Chewy stock trades at 48.8 times expected 2024 EPS, 38.1 times estimated 2025 earnings of $0.68 and 29.6 times estimated 2026 earnings of $0.88 per share. Its 52-week trading range is $22.22 to $52.88. Chewy does not pay a dividend. Total shareholder return for the past year is negative 31.50%.
CrowdStrike
Cloud security platform maker CrowdStrike Holdings Inc. (NASDAQ: CRWD) has seen its share price rise by more than 36% so far in 2023. But the stock is still down by nearly 26% over the past 12 months.The company’s AI platform, Falcon, has been around for a few years, and the boost the tech sector is getting from AI-enabled applications has lit a fire under companies like CrowdStrike. That has lifted expectations, and if CrowdStrike can deliver a solid beat, the stock price could zoom higher.
Of 47 brokerages covering the firm, 40 have a Buy or Strong Buy rating. At a share price of around $144.00, the upside potential based on a median price target of $180.00 is 25%. At the high price target of $235.00, the upside potential is 63.2%.
Second-quarter revenue is forecast at $724.39 million, up 4.6% sequentially and 35.4% higher year over year. Adjusted EPS are forecast at $0.56, down a penny sequentially but up 55.6% year over year. For the full fiscal year ending in January, analysts expect CrowdStrike to report EPS of $2.39, up 55.2%, on sales of $3.02 billion, up 34.9%.
CrowdStrike stock trades at 60.3 times expected 2024 EPS, 46.5 times estimated 2025 earnings of $3.10 and 35.5 times estimated 2026 earnings of $4.06 per share. The 52-week trading range is $92.25 to $198.14. CrowdStrike does not pay a dividend. Total shareholder return for the past year is negative 25.97%.
Pure Storage
Shares of storage technology firm Pure Storage Inc. (NYSE: PSTG) reached an all-time high in mid-July but have pulled back by about 8% since then. Still, shares are up 18.5% over the past 12 months, including a year-to-date jump of almost 35%.
When the company reported first-quarter results in May, CEO Charles Giancarlo gushed confidence about the company’s future, even though the quarter’s revenue was down by 5% year over year. How that confidence translates into sales and profits will be revealed Wednesday afternoon.
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