buy Sell Or Hold?
Buy is the general consensus for Chewy. Based on 9 buy ratings, 8 hold ratings, and no sell ratings, the firm has an average rating score of 2.53.
Chewy Stock Forecast 2023
The average Chewy stock forecast for 2023 is $37.72, with high predictions of $41.29 and low forecasts of $36.09. There are 12 predictions made for each month of 2023. The average Chewy stock estimate for 2023 shows a drop from the most recent price of $38.4000015258789 of -1.78%.
Chewy Stock Forecast 2024
Chewy stock forecast EPS is expected to be -$0.11 on average in 2024, with the lowest estimate coming in at -$0.27 and the highest at $0.09.
Chewy Stock Forecast 2025
The average Chewy stock forecast for 2025 is $38.92, with high and low predictions of $39.92 and $36.5 respectively. There are 12 forecasts made for each month of 2025. The typical Chewy stock forecast for 2025 shows a growth of 1.34% from the most recent price of $38.4000015258789.
Chewy Stock Forecast 2026
Chewy stock forecast for 2026 includes 5 forecasts, with an average prognosis of $36.71, a high forecast of $37.65, and a low forecast of $36.26 for each month of 2026. The typical Chewy stock forecast for 2026 shows a -4.4% decline from the most recent price of $38.4000015258789.
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Chewy Stock Forecast 2027
Chewy stock forecast for 2027, 12 predictions are made, with an average of $38.29, a high prognosis of $39.53, and a low forecast of $37.24. From the most recent price of $38.4000015258789, the average Chewy stock forecast for 2027 represents a -0.27% decline.
Chewy Stock Forecast 2028
The average Chewy stock forecast for 2028 is $41.78, with high and low forecasts of $39.65 and $37.27, respectively. Five predictions are made for each month of 2028. From the most recent price of $38.4000015258789, the average Chewy stock forecast for 2028 represents a -6.5% decline.
Chewy Stock Forecast 2029
The average Chewy stock prediction for 2029 is $34.01, with high predictions of $34.24 and low forecasts of $33.75. There are 12 predictions made for each month of 2029. The average Chewy stock prognosis for 2029 shows a drop from the most recent price of $38.4000015258789 of -11.43%.
Chewy Stock Forecast 2030
Chewy stock forecast for the decade of 2030 (10 years), with seven forecasts made for each month, with an average forecast of $33.75, a high prognosis of $33.97, and a low forecast of $33.61. The typical Chewy stock forecast for 2030 indicates a drop from the most recent price of $38.4000015258789 of -12.1%.
FAQS
Is Chewy Undervalued?
The current Real Value for Chewy Inc. is $52.91 per share. The firm is currently priced at $42.78. The company seems to be undervalued right now.
What Is The PE Ratio For Chewy?
The chart below shows the Forward PE Ratio’s historical data trend:
The units underlying each statistic in the Operating Data section are noted, and all currency-related amounts are given in US dollars.
All figures in the remaining sections, except the per-share statistics, ratio, and %, are in millions. The linked stock exchange currency of the corporation is used to identify all currency-related amounts.
Chewy’s Forward PE Ratio is 192.11 as of right now.
Today’s PE Ratio for Chewy sans NRI is 0.00.
Chewy’s PE Ratio is 0.00 as of right now.
Will Chewy Stock Go Up?
Based on 19 experts’ forecasts, $70.57 is the average price target. The company’s forecast is upbeat for the first quarter and fiscal year 2022. In the first quarter and for the entire fiscal year, Chewy anticipates net revenues of $2.40 billion to $2.43 billion.
Is Chewy A Good Stock To Buy?
Although they are still slowing, early 2022 had solid sales trends. Margins ought to increase over time. Chewy enjoys a strong position in a developing industry.
Why Is Chewy Stock Dropping?
In Q4, the number of customers grew slowly. Chewy (NYSE: CHWY) dropped more than 15.7% on Wednesday due to higher costs that resulted in a Q4 earnings miss. The Chewy update didn’t do much to please Wall Street (CHWY). Following the study’s publication, UBS maintained a Sell rating on the store while lowering its price objective to $42.
Conclusion
This article believes the stock will reach its bulls-eye in future. The company is expected to continue posting strong results and achieve significant growth.
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