Piper Sandler Maintains an Overweight Rating on Chewy Inc (CHWY) – Here’s Why

Chewy Inc (NYSE:CHWY) is 1 of the champion e-commerce stocks to bargain now. Piper Sandler maintained an Overweight standing connected Chewy Inc (NYSE:CHWY) connected February 5, mounting a terms people of $48.00. The steadfast based the standing update connected concerns regarding favored ownership pursuing Tractor Supply Company’s caller net report, the company’s 2026 guidance, and the continued overhang from BC Partners, which inactive holds astir a 42% ownership stake.

Piper further stated that Chewy Inc’s (NYSE:CHWY) 2025 net are person to statement expectations successful examination to the larger beats witnessed successful erstwhile years, with lone a 3% EBITDA bushed year-to-date compared to an mean 22% bushed successful 2024. It anticipates Chewy Inc (NYSE:CHWY) to follow a blimpish attack for 2026, and expects the institution to usher for 7-8% income maturation compared to the Street’s 8% expectation. In addition, it volition apt bracket the 6.6% statement EBITDA borderline with imaginable upside from improved leverage, according to the firm.

In different development, Morgan Stanley revised the terms people connected Chewy Inc (NYSE:CHWY) to $51 from $48 connected January 13, keeping an Overweight standing connected the shares. According to the firm, 2026 is expected to beryllium “thematically similar” to 2025 successful the net sector, with companies exhibiting worldly affirmative ROIC from GenAI oregon GPU-enabled technologies apt to get rewarded by the market.

Chewy Inc (NYSE:CHWY) is an online retailer of favored nutrient and different pet-related products and services. The institution provides favored food, medications, treats, and different related services and products, and besides offers a portfolio of favored healthcare offerings, including Chewy Pharmacy, Connect with a Vet, and CarePlus.

While we admit the imaginable of CHWY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.