Where Will Chewy Stock Be in 5 Years?
It has been a volatile period for (NYSE: CHWY) stock, but most of the past five years have been negative for its shareholders. The pet supply giant was briefly a Wall Street favorite when the use of e-commerce soared during the early phases of the pandemic. Shares quickly reversed course once the growth hangover struck, though.
Chewy stock is now down by more than 80% over the past five years after having jumped by 70% through early 2021.
Yet, investing is all about the future, and the future seems brighter for this e-commerce specialist. Chewy has a good chance of boosting its sales footprint even as it makes its business more efficient.
Source Fool.com
Chewy Inc Stock
€26.55
-0.270%
With 36 Buy predictions and 4 Sell predictions Chewy Inc is one of the favorites of our community.
As a result the target price of 28 € shows a slightly positive potential of 5.46% compared to the current price of 26.55 € for Chewy Inc.
