Chewy’s Growth Engine Is Stronger Than the Market Thinks

Chewy's stock is trading below analyst price targets despite strong fundamentals. The company's digital-first presence, Autoship subscription service (84.4% of revenue), and improving cash flow position it well for recovery. With 90%+ institutional ownership and technical indicators suggesting oversold conditions, the stock trading near $20 represents significant upside potential toward the $41.24 consensus price target.