Chewy: Growth, Value, And Upside In 2026
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The Asian Investor31.13K FollowersFollow5ShareSavePlay(11min)Comment(1)SummaryChewy delivered strong Q3 results, with 8% Y/Y revenue growth and robust expansion in its subscription business, now comprising 84% of revenue.CHWY's net sales per active customer rose 5% year-over-year to $595, and the platform added 1 million new customers in the last year, reaching 21.2 million total.Profitability improved with 31% EBITDA growth and a 6% EBITDA margin, reflecting high operating leverage and effective monetization of the autoship model.I maintain a bullish stance on CHWY, citing continued customer growth, expanding veterinary clinics, and a compelling valuation, with fair value near $55/share. Tom Werner/DigitalVision via Getty Images Chewy, Inc. (CHWY) reported better-than-expected earnings for its third fiscal quarter about a week ago, and the retailer continues to have significant success in growing its subscription business. Chewy did especially well in termsThis article was written byThe Asian Investor31.13K FollowersFollowI am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon.Analyst’s Disclosure:I/we have a beneficial long position in the shares of CHWY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.