Chewy Stock Drops Over 11% in May Amid CEO Comments and Analyst Downgrades

In May, Chewy's stock fell more than 11% due to cautious remarks from CEO Sumit Singh about consumer spending amid macroeconomic challenges. This was compounded by price target reductions from analysts at Morgan Stanley and Barclays.

By Eric Volkman · Motley Fool · June 8, 2026, 21:07 UTC

Chewy Stock Drops Over 11% in May Amid CEO Comments and Analyst Downgrades

Tickers: $BARC $CHWY $MS

Topics: analyst_ratings ceo_comments consumer_sentiment

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