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The latest announcement is out from Chewy ( (CHWY) ).
On February 23, 2026, Chewy’s board appointed Christopher S. “Chris” Deppe as Chief Financial Officer and principal financial officer, ending the interim tenure of Chief Accounting Officer William Billings in that role, while Billings remains CAO. Deppe, a veteran finance leader who joined Chewy in 2022 after more than 16 years at Amazon and earlier roles at Intel, receives a compensation package centered on salary, bonus eligibility, and substantial multi-year, performance-linked equity grants approved in connection with his promotion.
In a February 24, 2026 press release, Chewy highlighted Deppe’s role in sharpening its financial strategy and operational rigor and reaffirmed its fiscal 2025 guidance and long-term plan to reach a 10% adjusted EBITDA margin. The move signals a completed CFO succession process after a competitive search involving external candidates and underscores the board’s confidence that Deppe’s institutional knowledge and disciplined execution will support durable, profitable, capital-efficient growth for customers, partners, and shareholders.
The most recent analyst rating on (CHWY) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on Chewy stock, see the CHWY Stock Forecast page.
Spark’s Take on CHWY Stock
According to Spark, TipRanks’ AI Analyst, CHWY is a Neutral.
The score is driven primarily by improving financial performance—especially strong free cash flow and better gross margins—supported by a constructive earnings update and raised profitability outlook. These positives are tempered by weak longer-term technical positioning (below the 100/200-day averages with negative MACD) and a rich valuation (P/E ~69) with no dividend yield.
To see Spark’s full report on CHWY stock, click here.
More about Chewy
Chewy, Inc. is a leading e-commerce company focused on pet products, supplies, and prescriptions for pet parents and partners across the U.S. It offers about 130,000 products from roughly 3,200 brands via its website and mobile app, emphasizing convenience, competitive pricing, and customer-centric service to build loyalty and drive repeat purchases.
Average Trading Volume: 7,868,197
Technical Sentiment Signal: Sell
Current Market Cap: $10.03B
Find detailed analytics on CHWY stock on TipRanks’ Stock Analysis page.