Is Chewy Stock Going to $100?

The Motley Fool

by newsfeedback@fool.com (Will Healy)

March 3, 2026

AI-Generated Deep Dive Summary

Chewy (NYSE: CHWY) stock has experienced significant fluctuations in recent years, riding the wave of popularity during the pandemic but facing challenges as restrictions eased. Once hitting an intraday high of $120 per share, Chewy’s stock saw a decline as consumers reverted to pre-pandemic shopping habits. However, the company hasn’t stopped growing; it has expanded into new business areas like pet insurance and grooming services, which have contributed to increased profitability. While the question remains whether Chewy can reach $100 per share again, its strategic moves suggest a path toward sustained growth. The online pet retailer’s success during the pandemic was driven by the shift in consumer behavior as lockdowns forced people to shop online for essential goods, including pet supplies. This surge in demand propelled Chewy to an all-time high valuation. However, as life returned to normalcy post-pandemic, some investors lost interest, leading to a stock sell-off. Despite this, Chewy has demonstrated resilience by diversifying its offerings and enhancing its service model. Chewy’s expansion into new business lines has been a key factor in its ability to maintain growth momentum. By offering pet insurance, grooming services, and other related products, the company has broadened its appeal beyond traditional pet supplies. This strategic diversification not only attracts a wider customer base but also positions Chewy as a one-stop destination for pet owners’ needs. Additionally, Chewy’s focus on improving customer experience through personalized services and loyalty programs has helped retain existing customers. For investors and finance enthusiasts, Chewy’s journey is an interesting case study in post-pandemic resilience and adaptability. The company’s ability to evolve its business model while maintaining profitability makes it a compelling investment opportunity. While predicting whether the stock will reach $100 again involves analyzing various factors, including market trends, consumer behavior, and company performance, Chewy’s current trajectory indicates potential for continued growth. Its strategic expansions and focus on customer satisfaction suggest

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Originally published on The Motley Fool on 3/3/2026